Financial GuidanceCorteva's earnings guidance for 2024 is ambitious, with the company needing to achieve a significant EBITDA in the second quarter which it has never done before.
Market DemandCrop chemical prices are moving lower and customers are delaying purchases, potentially leading to a slow start for Corteva.
Stock ValuationCorteva's share price is already close to the targeted price, leaving limited upside potential based on current EBITDA expectations.