Mission Produce (AVO) Stock Forecast, Price Target & Predictions

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AVO Stock Forecast

Mission Produce stock forecast is as follows: an average price target of $19.00 (represents a 45.15% upside from AVO’s last price of $13.09) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

AVO Price Target

The average price target for Mission Produce (AVO) is $19.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $27.00 to $15.00. This represents a potential 45.15% upside from AVO's last price of $13.09.

AVO Analyst Ratings

Buy

According to 4 Wall Street analysts, Mission Produce's rating consensus is 'Buy'. The analyst rating breakdown for AVO 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%).

Mission Produce Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 17, 2024	Ben Klieve	Lake Street	-	-	18.39%	14.59%
May 17, 2024	Ben Klieve	Loop Capital Markets	-	-	17.92%	14.59%
Dec 23, 2022	Ben Bienvenu	Stephens	-	-	115.14%	106.26%

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The latest Mission Produce stock forecast, released on May 17, 2024 by Ben Klieve from Lake Street, set a price target of $15.00, which represents a 18.39% increase from the stock price at the time of the forecast ($12.67), and a 14.59% increase from AVO last price ($13.09).

Mission Produce Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$15.00
Last Closing Price	$13.09	$13.09	$13.09
Upside/Downside	-100.00%	-100.00%	14.59%

In the current month, the average price target of Mission Produce stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Mission Produce's last price of $13.09. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 10, 2024	Lake Street	Buy	Buy	Hold
May 17, 2024	Lake Street		Buy	Initialise
Dec 22, 2023	Stephens	Overweight	Overweight	Hold
Dec 23, 2022	Stephens	Overweight	Overweight	Hold
Dec 23, 2022	Roth Capital	Buy	Buy	Hold
Dec 23, 2022	Raymond James	Outperform	Outperform	Hold

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Mission Produce's last stock rating was published by Lake Street on Sep 10, 2024. The company gave AVO a "Buy" rating, the same as its previous rate.

Mission Produce Financial Forecast

Mission Produce Revenue Forecast

	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
Revenue	-	-	-	-	-	-	-	$258.70M	$257.90M	$261.40M	-	$213.50M	$238.00M	$313.20M	-	$216.60M	$237.00M	$246.80M	-	$173.20M	$206.77M
Avg Forecast	$305.00M	$306.00M	$284.00M	$272.00M	$268.40M	$230.95M	$214.85M	$210.75M	$288.45M	$241.97M	$218.11M	$196.57M	$250.03M	$292.93M	$278.85M	$243.24M	$264.09M	$242.62M	$219.53M	$169.27M	$205.28M
High Forecast	$305.00M	$306.00M	$284.00M	$272.00M	$268.40M	$230.95M	$214.85M	$210.75M	$288.45M	$241.97M	$218.11M	$196.57M	$251.87M	$295.09M	$280.91M	$245.03M	$266.04M	$244.41M	$221.16M	$170.52M	$206.80M
Low Forecast	$305.00M	$306.00M	$284.00M	$272.00M	$268.40M	$230.95M	$214.85M	$210.75M	$288.45M	$241.97M	$218.11M	$196.57M	$248.18M	$290.76M	$276.79M	$241.44M	$262.13M	$240.82M	$217.91M	$168.02M	$203.77M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	1.23%	0.89%	1.08%	-	1.09%	0.95%	1.07%	-	0.89%	0.90%	1.02%	-	1.02%	1.01%

Mission Produce's average Quarter revenue forecast for May 24 based on 1 analysts is $214.85M, with a low forecast of $214.85M, and a high forecast of $214.85M. AVO's average Quarter revenue forecast represents a -16.95% decrease compared to the company's last Quarter revenue of $258.70M (Jan 24).

Mission Produce EBITDA Forecast

	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	$8.00M	$7.20M	$11.00M	-	$-600.00K	$17.30M	$22.80M	-	$-11.80M	$28.60M	$32.60M	-	$14.60M	$30.86M
Avg Forecast	$24.09M	$24.17M	$22.44M	$21.49M	$21.20M	$18.24M	$-63.56M	$16.65M	$22.79M	$19.11M	$-50.24M	$46.15M	$22.00M	$25.77M	$-45.67M	$21.40M	$23.24M	$21.35M	$6.60M	$14.89M	$18.06M
High Forecast	$24.09M	$24.17M	$22.44M	$21.49M	$21.20M	$18.24M	$-50.85M	$16.65M	$22.79M	$19.11M	$-40.19M	$55.38M	$22.16M	$25.96M	$-36.54M	$21.56M	$23.41M	$21.51M	$7.92M	$15.00M	$18.20M
Low Forecast	$24.09M	$24.17M	$22.44M	$21.49M	$21.20M	$18.24M	$-76.27M	$16.65M	$22.79M	$19.11M	$-60.29M	$36.92M	$21.84M	$25.58M	$-54.81M	$21.24M	$23.06M	$21.19M	$5.28M	$14.78M	$17.93M
Surprise %	-	-	-	-	-	-	-	0.48%	0.32%	0.58%	-	-0.01%	0.79%	0.88%	-	-0.55%	1.23%	1.53%	-	0.98%	1.71%

