After falling for 2 consecutive years, shares of Nutrien (TSX:NTR) staged a pointy restoration in 2025, ending the 12 months with robust 32% good points. And this rally appears to be persevering with thus far this 12 months, as NTR inventory has already risen 12.2% in January thus far to presently commerce at $95.02 per share with a market cap of practically $46 billion.
However are these good points actually sustainable, or has the market already priced in many of the excellent news? That’s the place many traders really feel caught proper now. On this article, I’ll discuss Nutrien inventory, what’s driving its latest power, how the enterprise is performing right now, and whether or not this rally makes the inventory a purchase, a maintain, or a promote heading into 2026.
A better have a look at Nutrien’s latest rebound
In case you don’t comprehend it already, as one of many world’s largest suppliers of crop inputs, Nutrien focuses on supplying potash, nitrogen, and phosphate merchandise to farmers throughout international markets. It additionally runs a big retail community that helps growers straight, giving it publicity throughout a number of components of the agricultural provide chain.
From a market perspective, NTR inventory has clearly regained a stage of stability it lacked over the prior two years. At this market worth, it additionally gives a 3.1% annualized dividend yield, which continues to attraction to income-focused traders in search of money returns moreover worth restoration.
What’s fueling this efficiency
A key driver in NTR inventory’s latest restoration has been bettering sentiment round agricultural demand and pricing circumstances. After a difficult interval marked by volatility in crop enter costs, the market has began to reply to indicators of extra balanced provide and demand. That shift has helped ease strain on the corporate’s margins and introduced a extra predictable outlook for its earnings.
One other issue supporting Nutrien inventory has been its disciplined value administration and a concentrate on operational effectivity. Notably, traders have seemingly rewarded the corporate for navigating a tricky cycle with out overextending its steadiness sheet. Collectively, these elementary components have helped flip sentiment constructive once more, which explains why the inventory has climbed steadily relatively than spiking on some short-term information.
Latest monetary developments and enterprise progress
Within the September 2025 quarter, Nutrien reported gross sales of about US$6 billion and internet earnings attributable to shareholders of roughly US$464 million. That marked a transparent enchancment from weaker intervals earlier within the cycle, whilst outcomes continued to replicate regular swings throughout fertilizer markets.
For the primary 9 months of the 12 months, the corporate’s internet earnings reached about US$1.7 billion, displaying secure efficiency in contrast with the prior 12 months. In the meantime, its money technology remained stable, supporting Nutrien’s dividend funds and ongoing funding throughout the enterprise.
How long-term initiatives form Nutrien’s 2026 outlook
Nutrien continues to spend money on optimizing manufacturing belongings and strengthening its retail platform, each of that are prone to help its long-term competitiveness. These efforts additionally concentrate on bettering its reliability, effectivity, and buyer attain over time relatively than chasing short-term quantity progress.
That mentioned, NTR inventory’s robust rebound means traders’ expectations are actually larger than they have been a 12 months in the past. Nevertheless, its future good points will proceed to depend upon actual execution and secure market circumstances relatively than easy a number of enlargement. That makes Nutrien look much less like a progress inventory and extra like a secure dividend-paying inventory with balanced upside potential in 2026.
