Archer-Daniels-Midland Analysts Increase Their Forecasts Following Strong Q2 Results

Benzinga Earnings08-05 19:44

Archer-Daniels-Midland Co. (NYSE:ADM) on Tuesday reported upbeat second-quarter results and raised its full-year earnings outlook.

Adjusted earnings were $1.84 per share, beating the consensus estimate of $1.44. Revenue increased to $22.7 billion, ahead of analysts’ expectations of $21.8 billion.

ADM raised its fiscal 2026 adjusted earnings guidance to a range of $5.15 to $5.60 per share from its prior outlook of $4.15 to $4.70. The new forecast is above the analyst consensus estimate of $4.79.

“ADM delivered robust second-quarter financial and operating results,” said Juan Luciano, Chair of the Board and CEO. “Segment operating profit rose significantly year-over-year and sequentially, with broad-based growth across all three segments—driven by strong commercial and operational execution by the team, a constructive biofuels environment, and momentum in Nutrition, led by Flavors. These results, and the expectations we have into the back half of this year, give us confidence to again raise our 2026 earnings outlook.”

Archer-Daniels-Midland shares gained 1.2% to $80.81 in pre-market trading.

These analysts made changes to their price targets on Archer-Daniels-Midland following earnings announcement.

  • Morgan Stanley analyst Vincent Andrews upgraded the stock from Underweight to Equal-Weight and raised the price target from $60 to $79.
  • Barclays analyst Benjamin Theurer maintained the stock with an Equal-Weight rating and raised the price target from $85 to $90.

Considering buying ADM stock? Here’s what analysts think:

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