Gold prices buoyed by tariff fears; US duties on 1-kilo bars spur supply concerns
Investing.com - William Blair upgraded JBT Marel Corp. (NYSE:JBTM) from Market Perform to Outperform following the company’s strong second-quarter results and recent management discussions. The stock has shown impressive momentum, delivering a 56.6% return over the past year. According to InvestingPro data, three analysts have recently revised their earnings estimates upward for the upcoming period.
The upgrade reflects improved confidence in JBT Marel’s acquisition integration, which had previously raised concerns about deteriorating fundamentals in meat and fish segments, back-end-loaded synergies, tariff exposure, and limited financial disclosure in consolidated reporting.
William Blair noted that the first two quarters post-acquisition have progressed better than anticipated, with management acknowledging challenges at Marel while providing visibility on improvement plans.
The firm now sees a "de-risked setup for double-digit earnings growth through 2027" with multiple internal growth drivers including synergies, parts mix, new products, and potential M&A activity.
William Blair established a fair value range of $170 to $185 per share for JBT Marel stock based on its updated outlook.
In other recent news, JBTMarel Corp reported its second-quarter earnings for 2025, surpassing expectations with an adjusted earnings per share of $1.49, compared to the forecasted $1.27. The company achieved revenue of $935 million, outperforming the anticipated $816.44 million, resulting in a revenue surprise of 14.5%. These results mark a significant achievement for JBTMarel, reflecting strong operational performance. The positive earnings report has garnered attention from investors and analysts alike. While the earnings exceeded forecasts, the company did not announce any mergers or acquisitions during this period. Analyst firms have yet to release any upgrades or downgrades for JBTMarel following the earnings announcement. The company’s recent performance underscores its ability to deliver above-market expectations. These developments are part of the latest updates surrounding JBTMarel’s financial health and market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.