AGCO Corporation Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for AGCO Corporation stock have an average target of 116.27, with a low estimate of 96 and a high estimate of 153. The average target predicts an increase of 26.41% from the current stock price of 91.98.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$96	$116.27	$111	$153
Change	+4.37%	+26.41%	+20.68%	+66.34%

Analyst Ratings

The average analyst rating for AGCO stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	3	3	3	3	3	2
Buy	3	4	4	4	4	4
Hold	3	5	6	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	12	13	13	13	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jerry Revich Goldman Sachs	Goldman Sachs	Hold Maintains $112 → $99	Hold	Maintains	$112 → $99	+7.63%	Nov 6, 2024
Kristen Owen Oppenheimer	Oppenheimer	Buy Maintains $131 → $111	Buy	Maintains	$131 → $111	+20.68%	Nov 6, 2024
Kyle Menges Citigroup	Citigroup	Hold Maintains $88 → $100	Hold	Maintains	$88 → $100	+8.72%	Oct 9, 2024
Jamie Cook Truist Securities	Truist Securities	Strong Buy Maintains $118 → $127	Strong Buy	Maintains	$118 → $127	+38.07%	Oct 9, 2024
Joel Jackson BMO Capital	BMO Capital	Hold Initiates $96	Hold	Initiates	$96	+4.37%	Aug 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

12.41B

from 14.41B

-13.87%

from 14.41B

Revenue Next Year

11.34B

from 12.41B

-8.69%

from 12.41B

EPS This Year

7.89

from 15.63

-49.55%

from 15.63

EPS Next Year

6.88

from 7.89

-12.69%

from 7.89

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.04B	9.15B	11.14B	12.65B	14.41B	12.41B	11.34B	11.94B
Revenue Growth	-3.32%	1.20%	21.73%	13.58%	13.92%	-13.87%	-8.69%	5.35%
EPS	1.63	5.65	11.85	11.87	15.63	7.89	6.88	8.80
EPS Growth	-54.47%	246.63%	109.73%	0.17%	31.68%	-49.55%	-12.69%	27.82%
Forward PE	-	-	-	-	-	11.66	13.36	10.45
No. Analysts	-	-	-	-	-	17	17	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	13.3B	13.0B	13.3B
Avg	12.4B	11.3B	11.9B
Low	11.5B	9.7B	9.8B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-8.0%	4.4%	17.5%
Avg	-13.9%	-8.7%	5.3%
Low	-20.1%	-21.6%	-13.9%

EPS Forecast

EPS	2024	2025	2026
High	8.43	9.14	11.64
Avg	7.89	6.88	8.80
Low	7.22	5.69	6.03

EPS Growth

EPS Growth	2024	2025	2026
High	-46.1%	15.8%	69.1%
Avg	-49.5%	-12.7%	27.8%
Low	-53.8%	-27.8%	-12.5%

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.