Mission Produce, Inc. (NASDAQ:AVO) Given Consensus Recommendation of “Moderate Buy” by Analysts

Posted by Brian Himes on Aug 28th, 2026

Mission Produce, Inc. (NASDAQ:AVO – Get Free Report) has been assigned an average rating of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $16.6667.

Several analysts have recently commented on AVO shares. Wall Street Zen cut Mission Produce from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. UBS Group set a $16.00 price objective on Mission Produce in a report on Wednesday, June 10th. Finally, Weiss Ratings downgraded Mission Produce from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, June 9th.

View Our Latest Stock Report on AVO

Mission Produce Price Performance

Shares of NASDAQ:AVO opened at $12.52 on Friday. Mission Produce has a 52 week low of $10.07 and a 52 week high of $15.53. The company has a 50-day moving average price of $12.77 and a 200 day moving average price of $12.98. The company has a market cap of $1.11 billion, a P/E ratio of 39.13 and a beta of 0.49. The company has a quick ratio of 1.12, a current ratio of 1.91 and a debt-to-equity ratio of 0.22.

Mission Produce declared that its board has authorized a share buyback program on Monday, June 8th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 13.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Insider Activity

In related news, Director Jay A. Pack acquired 40,000 shares of Mission Produce stock in a transaction that occurred on Tuesday, June 30th. The stock was purchased at an average price of $12.10 per share, for a total transaction of $484,000.00. Following the completion of the purchase, the director directly owned 579,965 shares of the company’s stock, valued at approximately $7,017,576.50. This trade represents a 7.41% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bruce C. Taylor acquired 300,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average cost of $11.29 per share, for a total transaction of $3,387,000.00. Following the acquisition, the director owned 455,842 shares of the company’s stock, valued at $5,146,456.18. This represents a 192.50% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 3,352,161 shares of company stock worth $42,458,664 in the last 90 days. 30.85% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Mission Produce

Several institutional investors have recently modified their holdings of AVO. Public Employees Retirement System of Ohio acquired a new stake in shares of Mission Produce in the 2nd quarter worth approximately $26,000. Quarry LP acquired a new position in Mission Produce during the third quarter worth $29,000. Leonteq Securities AG acquired a new stake in Mission Produce in the fourth quarter valued at $31,000. Quantbot Technologies LP acquired a new stake in Mission Produce in the second quarter valued at $44,000. Finally, Tower Research Capital LLC TRC increased its position in shares of Mission Produce by 211.8% in the second quarter. Tower Research Capital LLC TRC now owns 4,649 shares of the company’s stock valued at $54,000 after buying an additional 3,158 shares in the last quarter. Hedge funds and other institutional investors own 63.57% of the company’s stock.

Mission Produce Company Profile

(Get Free Report)

Mission Produce, Inc is a leading global supplier, packer and distributor of fresh avocados, serving retail, foodservice and industrial customers. The company manages a vertically integrated supply chain that spans sourcing, post-harvest handling, packing and ripening. Through proprietary ripening technologies and cold-chain logistics, Mission Produce delivers consistent quality and extended shelf life for its avocado offerings.

Founded in 1983 and headquartered in Oxnard, California, Mission Produce grew from a regional packing operation into a publicly traded company listed on the Nasdaq under the ticker AVO.