Lindsay (NYSE:LNN) Stock Drops 4%

Analysts Weigh In on What's Next for the Industrial Products Company

Mar. 16, 2026 at 6:35pm

Got story updates? Submit your updates here. ›

Shares of Lindsay Corporation (NYSE:LNN), a U.S. manufacturer of agricultural irrigation and infrastructure products, fell 4% on Monday, trading as low as $121.11. The stock closed at $120.33, with trading volume down 48% from the average. Analysts have a consensus "Hold" rating on the stock and a price target of $128.

Why it matters

Lindsay's stock price decline reflects broader market volatility and uncertainty around the company's performance. As a leading provider of irrigation systems and infrastructure products, Lindsay's financial results can provide insights into the agricultural and construction sectors.

The details

The drop in Lindsay's stock price on Monday came despite the company recently reporting better-than-expected quarterly earnings. In its most recent quarter, Lindsay reported earnings of $1.54 per share, topping analyst estimates of $1.46 per share. However, the company's revenue of $155.82 million fell short of the $166.81 million analysts had expected.

  • Lindsay's stock price closed at $120.33 on Monday, March 16, 2026.
  • The company reported its latest quarterly earnings on Thursday, January 8, 2026.

The players

Lindsay Corporation

A U.S. manufacturer of agricultural irrigation and infrastructure products, headquartered in Omaha, Nebraska.

Stifel Nicolaus

An investment bank that raised its target price for Lindsay's stock from $122 to $128 and maintained a "Hold" rating.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee (Instagram)

The takeaway

Lindsay's stock decline reflects broader market volatility, but the company's fundamentals remain solid. As a leading provider of irrigation and infrastructure products, Lindsay's performance can provide insights into the health of the agricultural and construction sectors.