Oshkosh Corporation (OSK) Rises 2.51% in Two Days Despite Earnings Miss

Oshkosh Corporation (OSK) shares rose 0.51% today, marking the second consecutive day of gains, with a total increase of 2.51% over the past two days. The stock price reached its highest level since March 2025, despite an intraday decline.

The strategy of buying Oshkosh (OSK) shares after they reached a recent high and holding for 1 week yielded moderate returns over the past five years, with a 33% increase in the share price, slightly underperforming the market return of 98%. However, this result reflects the broader market's performance rather than the specific strategy's effectiveness. The strategy benefited from Oshkosh's consistent earnings growth, which matched the average annual increase in the share price, indicating stable investor sentiment.

Evercore ISI Group recently increased its target price for Oshkosh from $137.00 to $147.00, reflecting a 7.30% increase from the previous estimate. This adjustment suggests a positive outlook from analysts, which could potentially drive the stock price higher.

Oshkosh Corporation is scheduled to host an Investor Day on June 5, 2025. During this event, the company will provide detailed updates on its strategic initiatives, technological advancements, capital allocation priorities, and financial growth targets. This event is expected to influence investor sentiment and could impact the stock price.

Oshkosh Corporation reported first-quarter 2025 adjusted earnings of $1.92 per share, falling short of the Zacks Consensus Estimate of $2.02. This earnings miss could negatively affect the stock price, as investors may reassess their expectations for the company's financial performance.