Company expects Q4 avocado industry volumes to rise about 10% versus the prior year
Pricing in Q4 is expected to be about 10% lower than the prior year due to higher supply
Mission Produce reaffirmed its H2 2026 adjusted EBITDA outlook of $84 mln to $88 mln
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the fishing & farming peer group is "buy"
Wall Street's median 12-month price target for Mission Produce Inc is $16.50, about 30.1% above its September 4 closing price of $12.68
The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago