Zacks downgrades Intrepid Potash stock to Hold at USD 29.00 target
Published on 10/17/2026 at 19:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget change and reporting date
- Zacks Research downgraded Intrepid Potash to Hold on October 9, 2026, citing a USD 29.00 average target.
- Intrepid Potash is expected to report third-quarter results on November 4, 2026.
- Intrepid Potash stock closed at USD 32.36 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, up 0.28 percent from the prior close.
- Intrepid Potash had a USD 435.5 million market capitalization and a 16.37 price-to-earnings ratio on October 16, 2026.
On October 9, 2026, Zacks Research downgraded Intrepid Potash from strong buy to hold and cited an average price target of USD 29.00, according to MarketBeat. The target lies 10.38 percent below the October 16, 2026 Nasdaq close of USD 32.36. Intrepid Potash stock closed at USD 32.36 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, up 0.28 percent from the prior close.
November results date
MetaCap lists November 4, 2026 as Intrepid Potash's next earnings date. The company is expected to report results for the three months ended September 30, 2026, giving investors a defined calendar point after the rating change.
Range and yearly performance
The October 16, 2026 trading range was USD 32.06 to USD 32.72, while volume reached 162,545 shares against an average of 195,593. The stock stood 35.73 percent below its 52-week high of USD 50.34 and 43.50 percent above its 52-week low of USD 22.55. Its year-to-date performance was plus 16.70 percent.
Valuation and market size
Intrepid Potash had a market capitalization of USD 435.5 million and a trailing price-to-earnings ratio of 16.37 on October 16, 2026. The average analyst target of USD 29.00 cited by MarketBeat remains below the latest Nasdaq close, while the November reporting date supplies the next scheduled event.
Comparison with peers
IPI (NYSE, USD): plus 0.28 percent, P/E 16.37, market capitalization USD 435.5 million
Nutrien (NYSE, USD): plus 2.41 percent, P/E 14.43, market capitalization USD 34.0 billion
The Mosaic Company (NYSE, USD): minus 0.69 percent, P/E 99.05, market capitalization USD 6.0 billion
Trading position
The latest closing level places Intrepid Potash below its 52-week high while retaining a 16.70 percent gain since the start of 2026. The 16.37 price-to-earnings ratio is above Nutrien's 14.43 but well below The Mosaic Company's 99.05.
Intrepid Potash market data
- Company: Intrepid Potash, Inc.
- ISIN: US46121Y2019
- Ticker: IPI
- Primary exchange: NYSE
- Price Nasdaq (as of October 16, 2026, 4:00 p.m. ET): USD 32.36
- Change versus the prior Nasdaq close: plus 0.28 percent
- Market capitalization: USD 435.5 million (as of October 16, 2026)
- 52-week range: USD 22.55-50.34 (as of October 16, 2026)
- Sector / Industry: Basic Materials / Agricultural Inputs
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
