Oaktree Specialty Lending

OCSL · NASDAQ

$11.31−$0.08 (−0.70%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $11.39

OCSL analyst rating

HoldConsensus of 2 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold2
Underperform0
Sell0

12-month price target · 8 analysts

Average $13.08 (+15.6% upside)

Low: $12.12
Now: $11.31
High: $14.18

Upgrades and downgrades

The latest rating actions, newest first

OCSL analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
JP Morgan	Mar 13, 2026	Maintains	Neutral	$13.50 → $10.50	56%
Wells Fargo	Feb 5, 2026	Maintains	Equal-Weight	$13.00 → $12.00	50%

The case for and against

Updated May 8, 2025

Bull case

Oaktree Specialty Lending Corp (OCSL) has demonstrated resilience and strong portfolio performance, particularly during the COVID-19 pandemic, by strategically acquiring investments during market dislocations. The company's proven expertise in navigating the credit market contributes to its ability to maintain a premium valuation relative to the Business Development Company (BDC) sector. Additionally, OCSL's proactive management is evident in its reduced exposure to stressed investments and its stable net leverage, reinforcing a solid foundation for future growth.

Bear case

Oaktree Specialty Lending Corp. has experienced a decrease in its debt portfolio yield, falling to 11.2% from 11.9% in the previous quarter, which could signify diminishing profitability amidst rising competition for loans that may further pressure returns on equity. Additionally, the company reported total revenues that fell short of estimates, driven by a significant decline in interest income, which was only partially offset by an increase in fee income. The presence of net losses, amounting to $8.7 million or $0.11 per share, primarily due to impairments on specific loans, raises concerns regarding the overall credit quality of the portfolio in a potentially declining economic environment.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.