12 Undervalued Defensive Stocks for 2026

8. Archer-Daniels-Midland Company (NYSE:ADM)

Archer-Daniels-Midland Company (NYSE:ADM) is one of the best undervalued defensive stocks for 2026. Archer-Daniels-Midland Company (NYSE:ADM) announced on March 12 a new initiative with American Farmland Trust to partner with hundreds of farmers across Illinois, Indiana, Iowa, Kansas, Kentucky, and Missouri. It stated that the $500,000 investment from ADM Cares is a part of ADM’s Farm Forward Initiative, which is its long-term commitment to working alongside American farmers to bolster resilience in a rapidly changing agricultural landscape.

Management stated that the partnership will allow ADM Cares and AFT to engage American farmers to offer connections to production resources and peer networks, direct technical assistance for succession planning, and grant funding to support productivity, market access, and farmer well-being.

In a separate development, Archer-Daniels-Midland Company (NYSE:ADM) received a rating update from Barclays on February 19. The firm lifted the price target on the stock to $68 from $61 and maintained an Equal Weight rating on the shares.

Archer-Daniels-Midland Company (NYSE:ADM) is a human and animal nutrition company that serves as an agricultural processor and supply chain manager. It operates through the Carbohydrate Solutions, Nutrition, and Ag Services and Oilseeds segments.