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ADM Archer-Daniels-MidlandAnalyst actions

JPMorgan Upgrades Archer-Daniels-Midland to Neutral; Stephens Cuts Target

Stephens & Co. kept its equal-weight rating and lowered its price target to $75 from $85 during the session.

By Zintick Team · Editor: Kratik Mehta
Published

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Key points

  • JPMorgan: upgraded to neutral from underweight, target kept at $75
  • Stephens & Co.: kept equal-weight, cut target to $75 from $85
  • Stock rose 0.3% to $70.84 on Nov. 4; S&P 500 ETF rose 1.6%
  • Coverage median target before the actions was $80.50

JPMorgan upgraded Archer-Daniels-Midland (NYSE: ADM) to neutral from underweight before the open on Wednesday and kept its price target at $75. Stephens & Co. maintained its equal-weight rating during the session and cut its target to $75 from $85.

ADM closed at $70.84 on Wednesday, up 0.3%, while the S&P 500 ETF rose 1.6% that session. The stock had closed at $70.60 on Tuesday, Nov. 3, after falling 14.1% over the 20 sessions before that close.

Of six firms that rated the stock in the past year, one rated it positive, four neutral and one negative before Wednesday's actions. Their median target was $80.50, with targets ranging from $75 to $95. The new $75 target from Stephens sits at the low end of that range.

At Tuesday's close, ADM's market value was about $33.60 billion. Revenue for the last fiscal year, which ended Dec. 31, 2025, was $80.27 billion, down 6% from a year earlier. For the quarter ended Sept. 30, revenue was $22.34 billion, up 10%, and cash and equivalents were $711.0 million.

The actions came a day after Archer-Daniels-Midland filed its quarterly report with the SEC.

Sources

Written with AI from analyst rating changes, SEC filings and market data, and checked against those sources before publishing. Our editorial standards.

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Filings, figures and price history are on the Archer-Daniels-Midland page.