Intrepid Potash is a cheaply valued fertilizer and minerals producer with excellent cash conversion and a 3-of-4 earnings beat streak, but declining revenue, weak momentum and a price 0.7% above the analyst target limit the setup.
Thesis pillars
- Cheap Valuation Strong Cash→Stable
- Earnings Beat Streak↑Improving
- Declining Revenue No Moat→Stable
- +2 more pillars — see the Why tab for full reasoning
Pillars as of Oct 24, 2026, based on the 10-K filed Mar 5, 2026
Intrepid Potash, Inc (IPI) Stock Analysis
Sector Rotation edge
Basic Materials · Agricultural Inputs
Sell if holding. Analyst target reached at $31.61 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.4).
Intrepid Potash, Inc. delivers potassium, magnesium, sulfur, salt, and water products. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as in agricultural market as a fertilizer input, in... Read more
Sell if holding. Analyst target reached at $31.61 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.4). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.4/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 5d<=7d. Suitability: aggressive.
Recent developments
updated 2026-10-29Recent Developments — Intrepid Potash, Inc
Latest news
- NEWS U.S. Department Of Agriculture Selects Intrepid Potash's Sulfate Of Potash Project For ~$139M In Proposed Matching Finan — benzinga Oct 26, 2026 positive
- NEWS Intrepid Potash Selected for USDA Fertilizer Investment & Expansion Program — fiscal.ai Oct 23, 2026 positive
- NEWS Trump Administration Announces Major Investment In American Fertilizer Manufacturing To Strengthen National Security And — benzinga Oct 22, 2026 positive
- NEWS Intrepid Announces Date for Third Quarter 2026 Earnings Release — fiscal.ai Oct 20, 2026 neutral
- NEWS Reported October 4, 'US to receive potash shipment from Belarus as relations thaw' - FT — benzinga Oct 5, 2026 neutral
Generated 2026-10-29T11:08:51Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
1 floor-breaker
Revenue shrinking — -1.5% YoY. Growth thesis broken unless recovery story develops.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $31.61 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: V7 low-quality RISK_OFF penalty: -0.5 (Q=4.4). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $29.55. Score 5.4/10, moderate confidence.
Analyst target $31.02 reached (−1.9% from $31.61); no take-profit level is published. Prior stop was $29.55. Stop-loss: $29.55.
Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.4); Sector modifier (Basic Materials): -0.1.
Intrepid Potash, Inc trades at a P/E of 33.3 (forward 22.9). TrendMatrix value score: 7.7/10. Verdict: Sell.
10 analysts cover IPI with a consensus score of 2.3/5. Average price target: $37.
What does Intrepid Potash, Inc do?Intrepid Potash, Inc. delivers potassium, magnesium, sulfur, salt, and water products. It operates through three...
Intrepid Potash, Inc. delivers potassium, magnesium, sulfur, salt, and water products. It operates through three segments: Potash, Trio, and Oilfield Solutions. The company offers muriate of potash for various markets, such as in agricultural market as a fertilizer input, in animal feed market as a nutrient supplement, in industrial market as a component in drilling and fracturing fluids, as well as input to other industrial processes. It also provides Trio, a specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle; salt for various markets, including animal feed, industrial applications, pool salt, and the treatment of roads and walkways for ice melting or to manage road conditions; magnesium chloride for use as a road treatment agent for deicing and dedusting; brines for use in oil and gas industry to support well workover and completion activities; and metal recovery salts. The company was founded in 2000 and is based in Denver, Colorado.