1 analysts predict AVO's average Quarter EBITDA for May 24 to be $-63.56M, with a high of $-50.85M and a low of $-76.27M. This is -894.46% lower than Mission Produce's previous annual EBITDA (Jan 24) of $8.00M.

Mission Produce Net Income Forecast

	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	$2.00M	$4.00M	$6.60M	-	$-10.60M	$-91.20M	$18.40M	-	$-13.40M	$16.90M	$18.40M	-	$2.20M	$18.76M
Avg Forecast	$8.53M	$14.93M	$4.98M	$2.84M	$5.69M	$1.78M	$-81.11M	$-4.62M	$7.11M	$15.91M	$-64.12M	$25.65M	$24.27M	$21.79M	$-58.29M	$3.91M	$21.06M	$20.61M	$1.04M	$5.24M	$16.79M
High Forecast	$8.53M	$14.93M	$4.98M	$2.84M	$5.69M	$1.78M	$-64.89M	$-4.62M	$7.11M	$15.91M	$-51.30M	$30.79M	$24.50M	$22.00M	$-46.63M	$3.95M	$21.26M	$20.81M	$1.24M	$5.29M	$16.95M
Low Forecast	$8.53M	$14.93M	$4.98M	$2.84M	$5.69M	$1.78M	$-97.33M	$-4.62M	$7.11M	$15.91M	$-76.94M	$20.52M	$24.04M	$21.58M	$-69.95M	$3.87M	$20.86M	$20.41M	$829.71K	$5.19M	$16.62M
Surprise %	-	-	-	-	-	-	-	-0.43%	0.56%	0.41%	-	-0.41%	-3.76%	0.84%	-	-3.43%	0.80%	0.89%	-	0.42%	1.12%

Mission Produce's average Quarter net income forecast for May 24 is $-81.11M, with a range of $-97.33M to $-64.89M. AVO's average Quarter net income forecast represents a -4155.53% decrease compared to the company's last Quarter net income of $2.00M (Jan 24).

Mission Produce SG&A Forecast

	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	$20.70M	$20.60M	$17.40M	-	$19.10M	$19.50M	$20.60M	-	$18.70M	$15.50M	$17.20M	-	$14.60M	$16.82M
Avg Forecast	$21.06M	$21.13M	$19.61M	$18.78M	$18.53M	$15.95M	$113.19M	$14.55M	$19.92M	$16.71M	$89.48M	$23.53M	$17.26M	$20.23M	$81.34M	$16.79M	$18.23M	$16.75M	$6.88M	$11.69M	$14.17M
High Forecast	$21.06M	$21.13M	$19.61M	$18.78M	$18.53M	$15.95M	$135.83M	$14.55M	$19.92M	$16.71M	$107.38M	$28.23M	$17.39M	$20.37M	$97.61M	$16.92M	$18.37M	$16.88M	$8.26M	$11.77M	$14.28M
Low Forecast	$21.06M	$21.13M	$19.61M	$18.78M	$18.53M	$15.95M	$90.55M	$14.55M	$19.92M	$16.71M	$71.58M	$18.82M	$17.14M	$20.08M	$65.08M	$16.67M	$18.10M	$16.63M	$5.51M	$11.60M	$14.07M
Surprise %	-	-	-	-	-	-	-	1.42%	1.03%	1.04%	-	0.81%	1.13%	1.02%	-	1.11%	0.85%	1.03%	-	1.25%	1.19%

Mission Produce's average Quarter SG&A projection for May 24 is $113.19M, based on 1 Wall Street analysts, with a range of $90.55M to $135.83M. The forecast indicates a 446.82% rise compared to AVO last annual SG&A of $20.70M (Jan 24).

