Archer-Daniels-Midland stock gained 1.17 percent after JV news
Published on 10/04/2026 at 23:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Archer-Daniels-Midland stock (ISIN US0394831020) gained 1.17 percent to USD 80.45 on the NYSE on October 2, 2026, as the agricultural processor moved into a new amino acid joint venture. The proposed transaction combines ADM's U.S. manufacturing footprint with CJ CheilJedang's fermentation technology and gives the new company exclusive rights to sell feed-grade amino acids across the Americas.
ADM adds a feed ingredient venture
According to ADM on October 2, 2026, the venture will combine CJ facilities in Fort Dodge, Iowa, and Piracicaba, Brazil, with ADM's feed-grade amino acid plant in Decatur, Illinois. CJ will be the majority owner, while ADM contributes its Decatur amino acid assets and feedstock supply capabilities.
The agreement is aimed at improving supply reliability for livestock customers, especially in lysine, while supporting production in North America. The launch remains subject to customary closing steps and regulatory approvals, so the announcement creates a strategic platform rather than an immediate earnings contribution.
Quarterly figures reset the baseline
ADM's second-quarter 2026 results provide the financial baseline for the venture. MarketBeat reported quarterly adjusted EPS of USD 1.84 against consensus of USD 1.49, while revenue reached USD 22.68 billion, up 7.2 percent from the prior-year quarter. ADM's fiscal 2026 adjusted EPS guidance stands at USD 5.15-5.60.
The comparison matters because the earnings improvement was not matched by a revenue beat: the same report listed revenue expectations of USD 22.75 billion. ADM therefore enters the amino acid venture with stronger quarterly profitability, while sales growth and the integration of new assets remain key measures for the next report.
Analysts keep the target near price
MarketBeat listed a consensus Hold rating from eight research firms on September 30, 2026, with five Holds, one Sell, one Buy and one Strong Buy. The average 12-month target was USD 79.67, below the October 2 closing price of USD 80.45, showing that the joint venture announcement has yet to produce a higher published consensus valuation.
ADM stock stays below its yearly high
ADM stock closed at USD 80.45 on October 2, 2026, with a session range of USD 78.44 to USD 80.86. The 52-week range is USD 55.58 to USD 88.75, while market capitalization stands at USD 38.8 billion and trading volume reached 3,414,148 shares.
Archer-Daniels-Midland stock facts
- Company: Archer-Daniels-Midland Company
- ISIN: US0394831020
- Ticker: ADM
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 80.45 closing price
- Market capitalization: USD 38.8 billion (as of October 2, 2026)
- 52-week range: USD 55.58-88.75 (as of October 2, 2026)
- Sector / Industry: Consumer Staples / Farm Products
