Baird cuts target to USD 171.00 for JBT Marel stock
Published on 10/15/2026 at 20:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and quarterly revenue
- Robert W. Baird cut its JBT Marel target from USD 188.00 to USD 171.00 on September 24, 2026.
- Second-quarter 2026 revenue reached USD 981.00 million against USD 944.46 million consensus.
- JBT Marel stock costs EUR 94.25 at Lang & Schwarz on October 15, 2026 at 8:47 p.m. CEST.
- JBT Marel is scheduled to report results on November 3, 2026.
Robert W. Baird cut its price target for JBT Marel from USD 188.00 to USD 171.00 on September 24, 2026, while maintaining an Outperform rating, according to MarketBeat. At Lang & Schwarz on October 15, 2026 at 8:47 p.m. CEST, JBT Marel stock was trading at EUR 94.25.
Revenue exceeded consensus
JBT Marel reported USD 981.00 million of revenue for the second quarter of 2026, above the USD 944.46 million consensus cited by MarketBeat. Adjusted earnings were USD 1.95 per share, below the USD 2.02 consensus. The figures relate to the quarter ended June 30, 2026.
Stock position and valuation
The company website identifies JBT Marel as a food and beverage technology provider operating in more than 30 countries. Its second-quarter orders exceeded USD 1.00 billion for the third consecutive quarter, and backlog reached USD 1.54 billion, according to the JBT Marel investor-relations page.
The US quote was USD 106.14 at 6:56 p.m. ET on October 15, 2026. The same quote showed a market capitalization of USD 5.5 billion, a price-to-earnings ratio of 28.73 and a 52-week range of USD 103.26 to USD 170.19.
Next reporting date
The next earnings date listed for JBT Marel is November 3, 2026. The company has reported quarterly revenue of USD 981.00 million for the second quarter and full-year 2025 revenue of USD 3.8 billion, with the latter presented as historical context.
Current trading picture
The October 15, 2026 quote places the euro quotation between the reported US 52-week limits after currency differences are considered. The analyst target cut and the second-quarter revenue comparison provide the main reference points for the stock's current valuation discussion.
JBT Marel Corporation is listed on the NYSE and Nasdaq Iceland under JBTM. It operates through food-processing technology, equipment, software and services, with solutions spanning poultry, meat, seafood, prepared foods, fruit and vegetables, dairy and pet food.
The further course of trading is shown by the continuously updated real-time quote of JBT Marel stock.
JBT Marel market data
- Company: JBT Marel Corporation
- ISIN: US4778391049
- Ticker: JBTM
- Primary exchange: NYSE and Nasdaq Iceland
- Price Lang & Schwarz (as of October 15, 2026, 8:47 p.m. CEST): EUR 94.25
- Market capitalization: USD 5.5 billion (as of October 15, 2026)
- 52-week range: USD 103.26-170.19 (as of October 15, 2026)
- Sector / Industry: Industrials / Specialty Industrial Machinery
- Next earnings date: November 3, 2026
Market context: Market report S&P 500.
