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Wells Fargo Sees Near-Term Pressure at Mosaic (MOS) but Steadier Outlook Ahead

The Mosaic Company (NYSE:MOS) is included among the Best Low Risk Stocks for a Retirement Stock Portfolio.

On January 23, Wells Fargo analyst Michael Sison lowered The Mosaic Company (NYSE:MOS)’s price target to $27 from $28 and kept an Equal Weight rating on the shares. The change followed a softer view on fourth-quarter volumes, with Brazil turning weaker and SSP production being curtailed. Pressure is still evident in the near term, though Wells Fargo believes the picture looks steadier heading into 2026 as phosphate supply tightens and demand in Brazil improves.

That caution showed up earlier in the month as well. Mosaic said in mid-January that fertilizer demand fell off sharply in the fourth quarter, squeezing sales and cash flow and pushing the stock down about 4%. Farmers simply used less fertilizer as budgets tightened, and an early winter cut the application season short. Phosphates were hit the hardest. Prices made them less appealing than potash, and shipments in North America dropped by roughly 20% from a year earlier, while potash demand held up comparatively better.

The slowdown showed up clearly in volumes. Mosaic said both phosphate and potash sales in Q4 missed earlier expectations. Brazil did little to offset the weakness. Tighter credit, tougher competition, and imports from China pressured demand and margins, leaving volumes below internal targets. For full-year 2025, Mosaic reported sales volumes of about 9 million tonnes, basically unchanged from the prior year and consistent with a soft overall market.

The Mosaic Company (NYSE:MOS) is a major producer and marketer of crop nutrients, with operations focused primarily on phosphate and potash products.

While we acknowledge the potential of MOS as an investment, 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 MOS and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 15 Best S&P 500 Dividend Stocks to Buy in 2026 and 12 Most Profitable Dividend Stocks to Buy in 2026

Disclosure: None.

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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 175 Teslas
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  • 140 Metas
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  • 65 Microsofts
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