Oshkosh Corporation Surges to 332nd in Trading Volume with $2.91 Billion Day

On June 5, 2025, Oshkosh Corporation (OSK) saw a significant surge in trading volume, reaching $2.91 billion, marking a 409.85% increase from the previous day. This surge propelled OSK to the 332nd position in the day's trading volume rankings, with the stock price rising by 7.32%.

Oshkosh Corporation has set ambitious financial targets for 2028, aiming to achieve revenue between $13 billion and $14 billion. The company also targets an adjusted operating income margin of 12% to 14%, along with adjusted earnings per share (EPS) ranging from $18.00 to $22.00. Additionally, Oshkosh expects a free cash flow conversion rate of over 90% throughout the business cycle.

During its Investor Day event, Oshkosh Corporation outlined its growth strategy and financial goals for 2028. The company's president and CEO, John Pfeifer, highlighted the firm's renowned brands and cutting-edge technologies as key drivers for its global mission. Oshkosh's strategic focus and strong financial foundation are expected to fuel significant growth in revenue and adjusted EPS over the next three years. The company's optimistic outlook is supported by a solid backlog and continued strong demand in its markets.

In the first quarter of 2025, Oshkosh Corporation reported strong performance in its vocational segment, with a 12% year-over-year revenue growth and an adjusted operating income margin of nearly 15%. The company also maintained a healthy backlog of $1.8 billion in its Access segment, indicating strong future demand. Oshkosh successfully mitigated European tariffs by relocating production from China to Italy, demonstrating its agility in managing supply chain challenges. The Defense segment is on track to ramp up NGDV production to full rate by year-end, promising strong revenue growth in the latter half of 2025. The company continues to innovate with new product launches, such as the micro-sized ES1930M Scissor Lift and advanced technologies like the ClearSky Smart Fleet.

However, Oshkosh Corporation faces potential challenges, including a $1 per share impact from tariffs, which could affect its full-year earnings guidance. The Access segment experienced a decrease in sales due to softer market conditions in North America, and the company reported a 9% decrease in consolidated sales from the same quarter last year. Higher operating expenses and increased new product development spending negatively impacted adjusted operating income. The Defense segment also faced lower volume and higher cumulative catch-up adjustments, affecting its performance in the first quarter.