AGCO official logo AGCO
AGCO 1-star rating from Upturn Advisory
AGCO Corporation (AGCO) company logo

AGCO Corporation (AGCO)

AGCO Corporation (AGCO) 1-star rating from Upturn Advisory
$133.72
Last Close (24-hour delay)
Profit since last BUY19.75%
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Upturn Advisory Summary

02/26/2026: AGCO (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

3 star rating from financial analysts

16 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $128.57

1 Year Target Price $128.57

Analysts Price Target For last 52 week
$128.57 Target price
52w Low $73.04
Current$133.72
52w High $143.48
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Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 9.99B USD
Price to earnings Ratio 13.74
1Y Target Price 128.57
Price to earnings Ratio 13.74
1Y Target Price 128.57
Volume (30-day avg) 16
Beta 1.17
52 Weeks Range 73.04 - 143.48
Updated Date 02/25/2026
52 Weeks Range 73.04 - 143.48
Updated Date 02/25/2026
Dividends yield (FY) 0.85%
Basic EPS (TTM) 9.75

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Earnings Date

Report Date 2026-02-10
When -
Estimate 1.89
Actual 2.17

Profitability

Profit Margin 7.21%
Operating Margin (TTM) 9.44%

Management Effectiveness

Return on Assets (TTM) 3.72%
Return on Equity (TTM) 16.69%

Valuation

Trailing PE 13.74
Forward PE 16.45
Enterprise Value 10329204784
Price to Sales(TTM) 0.99
Enterprise Value 10329204784
Price to Sales(TTM) 0.99
Enterprise Value to Revenue 1.02
Enterprise Value to EBITDA 40.38
Shares Outstanding 72400559
Shares Floating 59652269
Shares Outstanding 72400559
Shares Floating 59652269
Percent Insiders 17.76
Percent Institutions 93.15

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

AGCO Corporation

AGCO Corporation(AGCO) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

AGCO Corporation was founded in 1990 through a leveraged buyout of the North American assets of Deutz-Allis Corporation. It has since evolved into a global leader in the design, manufacture, and distribution of agricultural equipment. Key milestones include the acquisition of Hesston Corporation in 1991, Fendt in 2004, and GSI in 2011, significantly expanding its product portfolio and global reach. AGCO is committed to providing farmers with innovative solutions to feed the world.

Company business area logo Core Business Areas

  • Farm & Construction Equipment: AGCO's primary business involves the manufacturing and sale of a wide range of agricultural machinery, including tractors, combines, hay and forage equipment, and implements. This segment also includes construction equipment primarily for agricultural and infrastructure use.
  • Spare Parts & Service: AGCO provides aftermarket support, including spare parts and maintenance services, for its extensive range of equipment. This is a crucial revenue stream and contributes to customer loyalty.
  • Precision Agriculture Solutions: The company offers advanced technologies and solutions for precision farming, such as GPS guidance systems, telematics, and data management tools, aimed at optimizing crop yields and resource efficiency.

leadership logo Leadership and Structure

AGCO Corporation is led by a seasoned management team with significant experience in the agricultural and manufacturing industries. The company operates through a global network of dealerships and a direct sales force, structured by regions and product lines to serve diverse markets effectively.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Fendt Tractors: High-performance, premium tractors known for their advanced technology, efficiency, and comfort. Competitors include John Deere, CNH Industrial (Case IH, New Holland), and AGCO's own Massey Ferguson brand. Market share for specific tractor segments can vary significantly by region.
  • Massey Ferguson Tractors: A globally recognized brand offering a broad range of tractors from compact to large utility models, known for reliability and versatility. Competitors include John Deere, CNH Industrial, Kubota, and AGCO's own Fendt brand.
  • Challenger Tractors: Specializing in high-horsepower articulated tractors and tracked tractors, primarily for large-scale farming operations. Competitors include John Deere and CNH Industrial.
  • GSI Grain Bins and Storage Solutions: A leading provider of grain storage, material handling, and protein production solutions. Competitors include Brock Grain Systems (CTB, Inc.), Sukup Manufacturing, and Sweet Manufacturing.
  • Hesston Hay and Forage Equipment: A strong brand in balers, mowers, conditioners, and other hay and forage harvesting equipment. Competitors include John Deere, CNH Industrial, and Kuhn.

Market Dynamics

industry overview logo Industry Overview

The agricultural equipment industry is cyclical, influenced by global commodity prices, farm income, weather patterns, technological advancements, and government policies. The industry is experiencing a shift towards precision agriculture, automation, and sustainable farming practices. Consolidation among manufacturers and dealer networks is also a notable trend.

Positioning

AGCO is a major global player in the agricultural equipment market, particularly strong in tractors, harvesting, and hay equipment. Its competitive advantages lie in its diverse brand portfolio catering to different market segments, its focus on innovation and technology (especially in precision agriculture), and its extensive global distribution network. AGCO is often considered the third-largest global agricultural equipment manufacturer.

