Wall St Engine
Truist Securities Upgrades $OSK to Buy from Hold, Raises PT to $127 from $93
Analyst comments: "Too Cheap to Ignore: We are upgrading OSK to Buy from Hold, increasing our adjusted 2026-2027 EPS to $12.55 and $15.00 (prev. $11.55 and $13.00), and raising our price target to $127 (from $93)—which assumes 7.0x our 2026 EBITDA estimate of $1.344B discounted back, and $11.0x our 2026 adjusted EPS estimate of 12.55 discounted back and implies 29% upside. Oshkosh is the cheapest name within our Machinery coverage universe trading at 8.3x consensus forward earnings and 5.9x consensus forward EV/EBITDA, representing a ~40% discount to the broader Machinery group and screening cheap relative its long-term average. We believe the risk/reward is attractive given strength of the balance sheet, above average visibility supported by backlog in the higher margin Vocational business, and with Defense sales and margins at bottom. We believe OSK earnings should prove more resilient relative to prior downturns. We believe that the overhang on the stock is that the downturn for Access Equipment extends to 2026, and the stock has priced in an aggressive bear case scenario."
Analyst: Jamie Cook
tweet
Truist Securities Upgrades $OSK to Buy from Hold, Raises PT to $127 from $93
Analyst comments: "Too Cheap to Ignore: We are upgrading OSK to Buy from Hold, increasing our adjusted 2026-2027 EPS to $12.55 and $15.00 (prev. $11.55 and $13.00), and raising our price target to $127 (from $93)—which assumes 7.0x our 2026 EBITDA estimate of $1.344B discounted back, and $11.0x our 2026 adjusted EPS estimate of 12.55 discounted back and implies 29% upside. Oshkosh is the cheapest name within our Machinery coverage universe trading at 8.3x consensus forward earnings and 5.9x consensus forward EV/EBITDA, representing a ~40% discount to the broader Machinery group and screening cheap relative its long-term average. We believe the risk/reward is attractive given strength of the balance sheet, above average visibility supported by backlog in the higher margin Vocational business, and with Defense sales and margins at bottom. We believe OSK earnings should prove more resilient relative to prior downturns. We believe that the overhang on the stock is that the downturn for Access Equipment extends to 2026, and the stock has priced in an aggressive bear case scenario."
Analyst: Jamie Cook
tweet
Wall St Engine
$VNOM TO ACQUIRE $STR IN $4.1B ALL-STOCK DEAL
Viper Energy, a Diamondback (FANG) unit, is buying Sitio Royalties in an all-equity deal valuing Sitio at $19.41/share, including $1.1B in net debt. Deal gives Viper ~85.7K net royalty acres in the Permian and boosts Q4 '25 production outlook to 64–68 Mbo/d.
Expected to be 8–10% accretive to cash available per share right after close, with $50M+ in annual synergies. New base dividend hiked 10% to $1.32/share. Pro forma leverage targeted at 1.2x at closing, under 1.0x at $60 WTI.
Diamondback will retain 41% ownership post-close. Deal expected to close Q3 2025.
tweet
$VNOM TO ACQUIRE $STR IN $4.1B ALL-STOCK DEAL
Viper Energy, a Diamondback (FANG) unit, is buying Sitio Royalties in an all-equity deal valuing Sitio at $19.41/share, including $1.1B in net debt. Deal gives Viper ~85.7K net royalty acres in the Permian and boosts Q4 '25 production outlook to 64–68 Mbo/d.
Expected to be 8–10% accretive to cash available per share right after close, with $50M+ in annual synergies. New base dividend hiked 10% to $1.32/share. Pro forma leverage targeted at 1.2x at closing, under 1.0x at $60 WTI.
Diamondback will retain 41% ownership post-close. Deal expected to close Q3 2025.
tweet
Offshore
Photo
Wall St Engine
$META just signed its biggest power deal yet—a 20-year agreement to buy 1.1 GW of nuclear energy from Constellation’s $CEG Clinton plant in Illinois starting 2027.
