01:35 AM EST, 02/19/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target price for CNHI to $14 (up from $11), implying a 2026 P/E multiple of 35x, above its five-year average forward P/E of 12.1x, justified by expected margin recovery, in our view. We revise our 2026 EPS forecast to $0.40 from $0.80 and introduce a 2027 EPS forecast of $0.80. We believe CNHI continues to face a challenging market environment, as low agricultural commodity prices are pressuring farm profitability and delaying equipment replacement, weakening global demand. The company expects declining global agricultural equipment demand, with industry volumes projected to decrease by approximately 5% in 2026, reflecting the ongoing cyclical downturn. Despite this, we believe CNHI is progressing with its "Path to 2030" strategy, including investments in precision technologies and cost savings, achieving $230M in 2025 and targeting $550M by 2030. In our view, these efforts should help support margins and position the company for recovery when demand improves.