DA Davidson Lifts Valmont Target to $400, Cites Strong Execution and Long-Term Upside

Valmont Industries (NYSE:VMI) is one of the best agriculture technology stocks to buy now. On July 23, 2025, DA Davidson analyst Brent Thielman maintained a Neutral rating on the stock but raised the price target from $325 to $400, reflecting renewed confidence in Valmont’s long-term trajectory.

Thielman pointed to the company’s strong internal execution and a resilient earnings base that suggests solid upside over a three-to-four-year horizon. While cautious on the near-term due to softness in agricultural demand, the note acknowledged that recent earnings exceeded expectations—Valmont posted Q2 adjusted EPS of $4.88 versus the $4.71 consensus, and revenue hit $1.05 billion, beating forecasts.

The revised price target reflects the firm’s belief that Valmont’s strategic initiatives are gaining traction, particularly in infrastructure and irrigation technologies. However, Thielman emphasized that much of the near-term upside has already been priced in following the stock’s recent rebound.

Valmont Industries is a global leader in engineered products and services for infrastructure and agriculture. Known for its mechanized irrigation systems and smart farming technologies, the company operates in over a 100 markets, with about 83 facilities.

While we acknowledge the potential of VMI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.