Adecoagro (AGRO) Stock Forecast, Price Target & Predictions
AGRO Stock Forecast
Adecoagro stock forecast is as follows: an average price target of $11.50 (represents a -0.61% downside from AGRO’s last price of $11.57) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
AGRO Price Target
The average price target for Adecoagro (AGRO) is $11.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $10.00. This represents a potential -0.61% downside from AGRO's last price of $11.57.
AGRO Analyst Ratings
According to 4 Wall Street analysts, Adecoagro's rating consensus is 'Buy'. The analyst rating breakdown for AGRO stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Adecoagro Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 15, 2023 | Christian Audi | Banco Santander | $13.00 | $8.11 | 60.30% | 12.36% |
| Dec 14, 2022 | - | Morgan Stanley | $10.00 | $7.62 | 31.23% | -13.57% |
The latest Adecoagro stock forecast, released on Feb 15, 2023 by Christian Audi from Banco Santander, set a price target of $13.00, which represents a 60.30% increase from the stock price at the time of the forecast ($8.11), and a 12.36% increase from AGRO last price ($11.57).
Adecoagro Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $11.57 | $11.57 | $11.57 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Adecoagro stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Adecoagro's last price of $11.57. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 04, 2023 | Bank of America Securities | Neutral | Buy | Upgrade |
| Sep 05, 2023 | Bank of America Securities | - | Neutral | Upgrade |
| Aug 14, 2023 | Morgan Stanley | Underweight | Overweight | Upgrade |
| Feb 15, 2023 | Santander | - | Outperform | Upgrade |
| Feb 07, 2023 | Morgan Stanley | Equal-Weight | Underweight | Downgrade |
| Dec 14, 2022 | CLSA | - | Outperform | Initialise |
| Dec 14, 2022 | Morgan Stanley | - | Equal-Weight | Downgrade |
Adecoagro's last stock rating was published by Bank of America Securities on Dec 04, 2023. The company Upgrade its AGRO rating from "Neutral" to "Buy".
Adecoagro Financial Forecast
Adecoagro Revenue Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 | Sep 17 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | Sep 15 | Jun 15 | Mar 15 | Sep 14 | Jun 14 | Mar 14 | Sep 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $246.26M | $371.62M | $181.85M | $156.13M | $279.23M | $220.31M | $227.79M | $159.81M | $178.74M | $215.92M | $155.57M | $262.99M | $228.53M | $166.09M | $246.44M | $169.22M | $121.48M | $170.50M | $170.93M | $114.22M | $202.77M | $204.03M | $99.13M | $176.49M |
| Avg Forecast | $405.88M | $379.00M | $245.00M | $262.00M | $385.79M | $332.00M | $223.00M | $305.50M | $249.69M | $155.97M | $278.90M | $259.29M | $251.90M | $149.71M | $196.46M | $971.64M | $207.42M | $520.72M | $534.76M | $256.25M | $332.70M | $1.98B | $206.52M | $263.06M | $384.58M | $88.84M | $2.01B | $348.89M | $109.04M | $145.60M |
| High Forecast | $405.88M | $379.00M | $245.00M | $303.40M | $385.79M | $332.00M | $223.00M | $305.50M | $249.69M | $155.97M | $278.90M | $259.29M | $251.90M | $149.71M | $235.75M | $1.17B | $248.91M | $624.86M | $641.71M | $307.51M | $399.24M | $2.38B | $247.83M | $315.67M | $461.50M | $106.60M | $2.41B | $418.67M | $130.85M | $174.72M |
| Low Forecast | $405.88M | $379.00M | $245.00M | $229.41M | $385.79M | $332.00M | $223.00M | $305.50M | $249.69M | $155.97M | $278.90M | $259.29M | $251.90M | $149.71M | $157.17M | $777.31M | $165.94M | $416.57M | $427.81M | $205.00M | $266.16M | $1.58B | $165.22M | $210.45M | $307.67M | $71.07M | $1.61B | $279.11M | $87.23M | $116.48M |
| # Analysts | - | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 8 | 9 | 14 | 8 | 13 | 15 | 11 | 12 | 20 | 15 | 9 | 19 | 10 | 10 | 20 |
| Surprise % | - | - | - | - | - | - | 1.10% | 1.22% | 0.73% | 1.00% | 1.00% | 0.85% | 0.90% | 1.07% | 0.91% | 0.22% | 0.75% | 0.51% | 0.43% | 0.65% | 0.74% | 0.09% | 0.59% | 0.65% | 0.44% | 1.29% | 0.10% | 0.58% | 0.91% | 1.21% |
Adecoagro's average Quarter revenue forecast for Jun 23 based on 2 analysts is $332.00M, with a low forecast of $332.00M, and a high forecast of $332.00M. AGRO's average Quarter revenue forecast represents a 34.82% increase compared to the company's last Quarter revenue of $246.26M (Mar 23).
