Stifel Reiterates Buy Rating on Valmont Industries (VMI)

Stifel analyst Nathan Jones reiterated a Buy rating and $400.00 price target on Valmont Industries (NYSE: VMI).

The analyst commented, "We recently completed a survey of 50 Valley irrigation dealers. Dealer network sentiment weakened compared to our prior quarterly survey with dealers now expecting next twelve month volume down 2.5% y/y vs. down 1.6% in our prior quarterly survey. Dealers reported 3Q25 domestic volume weaker vs. prior expectations at -4.2% y/y vs. -2.0% y/y when surveyed 3 months ago. Next three month volume expectations are -2.7% y/y. Price was reported +120bps y/ y vs. +250bps y/y in our prior quarterly survey. The primary factor impacting dealers' demand outlook continues to be low crop prices (80% of dealers vs. 64% prior), followed by interest rates and inflation."

For an analyst ratings summary and ratings history on Valmont Industries click here. For more ratings news on Valmont Industries click here.

Shares of Valmont Industries closed at $409.95 yesterday.

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