In this article, we discuss the 7 Best Potash Stocks to Buy According to Analysts.
Amid the recent geopolitical developments, the global potash market remains in a state of flux. In particular, the U.S. potash market is undergoing a challenging environment following President Donald Trump’s decision to impose a 35% tariff on Canadian imports, effective August 1, 2025. Following this, concerns have risen over fentanyl trafficking across the border, causing uncertainty about the tariff’s impact on potassium fertilizers, including potash. While goods under the U.S.-Mexico-Canada Agreement (USMCA) remain unaffected by the tariff implications, and the tariff’s scope is still under negotiation, uncertainty about the future of potash trade looms.
Meanwhile, Canada continues to dominate the potash production market, responsible for over 50% of U.S. imports. Canada has exported roughly 4.9 million metric tons of potash to the U.S. in the first five months of 2025 alone. Looking ahead, the global demand for potash is projected to grow substantially, driven by rising living standards and changing diets. BHP, one of the major potash players, projects a 70% surge in demand by 2050.
With this backdrop, let’s move on to our list of the 7 Best Potash Stocks to Buy According to Analysts.
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Our Methodology
To curate our list of the 7 Best Potash Stocks to Buy According to Analysts, we used the Finviz screener to extract potash companies. We assessed analyst sentiment across the list and chose the stocks based on their upside potential. The list is in ascending order based on the respective stocks’ upside potential. We also considered the hedge fund sentiment across these stocks using Insider Monkey’s hedge fund database, which tracks over 1,000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
7. Nutrien Ltd. (NYSE:NTR)
Number of Hedge Fund Holders: 32
Upside Potential: 8.79%
With upside potential and strong hedge fund interest, Nutrien Ltd. (NYSE:NTR) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.
On July 23, 2025, UBS raised its price target for Nutrien Ltd. (NYSE:NTR) from $56 to $64, maintaining a ‘Neutral’ rating. This price revision comes amid expectations of medium-term declines in Nitrogen, Phosphorus, and Potassium (NPK) fertilizer prices.
Previously, on July 17, Wells Fargo also increased its price target for Nutrien Ltd. (NYSE:NTR) to $62, reflecting optimism surrounding the company’s Q2 results. However, the analyst advised caution due to the company’s share price year-to-date rally.
Meanwhile, Oppenheimer expressed the most bullish stance. The analyst, who increased the price target to $63 on May 13, 2025, raised the target again to $65 on July 15. The company, having missed expectations in Q1 due to weather-driven volume shifts, is expected to report a stronger Q2 performance, driving the analyst’s optimism.
While Nutrien Ltd. (NYSE:NTR)’s short-term outlook remains mixed among analysts, it is projected to have a strong long-term outlook.
Operating through its Nutrien Ag Solutions, Potash, Nitrogen, and Phosphate segments, Nutrien Ltd. (NYSE:NTR) manufactures potash, nitrogen, and phosphate products for agricultural, industrial, and feed market segments. It is included in our list of the best potash stocks.
6. The Mosaic Company (NYSE:MOS)
Number of Hedge Fund Holders: 48
Upside Potential: 9.93%
The Mosaic Company (NYSE:MOS) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.
On July 16, 2025, The Mosaic Company (NYSE:MOS) announced the launch of its new $84 million blending, storage, and distribution plant in Palmeirante, Brazil. This facility is expected to boost annual processing capacity to 1 million tons, enhancing the company’s presence in the growing MATOPIBA agricultural region in Brazil.
With this launch, The Mosaic Company (NYSE:MOS) projects margins of $30-$40 per ton, with an internal rate of return (IRR) above 20%. This facility reinforces the company’s long-term plan of growing its distribution sales from under 8 million tons in 2024 to 13-14 million by 2030.
Following the launch, on July 23, 2025, UBS upgraded The Mosaic Company (NYSE:MOS) from ‘Neutral’ to ‘Buy,’ with a $45 price target. The analyst expressed confidence in the company’s future growth trajectory, with its ongoing strategic efforts.
Operating in the United States, Brazil, China, Canada, Paraguay, Argentina, Japan, Colombia, India, Australia, Peru, Mexico, and internationally, The Mosaic Company (NYSE:MOS) produces concentrated phosphate and potash crop nutrients.
5. FMC Corporation (NYSE:FMC)
Number of Hedge Fund Holders: 38
Upside Potential: 15.40%
With upside potential and strong hedge fund interest, FMC Corporation (NYSE:FMC) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.
On July 14, 2025, KeyBanc increased its price target for FMC Corporation (NYSE:FMC) from $53 to $61, maintaining an ‘Overweight’ rating. With FMC’s shares trading around $42, as of the time of writing, this price target represents an upside potential of 45%. This price revision comes amid FMC’s sustainability push, as detailed in its May 21 report. In its 2024 sustainability report, FMC Corporation (NYSE:FMC) reported a 27% reduction in greenhouse gas emissions and $6 million in operating cost savings.
Furthermore, the company strengthened its future outlook with its strategic agreement with Corteva Agriscience on June 3, 2025. With this alliance, FMC Corporation (NYSE:FMC) aims to expand fluindapyr fungicide use in U.S. corn and soybean markets, translating into 175 million acres of opportunity. The fungicide is an active ingredient that is already commercialized in several key agricultural regions worldwide.
At the same time, FMC Corporation (NYSE:FMC) demonstrated its commitment to shareholders with the July 12 announcement of a quarterly dividend of $0.58 per share, payable on October 16, 2025.
With its innovative and sustainable strategy, FMC Corporation (NYSE:FMC), a global agricultural sciences company, produces crop protection solutions for farmers. The company also offers potash-based fertilizers. It is included in our list of the best potash stocks.
