Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI Summary - About
Oaktree Specialty Lending Corp(OCSL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for OCSL
10/29/2026: OCSL (2-star) is currently NOT-A-BUY. Pass it for now.
Oaktree Specialty Lending Corp is a business development company that focuses on providing customized debt financing to middle-market businesses. Backed by the institutional credit expertise of Oaktree Capital Management, the company has successfully transitioned its portfolio away from legacy assets toward higher-quality, diversified investments. The primary growth opportunity lies in capitalizing on the ongoing shift of middle-market lending from banks to private credit providers. However, investors must monitor risks related to macroeconomic volatility, competitive pressure on interest spreads, and the performance of underlying borrowers. OCSL remains a relevant option for income-focused investors, though it carries the standard risks associated with BDC leverage.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | OCSL is primarily an income-oriented vehicle rather than a capital appreciation play. |
| Momentum investor | Mixed fit | Momentum is generally weak as the stock price is often range-bound, tied more to NAV and interest rate trends. |
| Value investor | Strong fit | Value investors may find interest in buying at or near NAV, assessing the quality of the underlying loan portfolio. |
| Dividend investor | Strong fit | OCSL is specifically designed to provide consistent income distributions to shareholders. |
| Low-risk investor | Weak fit | The company carries inherent credit and leverage risks common to business development companies. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | BDC prices are sensitive to macro interest rate shifts and investor appetite for private credit. |
| Valuation risk | Medium | Portfolio valuations are internally determined by the board and may contain subjective appraisals. |
| Competition risk (Private Credit competition) | Medium / high | Increased entry of alternative asset managers into direct lending can compress spreads. |
| Business quality | Medium | While managed by a top-tier firm, the portfolio is still exposed to the creditworthiness of middle-market borrowers. |
| Dividend income | Medium | Dividends are dependent on the NII generated, which can fluctuate based on portfolio performance. |
| Execution risk | Medium | Management must successfully rotate into, and maintain, high-quality assets to preserve capital. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -32.16% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/29/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.05B USD | Price to earnings Ratio 24.9 | 1Y Target Price 12.5 |
Price to earnings Ratio 24.9 | 1Y Target Price 12.5 | ||
Volume (30-day avg) 464.7K shares | Beta 0.58 | 52 Weeks Range 10.06 - 12.98 | Updated Date 10/29/2026 |
52 Weeks Range 10.06 - 12.98 | Updated Date 10/29/2026 | ||
Dividends yield (FY) 12.71% | Basic EPS (TTM) 0.48 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Interest Income | Interest earned on first and second lien debt investments in portfolio companies. | The company acts like a bank, collecting interest payments from the businesses it lends to. |
| Dividend and Fee Income | Dividends from equity-like holdings and recurring origination/structuring fees. | The company earns extra cash through investment dividends and one-time fees from lending activities. |
Valuation
Trailing PE 24.9 | Forward PE 8.58 | Enterprise Value 2.45B | Price to Sales(TTM) 3.6 |
Enterprise Value 2.45B | Price to Sales(TTM) 3.6 | ||
Enterprise Value to Revenue 46.07 | Enterprise Value to EBITDA - | Shares Outstanding 88.09M | Shares Floating - |
Shares Outstanding 88.09M | Shares Floating - | ||
Percent Insiders 0.3 | Percent Institutions 50.25 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.