Corteva (NYSE:CTVA) Price Target Lowered to $95.00 at BMO Capital Markets

Corteva (NYSE:CTVA) had its price objective cut by stock analysts at BMO Capital Markets from $100.00 to $95.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target would suggest a potential upside of 13.87% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. KeyCorp began coverage on shares of Corteva in a report on Thursday, September 10th. They issued a “sector weight” rating on the stock. Citigroup boosted their price objective on Corteva from $85.00 to $86.00 and gave the company a “neutral” rating in a research note on Monday, August 3rd. Mizuho boosted their price target on shares of Corteva from $96.00 to $97.00 and gave the company an “outperform” rating in a research report on Tuesday, July 14th. JPMorgan Chase & Co. raised their price objective on shares of Corteva from $77.00 to $83.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Finally, Morgan Stanley boosted their price objective on Corteva from $84.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Corteva currently has a consensus rating of “Moderate Buy” and an average target price of $91.50.

Corteva Stock Performance

Shares of Corteva stock opened at $83.43 on Wednesday. The business’s fifty day simple moving average is $83.35 and its 200 day simple moving average is $81.44. The company has a current ratio of 1.52, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07. Corteva has a 12 month low of $60.53 and a 12 month high of $90.97. The firm has a market capitalization of $55.66 billion, a P/E ratio of 55.25, a price-to-earnings-growth ratio of 2.53 and a beta of 0.57.

Corteva (NYSE:CTVA) last announced its earnings results on Thursday, July 30th. The company reported $2.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.06. The firm had revenue of $6.38 billion during the quarter, compared to analyst estimates of $6.60 billion. Corteva had a return on equity of 10.18% and a net margin of 5.66%.The business’s revenue was down 1.2% compared to the same quarter last year. During the same period last year, the firm posted $2.20 EPS. Corteva has set its FY 2026 guidance at 3.600-3.800 EPS. As a group, analysts anticipate that Corteva will post 3.72 EPS for the current year.

Hedge Funds Weigh In On Corteva

Several institutional investors have recently modified their holdings of the company. EFG International AG bought a new stake in shares of Corteva in the 2nd quarter worth approximately $25,000. Compass Financial Management LLC purchased a new stake in Corteva in the second quarter worth about $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Corteva during the fourth quarter valued at approximately $29,000. Elevation Wealth Partners LLC raised its holdings in Corteva by 334.6% in the second quarter. Elevation Wealth Partners LLC now owns 339 shares of the company’s stock worth $29,000 after purchasing an additional 261 shares in the last quarter. Finally, Basepoint Wealth LLC bought a new stake in shares of Corteva in the 4th quarter worth approximately $30,000. 81.54% of the stock is currently owned by institutional investors.

Corteva News Roundup

Here are the key news stories impacting Corteva this week:

• Positive Sentiment: Spinoff formally approved: Corteva’s board approved the distribution of Vylor, advancing the company’s plan to create two independent, publicly traded businesses. The separation could allow Corteva’s crop-protection operations and Vylor’s seed business to pursue more focused strategies. Corteva Board of Directors Approves Vylor Distribution
• Positive Sentiment: Seed technology offers long-term growth: Vylor said its hybrid wheat platform, marketed as Xpedite, is expected to launch in late 2027. The company forecasts approximately $500 million in North American wheat revenue by 2035 and $1 billion by 2040. Vylor Confirms Breakthrough Wheat Technology Will Launch in 2027
• Positive Sentiment: Expanded soybean strategy: Vylor plans four technology platforms by 2035, including broader-spectrum insect control in Latin America, and expects roughly $500 million of incremental revenue by 2035. The initiatives support the investment case for Corteva’s seed assets ahead of the separation. Vylor to Expand Soybean Leadership
• Neutral Sentiment: Investor Day provided additional detail on the separation, innovation pipeline and long-term strategy, but the supplied update does not include specific new FY 2029 EPS figures. Corteva Analyst/Investor Day Transcript
• Negative Sentiment: Regulatory and litigation uncertainty remains: Several state attorneys general are seeking to block the corporate separation. Corteva rejected their allegations as unfounded, but the dispute could delay the October 1 transaction or increase execution costs. Corteva Rejects State Attorneys General Allegations

Corteva Company Profile

Corteva, Inc is a global agricultural science company that develops and supplies seed, crop protection and digital agriculture solutions. Its products are designed to help farmers improve crop productivity, manage pests and weeds, and address changing environmental and agricultural conditions.

The company’s seed portfolio includes corn, soybean, wheat, sunflower, canola, cotton and other crop varieties marketed under brands such as Pioneer and Brevant. Corteva also provides herbicides, insecticides, fungicides and biological products, including solutions associated with its Enlist weed-control system and other crop protection technologies.

Corteva serves farmers, agricultural retailers and other customers across North America, Latin America, Europe, Asia and other international markets.