Archer-Daniels-Midland Company (ADM)

ADM Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for ADM stock have an average target of 66.64, with a low estimate of 51 and a high estimate of 95. The average target predicts an increase of 3.82% from the current stock price of 64.19.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$51	$66.64	$65	$95
Change	-20.55%	+3.82%	+1.26%	+48.00%

Analyst Ratings

The average analyst rating for ADM stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	9	11	12	12	12	12
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	11	13	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas Palmer Citigroup	Citigroup	Hold Maintains $64 → $63	Hold	Maintains	$64 → $63	-1.85%	Jul 15, 2024
David Driscoll Citigroup	Citigroup	Hold Maintains $63 → $64	Hold	Maintains	$63 → $64	-0.30%	Apr 3, 2024
Salvator Tiano B of A Securities	B of A Securities	Hold Maintains $85 → $74	Hold	Maintains	$85 → $74	+15.28%	Mar 14, 2024
Andrew Strelzik BMO Capital	BMO Capital	Hold Maintains $66 → $60	Hold	Maintains	$66 → $60	-6.53%	Mar 13, 2024
Dushyant Ailani Jefferies	Jefferies	Hold Maintains $70 → $65	Hold	Maintains	$70 → $65	+1.26%	Mar 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

91.31B

Decreased by -2.79%

from 93.94B

Revenue Next Year

93.37B

Increased by 2.25%

from 91.31B

EPS This Year

5.60

Decreased by -12.89%

from 6.43

EPS Next Year

5.55

Decreased by -0.92%

from 5.60

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	64.66B	64.36B	85.25B	101.56B	93.94B	91.31B	93.37B	94.67B	88.96B	89.98B
Revenue Growth	0.49%	-0.47%	32.47%	19.13%	-7.50%	-2.79%	2.25%	1.39%	-6.03%	1.15%
EPS	2.44	3.15	4.79	7.71	6.43	5.60	5.55	5.62	4.84	4.91
EPS Growth	-23.51%	29.10%	52.06%	60.96%	-16.60%	-12.89%	-0.92%	1.22%	-13.87%	1.46%
Forward PE	-	-	-	-	-	11.46	11.57	11.43	13.27	13.08
No. Analysts	-	-	-	-	-	15	14	9	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	106.1B	112.5B	114.4B	92.5B	93.5B
Avg	91.3B	93.4B	94.7B	89.0B	90.0B
Low	83.1B	84.5B	84.6B	86.3B	87.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	13.0%	23.2%	22.5%	-2.3%	5.2%
Avg	-2.8%	2.3%	1.4%	-6.0%	1.2%
Low	-11.5%	-7.5%	-9.4%	-8.8%	-1.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	6.21	6.30	6.44	5.03	5.10
Avg	5.60	5.55	5.62	4.84	4.91
Low	5.15	4.35	4.56	4.69	4.76

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-3.5%	12.5%	16.0%	-10.5%	5.5%
Avg	-12.9%	-0.9%	1.2%	-13.9%	1.5%
Low	-20.0%	-22.3%	-17.9%	-16.4%	-1.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.