BG Stock - Bunge Global S.A.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $53.11B | $59.54B | $67.23B | $59.15B | $41.40B |
| Gross Profit | $3.39B | $4.84B | $3.68B | $3.36B | $2.79B |
| Gross Margin | 6.4% | 8.1% | 5.5% | 5.7% | 6.7% |
| Operating Income | $1.62B | $3.13B | $2.31B | $2.13B | $1.43B |
| Net Income | $1.14B | $2.24B | $1.61B | $2.08B | $1.15B |
| Net Margin | 2.1% | 3.8% | 2.4% | 3.5% | 2.8% |
| EPS | $8.09 | $15.07 | $10.74 | $14.49 | $8.02 |
Bunge Limited operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains primarily wheat and corn; and processes oilseeds into vegetable oils and protein meals. This segment offers its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing and biofuel companies; and for industrial and biodiesel production applications. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that include cooking oils, shortenings, margarines, mayonnaise, and other products for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. The Milling segment provides wheat flours and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; whole grain and fiber ingredients; quinoas and millets; die-cut pellets; and non-GMO products. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. Bunge Limited was founded in 1818 and is headquartered in St. Louis, Missouri.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 16th 2025 | Morgan Stanley | Upgrade | Overweight | $120 |
| November 6th 2025 | Barclays | Upgrade | Overweight | $120 |
| August 20th 2025 | JP Morgan | Resumed | Overweight | $95 |
| January 21st 2025 | Barclays | Downgrade | Equal Weight | $95← $115 |
| August 1st 2024 | Citigroup | Downgrade | Neutral | $114← $125 |
| February 9th 2024 | HSBC Securities | Upgrade | Buy | $105← $122 |
| February 1st 2024 | Citigroup | Initiation | Buy | $108 |
| January 10th 2024 | Wolfe Research | Downgrade | Peer Perform | - |
| September 15th 2023 | HSBC Securities | Initiation | Hold | $122 |
| June 22nd 2023 | ROTH MKM | Initiation | Buy | $138 |
| April 14th 2023 | BMO Capital Markets | Resumed | Outperform | $120 |
| February 9th 2023 | Robert W. Baird | Downgrade | Neutral | $115← $127 |
| December 14th 2022 | UBS | Initiation | Buy | $133 |
| August 12th 2022 | Wolfe Research | Initiation | Outperform | $127 |
| July 7th 2022 | JP Morgan | Upgrade | Overweight | $106← $130 |
Earnings History & Surprises
BGEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $1.91 | — | — | — |
Q4 2025 | Nov 5, 2025 | $1.94 | $2.27 | +17.0% | ✓ BEAT |
Q3 2025 | Jul 30, 2025 | $1.09 | $1.31 | +20.2% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $1.28 | $1.81 | +41.4% | ✓ BEAT |
Q1 2025 | Feb 5, 2025 | $2.30 | $2.13 | -7.4% | ✗ MISS |
Q4 2024 | Oct 30, 2024 | $2.14 | $2.29 | +7.0% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $1.83 | $1.73 | -5.5% | ✗ MISS |
Q2 2024 | Apr 24, 2024 | $2.53 | $3.04 | +20.2% | ✓ BEAT |
Q1 2024 | Feb 7, 2024 | $2.81 | $3.70 | +31.7% | ✓ BEAT |
Q4 2023 | Oct 26, 2023 | $2.50 | $2.99 | +19.6% | ✓ BEAT |
Q3 2023 | Aug 2, 2023 | $2.69 | $3.72 | +38.3% | ✓ BEAT |
Q2 2023 | May 3, 2023 | $3.24 | $3.26 | +0.6% | ✓ BEAT |
Q1 2023 | Feb 8, 2023 | $3.19 | $3.24 | +1.6% | ✓ BEAT |
Q4 2022 | Oct 26, 2022 | $2.44 | $3.45 | +41.4% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $3.40 | $2.97 | -12.6% | ✗ MISS |
Q2 2022 | Apr 27, 2022 | $2.94 | $4.26 | +44.9% | ✓ BEAT |
Q1 2022 | Feb 9, 2022 | $3.05 | $3.49 | +14.4% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $1.42 | $3.72 | +162.0% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $1.60 | $2.61 | +63.1% | ✓ BEAT |
Latest News
Morgan Stanley Upgrades Bunge Global to Overweight, Raises Price Target to $120
📈 PositiveBarclays Upgrades Bunge Global to Overweight, Raises Price Target to $120
📈 PositiveBunge Global Affirms FY2025 Adj EPS Guidance of $7.30-$7.60 vs $7.43 Est
📈 PositiveBunge Q3 Adj. EPS $2.27 Beats $2.09 Estimate, Sales $22.155B Beat $20.043B Estimate
📈 PositiveBrazil's Kepler Weber Says Unaware Of Any Information Related To A Transaction Involving Trigono Capital And Bunge;: A-AG Holdco Submitted Non-Binding Proposal For Potential Business Combination Between The Companies; Has Granted A-AG Holdco Exclusivity For 90 Days To Negotiate Potential Deal
📈 PositiveDiana Shipping Secures Time Charters With MOL Ocean Bulk For One Of Its Newcastlemax Dry Bulk Vessels, The m/v Los Angeles And Bunge SA For One Of Its Ultramax Dry Bulk Vessels, The m/v DSI Aquarius; Anticipated To Generate A Total Of ~$12.55M Of Gross Revenue For The Minimum Scheduled Period Of The Time Charters
📈 PositiveBarclays Maintains Equal-Weight on Bunge Global, Raises Price Target to $105
➖ NeutralStephens & Co. Maintains Overweight on Bunge Global, Raises Price Target to $115
📈 PositiveBunge shares are trading higher after JP Morgan raised its price target on the stock from $95 to $107. Also, BMO Capital raised its price target on the stock from $95 to $107.
📈 PositiveBMO Capital Maintains Outperform on Bunge Global, Raises Price Target to $110
📈 PositiveJP Morgan Maintains Overweight on Bunge Global, Raises Price Target to $107
📈 PositiveBunge surges to lead S&P 500 after better-than-expected earnings revision lifts overhang
📈 PositiveBunge shares are trading higher after President Trump yesterday announced that the US is considering terminating business with China related to cooking oil. The company plans to announce four segments from Q3 related to soybeans, sofseeds, oilseeds and grain.
📈 PositiveBunge To Report Four Segments From Q3 2025: Soybean Processing And Refining; Softseed Processing And Refining; Other Oilseeds Processing And Refining; Grain Merchandising And Milling
➖ NeutralBunge Recasts Reporting Segments After Viterra Merger; Sets FY25 Adjusted EPS Outlook At $7.30–$7.60 vs $7.42 Est (Prior View: $7.75)
➖ NeutralBunge Entered Unsecured $4.2B 5-year Revolving Credit Agreement With Group Of Lenders
➖ NeutralBunge To Provide Update To 2025 Outlook And Reporting Segments Following Viterra Merger On October 15, 2025
➖ NeutralBunge Global shares are trading higher after JP Morgan assumed an Overweight rating and announced a price target of $95.
📈 PositiveJP Morgan Assumes Bunge Global at Overweight, Announces Price Target of $95
📈 PositiveBunge cleared for Viterra deal by China regulator
📈 PositiveFrequently Asked Questions about BG
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