AGCO Analysts Boost Their Forecasts After Better-Than-Expected Q4 Earnings

Benzinga
02/07

AGCO Corp. (NYSE:AGCO) on Thursday posted better-than-expected fourth-quarter earnings and issued an upbeat 2026 outlook.

"2025 reflects a meaningful progress year that we've made in transferring AGCO into a more resilient, better-positioned company. We're executing with discipline and focus on what we can control in a pretty volatile market," Eric Hansotia, AGCO's Chairman, President, and CEO, said in the earnings call.

AGCO reported fourth-quarter 2025 net sales of $2.92 billion, a 1.1% increase from the prior year and above the $2.67 billion analyst estimate. Excluding a 6.4% favorable currency impact, net sales declined 5.3% year over year.

Adjusted earnings were $2.17 per share, exceeding the $1.86 analyst estimate and up from $1.97 per share in the fourth quarter of 2024.

For fiscal 2026, AGCO forecasts adjusted earnings per share of $5.50 to $6.00, compared to the analyst estimate of $5.83. The company projects net sales of $10.4 billion to $10.7 billion, above the $10.072 billion estimate.

The outlook includes tariffs in effect as of February 5, 2026, and related mitigation strategies. AGCO noted that changes to tariff policies could affect results.

AGCO shares gained 5.3% to trade at $130.93 on Friday.

These analysts made changes to their price targets on AGCO following earnings announcement.

  • Barclays analyst Adam Seiden maintained AGCO with an Underweight rating and raised the price target from $93 to $105.
  • Oppenheimer analyst Kristen Owen maintained the stock with an Outperform rating and raised the price target from $128 to $132.
  • BMO Capital analyst Joel Jackson maintained AGCO with a Market Perform and raised the price target from $110 to $115.

Considering buying CL stock? Here’s what analysts think:

Photo via Shutterstock

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