Adecoagro EBITDA Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 | Sep 17 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | Sep 15 | Jun 15 | Mar 15 | Sep 14 | Jun 14 | Mar 14 | Sep 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 8 | 9 | 14 | 8 | 13 | 15 | 11 | 12 | 20 | 15 | 9 | 19 | 10 | 10 | 20 |
| EBITDA | - | - | - | - | - | - | $96.73M | $112.94M | $94.78M | $-25.95M | $95.70M | $127.17M | $122.97M | $51.72M | $130.26M | $138.62M | $48.73M | $78.75M | $70.19M | $39.70M | $91.52M | $51.85M | $27.82M | $38.56M | $47.93M | $35.39M | $64.80M | $49.43M | $27.87M | $33.21M |
| Avg Forecast | $172.82M | $161.38M | $104.32M | $111.56M | $169.45M | $141.37M | $94.95M | $130.08M | $109.67M | $68.50M | $122.50M | $-2.08B | $148.81M | $-4.07M | $-13.27M | $623.76M | $64.98M | $155.89M | $164.20M | $61.34M | $123.60M | $607.05M | $47.22M | $75.45M | $135.08M | $28.63M | $641.03M | $84.56M | $30.67M | $18.25M |
| High Forecast | $172.82M | $161.38M | $104.32M | $129.19M | $169.45M | $141.37M | $94.95M | $130.08M | $109.67M | $68.50M | $122.50M | $-1.67B | $178.57M | $-3.26M | $-10.62M | $748.51M | $77.98M | $187.07M | $197.04M | $73.60M | $148.32M | $728.47M | $56.67M | $90.55M | $162.10M | $34.36M | $769.24M | $101.48M | $36.80M | $21.90M |
| Low Forecast | $172.82M | $161.38M | $104.32M | $97.69M | $169.45M | $141.37M | $94.95M | $130.08M | $109.67M | $68.50M | $122.50M | $-2.50B | $119.05M | $-4.88M | $-15.93M | $499.01M | $51.98M | $124.71M | $131.36M | $49.07M | $98.88M | $485.64M | $37.78M | $60.36M | $108.07M | $22.91M | $512.83M | $67.65M | $24.53M | $14.60M |
| Surprise % | - | - | - | - | - | - | 1.02% | 0.87% | 0.86% | -0.38% | 0.78% | -0.06% | 0.83% | -12.71% | -9.81% | 0.22% | 0.75% | 0.51% | 0.43% | 0.65% | 0.74% | 0.09% | 0.59% | 0.51% | 0.35% | 1.24% | 0.10% | 0.58% | 0.91% | 1.82% |
2 analysts predict AGRO's average Quarter EBITDA for Jun 23 to be $141.37M, with a high of $141.37M and a low of $141.37M. This is 46.15% upper than Adecoagro's previous annual EBITDA (Mar 23) of $96.73M.
Adecoagro Net Income Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 | Sep 17 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | Sep 15 | Jun 15 | Mar 15 | Sep 14 | Jun 14 | Mar 14 | Sep 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 8 | 9 | 14 | 8 | 13 | 15 | 11 | 12 | 20 | 15 | 9 | 19 | 10 | 10 | 20 |
| Net Income | - | - | - | - | - | - | $21.57M | $2.73M | $-12.06M | $-54.44M | $9.63M | $-30.31M | $22.99M | $-2.23M | $3.50M | $-31.01M | $6.90M | $-2.96M | $3.70M | $4.99M | $6.59M | $-17.75M | $2.75M | $2.42M | $1.45M | $12.83M | $11.36M | $1.48M | $2.59M | $-6.10M |
| Avg Forecast | $157.94M | $137.56M | $161.53M | $213.98M | $149.46M | $122.16M | $146.41M | $20.49M | $20.46M | $18.30M | $26.92M | $-762.17M | $38.80M | $-2.87M | $4.83M | $-140.54M | $9.20M | $-5.96M | $8.67M | $7.70M | $8.90M | $-210.42M | $2.72M | $3.73M | $3.25M | $9.98M | $112.41M | $2.53M | $2.85M | $-3.35M |
| High Forecast | $157.94M | $137.56M | $161.53M | $213.98M | $149.46M | $122.16M | $146.41M | $20.49M | $20.46M | $18.30M | $26.92M | $-609.74M | $46.56M | $-2.29M | $5.80M | $-112.43M | $11.04M | $-4.77M | $10.40M | $9.24M | $10.68M | $-168.34M | $3.26M | $4.47M | $3.90M | $11.97M | $134.90M | $3.03M | $3.42M | $-2.68M |
| Low Forecast | $157.94M | $137.56M | $161.53M | $213.98M | $149.46M | $122.16M | $146.41M | $20.49M | $20.46M | $18.30M | $26.92M | $-914.61M | $31.04M | $-3.44M | $3.87M | $-168.65M | $7.36M | $-7.15M | $6.93M | $6.16M | $7.12M | $-252.51M | $2.18M | $2.98M | $2.60M | $7.98M | $89.93M | $2.02M | $2.28M | $-4.03M |
| Surprise % | - | - | - | - | - | - | 0.15% | 0.13% | -0.59% | -2.97% | 0.36% | 0.04% | 0.59% | 0.78% | 0.72% | 0.22% | 0.75% | 0.50% | 0.43% | 0.65% | 0.74% | 0.08% | 1.01% | 0.65% | 0.44% | 1.29% | 0.10% | 0.58% | 0.91% | 1.82% |
Adecoagro's average Quarter net income forecast for Jun 23 is $122.16M, with a range of $122.16M to $122.16M. AGRO's average Quarter net income forecast represents a 466.39% increase compared to the company's last Quarter net income of $21.57M (Mar 23).
