Jefferies cuts ADM stock price target to $44, maintains hold

Published 09/05/2025, 11:10
Jefferies cuts ADM stock price target to $44, maintains hold

On Friday, Jefferies analyst Dushyant Ailani adjusted the price target on shares of Archer Daniels Midland (NYSE:ADM), bringing it down to $44.00 from the previous $49.00, while keeping a Hold rating on the stock. The revision follows the company’s recent quarterly financial report and guidance update. According to InvestingPro data, ADM currently trades at $47.70 with a P/E ratio of 17.03, and analysis suggests the stock may be undervalued.

Earlier in the week, Archer Daniels Midland delivered a first-quarter earnings per share (EPS) that exceeded market expectations and confirmed its full-year 2025 outlook. However, the company has indicated that its EPS for the current quarter is anticipated to be at the lower end of the $4.00 to $4.75 range. The company maintains a solid 4.28% dividend yield and has raised dividends for 50 consecutive years, as noted in InvestingPro’s comprehensive analysis.

The company is facing ongoing challenges in its Refined Products and Oilseeds (RPO) and Crushing segments. In response to these pressures, management has revised its guidance for the Ag Services & Oilseeds (AS&O) segment. It is now projected to perform worse year-over-year, compared to the previous guidance which suggested results could range from in-line to a decline.

Despite the near-term headwinds, there are potential positives on the horizon. Strong Renewable Volume Obligation (RVO) proposals, according to the analyst, could provide support for the company in 2026 and might even have a favorable impact on the second half of 2025, as Renewable Identification Numbers (RINs) respond to these developments. For deeper insights into ADM’s valuation and growth prospects, access the full company analysis on InvestingPro, which includes exclusive financial metrics and expert research reports.

In other recent news, Archer-Daniels-Midland (ADM) reported first-quarter earnings that exceeded Wall Street expectations, with an adjusted earnings per share (EPS) of $0.70, surpassing the forecasted $0.67. However, the company’s revenue fell short of projections, totaling $20.18 billion against an expected $21.63 billion. Additionally, ADM announced a quarterly dividend of 51 cents per share, payable on June 11, 2025, marking its 374th consecutive quarterly payment. Meanwhile, BofA Securities downgraded ADM’s stock rating from Neutral to Underperform and lowered the price target to $45, citing concerns over persistent weak crush margins and potential earnings pressure. Despite ADM maintaining its full-year EPS guidance between $4.00 and $4.75, BofA Securities expressed skepticism, adjusting their own EPS estimate to $3.90. The firm noted that ADM’s first-quarter results raised more questions than answers, particularly regarding the company’s optimistic commentary and actual earnings. These developments reflect ongoing challenges and opportunities for ADM in a dynamic market environment.

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