Total Addressable Market (TAM)

The global agricultural machinery market is estimated to be worth well over $100 billion annually and is projected to grow. AGCO is well-positioned to capture a significant portion of this TAM through its comprehensive product offerings, strong brand recognition, and strategic acquisitions. Its focus on high-tech solutions and emerging markets further enhances its positioning.

Upturn SWOT Analysis

Strengths

  • Diversified brand portfolio serving various market segments (Fendt, Massey Ferguson, Challenger, Hesston, GSI).
  • Strong global distribution and service network.
  • Commitment to innovation and investment in precision agriculture technology.
  • Significant market share in key product categories like tractors and hay equipment.
  • Experienced management team with deep industry knowledge.

Weaknesses

  • Dependence on agricultural cycles and commodity prices.
  • Competition from larger players like John Deere.
  • Potential for supply chain disruptions affecting production and profitability.
  • Brand perception may vary across different regions and product lines.

Opportunities

  • Growing global demand for food and increasing need for efficient farming practices.
  • Advancements in precision agriculture, automation, and AI in farming.
  • Expansion in emerging markets with increasing agricultural mechanization.
  • Development of sustainable and eco-friendly agricultural solutions.
  • Potential for further strategic acquisitions to expand product offerings or market reach.

Threats

  • Economic downturns impacting farm income and equipment purchases.
  • Increasingly stringent environmental regulations.
  • Volatile raw material costs.
  • Geopolitical instability affecting global trade and supply chains.
  • Intensifying competition and price wars.

Competitors and Market Share

Key competitor logo Key Competitors

  • John Deere (DE)
  • CNH Industrial N.V. (CNHI)
  • Deere & Company (DE)

Competitive Landscape

AGCO competes in a market dominated by a few large players. Its strengths lie in its premium brands like Fendt and its comprehensive product range. However, it faces challenges from larger competitors with more extensive R&D budgets and broader market penetration in certain segments. AGCO's strategy of focusing on technology and specialized solutions helps it carve out a strong market position.

Major Acquisitions

GSI

  • Year: 2011
  • Acquisition Price (USD millions): 300
  • Strategic Rationale: To expand AGCO's presence in the grain storage and handling market and enhance its farm solutions portfolio.

Lely's crop residue management and grassland product lines

  • Year: 2023
  • Acquisition Price (USD millions): 100
  • Strategic Rationale: To strengthen AGCO's position in the hay and forage sector and expand its product offering in this critical area.

Growth Trajectory and Initiatives

Historical Growth: AGCO has experienced robust historical growth, fueled by organic expansion, strategic acquisitions, and the increasing adoption of advanced agricultural technologies. The company has successfully diversified its geographic presence and product offerings.

Future Projections: Analyst projections for AGCO's future growth are generally positive, anticipating continued revenue expansion driven by demand for modern farming equipment, precision agriculture solutions, and growth in emerging markets. Profitability is expected to be supported by operational improvements and a favorable product mix.

Recent Initiatives: Recent strategic initiatives include investments in smart farming technologies, expansion of its digital platforms, focus on sustainability, and continued integration of acquired businesses. The company is also enhancing its dealer network and aftermarket support.

Summary

AGCO Corporation is a strong player in the global agricultural equipment market, demonstrating consistent growth and a commitment to innovation, particularly in precision agriculture. Its diversified brand portfolio and extensive distribution network are key strengths. However, the company remains susceptible to the cyclical nature of agriculture and faces intense competition from larger players. Continued investment in technology and expansion in emerging markets will be crucial for its future success.

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Sources and Disclaimers

Data Sources:

  • AGCO Corporation Investor Relations
  • Financial News Outlets (e.g., Bloomberg, Reuters)
  • Industry Research Reports
  • Company Filings (e.g., SEC filings)

Disclaimers:

This information is for illustrative purposes only and should not be considered financial advice. Market share data and financial metrics are estimates and may vary depending on the source and methodology. Future performance is not guaranteed.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About AGCO Corporation

Exchange NYSE
Headquaters Duluth, GA, United States
IPO Launch date 1992-04-16
Chairman, President & CEO Mr. Eric P. Hansotia
Sector Industrials
Industry Farm & Heavy Construction Machinery
Full time employees 22000
Full time employees 22000

AGCO Corporation manufactures and distributes agricultural equipment and replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company also provides grain storage bins and related drying and handling equipment systems; seed-processing systems; swine and poultry feed storage and delivery systems; ventilation and watering systems; and egg production systems and broiler production equipment. In addition, it offers round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in cattle, dairy, horse, and renewable fuel industries. Further, the company provides implements, including disc harrows leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; planters and other planting equipment; and loaders. Additionally, it offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, including self-propelled, three- and four-wheeled vehicles, and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground, as well as produces diesel engines, gears, and generating sets. The company markets its products under the Fendt, Massey Ferguson, PTx, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.