CNH Industrial (NYSE:CNH) Shares Climb 10.5% Following Earnings Beat

Key Points

• CNH Industrial shares climbed about 10.5% after quarterly earnings topped expectations.
• Adjusted EPS was $0.16, beating the $0.10 consensus and doubling the $0.08 reported a year earlier.
• Revenue of $4.35 billion fell short of analysts’ $4.52 billion estimate and was down 1% year over year. Separately, CNH agreed to sell a 70% stake in its construction equipment business to Kobelco for $700 million and form a joint venture.

CNH Industrial N.V. (NYSE:CNH - Get Free Report)'s stock price rose 10.5% during trading on Monday after the company announced better than expected quarterly earnings. The stock traded as high as $12.45 and last traded at $12.7720. 2,531,956 shares traded hands during trading, a decline of 84% from the average daily volume of 15,455,263 shares. The stock had previously closed at $11.56.

The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.10 by $0.06. CNH Industrial had a net margin of 1.71% and a return on equity of 6.78%. The company had revenue of $4.35 billion for the quarter, compared to analyst estimates of $4.52 billion. During the same quarter last year, the business earned $0.08 earnings per share. CNH Industrial's revenue was down 1.0% compared to the same quarter last year.

More CNH Industrial News

Here are the key news stories impacting CNH Industrial this week:

• Positive Sentiment: Q3 adjusted EPS was $0.16, topping the $0.10 consensus estimate and doubling the $0.08 reported a year earlier. The earnings surprise is a potential near-term positive. CNH Industrial beats Q3 earnings estimates
• Neutral Sentiment: CNH agreed to sell a 70% interest in its construction equipment business to Kobelco for $700 million and form a joint venture. The deal brings in cash and a partner, but also leaves CNH with a smaller stake in the business; the articles provide no further detail on the expected financial impact. CNH announces Kobelco joint venture
• Negative Sentiment: Quarterly revenue was about $4.35 billion, below analysts’ $4.52 billion estimate, and consolidated revenue was approximately flat year over year. The revenue shortfall may offset some of the positive impact from the EPS beat. CNH Industrial reports third-quarter 2026 results

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Citigroup upped their price target on shares of CNH Industrial from $12.00 to $13.00 and gave the company a "buy" rating in a report on Tuesday, August 4th. BMO Capital Markets lifted their price objective on shares of CNH Industrial from $11.00 to $12.00 and gave the stock a "market perform" rating in a research note on Tuesday, August 4th. Robert W. Baird upgraded shares of CNH Industrial from a "neutral" rating to an "outperform" rating and set a $15.00 target price on the stock in a report on Monday, August 31st. DA Davidson reissued a "neutral" rating and set a $12.00 target price on shares of CNH Industrial in a research note on Wednesday, August 19th. Finally, Weiss Ratings raised shares of CNH Industrial from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, October 2nd. Seven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $13.39.

Institutional Investors Weigh In On CNH Industrial

Several hedge funds have recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of CNH Industrial in the third quarter valued at approximately $26,000. Reyes Financial Architecture Inc. acquired a new stake in shares of CNH Industrial in the third quarter worth $41,000. Provenance Wealth Advisors LLC acquired a new stake in shares of CNH Industrial in the third quarter worth $64,000. Covestor Ltd boosted its holdings in shares of CNH Industrial by 45.5% during the 3rd quarter. Covestor Ltd now owns 5,216 shares of the company's stock worth $67,000 after buying an additional 1,632 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of CNH Industrial by 33.4% during the 1st quarter. Parallel Advisors LLC now owns 6,325 shares of the company's stock worth $70,000 after buying an additional 1,585 shares during the period. 59.88% of the stock is owned by hedge funds and other institutional investors.

CNH Industrial Stock Up 10.4%

The business's 50 day moving average is $12.55 and its 200-day moving average is $11.35. The company has a debt-to-equity ratio of 3.33, a quick ratio of 10.16 and a current ratio of 12.23. The firm has a market capitalization of $15.80 billion, a price-to-earnings ratio of 51.06 and a beta of 1.23.

About CNH Industrial

CNH Industrial is a global manufacturer of agricultural and construction equipment. Its agricultural brands include Case IH, New Holland Agriculture and STEYR, which offer products such as tractors, combines, harvesters, sprayers and hay tools. Its construction equipment brands include CASE Construction Equipment and New Holland Construction, with machinery such as excavators, loaders and graders.

The company also provides parts, equipment support and precision technology designed to help customers manage machinery and improve productivity.

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