Bunge Global (NYSE:BG) Raised to Strong-Buy at Zacks Research

Bunge Global (NYSE:BGGet Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

Several other analysts also recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research report on Friday, May 22nd. BMO Capital Markets boosted their target price on shares of Bunge Global from $135.00 to $150.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Finally, Barclays upped their target price on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.67.

View Our Latest Research Report on Bunge Global

Bunge Global Price Performance

Shares of NYSE BG opened at $108.24 on Tuesday. Bunge Global has a 1-year low of $76.01 and a 1-year high of $134.87. The business has a 50-day moving average of $118.03 and a 200-day moving average of $119.65. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.60 and a quick ratio of 0.69. The company has a market capitalization of $21.00 billion, a price-to-earnings ratio of 25.23 and a beta of 0.65.

Bunge Global (NYSE:BGGet Free Report) last posted its earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.97 by $0.03. The business had revenue of $24.04 billion during the quarter, compared to analyst estimates of $22.81 billion. Bunge Global had a return on equity of 8.60% and a net margin of 0.85%.The company’s revenue for the quarter was up 88.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.31 earnings per share. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. On average, equities analysts anticipate that Bunge Global will post 9.74 EPS for the current fiscal year.

Hedge Funds Weigh In On Bunge Global

Several institutional investors and hedge funds have recently made changes to their positions in the business. Quest 10 Wealth Builders Inc. acquired a new stake in shares of Bunge Global during the fourth quarter worth approximately $27,000. CYBER HORNET ETFs LLC bought a new stake in shares of Bunge Global in the second quarter worth $31,000. MUFG Securities EMEA plc acquired a new stake in Bunge Global in the second quarter valued at $32,000. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in Bunge Global in the fourth quarter valued at $35,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in Bunge Global by 152.9% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 430 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 260 shares during the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Bunge Global

Here are the key news stories impacting Bunge Global this week:

  • Positive Sentiment: Strong quarterly performance: Bunge reported adjusted diluted EPS of $2.00, compared with $1.31 a year earlier, while revenue surged 88.3% to $24.04 billion. Results were supported by strong soybean and softseed processing and refining margins. Bunge beats second-quarter profit estimates on strong processing margins
  • Positive Sentiment: Higher earnings outlook: Management raised its fiscal 2026 adjusted EPS guidance to $9.25-$9.75 from $9.00-$9.50, citing stronger business conditions and Viterra integration synergies running ahead of plan. The company also repurchased approximately $250 million of shares and completed the $2 billion buyback program connected to the Viterra transaction. Bunge forecasts 2026 adjusted EPS of $9.25-$9.75
  • Neutral Sentiment: Mixed estimate comparisons: The $2.00 adjusted EPS result exceeded some published analyst estimates, including a $1.97 consensus, but fell short of Zacks’ $2.03 estimate. This discrepancy may have contributed to uncertainty around the quality of the beat. Bunge Global earnings results
  • Negative Sentiment: Guidance may have disappointed investors: Despite the raised outlook, the new range is only a modest increase and broadly near expectations. Investors may have been looking for a larger upward revision after the strong quarter.
  • Negative Sentiment: Uneven segment results and accounting effects: Grain merchandising, milling, sugar and parts of the European soybean business remained under pressure. A reported negative mark-to-market timing impact of approximately $1.67 per share also clouded the quarter, even though management expects the effect to reverse over time.

About Bunge Global

(Get Free Report)

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.

Recommended Stories

Analyst Recommendations for Bunge Global (NYSE:BG)

Receive News & Ratings for Bunge Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bunge Global and related companies with MarketBeat.com's FREE daily email newsletter.