Oshkosh Hits New 1-Year High After Analyst Upgrade

Shares of the specialty vehicle manufacturer rise on positive rating change

Published on Feb. 3, 2026

Oshkosh Corporation's (NYSE:OSK) stock price reached a new 52-week high after Bank of America upgraded the company's rating from "underperform" to "neutral" and set a $149 price target. The stock traded as high as $159 during the trading session, closing at $159.19 with over 864,000 shares changing hands.

Why it matters

The analyst upgrade and resulting stock price increase reflect growing optimism about Oshkosh's business outlook and performance. As a leading manufacturer of specialty trucks, military vehicles, and access equipment, the company's fortunes are closely tied to trends in the defense, construction, and industrial sectors.

The details

Bank of America cited improved market conditions and Oshkosh's diversified product portfolio as reasons for the rating upgrade. Several other research firms have also recently weighed in on the stock, with KeyCorp reiterating an "overweight" rating and Sanford C. Bernstein raising its price target.

  • Oshkosh stock hit a new 52-week high during mid-day trading on Tuesday, February 3, 2026.

The players

Oshkosh Corporation

A leading designer, manufacturer and marketer of specialty trucks, military vehicles and access equipment, headquartered in Oshkosh, Wisconsin.

Bank of America

A major U.S. financial services company that upgraded its rating on Oshkosh stock from "underperform" to "neutral" and set a $149 price target.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The analyst upgrade and stock price surge for Oshkosh highlight the company's strong market position and the positive outlook for its diversified product portfolio across key end markets like defense, construction, and industrial. This performance underscores Oshkosh's ability to navigate changing market conditions and deliver value for shareholders.