Yuan Strengthening: China's onshore yuan reached its strongest level in over a year at 7.0510 per dollar, supported by official guidance and confidence in policy measures, despite weak economic data indicating challenges in reviving domestic demand.
Economic Data Highlights: November data revealed a slowdown in industrial output growth to 4.8% and a significant drop in retail sales to 1.3%, highlighting fragile consumer confidence and uneven recovery in the economy.
Investment and Consumption Concerns: Fixed-asset investment contracted by 2.6% from January to November, reflecting business caution, while passenger car sales fell 8.5%, indicating a decline in household spending and confidence.
Future Growth Challenges: Policymakers aim for a 5% growth target amid a prolonged property downturn affecting household wealth, with the World Bank and IMF warning of subdued medium-term growth prospects due to weak domestic demand and structural issues.
Wall Street analysts forecast CNH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNH is 12.23 USD with a low forecast of 9.50 USD and a high forecast of 16.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
Wall Street analysts forecast CNH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNH is 12.23 USD with a low forecast of 9.50 USD and a high forecast of 16.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
4 Hold
1 Sell
Moderate Buy
Current: 11.050
Low
9.50
Averages
12.23
High
16.00
Current: 11.050
Low
9.50
Averages
12.23
High
16.00
JPMorgan
Neutral -> Underweight
downgrade
$10
2025-11-26
Reason
JPMorgan
Price Target
$10
AI Analysis
2025-11-26
downgrade
Neutral -> Underweight
Reason
JPMorgan downgraded CNH Industrial to Underweight from Neutral with a price target of $10, down from $10.50.
JPMorgan
Neutral -> Underweight
downgrade
$10
2025-11-26
Reason
JPMorgan
Price Target
$10
2025-11-26
downgrade
Neutral -> Underweight
Reason
As previously reported, JPMorgan downgraded CNH Industrial (CNH) to Underweight from Neutral with a price target of $10, down from $10.50. The firm is updating its model based on the industry outlook for FY26 from Deere (DE) which had reported Q4 results, the analyst tells investors in a research note. JPMorgan adds that it sees downside for North America large ag equipment sales beyond 2025 as farm profitability compresses from peak levels.
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UBS
Buy
downgrade
$16 -> $15
2025-11-13
Reason
UBS
Price Target
$16 -> $15
2025-11-13
downgrade
Buy
Reason
UBS lowered the firm's price target on CNH Industrial to $15 from $16 and keeps a Buy rating on the shares.
DA Davidson
Neutral
downgrade
$13 -> $10
2025-11-11
Reason
DA Davidson
Price Target
$13 -> $10
2025-11-11
downgrade
Neutral
Reason
DA Davidson lowered the firm's price target on CNH Industrial to $10 from $13 and keeps a Neutral rating on the shares after its Q3 earnings miss. The company reduced near-term expectations, largely on tariff headwinds, while expressing cautious optimism that the Ag market inflection may take place in 2026, the analyst tells investors in a research note. CNH also sounded more concerned about Brazil than last quarter, the firm added.
About CNH
CNH Industrial N.V. is an equipment and services company. The Company is engaged in the design, production, marketing, sale, and financing of agricultural and construction equipment. It operates through three segments: Agriculture, Construction and Financial Services. Its Agriculture segment designs, manufactures, and distributes a full line of farm machinery and implements, including two-wheel and four-wheel drive tractors, crawler tractors, combines, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, material handling equipment, and others. Its Construction segment designs, manufactures, and distributes a full line of construction equipment, including excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, and compact track loaders. Its Financial Services segment offers retail note and lease financing to end-use customers for the purchase of new and used agricultural and construction equipment and components.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
