OSI Systems Positioned for Earnings Growth After Solid Q3, Oppenheimer Says
OSI Systems (OSIS) is positioned to deliver its 10th and 11th consecutive years of adjusted EPS growth following a solid Q3, Oppenheimer said in a Wednesday note.The firm said Q3 results remained broadly consistent with the company's longer-term performance trends despite some softer near-term undercurrents, including lighter free cash flow, slower services growth and weaker smaller-scale security project orders.Oppenheimer noted that comparable recurring services revenue rose nearly 20%, while the company's pipeline of cargo and aviation projects remains strong.The firm also said accelerated share repurchases appear increasingly likely in 2026.Oppenheimer maintained its outperform rating on OSI Systems with a $320 price target.Price: $208.97, Change: $-0.04, Percent Change: -0.02%
