Scotiabank Has Bearish Outlook for Nutrien FY2026 Earnings

Key Points

• Scotiabank lowered Nutrien’s FY2026 EPS forecast to $6.51 from $6.87, though it maintained a “Sector Outperform” rating and an $80 price target.
• Analyst sentiment remains broadly positive but mixed, with MarketBeat reporting a “Moderate Buy” consensus rating and an average price target of C$74.33.
• Nutrien shares were trading down 1.8% at C$95.86, while the company’s latest quarter showed C$3.71 in EPS and C$15.36 billion in revenue.

Nutrien Ltd. (TSE:NTR - Free Report) - Investment analysts at Scotiabank lowered their FY2026 earnings per share estimates for Nutrien in a research report issued to clients and investors on Thursday, October 22nd. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of $6.51 per share for the year, down from their previous forecast of $6.87. Scotiabank currently has a "Sector Outperform" rating and a $80.00 price objective on the stock. The consensus estimate for Nutrien's current full-year earnings is $5.34 per share.

Other equities analysts have also issued research reports about the stock. Jefferies Financial Group lowered shares of Nutrien from a "buy" rating to a "hold" rating and cut their target price for the stock from C$96.00 to C$63.00 in a research report on Thursday, July 16th. National Bank Financial lowered shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. KeyCorp upgraded shares of Nutrien to a "hold" rating in a research note on Thursday, September 10th. Finally, BNP Paribas Exane upgraded shares of Nutrien from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 28th. Three analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$74.33.

Nutrien Trading Down 1.8%

Shares of NTR opened at C$95.86 on Tuesday. Nutrien has a fifty-two week low of C$74.77 and a fifty-two week high of C$116.95. The business has a 50-day moving average of C$102.58 and a 200 day moving average of C$98.21. The firm has a market cap of C$45.75 billion, a P/E ratio of 19.40, a price-to-earnings-growth ratio of 1.15 and a beta of 0.69. The company has a debt-to-equity ratio of 49.14, a quick ratio of 0.65 and a current ratio of 1.39.

Nutrien (TSE:NTR - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported C$3.71 EPS for the quarter. The firm had revenue of C$15.36 billion for the quarter. Nutrien had a return on equity of 9.27% and a net margin of 8.44%.

Nutrien Company Profile

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.

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