Morgan Stanley analyst Vincent Andrews has maintained their bearish stance on IPI stock, giving a Sell rating on August 7.
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Vincent Andrews has given his Sell rating due to a combination of factors impacting Intrepid Potash’s financial outlook. The company’s earnings per share (EPS) estimates have been adjusted, with a notable decrease in projections for 2026 and 2027, indicating potential challenges in maintaining profitability. Additionally, while the gross profit estimates for 2025 and 2026 have been revised upwards, they still fall short of consensus expectations, suggesting that the company may struggle to meet market performance standards.
Furthermore, the updated guidance for potash production in 2026 shows a reduction in expected output, which could lead to higher costs per ton due to less efficient absorption of fixed costs. Although the second quarter results for 2025 exceeded expectations, the overall forecast remains cautious. These factors combined suggest a challenging environment for Intrepid Potash, prompting the Sell rating from Vincent Andrews.
In another report released on August 7, UBS also maintained a Sell rating on the stock with a $23.00 price target.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IPI in relation to earlier this year.