KeyBanc cuts target to USD 111.00 for CF Industries stock

Published on 10/20/2026 at 20:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CF Industries confirms November 4 results and a USD 0.60 dividend. CF Industries stock costs EUR 104.68 on October 20, 2026 after hours.

Analyst target and reporting date

KeyBanc lowered its CF Industries target from USD 115.00 to USD 111.00 on October 20, 2026.
CF Industries will publish third-quarter and nine-month 2026 results on November 4, 2026.
CF Industries stock was trading at EUR 104.68 at Lang & Schwarz on October 20, 2026 at 8:23 p.m. CEST.
Second-quarter 2026 revenue reached USD 2.22 billion, up 17.60 percent year over year.

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KeyBanc lowered its CF Industries target from USD 115.00 to USD 111.00 on October 20, 2026, as reported by Fidelity. The new target is 5.58 percent below the USD 117.56 primary-market price available for CF Industries on October 20, 2026. The stock was trading at EUR 104.68 at Lang & Schwarz on October 20, 2026 at 8:23 p.m. CEST.

The target moves below the market

KeyBanc's USD 111.00 target is the latest dated analyst view in the available coverage. The October 20, 2026 report also cited a mean target of USD 127.30 from analysts polled by FactSet, giving the market two materially different reference points for the fertilizer producer.

CF Industries' second-quarter 2026 earnings provide the counterweight. MarketBeat reported revenue of USD 2.22 billion, up 17.60 percent from the same quarter a year earlier, while earnings per share came in at USD 4.73 against a USD 5.63 consensus estimate. The revenue figure was below the USD 2.45 billion estimate.

What does the USD 111.00 target imply?

The target places emphasis on valuation rather than a new operating announcement. CF Industries had a market capitalization of USD 17.8 billion and a price-to-earnings ratio of 8.71 on October 20, 2026. Its 52-week range was USD 75.42 to USD 141.96, leaving the primary-market price 17.19 percent below the high.

November results set the next date

CF Industries said its board declared a quarterly dividend of USD 0.60 per share, payable November 30, 2026, to holders of record on November 16, 2026. The company also confirmed that third-quarter and nine-month 2026 results will be released after the market close on November 4, 2026, followed by a conference call on November 5, 2026, according to FT.com.

CF Industries stock in context

CF Industries operates in the basic materials sector and the agricultural inputs industry. Its NYSE listing uses the ticker CF, while the company produces nitrogen-based products for agricultural and industrial customers. The combination of a lower KeyBanc target, a recent earnings miss against consensus and the November reporting date gives investors three dated markers for assessing the next update.

Stock price and next catalyst

The next material company date is November 4, 2026, when CF Industries is scheduled to report third-quarter and nine-month results. The further course of trading is shown by the continuously updated real-time quote of CF Industries stock.