Why Corteva Stock Is Rocketing Higher Today

Source The Motley Fool

Key Points

  • Corteva completed a spin-off of its advanced seed business earlier this month.

  • JPMorgan revisited its rating on Corteva stock.

  • Corteva reports third-quarter 2026 financial results in November.

  • 10 stocks we like better than Corteva ›

Starting the week on a positive note, Corteva (NYSE:CTVA) stock rose 4% yesterday, outperforming the S&P 500's 0.7% gain. And the market's appetite for agricultural stocks continues today, thanks to an analyst’s bullish outlook on Corteva.

As of 1:40 p.m. ET, Corteva shares are up 12.2%.

Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we’re only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »

Excited woman celebrates with raised fists while looking at a laptop in a home office.

One firm believes shares are sitting in the bargain bin

Upgrading it from neutral to overweight, JPMorgan assigned a $19 price target to Corteva stock today. Based on yesterday's closing price of $12.39, the $19 price target implies 53.3% upside.

According to Thefly.com, JPMorgan took the bullish stance on Corteva stock, believing that it's now undervalued following the Oct. 1 spinoff of the company's advanced seed and genetics business.

Building on several years of success in its crop protection business, Corteva believes it's well-positioned for future growth, now that it's no longer focused on the advanced seed and genetics business. From 2020 through 2025, for example, Corteva's crop protection business grew sales by over $1 billion while expanding segment-level operating earnings before interest, taxes, depreciation, and amortization (EBITDA) margins by about 250 basis points.

Is now the time to plant Corteva stock in your portfolio?

While JPMorgan believes that Corteva stock has ample room to run, prospective investors should take this outlook with a grain of salt, remembering that this is merely one firm's opinion -- not a guarantee that the stock will, in fact, soar. A better course of action at this point is to check in on what the company said in early November, when it reports third-quarter 2026 financial results, to see how things are proceeding following the spinoff of the advanced seed business. In the meantime, there are plenty of other agriculture stocks to consider.

Should you buy stock in Corteva right now?

Before you buy stock in Corteva, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Corteva wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $364,023!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,467,933!*

Now, it’s worth noting Stock Advisor’s total average return is 948% — a market-crushing outperformance compared to 214% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of October 6, 2026.

JPMorgan Chase is an advertising partner of Motley Fool Money. Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends JPMorgan Chase. The Motley Fool has a disclosure policy.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
AUD/USD Price Forecast: Struggles to return to 0.7000 amid firm US DollarThe Australian Dollar (AUD) gives back its early gains after rising to near 0.6975 and turns marginally lower at around 0.6964 against the US Dollar (USD) during the European trading session on Tuesday.
Author  FXStreet
14 hours ago
The Australian Dollar (AUD) gives back its early gains after rising to near 0.6975 and turns marginally lower at around 0.6964 against the US Dollar (USD) during the European trading session on Tuesday.
placeholder
Japanese Yen drifts lower as sustained USD buying offsets intervention fearsThe USD/JPY pair attracts some buyers following the previous day's two-day price moves, trading above the 158.00 mark during the early part of the European session on Tuesday.
Author  FXStreet
15 hours ago
The USD/JPY pair attracts some buyers following the previous day's two-day price moves, trading above the 158.00 mark during the early part of the European session on Tuesday.
placeholder
Gold holds steady below $4,150 amid elevated US yields Gold price (XAU/USD) trades on a flat note near $4,140 during the early Asian session on Tuesday. Pressure from a stronger US Dollar (USD) and elevated US Treasury yields was offset by reduced expectations of a Federal Reserve (Fed) rate hike this month.
Author  FXStreet
22 hours ago
Gold price (XAU/USD) trades on a flat note near $4,140 during the early Asian session on Tuesday. Pressure from a stronger US Dollar (USD) and elevated US Treasury yields was offset by reduced expectations of a Federal Reserve (Fed) rate hike this month.
placeholder
Silver/AUD (XAGAUD) Is up by 2.14% on Oct 5: Is the Demand Outlook Changing?Silver/AUD (XAGAUD) is up 2.14% at Oct 5 03:55(ET), now at $88.575, with a 7-day up of 2.59%.What is driving Silver/AUD (XAGAUD)’s stock price up today?The sharp upward movement in silver priced in Au
Author  TradingKey
Yesterday 08: 39
Silver/AUD (XAGAUD) is up 2.14% at Oct 5 03:55(ET), now at $88.575, with a 7-day up of 2.59%.What is driving Silver/AUD (XAGAUD)’s stock price up today?The sharp upward movement in silver priced in Au
placeholder
WTI Price Forecast: Hangs near four-week low, around $89.00 as bears seem noncommittalWest Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts sellers for the second straight day on Monday and sticks to its intraday losses around the $89.00 mark through the early European session.
Author  FXStreet
Yesterday 08: 13
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts sellers for the second straight day on Monday and sticks to its intraday losses around the $89.00 mark through the early European session.
goTop
quote