Over the past six months, Lindsay Corp.'s stock price has been impacted by several events and broader market conditions, with the stock down 0.88% over the past 30 days and 18.65% over the past 12 months as of September 28, 2026. Weaker fiscal Q2 2026 results, reported on April 2, 2026, showed a 16% year-over-year revenue decline to $157.7 million, with operating income and diluted EPS also falling due to compressed margins, soft commodity prices, and constrained farmer sentiment impacting North America irrigation sales. Softer Q3 earnings, reported on July 2, 2026, saw total revenue down 5% to $160.8 million, with irrigation revenue falling 7% while infrastructure revenue grew 8% due to higher road safety product sales, leading to a 22% decline in operating income. Despite softer irrigation demand, the company's backlog increased to $136.1 million by May 31, 2026, supported by a large irrigation project in the Middle East and North Africa region. Senior Vice President and CFO Sam Hinrichsen resigned effective August 31, 2026, leading to the appointment of Alicia Pfeifer and Brett Coburn as interim co-Chief Financial Officers from September 1, 2026. Lindsay also announced a 3% dividend increase, raising it to $0.38 per share. In September 2026, the stock surged over 4.6% to $120.11, rebounding from a post-earnings slump, but a Seeking Alpha analysis reiterated a 'sell' stance due to deteriorating agricultural conditions, weak international irrigation demand, and stretched valuation, with the stock also declining due to broader industrials weakness. In early August 2026, Lindsay's stock climbed 4.01% to $117.73, driven by momentum in the agricultural equipment sector, potentially due to strengthening demand for agricultural technology amid water scarcity and firm crop prices.
