Nutrien Ltd. (NTR)
NYSE: NTR · IEX Real-Time Price · USD
52.65
+0.84 (1.62%)
At close: Apr 18, 2024, 4:00 PM
52.64
-0.01 (-0.02%)
Pre-market: Apr 19, 2024, 4:11 AM EDT
Nutrien Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Nutrien stock have an average target of 69.78, with a low estimate of 48 and a high estimate of 90. The average target predicts an increase of 32.54% from the current stock price of 52.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Nutrien stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 5 | 6 | 5 |
| Buy | 7 | 7 | 6 | 6 | 7 | 6 |
| Hold | 8 | 8 | 8 | 6 | 6 | 5 |
| Sell | 1 | 1 | 1 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 20 | 22 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Initiates $62 | Strong Buy | Initiates | $62 | +17.76% | Mar 26, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Mar 1, 2024 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $68 → $54 | Hold → Sell | Downgrades | $68 → $54 | +2.56% | Feb 29, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $77 → $69 | Buy | Maintains | $77 → $69 | +31.05% | Feb 26, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $75 → $70 | Buy | Maintains | $75 → $70 | +32.95% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
27.79B
from 29.06B
Decreased by -4.34%
Revenue Next Year
28.41B
from 27.79B
Increased by 2.21%
EPS This Year
4.14
from 2.53
Increased by 63.83%
EPS Next Year
4.61
from 4.14
Increased by 11.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 32.1B | 33.5B | 35.1B |
| Avg | 27.8B | 28.4B | 29.3B |
| Low | 25.3B | 25.9B | 26.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 20.5% | 23.6% |
| Avg | -4.3% | 2.2% | 3.3% |
| Low | -12.8% | -6.9% | -7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.04 | 5.91 | 5.21 | 4.38 | 4.63 |
| Avg | 4.14 | 4.61 | 4.52 | 4.21 | 4.45 |
| Low | 3.17 | 3.82 | 3.92 | 4.09 | 4.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 99.3% | 42.6% | 13.0% | -3.2% | 9.9% |
| Avg | 63.8% | 11.2% | -1.9% | -6.9% | 5.8% |
| Low | 25.1% | -7.8% | -14.9% | -9.6% | 2.6% |
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.