Mission Produce, Inc. (AVO)
NASDAQ: AVO · IEX Real-Time Price · USD
12.87
+0.20 (1.58%)
May 17, 2024, 4:00 PM EDT - Market closed
Mission Produce Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Mission Produce stock have an average target of 12.38, with a low estimate of 10 and a high estimate of 15. The average target predicts a decrease of -3.81% from the current stock price of 12.87.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AVO stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +16.55% | May 17, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $13 → $12 | Buy | Maintains | $13 → $12 | -6.76% | Dec 22, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $18 → $13 | Strong Buy | Maintains | $18 → $13 | -2.87% | Nov 28, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | -22.30% | Sep 12, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $18 | Strong Buy | Reiterates | $18 | +39.86% | Jun 20, 2023 |
Financial Forecast
Revenue This Year
978.94M
from 953.90M
Increased by 2.63%
Revenue Next Year
982.98M
from 978.94M
Increased by 0.41%
EPS This Year
0.35
from -0.04
EPS Next Year
0.34
from 0.35
Decreased by -2.86%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.0B | 1.0B |
| Avg | 978.9M | 983.0M |
| Low | 938.6M | 946.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.0% | 5.1% |
| Avg | 2.6% | 0.4% |
| Low | -1.6% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.40 | 0.38 |
| Avg | 0.35 | 0.34 |
| Low | 0.31 | 0.31 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 6.9% |
| Avg | - | -2.9% |
| Low | - | -11.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.