CF Industries (CF)

• Market cap: $13.5B
• 1 day: -0.72%
• 5 days: -3.05%
• 1 month: -1.03%
• 3 months: -16.68%
• 6 months: 9.4%
• Year to date: -2.62%
• 1 year: 2.56%
• 5 years: 145.75%
• 10 years: 60.64%
• Sector: Materials
• Industry: Agricultural Inputs

About: CF Industries is a leading producer and distributor of nitrogen, which is primarily used in fertilizers. The company operates nitrogen manufacturing plants primarily in North America. CF also produces nitrogen in the United Kingdom and holds a joint venture interest in a nitrogen production facility in Trinidad and Tobago. CF makes nitrogen primarily using low-cost US natural gas as its feedstock, making the company one of the lowest-cost nitrogen producers globally. It is also investing in carbon-free blue and green ammonia, which can be used as an alternative fuel to hydrogen or as a means to transport hydrogen.

Employees: 2,800

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

69% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 77

39% more call options, than puts

Call options by funds: $598M | Put options by funds: $430M

24% more repeat investments, than reductions

Existing positions increased: 318 | Existing positions reduced: 256

19% more capital invested

Capital invested by funds: $12.9B [Q1] → $15.3B (+$2.4B) [Q2]

6% more funds holding

Funds holding: 749 [Q1] → 792 (+43) [Q2]

0.61% less ownership

Funds ownership: 98.54% [Q1] → 97.92% (-0.61%) [Q2]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q1] → 6 (-2) [Q2]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $82
• Avg. target: $93
• High target: $101

7 analyst ratings

• positive: 2 29%
• neutral: 4 57%
• negative: 1 14%

B of A Securities Steve Byrne	$82	Underperform Downgraded	14 Aug 2025
Barclays Benjamin Theurer	$100	Overweight Upgraded	13 Aug 2025
Scotiabank Ben Isaacson	$82	Sector Perform Maintained	11 Aug 2025
Wells Fargo Richard Garchitorena	$101	Overweight Maintained	11 Aug 2025
UBS Joshua Spector	$101	Neutral Maintained	7 Aug 2025