Revenue Growth: Mission Produce achieved a record revenue of $1.39 billion in 2025, reflecting a 13% year-over-year increase driven by strong execution in Marketing & Distribution and significantly higher yields from owned Peruvian orchards, reinforcing its leadership in the global fresh avocado market.
Cash Flow Performance: The company generated nearly $180 million in cash flow from operations over the past two years, with capital expenditures expected to decrease to approximately $40 million in FY26, marking a transition to accelerated free cash flow generation that enhances shareholder value creation flexibility.
Leadership Transition: Founder and CEO Steve Barnard will transition to Executive Chairman in April 2026, with John Pawlowski assuming the CEO role, a strategic move aimed at ensuring continuity in growth and execution of the company's long-term strategy.
Market Dynamics: For Q1 FY2026, avocado industry volumes are expected to increase by approximately 10% year-over-year, but pricing is anticipated to decline by 25%, which will impact the company's revenue structure, necessitating agile responses to market changes to maintain competitive advantage.
AVO
$13.13+Infinity%1D
Analyst Views on AVO
Wall Street analysts forecast AVO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVO is 17.33 USD with a low forecast of 17.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast AVO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AVO is 17.33 USD with a low forecast of 17.00 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 13.140
Low
17.00
Averages
17.33
High
18.00
Current: 13.140
Low
17.00
Averages
17.33
High
18.00
initiated
$17
2025-09-11
Reason
Price Target
$17
2025-09-11
initiated
Reason
Stephens resumed coverage of Mission Produce with an Overweight rating and $17 price target. The company's combination of upstream control and downstream reach provides competitive advantage, says the analyst, who sees the potential for cash flow to meaningfully inflect upwards as with volumes normalizing and capex tapering.
Roth Capital
Buy
maintain
$16 -> $17
2025-09-09
Reason
Roth Capital
Price Target
$16 -> $17
2025-09-09
maintain
Buy
Reason
Roth Capital raised the firm's price target on Mission Produce to $17 from $16 and keeps a Buy rating on the shares after the company reported Q3 results that were ahead of expectations. The firm, which projects Q4 should be "another solid and consistent quarter," cites improving consistency and projected lower debt levels for its raised target.
About AVO
Mission Produce, Inc. is engaged in the farming, packaging, marketing, and distribution of avocados to food retailers, distributors and produce wholesalers. It operates through three segments: Marketing and Distribution, International Farming, and Blueberries. Its Marketing and Distribution segment sources fruit from growers and then distributes the fruit through its global distribution network. Its International Farming segment owns and operates orchards from which all fruit produced is sold to its Marketing and Distribution segment. Its farming activities range from cultivating early-stage plantings to harvesting from mature trees. Its Blueberries segment is a farming operation that cultivates blueberry plants in Peru. It provides value-added services including ripening, bagging, custom packaging, logistical management, and quality assurance. The Company also provides its customers with merchandising and promotional support, insights on market trends and hands-on training.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
