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 31.58% upside from AVO’s last price of $14.44) 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 31.58% upside from AVO's last price of $14.44.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 17, 2024Ben KlieveLake Street$15.00$12.6718.39%3.88%
May 17, 2024Ben KlieveLoop Capital Markets$15.00$12.7217.92%3.88%
Dec 23, 2022Ben BienvenuStephens$27.00$12.55115.14%86.98%

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 3.88% increase from AVO last price ($14.44).

Mission Produce Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$15.00
Last Closing Price$14.44$14.44$14.44
Upside/Downside-100.00%-100.00%3.88%

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 $14.44. 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


DateCompanyPrevious RatingNew RatingRating Change
Sep 10, 2024Lake StreetBuyBuyHold
May 17, 2024Lake StreetBuyInitialise
Dec 22, 2023StephensOverweightOverweightHold
Dec 23, 2022StephensOverweightOverweightHold
Dec 23, 2022Roth CapitalBuyBuyHold
Dec 23, 2022Raymond JamesOutperformOutperformHold

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 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 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
# Analysts111111111111111111111
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 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20
# Analysts111111111111111111111
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 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20
# Analysts111111111111111111111
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 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20
# Analysts111111111111111111111
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 25Jul 25May 25Jan 25Oct 24Jul 24May 24Jan 24Oct 23Jul 23May 23Jan 23Oct 22Jul 22May 22Jan 22Oct 21Jul 21May 21Jan 21Oct 20
# Analysts111111111111111111111
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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AVOMission Produce$13.18$19.0044.16%Buy
SPTNSpartanNash Company$19.41$27.5041.68%Hold
CVGWCalavo Growers$26.11$31.0018.73%
CHEFChefs' Warehouse$48.92$54.0010.38%Buy
USFDUS Foods$68.34$73.507.55%Buy
PFGCPerformance Food Group Company$87.37$89.802.78%Buy
UNFIUnited Natural Foods$28.14$22.00-21.82%Hold

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 31.58% from its last price of $14.44. 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 31.58% (from the last price of $14.44 to the average price target of $19), up by 86.98% based on the highest stock price target, and up by 3.88% 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%