Citigroup Has Lowered Expectations for FMC (NYSE:FMC) Stock Price

FMC (NYSE:FMC) had its price objective cut by stock analysts at Citigroup from $14.00 to $12.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the basic materials company’s stock. Citigroup’s target price suggests a potential upside of 12.14% from the company’s current price.

A number of other brokerages have also weighed in on FMC. Zacks Research lowered FMC from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 1st. Barclays lowered their price objective on shares of FMC from $13.00 to $11.00 and set an “underweight” rating for the company in a research note on Monday. Royal Bank Of Canada cut their target price on shares of FMC from $14.00 to $12.00 and set a “sector perform” rating on the stock in a research report on Tuesday, July 21st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $18.00 price target on shares of FMC in a research report on Friday. Finally, BMO Capital Markets set a $14.00 price objective on shares of FMC in a report on Friday, July 3rd. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, FMC currently has a consensus rating of “Reduce” and an average target price of $14.33.

FMC Trading Down 9.5%

FMC stock traded down $1.13 during trading on Friday, hitting $10.70. The company had a trading volume of 5,329,741 shares, compared to its average volume of 3,961,522. FMC has a 52-week low of $9.94 and a 52-week high of $42.77. The company has a 50 day simple moving average of $11.65 and a 200-day simple moving average of $13.93. The firm has a market capitalization of $1.34 billion, a P/E ratio of -0.49 and a beta of 0.38. The company has a quick ratio of 0.96, a current ratio of 1.29 and a debt-to-equity ratio of 1.50.

FMC (NYSE:FMC) last released its quarterly earnings data on Wednesday, July 29th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. The company had revenue of $841.40 million during the quarter, compared to analysts’ expectations of $895.14 million. FMC had a negative net margin of 84.83% and a positive return on equity of 10.34%. The firm’s quarterly revenue was down 17.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.69 EPS. As a group, research analysts forecast that FMC will post 1.61 earnings per share for the current fiscal year.

Hedge Funds Weigh In On FMC

A number of large investors have recently made changes to their positions in FMC. Root Financial Partners LLC lifted its holdings in shares of FMC by 3,642.9% during the 1st quarter. Root Financial Partners LLC now owns 1,834 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 1,785 shares during the last quarter. Essential Partners LLC purchased a new position in FMC during the 1st quarter worth $43,000. Parallel Advisors LLC grew its stake in FMC by 297.2% during the 1st quarter. Parallel Advisors LLC now owns 6,264 shares of the basic materials company’s stock worth $108,000 after buying an additional 4,687 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in FMC by 3,714.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 9,041 shares of the basic materials company’s stock valued at $156,000 after buying an additional 8,804 shares in the last quarter. Finally, Armistice Capital LLC acquired a new position in FMC during the 3rd quarter valued at about $204,000. 91.86% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about FMC

Here are the key news stories impacting FMC this week:

• Positive Sentiment: FMC reported second-quarter adjusted EPS of $0.26, above the $0.21 consensus estimate. Adjusted EBITDA of $153 million exceeded the high end of management’s guidance, while operating cash flow rose to $363 million. FMC Q2 Earnings Beat Estimates on Favorable Costs, Revenues Miss
• Positive Sentiment: Management expects actions including the India business sale, a rimisoxafen licensing agreement, a Newark property sale-leaseback and a Tessenderlo Group investment to generate approximately $1 billion for debt repayment. The company also raised its free-cash-flow target to $75 million-$225 million, including a $200 million licensing payment. FMC Corporation Reports Second Quarter 2026 Results
• Neutral Sentiment: JPMorgan lowered its FMC price target from $16 to $12 and changed its rating to Neutral. The revised target still implies potential upside from the recent share price, but signals limited conviction in a near-term recovery. Benzinga Analyst Update
• Negative Sentiment: Second-quarter revenue fell 17% year over year to $867 million, while adjusted EPS declined 62% from $0.69 a year earlier. FMC cited weaker pricing, volumes and a difficult macroeconomic environment; it also posted a $187 million GAAP net loss. FMC Q2 Revenue Falls 17 Percent
• Negative Sentiment: Full-year 2026 guidance was cut to revenue of $3.5 billion-$3.7 billion, adjusted EBITDA of $620 million-$680 million and adjusted EPS of $1.19-$1.49, well below the $1.68 analyst EPS consensus. Third-quarter EPS guidance of $0.05-$0.13 is also substantially below expectations. FMC Forecasts 2026 Adjusted EPS

FMC Company Profile

FMC Corporation is a global agricultural sciences company specializing in the development, manufacture and marketing of crop protection products. Its portfolio includes herbicides, insecticides, fungicides and plant nutrition solutions designed to enhance crop yield, quality and sustainability. In addition to core crop protection, FMC delivers solutions for turf management and pest control in urban and industrial environments.

Founded in 1883 as the Bean Spray Pump Company and later known as Food Machinery Corporation, the business adopted the FMC name in 1948 and has since evolved through strategic acquisitions and divestitures.