Oshkosh (OSK) Valuation: Assessing Upside After Barclays Highlights Multiyear Growth Potential

Barclays started coverage on Oshkosh (OSK) with an upbeat outlook, highlighting a possible multiyear earnings growth stretch ahead. While short-term bumps remain in the Access segment, the firm sees meaningful opportunity in the vocational business.

See our latest analysis for Oshkosh.

Oshkosh shares have captured increased attention after Barclays’ upbeat analyst coverage, with the stock climbing more than 35% year-to-date. While there was a slight dip in the past quarter, long-term shareholders have enjoyed a 13.9% total return over the last year and more than 62% over five years. This suggests investor confidence remains solid despite short-term Access segment challenges.

If this renewed optimism for Oshkosh's growth has you interested in what else is gaining traction, now’s an ideal time to broaden your search and discover fast growing stocks with high insider ownership

With shares trading nearly 18% below the latest analyst price target and intrinsic valuation suggesting an even deeper discount, investors are left to consider whether Oshkosh remains undervalued or if the market has already accounted for its growth potential.

Most Popular Narrative: 17% Undervalued

Compared to Oshkosh’s last close of $127.12, the most popular narrative places fair value at $153.08. This notable premium signals analysts see strong catalysts supporting a higher valuation. The narrative’s bullish assumptions are built on robust sector trends, anticipated growth, and operational improvements.

Expansion of large-scale infrastructure projects and growth in data center construction are fueling robust demand for Oshkosh's specialty vehicles and equipment, creating a multi-year tailwind for order volume and sustained revenue growth. Oshkosh's accelerating innovation in electric, hybrid, and autonomous vehicle technologies positions the company to win incremental business and command higher margins as customers shift toward sustainability and digital solutions.

Read the complete narrative.

What’s driving analysts to see so much more upside in Oshkosh? The fair value calculation hinges on ambitious multi-year growth in both revenue and margins, with high-stakes innovation set against a backdrop of industry transformation. Curious which future forecasts and profitability targets are powering this premium? See what makes this narrative’s projections so compelling.

Result: Fair Value of $153.08 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, persistent tariff headwinds and Oshkosh's reliance on large government contracts could quickly challenge these bullish assumptions if market conditions deteriorate.

Find out about the key risks to this Oshkosh narrative.

Build Your Own Oshkosh Narrative

If you think there is another side to the story or want to explore the numbers further, you can create your own analysis in just a few minutes. Do it your way

A great starting point for your Oshkosh research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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