Valued at a market cap of $23.9 billion, Archer-Daniels-Midland Company (ADM) is a global leader in agricultural origination and processing. Operating through three main segments - Ag Services and Oilseeds; Carbohydrate Solutions; and Nutrition, ADM handles oilseeds, corn, wheat, cocoa, and other feedstocks to produce products ranging from soybean oil and ethanol to natural flavors, proteins, and specialty food and feed ingredients. 

Companies worth more than $10 billion are generally labeled as “large-cap” stocks and Archer-Daniels-Midland fits this criterion perfectly. With a vast international grain elevator and transportation network, ADM plays a critical role in connecting crops to markets across more than 170 countries.

Despite this, shares of the Chicago, Illinois-based company have declined 24.9% from its 52-week high of $66.08. ADM stock has increased 5.5% over the past three months, lagging behind the Nasdaq Composite’s ($NASX) 11.4% rise over the same time frame. 

In the longer term, ADM stock is down 1.7% on a YTD basis, underperforming NASX’s 1.8% gain. Moreover, shares of the agribusiness giant have declined 17.9% over the past 52 weeks, compared to NASX’s 11.7% return over the same time frame.

The stock has been trading mostly below its 200-day moving average since last year. 

Despite reporting weaker-than-expected Q1 2025 revenue of $20.2 billion and a 52% drop in operating profit from its Ag Services and Oilseeds segment, ADM shares rose 1.7% on May 6 due to better-than-expected adjusted EPS of $0.70. Investors were also reassured by ADM reaffirming its full-year adjusted EPS guidance of $4 to $4.75, even if at the lower end. Additionally, cost-cutting efforts, a 13% profit increase in the Nutrition segment, and improved ethanol results in Carbohydrate Solutions helped ease concerns amid ongoing trade tensions and financial challenges.

In comparison, rival Bunge Global SA (BG) has dipped 26.9% over the past 52 weeks, a steeper decline than ADM’s performance.

Due to the stock’s weak performance relative to the Nasdaq Composite, analysts remain cautious on Archer-Daniels-Midland. The stock has a consensus rating of “Hold” from 11 analysts in coverage, and as of writing, ADM is trading slightly above the mean price target of $48.50.