AlphAIAlphAI — Financial news for AI agents
marketscreener.comOCT 121 min read

Citigroup Upgrades Allison Transmission to Buy From Neutral, $135 Price Target

Citigroup upgraded Allison Transmission to 'Buy' from 'Neutral' with a $135 price target. The stock has a 5-day change of +0.69%, 1st Jan change of -6.87%, and a 12-month change of +12.22%. The upgrade is based on valuation, EPS revisions, and visibility metrics.

Original reporting
marketscreener.com
Published Oct 12, 2026, 9:47 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 12, 2026, 10:06 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefFinancial news
Primary signal
MARKET
Neutral
AI market analysis
Mentioned
$ALSN
Relevance
7/10
AlphAI data visualization · based on marketscreener.com
Decision brief

The 30-second read

High
01

Why it matters

The rating change is expected to attract buying interest and could lift the stock in the near term.

02

Market read

Analyst upgrade with a clear price target provides a fresh catalyst for the stock.

03

What to watch

Potential supply-chain constraints could limit upside.

Relevance 7/10Novelty 7/10Timing: pre-market today

Background

Citigroup's research team issued a new rating for Allison Transmission, moving from Neutral to Buy with a $135 price target.

Market effects

Sector

Positive sentiment may spill to other transmission and industrial equipment stocks.

Regional

Limited to U.S. industrial sector.

Global

Minimal global impact.

Counterpoint

What could challenge this read

The upgrade may be premature if underlying earnings remain weak.

Key entities

  • financial_institution
    Citigroup

    Issuer of the upgrade and price target.

  • company
    Allison Transmission

    Subject of the upgrade.

Read at source← All news

StoryCitigroup upgrades Allison Transmission to Buy with $135 price target

Also covered by

1 outlet

Related articles

OCT 12
$ALSNMed

ALSN Upgraded by Citigroup -- Price Target Raised to $135

Citigroup upgraded Allison Transmission (ALSN) to Buy with a $135 price target. The stock is trading at $109.86, 29.8% below its GF Value™ of $156.46, indicating potential undervaluation. ALSN has a GF Score™ of 95/100, strong profitability, and growth but moderate financial strength. Analysts cite optimism in the automotive sector for the upgrade.

gurufocus.com2 min
OCT 12
$ALSNMed

Why is Allison Transmission stock gaining today?

Allison Transmission (ALSN) stock rose 1.0% in pre-market trading after Citi upgraded it to Buy with a $135 price target. The company's stock had declined 13.5% in the prior month. Other analysts, including Zacks and Freedom Broker, have also recently upgraded ALSN. The broader market showed little movement, with the S&P 500, Dow Jones, and Nasdaq each changing less than 0.1%. Allison raised its 2026 revenue guidance to $5.8B–$6.0B following a record Q2 performance.

investing.com2 min
SEP 4
$ALSNMed

How Investors May Respond To Allison Transmission (ALSN) Raising 2026 Guidance On Off-Highway Synergies

Allison Transmission (ALSN) reported Q2 2026 earnings and revenue above consensus, driven by defense demand and its Off-Highway business. The company raised its 2026 sales and adjusted EBITDA guidance, aiming for $120M in annual cost savings by 2029. Investors are assessing the impact of these updates on the company's investment narrative and risks, particularly around electrification and integration challenges.

simplywall.st2 min
AUG 10
$ALSNMedAI 8/10

Allison Transmission’s Q2 Earnings Call: Our Top 5 Analyst Questions

Allison Transmission (ALSN) reported Q2 revenue of $1.57B versus $1.52B estimates and adjusted EPS of $2.73 versus $2.59, with adjusted EBITDA of $404M versus $392.5M. The company lifted full-year revenue guidance to $5.9B and EBITDA guidance to $1.52B (midpoint). Management cited Off-Highway integration, defense contract wins, and pricing actions to offset costs.

financialcontent.com4 min
AUG 5
$ALSNMedAI 8/10

Allison Transmission Q2 Earnings Call Highlights

Allison Transmission (NYSE:ALSN) reported Q2 updates on pricing, demand and guidance. COO Fred Bohley said North American on-highway revenue rose 15% sequentially and off-highway Q2 revenue was $706 million. The company expects 2026 net sales $5.8B-$6.0B and adjusted EBITDA $1.465B-$1.575B, plus defense contract wins.

yahoo.com6 min