- Oshkosh Corp secures a three-year contract extension with the U.S. Army, boosting its tactical vehicle business.
- Analysts provide a price target range of $91.00 to $169.00 for Oshkosh Corp, indicating significant potential upside.
- GuruFocus estimates suggest a modest fair value gain for Oshkosh Corp stock over the next year.
Oshkosh Corp (NYSE: OSK) has announced a significant three-year contract extension, allowing the U.S. Army to continue purchasing its Family of Medium Tactical Vehicles A2 (FMTV A2) until February 2028. This agreement includes three special Low Velocity Air Drop (LVAD) variants, enhancing the Army's resupply and mobility capabilities. Following this news, OSK shares experienced a 2.11% rise, reaching $113.15 in premarket trading.
Wall Street Analysts’ Forecast
According to 14 analysts providing one-year price targets, the average target price for Oshkosh Corp (OSK, Financial) is $121.69, with projections ranging from a high of $169.00 to a low of $91.00. This average target suggests an upside potential of 10.77% from the current price of $109.86. For further detailed estimates, visit the Oshkosh Corp (OSK) Forecast page.
The consensus recommendation from 16 brokerage firms places Oshkosh Corp (OSK, Financial) at an average rating of 2.3, classified as "Outperform." This rating is derived from a scale where 1 represents a Strong Buy and 5 signifies a Sell, indicating a positive outlook among analysts.
GuruFocus Valuation Estimates
According to GuruFocus estimates, the GF Value for Oshkosh Corp (OSK, Financial) in the upcoming year is projected to be $113.91, suggesting a potential upside of 3.69% from the current trading price of $109.86. The GF Value is GuruFocus' calculated fair value, which considers historical trading multiples, past business growth, and future business performance projections. For more detailed company data and analysis, refer to the Oshkosh Corp (OSK) Summary page.