Allison Transmission stock gained 1.45 percent after debt redemption
Published on 10/05/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAllison Transmission (ISIN US01973R1014) stock was last at USD 117.97 on the NYSE on October 2, 2026, up 1.45 percent from USD 116.28. The company's investor-relations page lists the completion of a partial redemption of its 4.750% senior notes due 2027 on October 2, 2026, giving the latest trading session a concrete balance-sheet backdrop through Allison Transmission.
Debt redemption sets the peg
The redemption is the most recent company event listed on Allison's investor-relations page. The company designs and manufactures propulsion solutions for commercial and defense vehicles, including fully automatic transmissions, hybrid-electric systems and electric axles.
That portfolio gives the debt action a broader operating context: Allison serves trucks, buses, emergency vehicles, off-highway equipment and defense platforms. Its investor-relations overview also identifies Indianapolis as its headquarters and describes distribution and manufacturing activity across several global markets.
Quarterly beat adds support
Allison's second-quarter 2026 results supplied the stronger operating signal. MarketBeat reported quarterly EPS of USD 2.73 against a USD 2.48 consensus estimate for the quarter ended June 30, 2026.
The same report put quarterly revenue at USD 1.57 billion, up 92.4 percent from the comparable quarter, versus an analyst estimate of USD 1.50 billion. Revenue therefore exceeded the cited estimate by USD 70 million, while EPS exceeded consensus by USD 0.25.
Consensus sits above last price
MarketBeat reported a Moderate Buy consensus from eight rating firms, comprising five Hold ratings, two Buy ratings and one Strong Buy rating, with an average 12-month price target of USD 131.17. That target lies 11.2 percent above the October 2 last price of USD 117.97.
Freedom Broker added a fresh analyst angle on October 2, 2026, initiating coverage with a Buy rating and a USD 144.00 target, according to Investing.com. The target lies 22.1 percent above the same NYSE price, placing the new bullish view above the broader consensus.
Stock range and market value
ALSN's October 2 session showed a day low of USD 116.89 and a day high of USD 119.08, with volume of 749,677 shares. The 52-week range was USD 76.01 to USD 137.62, while market capitalization stood at USD 9.8 billion as of October 2, 2026.
Allison Transmission stock facts
- Company: Allison Transmission Holdings, Inc.
- ISIN: US01973R1014
- Ticker: ALSN
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 117.97
- Market capitalization: USD 9.8 billion (as of October 2, 2026)
- 52-week range: USD 76.01-137.62 (as of October 2, 2026)
- Sector / Industry: Industrials / Auto Parts
