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

Zacks Research upgraded shares of Bunge Global (NYSE:BG) from a hold rating to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.

Several other brokerages also recently issued reports on BG. Barclays upped their price objective 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a research note on Friday, May 22nd. Finally, BMO Capital Markets boosted their price target on Bunge Global from $135.00 to $150.00 and gave the company an “outperform” rating in a report on Tuesday, March 31st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $132.67.

Bunge Global Price Performance

NYSE:BG opened at $108.24 on Tuesday. The firm has a market cap of $21.00 billion, a price-to-earnings ratio of 25.23 and a beta of 0.65. The company has a current ratio of 1.60, a quick ratio of 0.69 and a debt-to-equity ratio of 0.57. The company’s 50-day moving average is $118.03 and its two-hundred day moving average is $119.65. Bunge Global has a 12-month low of $76.01 and a 12-month high of $134.87.

Bunge Global (NYSE:BG) last released its quarterly earnings results on Wednesday, July 29th. The basic materials company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.03. The company had revenue of $24.04 billion for the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a net margin of 0.85% and a return on equity of 8.60%. The firm’s revenue for the quarter was up 88.3% compared to the same quarter last year. During the same period last year, the company earned $1.31 EPS. Bunge Global has set its FY 2026 guidance at 9.250-9.750 EPS. Research analysts expect that Bunge Global will post 9.74 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Quest 10 Wealth Builders Inc. purchased a new position in shares of Bunge Global in the 4th quarter valued at $27,000. Global Trust Asset Management LLC purchased a new stake in Bunge Global during the 1st quarter worth $47,000. CYBER HORNET ETFs LLC acquired a new stake in Bunge Global in the 2nd quarter valued at $31,000. MUFG Securities EMEA plc acquired a new stake in Bunge Global in the 2nd quarter valued at $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in Bunge Global in the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 86.23% of the company’s stock.

Key Bunge Global News

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

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.