Adecoagro SG&A Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 | Sep 17 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | Sep 15 | Jun 15 | Mar 15 | Sep 14 | Jun 14 | Mar 14 | Sep 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 8 | 9 | 14 | 8 | 13 | 15 | 11 | 12 | 20 | 15 | 9 | 19 | 10 | 10 | 20 |
| SG&A | - | - | - | - | - | - | $35.16M | $58.85M | $32.09M | $33.27M | $36.89M | $33.47M | $43.92M | $33.83M | $31.12M | $38.03M | $31.50M | $43.66M | $35.55M | $30.03M | $37.44M | $27.43M | $21.34M | $30.05M | $29.24M | $25.27M | $35.98M | $32.61M | $22.42M | $30.43M |
| Avg Forecast | $62.71M | $58.56M | $37.86M | $40.48M | $62.78M | $51.30M | $34.46M | $47.20M | $40.64M | $25.38M | $45.39M | $42.20M | $74.11M | $30.76M | $33.57M | $171.13M | $42.00M | $86.45M | $83.18M | $46.33M | $50.55M | $320.99M | $36.28M | $46.37M | $65.80M | $19.66M | $356.23M | $55.76M | $24.66M | $16.74M |
| High Forecast | $62.71M | $58.56M | $37.86M | $46.88M | $62.78M | $51.30M | $34.46M | $47.20M | $40.64M | $25.38M | $45.39M | $42.20M | $88.93M | $36.91M | $40.29M | $205.36M | $50.40M | $103.74M | $99.82M | $55.60M | $60.66M | $385.19M | $43.53M | $55.64M | $78.96M | $23.59M | $427.48M | $66.92M | $29.59M | $20.09M |
| Low Forecast | $62.71M | $58.56M | $37.86M | $35.45M | $62.78M | $51.30M | $34.46M | $47.20M | $40.64M | $25.38M | $45.39M | $42.20M | $59.29M | $24.61M | $26.86M | $136.91M | $33.60M | $69.16M | $66.54M | $37.07M | $40.44M | $256.79M | $29.02M | $37.09M | $52.64M | $15.73M | $284.99M | $44.61M | $19.73M | $13.39M |
| Surprise % | - | - | - | - | - | - | 1.02% | 1.25% | 0.79% | 1.31% | 0.81% | 0.79% | 0.59% | 1.10% | 0.93% | 0.22% | 0.75% | 0.51% | 0.43% | 0.65% | 0.74% | 0.09% | 0.59% | 0.65% | 0.44% | 1.29% | 0.10% | 0.58% | 0.91% | 1.82% |
Adecoagro's average Quarter SG&A projection for Jun 23 is $51.30M, based on 2 Wall Street analysts, with a range of $51.30M to $51.30M. The forecast indicates a 45.89% rise compared to AGRO last annual SG&A of $35.16M (Mar 23).
