Adecoagro (AGRO) Stock Forecast, Price Target & Predictions


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AGRO Stock Forecast


Adecoagro stock forecast is as follows: an average price target of $12.25 (represents a 27.34% upside from AGRO’s last price of $9.62) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

AGRO Price Target


The average price target for Adecoagro (AGRO) is $12.25 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $12.50 to $12.00. This represents a potential 27.34% upside from AGRO's last price of $9.62.

AGRO Analyst Ratings


Buy

According to 5 Wall Street analysts, Adecoagro's rating consensus is 'Buy'. The analyst rating breakdown for AGRO stock is 0 'Strong Buy' (0.00%), 3 'Buy' (60.00%), 2 'Hold' (40.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Adecoagro Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 14, 2024Matheus EnfeldtUBS$12.00$10.969.49%24.74%
Sep 17, 2024Julia RizzoMorgan Stanley$12.50$11.558.23%29.94%
Feb 15, 2023Christian AudiBanco Santander$13.00$8.1160.30%35.14%
Dec 14, 2022Morgan Stanley$10.00$7.6231.23%3.95%

The latest Adecoagro stock forecast, released on Oct 14, 2024 by Matheus Enfeldt from UBS, set a price target of $12.00, which represents a 9.49% increase from the stock price at the time of the forecast ($10.96), and a 24.74% increase from AGRO last price ($9.62).

Adecoagro Price Target by Period


1M3M12M
# Anlaysts-12
Avg Price Target-$12.00$12.25
Last Closing Price$9.62$9.62$9.62
Upside/Downside-100.00%24.74%27.34%

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 $9.62. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2024UBSNeutralInitialise
Sep 17, 2024Morgan StanleyOverweightEqual-WeightDowngrade
Dec 04, 2023Bank of America SecuritiesNeutralBuyUpgrade
Sep 05, 2023Bank of America SecuritiesNeutralUpgrade
Aug 14, 2023Morgan StanleyUnderweightOverweightUpgrade
Feb 15, 2023SantanderOutperformUpgrade
Feb 07, 2023Morgan StanleyEqual-WeightUnderweightDowngrade
Dec 14, 2022CLSAOutperformInitialise
Dec 14, 2022Morgan StanleyEqual-WeightDowngrade

Adecoagro's last stock rating was published by UBS on Oct 14, 2024. The company Initialise its AGRO rating from "null" to "Neutral".

Adecoagro Financial Forecast


Adecoagro Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Sep 11
Revenue--------------$246.26M$371.62M$181.85M$156.13M$279.23M$220.31M$227.79M$159.81M$155.57M$166.09M$121.48M$114.22M$99.13M$105.71M$138.54M$209.63M
Avg Forecast$317.13M$519.25M$462.16M$290.67M$311.13M$507.34M$453.60M$296.98M$348.33M$433.33M$379.00M$245.00M$262.00M$332.00M$223.00M$305.50M$249.69M$155.97M$278.90M$259.29M$251.90M$149.71M$207.42M$256.25M$206.52M$88.84M$109.04M$140.95M$224.43M$283.00M
High Forecast$317.13M$519.25M$462.16M$290.67M$311.13M$507.34M$453.60M$296.98M$348.33M$433.33M$379.00M$245.00M$303.40M$332.00M$223.00M$305.50M$249.69M$155.97M$278.90M$259.29M$251.90M$149.71M$248.91M$307.51M$247.83M$106.60M$130.85M$169.14M$269.32M$339.61M
Low Forecast$317.13M$519.25M$462.16M$290.67M$311.13M$507.34M$453.60M$296.98M$348.33M$433.33M$379.00M$245.00M$229.41M$332.00M$223.00M$305.50M$249.69M$155.97M$278.90M$259.29M$251.90M$149.71M$165.94M$205.00M$165.22M$71.07M$87.23M$112.76M$179.55M$226.40M
# Analysts111111111122422144743791312910151118
Surprise %--------------1.10%1.22%0.73%1.00%1.00%0.85%0.90%1.07%0.75%0.65%0.59%1.29%0.91%0.75%0.62%0.74%

