Oppenheimer maintains Outperform rating on Allison Transmission stock

Published 05/08/2025, 14:00
Oppenheimer maintains Outperform rating on Allison Transmission stock

Investing.com - Oppenheimer has reiterated an Outperform rating and $115.00 price target on Allison Transmission (NYSE:ALSN) following the company’s second-quarter 2025 earnings report. The stock, which InvestingPro analysis indicates is currently undervalued, trades at an attractive P/E ratio of 10x with a strong financial health score.

Allison Transmission posted EBITDA of $313 million for the second quarter, exceeding both Oppenheimer’s estimate of $296 million and the Street’s consensus of $307 million. The company reported revenue of $814 million, slightly above analyst expectations of $808 million and $799 million, respectively. With a robust gross margin of 48.1% and strong cash flows, the company maintains an impressive financial profile. InvestingPro data reveals 11 additional key insights about ALSN’s financial strength.

The earnings beat was primarily driven by price increases, which helped offset lower volumes in the North American on-highway market. Sales in this segment decreased 9% year-over-year due to weaker demand for medium-duty trucks, while outside North America, on-highway revenues increased 11% year-over-year, supported by higher demand in South America and Europe.

Defense sales showed significant growth, increasing 47% year-over-year, benefiting from the company’s growth initiatives in this sector. This strong performance in defense helped balance the weakness in the North American on-highway segment.

Allison Transmission has lowered its fiscal year 2025 guidance, now projecting revenue of $3,075-3,175 million, down from the previous $3,200-3,300 million, and EBITDA of $1,130-1,180 million, reduced from $1,170-1,230 million previously. The revised outlook reflects weaker projections for North American on-highway demand and OEM medium-duty truck production.

In other recent news, Allison Transmission reported second-quarter 2025 earnings that surpassed analysts’ expectations. The company achieved an earnings per share (EPS) of $2.29, exceeding the forecasted $2.21. Revenue for the quarter also surpassed projections, coming in at $814 million compared to the anticipated $803.68 million. Additionally, the company’s EBITDA reached $313 million, which was 6% higher than anticipated. These results indicate stronger-than-expected financial performance for the quarter. In related developments, BofA Securities raised its price target for Allison Transmission to $84 from $79, while maintaining an Underperform rating on the stock. These updates reflect recent developments and are of interest to investors monitoring the company’s performance.

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