4. Rio Tinto Group (NYSE:RIO)
Number of Hedge Fund Holders: 36
Upside Potential: 15.53%
Rio Tinto Group (NYSE:RIO) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.
On July 28, 2025, Zacks downgraded Rio Tinto Group (NYSE:RIO) to ‘Sell’. This comes amid a 1.5% month-over-month decline in consensus EPS estimates, bringing it to $6.01 per share. This is attributed to the expectations of weak short-term earnings for the company. Nevertheless, the average brokerage recommendation remains at a bullish 1.80. Out of all the analysts covering RIO, 60% have issued a ‘Strong Buy’ rating.
This analyst update follows a binding agreement between Rio Tinto Group (NYSE:RIO) and Chile’s ENABI for the Salares Altoandinos lithium project, finalized on July 24, 2025. With this agreement, RIO acquired a 51% stake in the project, committing up to $425 million and leveraging its proprietary DLE technology. Furthermore, the update follows RIO’s strong July 16 report, wherein it revealed a 13% YoY increase in copper-equivalent output, record bauxite production, and strong momentum from Oyu Tolgoi and Simandou.
Thus, the company’s continued growth in the lithium and copper businesses positions Rio Tinto Group (NYSE:RIO) well for long-term growth.
Rio Tinto Group (NYSE:RIO), a global mining and metals company, primarily operates in iron ore, aluminum, copper and lithium markets, while also engaging in potash operations in Canada. It is included in our list of the best potash stocks.
3. Vale S.A. (NYSE:VALE)
Number of Hedge Fund Holders: 37
Upside Potential: 23.17%
With upside potential and strong hedge fund interest, Vale S.A. (NYSE:VALE) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.
On July 22, 2025, Vale S.A. (NYSE:VALE) announced strong Q2 production results. The company’s iron ore production rose 4% YoY to 83.6 Mt. This increase was attributed to ramp-ups at Brucutu and a quarterly record at its Serra Sul (S11D) mine in Brazil. Meanwhile, the copper output reached 92.6 kt, the highest Q2 volume since 2019. Nickel, on the other hand, reported a 44% increase, reaching 40.3 kt, the strongest Q2 since 2021.
Moreover, on July 24, 2025, Vale S.A. (NYSE:VALE) announced its full compliance with Brazil’s Corporate Governance Code. The company achieved compliance for a second consecutive year, highlighting its ESG focus. Furthermore, VALE became the first company in the world to adopt the ISSB sustainability standard.
Yet, analyst sentiment remains cautious. On July 22, 2025, Scotiabank reduced its price target for Vale S.A. (NYSE:VALE) from $13.00 to $12.50. The analyst attributed this to persistent softness in global steel demand. Nevertheless, the company, with its operational momentum and governance leadership, is well-positioned for long-term growth.
Vale S.A. (NYSE:VALE), a Brazilian mining company, is the largest producer of iron ore, nickel, and copper globally. Additionally, the company operates in copper, coal, and potash segments. It is included in our list of the best potash stocks.
2. Sociedad Química y Minera de Chile S.A. (NYSE:SQM)
Number of Hedge Fund Holders: 14
Upside Potential: 24.23%
Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.
On July 28, 2025, JPMorgan reiterated its ‘Neutral’ rating, raising the price target for Sociedad Química y Minera de Chile S.A. (NYSE:SQM) from $39 to $41. This price revision comes just a month after the analyst reduced its target for the company amid softer lithium price forecasts and weaker Q1 performance of SQM.
In Q1, while electric vehicle demand rebounded, the analyst remains wary of trade tensions and over-supply concerns in the lithium market. The analyst reduced SQM’s 2025 EBITDA forecast to $1.407 billion, which is 4% below consensus. Furthermore, the analyst noted that Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is burning $77 million in cash, with a valuation of 9x forward EV/EBITDA. Thus, the analyst sees limited room for a rerating in the short term. The analyst attributed the price target increase to the lithium market recovery.
Catering to global agriculture, energy, and technology sectors, Sociedad Química y Minera de Chile S.A. (NYSE:SQM) produces lithium, iodine, potassium, and industrial chemicals. The company also produces potash-based fertilizers. It is included in our list of the best potash stocks.
1. The Andersons, Inc. (NASDAQ:ANDE)
Number of Hedge Fund Holders: 16
Upside Potential: 29.32%
With upside potential and strong hedge fund interest, The Andersons, Inc. (NASDAQ:ANDE) is included in our list of the 7 Best Potash Stocks to Buy According to Analysts.
On June 19, 2025, The Andersons, Inc. (NASDAQ:ANDE) announced a Q3 2025 dividend of $0.195 per share, which is its 115th consecutive quarterly payout since it was listed in 1996. This dividend payment, payable on July 22 to shareholders of record as of July 1, comes amid a mixed outlook for the company.
On May 5, 2025, BMO Capital initiated its coverage of The Andersons, Inc. (NASDAQ:ANDE) with a ‘Market Perform’ rating and a $45 price target. Relative to the company’s current share price of $36.43, this price target represents an upside potential of 23.52%. The company’s Agribusiness and Renewables segments have been undergoing challenges in recent times, but the analyst highlighted strength in its Nutrient & Industrial division, bolstered by fertilizer profits and strategic investments like Skyland Grain. Given the company’s share price nearing its 52-week low and its low price-to-earnings ratio, the analyst believes the stock is undervalued.
With its Trade, Renewables, and Nutrient & Industrial segments, The Andersons, Inc. (NASDAQ:ANDE) is a diversified agribusiness that offers grain trading, ethanol, and plant nutrient solutions globally. Under its plant nutrient offerings, the company also provides potash-based fertilizers. It is included in our list of the best potash stocks.
While we acknowledge the potential of ANDE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ANDE and that has 100x upside potential, check out our report about this cheapest AI stock.
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