01:40 AM EDT, 05/14/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Following the Q1 earnings release, we revise our 2025 EPS estimate to $4.19 from $4.20, and keep our 2026 EPS outlook at $6.08. Our 12-month target price for AGCO ( AGCO ) shares is reiterated at $80, 13.2x our 2026 EPS forecast. Agricultural commodity prices remain pressured amid tariff and macroeconomic uncertainty. Coupled with still-elevated levels of channel inventory, we do not see sales recovery until 2026 off of a lower base. Production cuts have been swift, though are struggling to keep up with waning demand. While consensus estimates assume that we are near the trough, we note that AGCO ( AGCO ) has missed top-line expectations for seven quarters consecutively, indicating that consensus is overestimating the company's ability to generate sales in the current environment.