Bunge Limited (BG)
NYSE: BG · IEX Real-Time Price · USD
102.80
+0.38 (0.37%)
Mar 28, 2024, 10:47 AM EDT - Market open

Bunge Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Bunge stock have an average target of 119.44, with a low estimate of 105 and a high estimate of 141. The average target predicts an increase of 16.19% from the current stock price of 102.80.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $105 $119.44 $115 $141
Change +2.14% +16.19% +11.87% +37.16%
* Price targets were last updated on Feb 13, 2024.

Analyst Ratings

The average analyst rating for Bunge stock from 10 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 333355
Buy 222222
Hold 333433
Sell 000000
Strong Sell 000000
Total 88891010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$141$126
Strong Buy Maintains $141$126 +22.57% Feb 13, 2024
HSBC
HSBC
Strong Buy
Upgrades
$122$105
Strong Buy Upgrades $122$105 +2.14% Feb 9, 2024
BMO Capital
BMO Capital
Buy
Maintains
$130$120
Buy Maintains $130$120 +16.73% Feb 8, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$161$138
Strong Buy Maintains $161$138 +34.24% Feb 5, 2024
Citigroup
Citigroup
Strong Buy
Initiates
$108
Strong Buy Initiates $108 +5.06% Feb 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
57.88B
from 59.54B
Decreased by -2.79%
Revenue Next Year
61.75B
from 57.88B
Increased by 6.68%
EPS This Year
9.70
from 14.87
Decreased by -34.77%
EPS Next Year
12.08
from 9.70
Increased by 24.56%
Year 2019202020212022202320242024202520252026
Revenue
41.14B41.40B59.15B67.23B59.54B57.88B61.75B58.68B64.93B61.94B
Revenue Growth
-10.06%0.64%42.87%13.66%-11.44%-2.79%6.68%-4.97%10.66%-4.61%
EPS
-9.347.7113.6410.5114.879.7012.0810.1412.1210.56
EPS Growth
--76.91%-22.95%41.48%-34.77%24.56%-16.04%19.46%-12.89%
No. Analysts -----171516119
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 69.7B 80.1B 69.7B
Avg 61.7B 64.9B 61.9B
Low 54.3B 52.5B 53.0B

Revenue Growth

Revenue Growth 202420252026
High
17.1%
29.7%
7.4%
Avg
3.7%
5.2%
-4.6%
Low
-8.8%
-14.9%
-18.4%

EPS Forecast

EPS 202420252026
High 14.08 14.37 11.82
Avg 12.08 12.12 10.56
Low 10.44 9.80 9.60

EPS Growth

EPS Growth 202420252026
High
-5.3%
19.0%
-2.4%
Avg
-18.8%
0.3%
-12.9%
Low
-29.8%
-18.9%
-20.7%
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.