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

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Sep 11
# Analysts111111111122422144743791312910151118
EBITDA--------------$96.73M$112.94M$94.78M$-25.95M$95.70M$127.17M$122.97M$51.72M$48.73M$39.70M$27.82M$35.39M$27.87M$18.15M$18.63M$89.43M
Avg Forecast$110.88M$181.54M$161.58M$101.62M$108.78M$177.38M$158.59M$103.83M$121.78M$151.50M$132.51M$85.66M$91.60M$116.07M$77.97M$106.81M$106.32M$66.41M$118.76M$110.40M$107.26M$-4.07M$64.98M$61.34M$47.22M$28.63M$30.67M$24.22M$30.18M$120.74M
High Forecast$110.88M$181.54M$161.58M$101.62M$108.78M$177.38M$158.59M$103.83M$121.78M$151.50M$132.51M$85.66M$106.08M$116.07M$77.97M$106.81M$106.32M$66.41M$118.76M$110.40M$107.26M$-3.26M$77.98M$73.60M$56.67M$34.36M$36.80M$29.06M$36.21M$144.88M
Low Forecast$110.88M$181.54M$161.58M$101.62M$108.78M$177.38M$158.59M$103.83M$121.78M$151.50M$132.51M$85.66M$80.21M$116.07M$77.97M$106.81M$106.32M$66.41M$118.76M$110.40M$107.26M$-4.88M$51.98M$49.07M$37.78M$22.91M$24.53M$19.37M$24.14M$96.59M
Surprise %--------------1.24%1.06%0.89%-0.39%0.81%1.15%1.15%-12.71%0.75%0.65%0.59%1.24%0.91%0.75%0.62%0.74%

2 analysts predict AGRO's average Quarter EBITDA for Jun 23 to be $116.07M, with a high of $116.07M and a low of $116.07M. This is 20.00% upper than Adecoagro's previous annual EBITDA (Mar 23) of $96.73M.

Adecoagro Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Sep 11
# Analysts111111111122422144743791312910151118
Net Income--------------$21.57M$2.73M$-12.06M$-54.44M$9.63M$-30.31M$22.99M$-2.23M$6.90M$4.99M$2.75M$12.83M$2.59M$2.51M$1.24M$29.57M
Avg Forecast$4.95M$48.34M$49.82M$2.44M$4.25M$47.82M$50.49M$4.23M$41.19M$69.08M$135.38M$158.96M$210.59M$120.23M$144.09M$20.17M$19.47M$17.42M$25.62M$-1.02M$8.20M$-2.87M$9.20M$7.70M$2.72M$9.98M$2.85M$3.35M$2.01M$39.93M
High Forecast$4.95M$48.34M$49.82M$2.44M$4.25M$47.82M$50.49M$4.23M$41.19M$69.08M$135.38M$158.96M$210.59M$120.23M$144.09M$20.17M$19.47M$17.42M$25.62M$-1.02M$8.20M$-2.29M$11.04M$9.24M$3.26M$11.97M$3.42M$4.02M$2.42M$47.91M
Low Forecast$4.95M$48.34M$49.82M$2.44M$4.25M$47.82M$50.49M$4.23M$41.19M$69.08M$135.38M$158.96M$210.59M$120.23M$144.09M$20.17M$19.47M$17.42M$25.62M$-1.02M$8.20M$-3.44M$7.36M$6.16M$2.18M$7.98M$2.28M$2.68M$1.61M$31.94M
Surprise %--------------0.15%0.14%-0.62%-3.13%0.38%29.58%2.80%0.78%0.75%0.65%1.01%1.29%0.91%0.75%0.62%0.74%

Adecoagro's average Quarter net income forecast for Jun 23 is $120.23M, with a range of $120.23M to $120.23M. AGRO's average Quarter net income forecast represents a 457.41% increase compared to the company's last Quarter net income of $21.57M (Mar 23).

Adecoagro SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Sep 11
# Analysts111111111122422144743791312910151118
SG&A--------------$35.16M$58.85M$32.09M$33.27M$36.89M$33.47M$43.92M$33.83M$31.50M$30.03M$21.34M$25.27M$22.42M$21.78M$26.44M$35.41M
Avg Forecast$46.90M$76.79M$68.35M$42.99M$46.01M$75.03M$67.08M$43.92M$51.51M$64.08M$56.05M$36.23M$38.75M$49.10M$32.98M$45.18M$38.58M$24.10M$43.09M$40.06M$38.92M$30.76M$42.00M$46.33M$36.28M$19.66M$24.66M$29.04M$42.84M$47.80M
High Forecast$46.90M$76.79M$68.35M$42.99M$46.01M$75.03M$67.08M$43.92M$51.51M$64.08M$56.05M$36.23M$44.87M$49.10M$32.98M$45.18M$38.58M$24.10M$43.09M$40.06M$38.92M$36.91M$50.40M$55.60M$43.53M$23.59M$29.59M$34.85M$51.41M$57.36M
Low Forecast$46.90M$76.79M$68.35M$42.99M$46.01M$75.03M$67.08M$43.92M$51.51M$64.08M$56.05M$36.23M$33.93M$49.10M$32.98M$45.18M$38.58M$24.10M$43.09M$40.06M$38.92M$24.61M$33.60M$37.07M$29.02M$15.73M$19.73M$23.23M$34.27M$38.24M
Surprise %--------------1.07%1.30%0.83%1.38%0.86%0.84%1.13%1.10%0.75%0.65%0.59%1.29%0.91%0.75%0.62%0.74%

