The Andersons, Inc. (ANDE) Stock Price & How to Invest

The Andersons, Inc. is a diversified agribusiness founded in Ohio that operates across two main reporting segments. Its Agribusiness segment handles commodity merchandising, terminal grain elevator operations, and the manufacturing and distribution of plant nutrient and specialty agricultural products, while its Renewables segment produces, buys, and sells ethanol and co-products through owned and partly owned plants. The business is asset heavy and volume driven, earning thin margins on very large revenue as it moves grain and inputs through elevators, rail, and logistics networks across North America.

The investment picture is that of a cyclical commodity handler that is increasingly leveraged to renewable fuels. Revenue runs around $11 billion on a trailing basis but net income is a small fraction of that, so results hinge on merchandising spreads, harvest size, fertilizer demand, and ethanol economics. In recent quarters the Renewables segment has been a standout, helped by record production and biofuels policy benefits including 45Z clean fuel production credits, while Agribusiness has been steadier. Investors weigh a long dividend record and diversification against the inherent volatility of agricultural and energy commodity cycles.

The Andersons operates in highly cyclical agricultural and energy markets, so earnings can swing sharply with crop size, commodity prices, and merchandising spreads. Weather, trade policy, and export demand can materially change grain volumes and margins in a single season. Renewables profitability depends heavily on ethanol economics and on government biofuels credits such as 45Z, which are subject to political and regulatory change. The business is asset heavy and low margin, so net income is a thin slice of very large revenue and can be volatile quarter to quarter. Fertilizer price volatility and input costs add further uncertainty to the nutrient business.

3 analysts publish price targets on ANDE, averaging $88.33 against a $67.26 price as of September 2026, or +31.3%. The published targets run from $85.00 to $90.00, a narrow spread, and the ratings split 3 buy, 0 hold, 0 sell. Over the last six months there have been 2 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full ANDE forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on The Andersons, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Renewables and biofuels policy tailwind. The Renewables segment has become a key profit driver, posting record production and strong merchandising in early 2026. The most optimistic published target, $90.00, assumes this works close to its best case.

The case against. The Andersons operates in highly cyclical agricultural and energy markets, so earnings can swing sharply with crop size, commodity prices, and merchandising spreads. The most pessimistic target, $85.00, is roughly what ANDE is worth if this bites instead.

Read the full bull and bear case on ANDE, including what would have to change to break either one. Walnut is not an investment adviser.

No. The Andersons, Inc. (ANDE) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see The Andersons, Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$11.0B
• Market cap: ~$2.3B
• P/E ratio: ~23x
• Q1 2026 revenue: ~$2.63B
• Q1 2026 adjusted EPS: ~$1.12
• Dividend yield: ~1.1%

The Andersons reported record first quarter 2026 results, with revenue of about $2.63 billion (down roughly 1% year over year) and record net income of $33 million, or $0.97 per diluted share, and adjusted EPS of about $1.12. The company carries a mid-cap market value near $2.3 billion on trailing revenue of roughly $11 billion, reflecting the thin margins typical of a commodity merchandiser. The trailing P/E near 23x and a dividend yield around 1.1% price it as a diversified agribusiness with a renewables growth tilt.

Other names that sit close to ANDE: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get ANDE exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so ANDE sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where ANDE fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

ANDE is a commodity-cyclical agribusiness whose earnings swing with grain volumes, fertilizer margins, and biofuels credits, so the investment case rests on the durability of its trade franchise and the tailwind from renewable fuel policy.

Whether ANDE is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is ANDE a buy or a sell?, and where the stock could go from here in the ANDE stock forecast.

For income investors, whether ANDE pays a dividend and how the payout looks is covered in does ANDE pay a dividend? And to weigh ANDE against a peer, read the full side-by-side comparisons: ANDE vs ADM and ANDE vs NTR.