AGCO Corporation Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for AGCO Corporation stock have an average target of 137.29, with a low estimate of 108 and a high estimate of 153. The average target predicts an increase of 42.95% from the current stock price of 96.04.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$108	$137.29	$137	$153
Change	+12.45%	+42.95%	+42.65%	+59.31%

Analyst Ratings

The average analyst rating for AGCO stock from 8 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	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	2	2	3	3	3	3
Buy	6	6	4	4	3	3
Hold	4	4	4	2	0	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	11	9	6	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Thein Raymond James	Raymond James	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Jun 28, 2024
Kyle Menges Citigroup	Citigroup	Hold Initiates $108	Hold	Initiates	$108	+12.45%	Jun 26, 2024
Kristen Owen Oppenheimer	Oppenheimer	Buy Maintains $145 → $133	Buy	Maintains	$145 → $133	+38.48%	Jun 12, 2024
Tami Zakaria JP Morgan	JP Morgan	Buy Maintains $150 → $135	Buy	Maintains	$150 → $135	+40.57%	May 3, 2024
Jamie Cook Truist Securities	Truist Securities	Strong Buy Maintains $142 → $137	Strong Buy	Maintains	$142 → $137	+42.65%	May 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

13.67B

from 14.41B

-5.14%

from 14.41B

Revenue Next Year

13.48B

from 13.67B

-1.38%

from 13.67B

EPS This Year

12.16

from 15.63

-22.20%

from 15.63

EPS Next Year

12.27

from 12.16

0.94%

from 12.16

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	9.04B	9.15B	11.14B	12.65B	14.41B	13.67B	13.48B	14.04B	14.63B	15.17B
Revenue Growth	-3.32%	1.20%	21.73%	13.58%	13.92%	-5.14%	-1.38%	4.12%	4.20%	3.73%
EPS	1.63	5.65	11.85	11.87	15.63	12.16	12.27	13.19	13.77	13.96
EPS Growth	-54.47%	246.63%	109.73%	0.17%	31.68%	-22.20%	0.94%	7.45%	4.42%	1.41%
Forward PE	-	-	-	-	-	7.90	7.83	7.28	6.97	6.88
No. Analysts	-	-	-	-	-	16	16	10	3	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	14.3B	14.6B	15.1B	15.1B	15.6B
Avg	13.7B	13.5B	14.0B	14.6B	15.2B
Low	12.9B	12.1B	12.3B	14.1B	14.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	-1.0%	7.1%	12.3%	7.3%	6.8%
Avg	-5.1%	-1.4%	4.1%	4.2%	3.7%
Low	-10.5%	-11.6%	-8.8%	0.1%	-0.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	12.86	15.00	15.69	14.18	14.37
Avg	12.16	12.27	13.19	13.77	13.96
Low	10.58	8.81	10.87	13.23	13.42

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-17.7%	23.4%	27.8%	7.5%	4.4%
Avg	-22.2%	0.9%	7.4%	4.4%	1.4%
Low	-32.3%	-27.5%	-11.4%	0.3%	-2.6%

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.