Private Offering Announcement: JBT Marel Corporation has priced a private offering of $500 million in convertible senior notes due 2030, with an option for initial purchasers to buy an additional $75 million. The offering is expected to close on September 9, 2025.
Use of Proceeds: The company plans to use the proceeds to cover costs related to convertible note hedge and warrant transactions, and to repay part of its revolving credit facility, while also preparing to refinance existing convertible senior notes due 2026.
JBTM
$152.74+Infinity%1D
Analyst Views on JBTM
Wall Street analysts forecast JBTM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for JBTM is 150.00 USD with a low forecast of 150.00 USD and a high forecast of 150.00 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.
3 Analyst Rating
Wall Street analysts forecast JBTM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for JBTM is 150.00 USD with a low forecast of 150.00 USD and a high forecast of 150.00 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.
1 Buy
1 Hold
1 Sell
Hold
Current: 155.140
Low
150.00
Averages
150.00
High
150.00
Current: 155.140
Low
150.00
Averages
150.00
High
150.00
William Blair
Ross Sparenblek
Market Perform -> Outperform
upgrade
2025-08-06
Reason
William Blair
Ross Sparenblek
Price Target
2025-08-06
upgrade
Market Perform -> Outperform
Reason
William Blair analyst Ross Sparenblek upgraded JBT Marel to Outperform from Market Perform. The firm sees a "compelling setup" post the company's Q2 report. The analyst believes JBT's setup is de-risked with its first two quarters progressing "better than feared."
About JBTM
JBT Marel Corporation provides global technology solutions to the food and beverage industry. The Company designs, produces and services sophisticated products and systems for multi-national and regional customers. Its businesses include FoodTech and Automated Systems. The FoodTech products and services categories include blow molders, brine preparations, choppers, cutters and emulsifiers, clipping and packing, can seamers and closers, breaders and coaters, contract manufacturing, evaporators and concentrators, and others. Its FoodTech products are marketed in various markets, such as baby food, bakeries and confectionaries, dairy & dairy alternatives, fish and seafood, sweet spreads, honey & syrups, and others. The Company’s Automated Systems serve various industries such as food and beverage, automotive, building materials, tissue, paper and packing, hospitals, pharma and life science, fast-moving consumer goods, manufacturing, warehousing, and others.
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.