Adecoagro's average Quarter SG&A projection for Jun 23 is $49.10M, based on 2 Wall Street analysts, with a range of $49.10M to $49.10M. The forecast indicates a 39.64% rise compared to AGRO last annual SG&A of $35.16M (Mar 23).

Adecoagro EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17Mar 16Mar 15Mar 14Mar 13Mar 12Sep 11
# Analysts111111111122422144743791312910151118
EPS--------------$0.20$0.03$-0.10$-0.46$0.08$-0.26$0.20$-0.03$0.06$0.04$0.01$0.11$0.02$0.02$0.01$0.25
Avg Forecast$0.05$0.48$0.49$0.02$0.04$0.47$0.50$0.04$0.41$0.69$1.34$1.58$2.09$1.19$1.43$0.20$0.19$0.17$0.25$-0.01$0.08$0.11$0.12$0.22$0.15$0.07$0.01$0.08$0.08$0.14
High Forecast$0.05$0.48$0.49$0.02$0.04$0.47$0.50$0.04$0.41$0.69$1.34$1.58$2.09$1.19$1.43$0.20$0.19$0.17$0.25$-0.01$0.08$0.11$0.14$0.26$0.18$0.08$0.01$0.10$0.10$0.16
Low Forecast$0.05$0.48$0.49$0.02$0.04$0.47$0.50$0.04$0.41$0.69$1.34$1.58$2.09$1.19$1.43$0.20$0.19$0.17$0.25$-0.01$0.08$0.11$0.10$0.17$0.12$0.06$0.01$0.06$0.06$0.11
Surprise %--------------0.14%0.13%-0.53%-2.71%0.33%26.00%2.50%-0.25%0.49%0.18%0.07%1.57%2.10%0.26%0.13%1.79%

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ADMArcher-Daniels-Midland Company$51.49$70.6037.11%Hold
AGROAdecoagro$10.11$12.2521.17%Buy
DOLEDole$14.33$16.6716.33%Buy
TSNTyson Foods$59.40$64.208.08%Hold
LMNRLimoneira Company$26.68$21.00-21.29%Buy
CALMCal-Maine Foods$106.66$55.00-48.43%Buy

AGRO Forecast FAQ


Is Adecoagro a good buy?

Yes, according to 5 Wall Street analysts, Adecoagro (AGRO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 60.00% of AGRO's total ratings.

What is AGRO's price target?

Adecoagro (AGRO) average price target is $12.25 with a range of $12 to $12.5, implying a 27.34% from its last price of $9.62. The data is based on 5 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 up by 27.34% (from the last price of $9.62 to the average price target of $12.25), up by 29.94% based on the highest stock price target, and up by 24.74% based on the lowest stock price target.

Can Adecoagro stock reach $14?

AGRO's average twelve months analyst stock price target of $12.25 does not support the claim that Adecoagro can reach $14 in the near future.

What are Adecoagro's analysts' financial forecasts?

Adecoagro's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.57B (high $1.57B, low $1.57B), average EBITDA is $548.57M (high $548.57M, low $548.57M), average net income is $106.79M (high $106.79M, low $106.79M), average SG&A $232.05M (high $232.05M, low $232.05M), and average EPS is $1.06 (high $1.06, low $1.06). AGRO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.59B (high $1.59B, low $1.59B), average EBITDA is $555.62M (high $555.62M, low $555.62M), average net income is $105.55M (high $105.55M, low $105.55M), average SG&A $235.03M (high $235.03M, low $235.03M), and average EPS is $1.05 (high $1.05, low $1.05).

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 $106.81M by 358.92%. The company's net income was $108.14M, beating the average estimation of $20.17M by 436.20%. Apple's SG&A was $157.91M, beating the average forecast of $45.18M by 249.51%. 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 $77.97M by 24.06%. Adecoagro's net income was $21.57M, missing the average estimation of $144.09M by -85.03%. The company's SG&A was $35.16M, beating the average forecast of $32.98M by 6.62%. Lastly, the company's EPS was $0.2, missing the average prediction of $1.43 by -86.00%