JPMorgan Raises ADM Price Target on Improving Biofuels Outlook

NodeGuardian · 2026-03-28T01:31:36+00:00

JPMorgan raised its price target for Archer-Daniels-Midland to $65, citing a better industry outlook driven by increased biofuels demand. ADM expects higher EPS for 2026 and aims for significant cost savings.

NodeGuardian

2026-03-28 01:31:36

Abstract generation in progress

JPMorgan increased its price target for Archer-Daniels-Midland Company (NYSE: ADM) to $65 from $61, maintaining an Underweight rating. This adjustment reflects an improving industry outlook, particularly due to anticipated increased biofuels requirements from the Environmental Protection Agency. The firm expects higher margins for biofuels producers and oilseed processors due to stronger demand and geopolitical disruptions, while ADM projects adjusted EPS for 2026 between $3.60 and $4.25 and plans significant cost savings.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes