Mosaic’s Stock Plummets 4% After Oppenheimer Downgrades on Weak Earnings
Shares in The Mosaic Company fell sharply after an analyst downgraded the stock. Kristen Owen of Oppenheimer lowered her recommendation from 'outperform' to 'perform', citing weak preliminary earnings. The move triggered a 4% drop in the company’s share price.
The downgrade came on February 18, 2025, shortly after Mosaic released its preliminary fourth-quarter results. Owen described the figures as underwhelming and removed her previous $35 price target. While she acknowledged improvements in operating rates, she saw no strong signs of broader recovery in the stock market.
Demand issues extend beyond the U.S., with key clients in Brazil also showing weakness. Owen’s revised stance reflects concerns over the company’s near-term outlook, despite some operational progress in the gold price sector.
Mosaic’s stock now carries a neutral rating from Oppenheimer. The absence of a clear catalyst for growth has left investors cautious. The company’s next steps will be closely watched as it navigates ongoing finance market challenges.