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↓Deteriorating
- 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
Range Bound setup · Sector Rotation edge
Basic Materials · Agricultural Inputs
Wait for pullback to $30.89. Price sits above the model's entry target of $30.89; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; 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
Wait for pullback to $30.89. Price sits above the model's entry target of $30.89; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.4). Chart setup: RSI 43 mid-range, Bollinger mid-band. Earnings in 1 day. Wait until post-earnings. Score 5.3/10, 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 1d<=7d. Suitability: aggressive.
Recent developments
updated 2026-11-02Recent Developments — Intrepid Potash, Inc
Latest news
- NEWS Intrepid Potash Selected for $139M USDA Grant for SOP Project - TradingView — TradingView positive
- NEWS Intrepid Potash Selected for $139M USDA Grant for SOP Project - Yahoo Finance — Yahoo Finance positive
- NEWS Intrepid Potash (IPI) Reports Next Week: Wall Street Expects Earnings Growth - Yahoo Finance — Yahoo Finance neutral
- NEWS IPI Q3'26 Earnings: revenue estimate is 50.81M USD - TradingView — TradingView neutral
- NEWS Intrepid Potash selected for $139M in proposed USDA funding for New Mexico potash project (IPI:NYSE) - Seeking Alpha — Seeking Alpha positive
Generated 2026-11-02T11:58:13Z.
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
Wait for pullback to $30.89. Price sits above the model's entry target of $30.89; the risk/reward becomes favorable on a pullback. Key risks: Analyst target reached - limited upside remaining; V7 low-quality RISK_OFF penalty: -0.5 (Q=4.4). Chart setup: RSI 43 mid-range, Bollinger mid-band. Earnings in 1 day. Wait until post-earnings. Analyst target $31.02 reached (−1.8%), stop $29.45 (−7.2%), A.R:R -0.3:1. Score 5.3/10, moderate confidence.
Analyst target $31.02 reached (−1.8% from $31.58); no take-profit level is published. Analyst target $31.02 reached (−1.8%), stop $29.45 (−7.2%), A.R:R -0.3:1. Stop-loss: $29.45.
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 33.2 (forward 21.3). TrendMatrix value score: 7.8/10. Verdict: Buy (Wait for Entry).
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.