Adecoagro EPS Forecast
| Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 | Sep 17 | Jun 17 | Mar 17 | Sep 16 | Jun 16 | Mar 16 | Sep 15 | Jun 15 | Mar 15 | Sep 14 | Jun 14 | Mar 14 | Sep 13 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 5 | 5 | 4 | 4 | 4 | 4 | 10 | 8 | 9 | 14 | 8 | 13 | 15 | 11 | 12 | 20 | 15 | 9 | 19 | 10 | 10 | 20 |
| EPS | - | - | - | - | - | - | $0.20 | $0.03 | $-0.10 | $-0.46 | $0.08 | $-0.26 | $0.20 | $-0.03 | $0.03 | $-0.27 | $0.06 | $-0.02 | $0.03 | $0.04 | $0.05 | $-0.15 | $0.01 | $0.13 | $-0.04 | $0.11 | $0.09 | $0.01 | $0.02 | $-0.05 |
| Avg Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $1.39 | $1.19 | $1.43 | $0.20 | $0.19 | $0.17 | $0.25 | $-0.01 | $0.08 | $0.11 | $-0.41 | $0.40 | $0.12 | $0.20 | $-0.12 | $0.22 | $0.14 | $-0.12 | $0.15 | $0.11 | $-0.05 | $0.07 | $-0.10 | $0.17 | $0.01 | $-0.01 |
| High Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $1.39 | $1.19 | $1.43 | $0.20 | $0.19 | $0.17 | $0.25 | $-0.01 | $0.08 | $0.11 | $-0.33 | $0.49 | $0.14 | $0.24 | $-0.09 | $0.26 | $0.16 | $-0.09 | $0.18 | $0.13 | $-0.04 | $0.08 | $-0.08 | $0.21 | $0.01 | $-0.01 |
| Low Forecast | $1.54 | $1.34 | $1.58 | $2.09 | $1.39 | $1.19 | $1.43 | $0.20 | $0.19 | $0.17 | $0.25 | $-0.01 | $0.08 | $0.11 | $-0.49 | $0.32 | $0.10 | $0.16 | $-0.14 | $0.17 | $0.11 | $-0.14 | $0.12 | $0.09 | $-0.05 | $0.06 | $-0.12 | $0.14 | $0.01 | $-0.01 |
| Surprise % | - | - | - | - | - | - | 0.14% | 0.13% | -0.53% | -2.71% | 0.33% | 26.00% | 2.50% | -0.25% | -0.07% | -0.68% | 0.49% | -0.12% | -0.26% | 0.18% | 0.39% | 1.25% | 0.07% | 1.18% | 0.86% | 1.57% | -0.94% | 0.07% | 2.10% | 5.00% |
According to 2 Wall Street analysts, Adecoagro's projected average Quarter EPS for Jun 23 is $1.19, with a low estimate of $1.19 and a high estimate of $1.19. This represents a 496.15% increase compared to AGRO previous annual EPS of $0.20 (Mar 23).
Adecoagro Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ADM | Archer-Daniels-Midland Company | $60.39 | $70.60 | 16.91% | Hold |
| DOLE | Dole | $16.16 | $16.67 | 3.16% | Buy |
| AGRO | Adecoagro | $11.57 | $11.50 | -0.61% | Buy |
| CALM | Cal-Maine Foods | $69.38 | $65.00 | -6.31% | Buy |
| TSN | Tyson Foods | $61.40 | $54.42 | -11.37% | Hold |
| LMNR | Limoneira Company | $25.96 | $21.00 | -19.11% | Buy |
AGRO Forecast FAQ
Is Adecoagro a good buy?
Yes, according to 4 Wall Street analysts, Adecoagro (AGRO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of AGRO's total ratings.
What is AGRO's price target?
Adecoagro (AGRO) average price target is $11.5 with a range of $10 to $13, implying a -0.61% from its last price of $11.57. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Adecoagro stock go up soon?
According to Wall Street analysts' prediction for AGRO stock, the company can go down by -0.61% (from the last price of $11.57 to the average price target of $11.5), up by 12.36% based on the highest stock price target, and down by -13.57% based on the lowest stock price target.
Can Adecoagro stock reach $20?
AGRO's average twelve months analyst stock price target of $11.5 does not support the claim that Adecoagro can reach $20 in the near future.
What are Adecoagro's analysts' financial forecasts?
AGRO's analysts financial forecasts for the fiscal year (Dec 2023) are as follows: average revenue is $1.2B (high $1.24B, low $1.17B), average EBITDA is $517.33M (high $534.96M, low $503.45M), average net income is $632.02M (high $632.02M, low $632.02M), average SG&A $189.02M (high $195.42M, low $183.99M), and average EPS is $6.1 (high $6.1, low $6.1).
Did the AGRO's actual financial results beat the analysts' financial forecasts?
Based on Adecoagro's last annual report (Dec 2022), the company's revenue was $1.35B, beating the average analysts forecast of $305.5M by 341.15%. Apple's EBITDA was $490.17M, beating the average prediction of $130.08M by 276.81%. The company's net income was $108.14M, beating the average estimation of $20.49M by 427.70%. Apple's SG&A was $157.91M, beating the average forecast of $47.2M by 234.53%. Lastly, the company's EPS was $0.98, beating the average prediction of $0.2 by 390.00%. In terms of the last quarterly report (Mar 2023), Adecoagro's revenue was $246.26M, beating the average analysts' forecast of $223M by 10.43%. The company's EBITDA was $96.73M, beating the average prediction of $94.95M by 1.87%. Adecoagro's net income was $21.57M, missing the average estimation of $146.41M by -85.27%. The company's SG&A was $35.16M, beating the average forecast of $34.46M by 2.05%. Lastly, the company's EPS was $0.2, missing the average prediction of $1.43 by -86.00%