AGCO Stock - AGCO Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $11.66B | $14.41B | $12.65B | $11.14B | $9.15B |
| Gross Profit | $2.84B | $3.74B | $2.96B | $2.51B | $1.99B |
| Gross Margin | 24.4% | 25.9% | 23.4% | 22.5% | 21.8% |
| Operating Income | $977.20M | $1.73B | $1.32B | $1.01B | $633.10M |
| Net Income | $-424,800,000 | $1.17B | $889.60M | $897.00M | $427.10M |
| Net Margin | -3.6% | 8.1% | 7.0% | 8.1% | 4.7% |
| EPS | $-5.69 | $15.66 | $11.92 | $11.93 | $5.69 |
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, such as self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Challenger, Fendt, GSI, Massey Ferguson, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 19th 2025 | Barclays | Downgrade | Underweight | $93 |
| November 14th 2025 | Wells Fargo | Initiation | Equal Weight | - |
| May 30th 2025 | Citigroup | Downgrade | Neutral | $110 |
| April 16th 2025 | Morgan Stanley | Downgrade | Underweight | $75 |
| April 8th 2025 | Citigroup | Upgrade | Buy | - |
| March 3rd 2025 | Robert W. Baird | Downgrade | Neutral | $100← $116 |
| December 3rd 2024 | Morgan Stanley | Initiation | Equal Weight | $101 |
| August 9th 2024 | BMO Capital Markets | Initiation | Market Perform | $96 |
| June 28th 2024 | Raymond James | Initiation | Market Perform | - |
| June 26th 2024 | Citigroup | Initiation | Neutral | $108 |
| March 14th 2024 | Truist | Initiation | Buy | $142 |
| April 3rd 2023 | Goldman | Downgrade | Neutral | $135← $149 |
| December 22nd 2022 | Credit Suisse | Reiterated | Outperform | $174← $143 |
| September 28th 2022 | Robert W. Baird | Initiation | Outperform | $156 |
| June 23rd 2022 | Morgan Stanley | Downgrade | Equal Weight | $129← $160 |
Earnings History & Surprises
AGCOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 29, 2026 | — | — | — | — |
Q1 2026 | Feb 5, 2026 | $1.88 | — | — | — |
Q4 2025 | Oct 31, 2025 | $1.26 | $1.35 | +7.1% | ✓ BEAT |
Q3 2025 | Jul 31, 2025 | $1.06 | $1.35 | +27.4% | ✓ BEAT |
Q2 2025 | May 1, 2025 | $0.03 | $0.41 | +1266.7% | ✓ BEAT |
Q1 2025 | Feb 6, 2025 | $2.01 | $1.97 | -2.0% | ✗ MISS |
Q4 2024 | Nov 5, 2024 | $1.07 | $0.68 | -36.4% | ✗ MISS |
Q3 2024 | Jul 30, 2024 | $2.88 | $2.53 | -12.2% | ✗ MISS |
Q2 2024 | May 2, 2024 | $2.25 | $2.32 | +3.1% | ✓ BEAT |
Q1 2024 | Feb 6, 2024 | $4.02 | $3.78 | -6.0% | ✗ MISS |
Q4 2023 | Oct 31, 2023 | $3.30 | $3.97 | +20.3% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $3.73 | $4.29 | +15.0% | ✓ BEAT |
Q2 2023 | May 2, 2023 | $2.70 | $3.51 | +30.0% | ✓ BEAT |
Q1 2023 | Feb 7, 2023 | $3.90 | $4.47 | +14.6% | ✓ BEAT |
Q4 2022 | Nov 1, 2022 | $3.16 | $3.18 | +0.6% | ✓ BEAT |
Q3 2022 | Jul 28, 2022 | $2.11 | $2.37 | +12.3% | ✓ BEAT |
Q2 2022 | May 3, 2022 | $1.90 | $2.39 | +25.8% | ✓ BEAT |
Q1 2022 | Feb 8, 2022 | $1.77 | $3.08 | +74.0% | ✓ BEAT |
Q4 2021 | Oct 28, 2021 | $1.85 | $2.41 | +30.3% | ✓ BEAT |
Q3 2021 | Jul 29, 2021 | $2.20 | $2.88 | +30.9% | ✓ BEAT |
Latest News
JP Morgan Maintains Overweight on AGCO, Lowers Price Target to $123
➖ NeutralOppenheimer Maintains Outperform on AGCO, Raises Price Target to $128
📈 PositiveShares of companies in the broader machinery sector are trading higher. Stocks across sectors are rising after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term.
📈 PositiveWells Fargo Initiates Coverage On AGCO with Equal-Weight Rating, Announces Price Target of $114
➖ NeutralTruist Securities Reiterates Buy on AGCO, Lowers Price Target to $123
📈 PositiveAGCO Raises FY2025 Adj EPS Guidance from $4.75-$5.00 to $5.00 vs $4.81 Est; Affirms FY2025 Sales Guidance of $9.800B vs $9.851B Est
📈 PositiveAGCO Q3 Adj. EPS $1.35 Beats $1.22 Estimate, Sales $2.476B Beat $2.466B Estimate
📈 PositiveTruist Securities Maintains Buy on AGCO, Lowers Price Target to $142
➖ NeutralAGCO Invests €54M In Finland's Linnavuori Plant; Expands CVT, CORE Engine Production And Doubles Remanufacturing Capacity
📈 PositiveOppenheimer Maintains Outperform on AGCO, Lowers Price Target to $123
➖ NeutralAGCO Signs 10-year Virtual Power Purchase Agreement With BRUC To Advance European Renewable Energy Supply
📈 PositiveFrequently Asked Questions about AGCO
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