CNH Industrial N.V. (CNH) Earns Moderate Buy Consensus, JPMorgan Downgrades on Weaker Outlook

CNH Industrial N.V. (NYSE:CNH) is one of the best industrial stocks to buy according to Wall Street analysts. CNH Industrial N.V. (NYSE:CNH) commands a Moderate Buy rating from 14 Wall Street analysts, made up of 8 Buys, 5 Holds, and 1 Sell ratings. The average price target on the stock is $12.61, implying 33.16% upside potential from current levels of $9.47 a share.

CNH Industrial N.V. (CNH) Resorts to Debt Settlement amid JPMorgan Downgrade

On November 20, the company priced a €500 million offering of 3.625% notes due in 2033. The pricing on the notes was part of the company’s push to strengthen its financial position as it tries to repay existing debt. The pricing on the offering follows a decline in full-year profit as the company scales back tractor production to avoid a supply glut amid sluggish demand.

The company expects its full-year adjusted profit to range between 44 cents and 50 cents, down from its previous guidance of 50 cents to 70 cents.

“Market fundamentals remain uncertain and challenging for our farmers and it is difficult to say if we will enter 2026 with more visibility or even more momentum,” CEO Gerrit Marx said on a post-earnings conference call.

Consequently, analysts at JPMorgan downgraded the stock to Underweight on November 28 due to weaker-than-expected guidance. The investment bank maintains a $10 price target on the stock.

CNH Industrial N.V. (NYSE:CNH) is a global leader in capital goods for agriculture and construction, designing, producing, and selling machinery like tractors (Case IH, New Holland Agriculture) and construction equipment, plus providing financial services (CNH Industrial Capital) to support these sectors, focusing on innovation for efficiency and sustainability.

While we acknowledge the potential of CNH 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 CNH and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.