Without this, the plant was at risk of shutting down as subsidies expire. This deal not only keeps it running but could also lead to a new reactor at the site.
tweet
$META just signed its biggest power deal yet—a 20-year agreement to buy 1.1 GW of nuclear energy from Constellation’s $CEG Clinton plant in Illinois starting 2027.
Without this, the plant was at risk of shutting down as subsidies expire. This deal not only keeps it running but could also lead to a new reactor at the site.
$META TO BUY NUCLEAR POWER FROM CONSTELLATION $CEG FOR DATA CENTERS tweet
Wall St Engine
$UUUU HITS NEW URANIUM OUTPUT RECORD IN MAY
Energy Fuels produced nearly 259K lbs of U3O8 from its Pinyon Plain mine in May, up 71% from April. Year-to-date, output is around 480K lbs. Ore grades and volumes are topping expectations, boosting confidence in the mine’s potential.
The company also filed a new technical report for its Bullfrog project, raising indicated resources 15% and inferred 70%. Plans show 15 years of output at ~750K lbs/year. Permitting is progressing at Roca Honda and EZ Complex as part of a wider ramp-up under Trump’s nuclear push.
tweet
$UUUU HITS NEW URANIUM OUTPUT RECORD IN MAY
Energy Fuels produced nearly 259K lbs of U3O8 from its Pinyon Plain mine in May, up 71% from April. Year-to-date, output is around 480K lbs. Ore grades and volumes are topping expectations, boosting confidence in the mine’s potential.
The company also filed a new technical report for its Bullfrog project, raising indicated resources 15% and inferred 70%. Plans show 15 years of output at ~750K lbs/year. Permitting is progressing at Roca Honda and EZ Complex as part of a wider ramp-up under Trump’s nuclear push.
tweet
Offshore
Photo
Wall St Engine
$GNRC | FEMA SCRAPS NEW HURRICANE PLAN, REVERTS TO LAST YEAR’S AMID CUTS, CONFUSION
Just days into hurricane season, FEMA's new chief David Richardson scrapped this year’s updated response plan—opting to reuse last year’s guidance, despite staff cuts and program rollbacks. He also told employees he’d only recently learned hurricanes had a season, raising alarms inside the agency.
Internal messages and staff departures point to growing frustration, with FEMA months behind on prep and unsure how to fill key gaps in storm response.
tweet
$GNRC | FEMA SCRAPS NEW HURRICANE PLAN, REVERTS TO LAST YEAR’S AMID CUTS, CONFUSION
Just days into hurricane season, FEMA's new chief David Richardson scrapped this year’s updated response plan—opting to reuse last year’s guidance, despite staff cuts and program rollbacks. He also told employees he’d only recently learned hurricanes had a season, raising alarms inside the agency.
Internal messages and staff departures point to growing frustration, with FEMA months behind on prep and unsure how to fill key gaps in storm response.
