Want to see BG full AI Analyst Report?
Top Page
Bunge Global
(NYSE:BG)
Select Model
Select Model
Rating:59Neutral
Price Target:
$118.00
â–²(5.76% Upside)
Action:Reiterated
Date:09/22/26
The score is held back mainly by weaker financial quality signals—thin and declining margins, higher leverage with reduced ROE, and historically volatile cash flow—despite improved recent free cash flow. Offsetting this, the latest earnings call was notably positive with raised EPS guidance and strong segment EBIT/synergy progress. Technicals are currently soft (below key moving averages with a weak RSI), while valuation is moderate with a supportive dividend yield.
Positive Factors
Integrated agribusiness network
Bunge’s integrated network connects origination, storage, transport, processing and value-added products across global markets. This supports scale, logistics optimization, product diversification and the ability to capture margins at multiple stages of the agricultural value chain.
Negative Factors
Compressed profit margins
The decline in net margin shows that stronger revenue growth is not translating proportionally into earnings. Persistent pressure on pricing and processing spreads could reduce the company’s profitability floor and make results more sensitive to commodity-cycle conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated agribusiness network
Bunge’s integrated network connects origination, storage, transport, processing and value-added products across global markets. This supports scale, logistics optimization, product diversification and the ability to capture margins at multiple stages of the agricultural value chain.
Read all positive factors
Bunge Global Key Performance Indicators (KPIs)
Any
Soybeans Processed Volumes
Tracks how many soybeans are converted into products like meal and oil, which determines the company’s ability to capture processing margins (the crush spread). Strong processing volumes boost value-added revenue but also make earnings sensitive to feedstock costs and downstream demand for oil and meal.
Tracks how many soybeans are converted into products like meal and oil, which determines the company’s ability to capture processing margins (the crush spread). Strong processing volumes boost value-added revenue but also make earnings sensitive to feedstock costs and downstream demand for oil and meal.
Data provided by:
The Fly
The FlyBunge Global (BG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$19.79B
Dividend Yield2.78%
Average Volume (3M)1.83M
Price to Earnings (P/E)19.7
Beta (1Y)0.07
Revenue Growth80.50%
EPS Growth-48.63%
CountryUS
Employees34,000
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)5.19
Shares Outstanding192,119,130
10 Day Avg. Volume1,533,950
30 Day Avg. Volume1,833,600
Financial Highlights & Ratios
PEG Ratio-0.46
Price to Book (P/B)0.92
Price to Sales (P/S)0.21
P/FCF Ratio-16.73
Enterprise Value/Market Cap1.94
Enterprise Value/Revenue0.42
Enterprise Value/Gross Profit8.48
Enterprise Value/Ebitda12.30
Forecast
1Y Price Target
$146.80Price Target Upside31.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)9.42
Revenue Forecast (FY)$92.58B
Bunge Global Business Overview & Revenue Model
Company Description
Bunge Global S.A., established in 1818 and headquartered in St. Louis, Missouri, operates as a prominent international agribusiness and food corporation. Its diverse operations are categorized into four main divisions: Agribusiness, Refined and Sp...
How the Company Makes Money
Bunge primarily makes money by buying, moving, transforming, and selling agricultural commodities and related products through a combination of merchandising (trading/marketing) and processing/manufacturing activities.
1) Merchandising / originat...
Bunge Global Earnings Call Summary
Earnings Call Date:Jul 29, 2026
(Q2-2026)
| % Change Since: |
Next Earnings Date:Oct 29, 2026
Earnings Call Sentiment Positive
The call highlighted strong operational and financial momentum: materially higher adjusted EBIT (+~113%), large increases in adjusted EPS (+~53%), improved guidance (FY26 adjusted EPS raised to $9.25–$9.75), successful completion of the Viterra-related share repurchase, positive synergy progress and healthy liquidity and returns that exceed cost of capital. Offsetting risks include net debt exceeding readily marketable inventory by $1.0 billion, higher interest expense, weaker grain merchandising/sugar results, and significant macro/geopolitical/weather uncertainty that could weigh on future performance. On balance, the positive operational execution, raised guidance, and return metrics outweigh the lowlights and transitory timing effects.Positive Updates
Strong EPS and Adjusted EPS Improvement
Reported Q2 EPS of $3.47 vs $2.61 a year ago (+33.0%). Adjusted EPS of $2.00 vs $1.31 a year ago (+52.7%). Reported result included a favorable mark-to-market timing difference of $1.67 per share and an unfavorable Viterra transaction/integration cost of $0.20 per share.
Negative Updates
Net Debt Exceeds Readily Marketable Inventory
At quarter end, net debt exceeded readily marketable inventory (RMI) by $1.0 billion, a potential liquidity/working-capital structural consideration despite overall strong committed facilities.
Read all updates
Q2-2026 Updates
Positive
Negative
Strong EPS and Adjusted EPS Improvement
Reported Q2 EPS of $3.47 vs $2.61 a year ago (+33.0%). Adjusted EPS of $2.00 vs $1.31 a year ago (+52.7%). Reported result included a favorable mark-to-market timing difference of $1.67 per share and an unfavorable Viterra transaction/integration cost of $0.20 per share.
