William Blair analyst Brian Drab has maintained their neutral stance on LNN stock, giving a Hold rating yesterday.
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Brian Drab has given his Hold rating due to a combination of factors affecting Lindsay’s performance. The company’s irrigation segment is facing challenges primarily in the North American market, where low commodity prices and weak crop receipts are creating headwinds. Although there has been strong international growth, particularly in the MENA region, South America, and Australia, uncertainties in Brazil and the completion of major projects in MENA are expected to pose challenges in fiscal 2026.
In addition, the infrastructure segment is anticipated to experience slower growth due to the absence of a large Road Zipper project, despite some smaller projects that may help mitigate this impact. While Lindsay has achieved record full-year results and maintains a robust pipeline of international projects, these are not expected to significantly boost earnings in the near term. Consequently, the stock is viewed as fairly valued, justifying the Hold rating.
In another report released yesterday, TR | OpenAI – 4o also downgraded the stock to a Hold with a $125.00 price target.
Based on the recent corporate insider activity of 28 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 LNN in relation to earlier this year.