Mission Produce EPS Forecast

	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	$0.06	$0.09	-	$-0.15	$-1.29	$0.26	-	$-0.19	$0.24	$0.26	-	$0.03	$0.29
Avg Forecast	$0.12	$0.21	$0.07	$0.04	$0.08	$0.03	$-0.03	$-0.07	$0.10	$0.22	$-0.01	$0.01	$0.34	$0.31	$0.01	$0.06	$0.30	$0.29	$0.11	$0.07	$0.24
High Forecast	$0.12	$0.21	$0.07	$0.04	$0.08	$0.03	$-0.03	$-0.07	$0.10	$0.22	$-0.01	$0.01	$0.34	$0.31	$0.01	$0.06	$0.30	$0.29	$0.12	$0.07	$0.24
Low Forecast	$0.12	$0.21	$0.07	$0.04	$0.08	$0.03	$-0.03	$-0.07	$0.10	$0.22	$-0.01	$0.01	$0.34	$0.30	$0.01	$0.05	$0.29	$0.29	$0.11	$0.07	$0.23
Surprise %	-	-	-	-	-	-	-	-	0.56%	0.40%	-	-23.64%	-3.78%	0.85%	-	-3.45%	0.81%	0.90%	-	0.41%	1.23%

According to 1 Wall Street analysts, Mission Produce's projected average Quarter EPS for Jan 24 is $-0.07, with a low estimate of $-0.07 and a high estimate of $-0.07. This represents a -215.25% decrease compared to AVO previous annual EPS of $0.06 (Oct 23).

Mission Produce Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
SPTN	SpartanNash Company	-	-	46.59%	Hold
AVO	Mission Produce	-	-	45.15%	Buy
UNFI	United Natural Foods	-	-	33.42%	Hold
CVGW	Calavo Growers	-	-	14.10%
CHEF	Chefs' Warehouse	-	-	13.99%	Buy
PFGC	Performance Food Group Company	-	-	-11.78%	Buy
USFD	US Foods	-	-	-16.59%	Buy

AVO Forecast FAQ

Is Mission Produce a good buy?

Yes, according to 4 Wall Street analysts, Mission Produce (AVO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 100.00% of AVO's total ratings.

What is AVO's price target?

Mission Produce (AVO) average price target is $19 with a range of $15 to $27, implying a 45.15% from its last price of $13.09. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Mission Produce stock go up soon?

According to Wall Street analysts' prediction for AVO stock, the company can go up by 45.15% (from the last price of $13.09 to the average price target of $19), up by 106.26% based on the highest stock price target, and up by 14.59% based on the lowest stock price target.

Can Mission Produce stock reach $20?

AVO's highest twelve months analyst stock price target of $27 supports the claim that Mission Produce can reach $20 in the near future.

What are Mission Produce's analysts' financial forecasts?

Mission Produce's analysts financial forecasts for the fiscal year (Oct 2024) are as follows: average revenue is $924.95M (high $924.95M, low $924.95M), average EBITDA is $-7.46M (high $5.25M, low $-20.171M), average net income is $-78.267M (high $-62.045M, low $-94.489M), average SG&A $162.22M (high $184.86M, low $139.58M), and average EPS is $0.01 (high $0.01, low $0.01). AVO's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $1.17B (high $1.17B, low $1.17B), average EBITDA is $92.19M (high $92.19M, low $92.19M), average net income is $31.28M (high $31.28M, low $31.28M), average SG&A $80.57M (high $80.57M, low $80.57M), and average EPS is $0.44 (high $0.44, low $0.44).

Did the AVO's actual financial results beat the analysts' financial forecasts?

Based on Mission Produce's last annual report (Oct 2023), the company's revenue was $953.9M, beating the average analysts forecast of $945.1M by 0.93%. Apple's EBITDA was $6.9M, missing the average prediction of $37.81M by -81.75%. The company's net income was $-2.8M, missing the average estimation of $-15.445M by -81.87%. Apple's SG&A was $76.4M, missing the average forecast of $149.63M by -48.94%. Lastly, the company's EPS was $-0.04, missing the average prediction of $0.32 by -112.49%. In terms of the last quarterly report (Jan 2024), Mission Produce's revenue was $258.7M, beating the average analysts' forecast of $210.75M by 22.75%. The company's EBITDA was $8M, missing the average prediction of $16.65M by -51.95%. Mission Produce's net income was $2M, missing the average estimation of $-4.62M by -143.29%. The company's SG&A was $20.7M, beating the average forecast of $14.55M by 42.26%. Lastly, the company's EPS was $0, missing the average prediction of $-0.065 by -100.00%