tweet
Wall St Engine
$DG | Dollar General Q1 Earnings Highlights
🔹 Revenue: $10.44B (Est. $10.28B) 🟢
🔹 Adj. EPS: $1.78 (Est. $1.47) 🟢
🔹 Same-Store Sales: +2.4%
FY25 Guidance (Raised):
🔹 Revenue Growth: +3.7% to +4.7% (Prev: +3.4% to +4.4%) 🟢
🔹 Comp Sales: +1.5% to +2.5% (Prev: +1.2% to +2.2%) 🟢
🔹 EPS: $5.20 to $5.80 (Prev: $5.10 to $5.80) 🟢
🔹 Capex: $1.3B–$1.4B (unchanged)
🔹 Real Estate Projects: ~4,885
▪️ ~575 new U.S. stores, 15 in Mexico
▪️ ~2,000 Renovate, ~2,250 Elevate, ~45 relocations
Other Key Q1 Metrics:
🔹 Net Income: $391.9M (+7.9% YoY)
🔹 Operating Profit: $576.1M (+5.5% YoY)
🔹 Gross Margin: 31.0% (+78 bps YoY)
🔹 SG&A as % of Sales: 25.4% (+77 bps YoY)
🔹 Cash Flow from Ops: $847.2M (+27.6% YoY)
Inventory & Capex:
🔹 Merchandise Inventory: $6.6B (–7% YoY per store)
🔹 Capex: $291M
▪️ New Stores Opened: 156
▪️ Remodels: 668 (Elevate), 559 (Renovate)
▪️ Relocations: 23
Dividend:
🔹 Quarterly Dividend: $0.59/share (Payable July 22, 2025)
tweet
$DG | Dollar General Q1 Earnings Highlights
🔹 Revenue: $10.44B (Est. $10.28B) 🟢
🔹 Adj. EPS: $1.78 (Est. $1.47) 🟢
🔹 Same-Store Sales: +2.4%
FY25 Guidance (Raised):
🔹 Revenue Growth: +3.7% to +4.7% (Prev: +3.4% to +4.4%) 🟢
🔹 Comp Sales: +1.5% to +2.5% (Prev: +1.2% to +2.2%) 🟢
🔹 EPS: $5.20 to $5.80 (Prev: $5.10 to $5.80) 🟢
🔹 Capex: $1.3B–$1.4B (unchanged)
🔹 Real Estate Projects: ~4,885
▪️ ~575 new U.S. stores, 15 in Mexico
▪️ ~2,000 Renovate, ~2,250 Elevate, ~45 relocations
Other Key Q1 Metrics:
🔹 Net Income: $391.9M (+7.9% YoY)
🔹 Operating Profit: $576.1M (+5.5% YoY)
🔹 Gross Margin: 31.0% (+78 bps YoY)
🔹 SG&A as % of Sales: 25.4% (+77 bps YoY)
🔹 Cash Flow from Ops: $847.2M (+27.6% YoY)
Inventory & Capex:
🔹 Merchandise Inventory: $6.6B (–7% YoY per store)
🔹 Capex: $291M
▪️ New Stores Opened: 156
▪️ Remodels: 668 (Elevate), 559 (Renovate)
▪️ Relocations: 23
Dividend:
🔹 Quarterly Dividend: $0.59/share (Payable July 22, 2025)
tweet
Offshore
Photo
Wall St Engine
$HIMS TO ACQUIRE EUROPE’S ZAVA IN ALL-CASH DEAL
Hims & Hers is buying digital health platform ZAVA to expand into the UK, Germany, France, and Ireland. ZAVA served 1.3M+ active customers and delivered 2.3M consultations in 2024. The move marks HIMS’ official push into Europe, with a branded rollout expected soon. Deal is 100% cash-funded, closes in H2 2025, and expected to be accretive by 2026.
tweet
$HIMS TO ACQUIRE EUROPE’S ZAVA IN ALL-CASH DEAL
Hims & Hers is buying digital health platform ZAVA to expand into the UK, Germany, France, and Ireland. ZAVA served 1.3M+ active customers and delivered 2.3M consultations in 2024. The move marks HIMS’ official push into Europe, with a branded rollout expected soon. Deal is 100% cash-funded, closes in H2 2025, and expected to be accretive by 2026.
tweet
Wall St Engine
$RKLB LAUNCHES 10TH BLACKSKY MISSION, HITS 65 TOTAL ELECTRON FLIGHTS
Rocket Lab just completed its 65th Electron launch, deploying a Gen-3 BlackSky $BKSY satellite into 470 km orbit. This marks their 10th mission for BlackSky since 2019 and second this year alone. The back-to-back launches, just 16 days apart, show Electron’s growing reliability as a go-to for smallsat constellations. So far, Rocket Lab has now delivered 226 satellites to orbit.