Read all positive updates
Company Guidance
Bunge raised full‑year 2026 adjusted EPS guidance to $9.25–$9.75 (up from $9.00–$9.50) and reiterated an adjusted effective tax rate of 22–26%, net interest expense of $620–$660 million, capital expenditures of $1.5–$1.7 billion and depreciation & amortization of ~ $975 million. At quarter end adjusted leverage was 1.9x and net debt exceeded readily marketable inventory by about $1.0 billion; liquidity included ~$9.7 billion of committed facilities (≈$8.8 billion unused) and ~$2.4 billion available on a $3.0 billion commercial paper program. Trailing‑12‑month adjusted ROIC was 8.4% (9.3% adjusted for construction‑in‑progress/excess cash) and ROIC 6.8% (7.2% adjusted); TTM discretionary cash flow was ~$1.7 billion and YTD adjusted FFO was ~$1.3 billion, leaving ~ $1.1 billion of discretionary cash after $238 million of sustaining CapEx; YTD uses included $275 million of dividends, $541 million of growth/productivity CapEx, $105 million acquisition spend and ~ $250 million of share repurchases (completing a $2.0 billion Viterra‑related program) for a net use of $117 million. Management also noted a slight H2 weighting shift (Q3 low‑40% / Q4 high‑50%) and updated segment outlooks: Soybean Processing & Refining higher, Softseed Processing & Refining slightly higher, Tropical Oils unchanged, Grain Merchandising & Milling lower, Corporate unchanged.Bunge Global Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
57
Neutral
Cash Flow
48
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 91.82B | 70.33B | 53.11B | 59.54B | 67.23B | 59.15B |
| Gross Profit | 4.52B | 3.41B | 3.39B | 4.84B | 3.68B | 3.36B |
| EBITDA | 3.12B | 2.46B | 2.46B | 4.02B | 2.81B | 3.23B |
| Net Income | 1.01B | 816.00M | 1.14B | 2.24B | 1.61B | 2.08B |
Balance Sheet | ||||||
| Total Assets | 46.78B | 44.53B | 24.90B | 25.37B | 24.58B | 23.82B |
| Cash, Cash Equivalents and Short-Term Investments | 593.00M | 2.20B | 3.79B | 2.71B | 1.22B | 1.42B |
| Total Debt | 16.81B | 15.86B | 7.12B | 5.76B | 5.62B | 6.82B |
| Total Liabilities | 29.44B | 27.11B | 13.95B | 13.56B | 14.62B | 15.61B |
| Stockholders Equity | 15.95B | 15.90B | 9.91B | 10.85B | 9.22B | 7.67B |
Cash Flow | ||||||
| Free Cash Flow | -711.00M | -879.00M | 524.00M | 2.19B | -6.10B | -3.29B |
| Operating Cash Flow | 1.07B | 844.00M | 1.90B | 3.31B | -5.55B | -2.89B |
| Investing Cash Flow | -5.40B | -5.23B | -1.11B | -1.01B | 6.50B | 5.11B |
| Financing Cash Flow | -1.88B | 2.23B | -90.00M | -856.00M | -769.00M | -1.63B |
Bunge Global Technical Analysis
Negative
111.57
Price Trends
112.45
Negative
113.89
Negative
116.12
Negative
Market Momentum
-2.60
Positive
36.14
Neutral
10.37
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BG, the sentiment is Negative. The current price of 111.57 is above the 20-day moving average (MA) of 106.48, below the 50-day MA of 112.45, and below the 200-day MA of 116.12, indicating a bearish trend. The MACD of -2.60 indicates Positive momentum. The RSI at 36.14 is Neutral, neither overbought nor oversold. The STOCH value of 10.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BG.
Bunge Global Risk Analysis
Bunge Global disclosed 29 risk factors in its most recent earnings report. Bunge Global reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Bunge Global Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.23B | 12.61 | 14.15% | 1.22% | -5.20% | 120.12% | |
64 Neutral | $38.78B | 21.74 | 7.73% | 2.61% | -0.79% | 60.09% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
59 Neutral | $19.79B | 19.70 | 6.33% | 2.78% | 80.50% | -48.63% | |
56 Neutral | $1.37B | 145.80 | 3.03% | 3.12% | 7.20% | -10.41% | |
54 Neutral | $1.25B | 16.76 | 4.38% | 2.59% | 8.32% | 208.64% |
* Consumer Defensive Sector Average
BG
Bunge Global
102.23
7.96
8.44%
AGRO
Adecoagro SA
9.48
1.85
24.21%
ADM
Archer Daniels Midland
79.36
18.63
30.67%
ANDE
The Andersons
65.70
19.70
42.83%
AFRI
Forafric Global
11.97
2.99
33.30%
DOLE
Dole
13.11
0.36
2.82%
Bunge Global Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Bunge Global Extends Key Revolving Credit Facilities
Positive
Sep 21, 2026
On September 17, 2026, Bunge Limited Finance Corp., Bunge Finance Europe B.V., and their creditors agreed to extend three major unsecured revolving credit facilities that support Bunge Global SA’s financing structure. Effective October 2, 20...
Executive/Board Changes
Bunge Global Announces Planned Controller and CAO Succession
Positive
Sep 3, 2026
On September 1, 2026, Bunge Global SA announced that long‑serving Controller and Chief Accounting Officer Matt Simmons plans to retire effective March 31, 2027, and will remain during a transition period, with the company stressing that his ...
Business Operations and StrategyPrivate Placements and Financing
Bunge Global Completes $600 Million Senior Notes Offering
Positive
Aug 19, 2026
On August 19, 2026, Bunge Limited Finance Corp., a wholly owned subsidiary of Bunge Global SA, completed a public offering of $600 million in 5.000% senior unsecured notes due 2031, fully and unconditionally guaranteed by Bunge. The transaction, p...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.