tweet
$RKLB LAUNCHES 10TH BLACKSKY MISSION, HITS 65 TOTAL ELECTRON FLIGHTS
Rocket Lab just completed its 65th Electron launch, deploying a Gen-3 BlackSky $BKSY satellite into 470 km orbit. This marks their 10th mission for BlackSky since 2019 and second this year alone. The back-to-back launches, just 16 days apart, show Electron’s growing reliability as a go-to for smallsat constellations. So far, Rocket Lab has now delivered 226 satellites to orbit.
tweet
Wall St Engine
$OLLI TOPS Q1, RAISES CONFIDENCE IN FY25 OUTLOOK
Ollie’s Bargain Outlet beat Q1 estimates with EPS of $0.75 vs $0.71 expected and revenue of $576.8M vs $566M. For FY25, it sees EPS of $3.65–$3.75 (consensus $3.73) and reaffirms revenue growth of 1.4%–2.2% YoY. Management says strong store growth and demand for value put OLLI in a solid spot as others face pressure.
tweet
$OLLI TOPS Q1, RAISES CONFIDENCE IN FY25 OUTLOOK
Ollie’s Bargain Outlet beat Q1 estimates with EPS of $0.75 vs $0.71 expected and revenue of $576.8M vs $566M. For FY25, it sees EPS of $3.65–$3.75 (consensus $3.73) and reaffirms revenue growth of 1.4%–2.2% YoY. Management says strong store growth and demand for value put OLLI in a solid spot as others face pressure.
tweet
Wall St Engine
JACOBS LANDS $4B U.S. SPACE FORCE CONTRACT
Jacobs Technology $J secured a $4B IDIQ contract with the U.S. Air Force for Space Force range operations, engineering, and sustainment. Work covers both Patrick and Vandenberg Space Force Bases, supporting national security and commercial space missions through 2035.
tweet
JACOBS LANDS $4B U.S. SPACE FORCE CONTRACT
Jacobs Technology $J secured a $4B IDIQ contract with the U.S. Air Force for Space Force range operations, engineering, and sustainment. Work covers both Patrick and Vandenberg Space Force Bases, supporting national security and commercial space missions through 2035.
tweet
Offshore
Photo
Wall St Engine
KLARNA PILOTS FLEXIBLE DEBIT CARD IN U.S., EUROPE LAUNCH LATER THIS YEAR
Klarna is testing a new debit card in the U.S. that lets users pay now or split purchases over time, online or in-store, thanks to Visa’s Flexible Credential tech. The card, issued by WebBank, runs on debit rails but can switch to BNPL at checkout. With over 5M on the waitlist, a broader rollout in the U.S. and Europe is planned for later this year. Klarna paused its U.S. IPO plans in April amid market uncertainty tied to Trump’s tariff moves.
tweet
KLARNA PILOTS FLEXIBLE DEBIT CARD IN U.S., EUROPE LAUNCH LATER THIS YEAR
Klarna is testing a new debit card in the U.S. that lets users pay now or split purchases over time, online or in-store, thanks to Visa’s Flexible Credential tech. The card, issued by WebBank, runs on debit rails but can switch to BNPL at checkout. With over 5M on the waitlist, a broader rollout in the U.S. and Europe is planned for later this year. Klarna paused its U.S. IPO plans in April amid market uncertainty tied to Trump’s tariff moves.
tweet
Wall St Engine
$CME Group posted a record May with 28.9M average daily contracts traded, up 11% from last year. Interest rate products led with 16.2M contracts, while crypto volume surged 145% to a record 197K ADV. Micro contracts made up over 45% of equity index volume. International ADV rose 15%, with Asia up 24%.
tweet
$CME Group posted a record May with 28.9M average daily contracts traded, up 11% from last year. Interest rate products led with 16.2M contracts, while crypto volume surged 145% to a record 197K ADV. Micro contracts made up over 45% of equity index volume. International ADV rose 15%, with Asia up 24%.
tweet