Mission Produce (AVO) Expected to Announce Earnings on Tuesday

Key Points

• Mission Produce is expected to report Q3 2026 earnings after market close on September 8. Analysts project earnings of $0.115 per share on revenue of approximately $367.6 million.
• The company authorized a $100 million share-repurchase plan, allowing it to buy back up to 13.8% of outstanding shares. Insiders have also been active buyers, acquiring more than 3.35 million shares over the past quarter.
• AVO has a “Moderate Buy” consensus rating with an average price target of $16.67, compared with its recent price of $12.72, although some analysts recently downgraded the stock.

Mission Produce (NASDAQ:AVO - Get Free Report) will likely be releasing its Q3 2026 results after the market closes on Tuesday, September 8th. Analysts expect Mission Produce to announce earnings of $0.1150 per share and revenue of $367.5750 million for the quarter. Parties are encouraged to explore the company's upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Tuesday, September 8, 2026 at 5:00 PM ET.

Mission Produce Stock Performance

AVO stock opened at $12.72 on Tuesday. The firm has a market cap of $1.12 billion, a PE ratio of 39.75 and a beta of 0.49. The company has a current ratio of 1.91, a quick ratio of 1.12 and a debt-to-equity ratio of 0.22. The stock has a 50-day moving average price of $12.83 and a 200-day moving average price of $12.97. Mission Produce has a 1-year low of $10.07 and a 1-year high of $15.53.

Mission Produce announced that its Board of Directors has approved a stock repurchase plan on Monday, June 8th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the company to reacquire up to 13.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts recently commented on AVO shares. UBS Group set a $16.00 target price on Mission Produce in a report on Wednesday, June 10th. Wall Street Zen cut Mission Produce from a "hold" rating to a "sell" rating in a report on Saturday, June 13th. Finally, Weiss Ratings downgraded shares of Mission Produce from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $16.67.

Insider Transactions at Mission Produce

In other news, major shareholder Holdings Venture Globalharvest purchased 592,957 shares of the company's stock in a transaction that occurred on Thursday, July 9th. The shares were acquired at an average cost of $13.28 per share, with a total value of $7,874,468.96. Following the purchase, the insider owned 12,963,396 shares in the company, valued at $172,153,898.88. This represents a 4.79% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bruce C. Taylor acquired 70,283 shares of Mission Produce stock in a transaction on Tuesday, June 23rd. The stock was purchased at an average cost of $11.25 per share, with a total value of $790,683.75. Following the purchase, the director directly owned 855,842 shares of the company's stock, valued at approximately $9,628,222.50. This trade represents a 8.95% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 3,352,161 shares of company stock valued at $42,458,664. 30.85% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Mission Produce

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Quarry LP bought a new position in Mission Produce in the 3rd quarter valued at about $29,000. Tower Research Capital LLC TRC increased its holdings in Mission Produce by 211.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,649 shares of the company's stock worth $54,000 after purchasing an additional 3,158 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in Mission Produce by 466.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 7,035 shares of the company's stock worth $82,000 after purchasing an additional 5,792 shares in the last quarter. Virtus Advisers LLC purchased a new stake in shares of Mission Produce in the third quarter worth approximately $95,000. Finally, Virtu Financial LLC bought a new position in shares of Mission Produce in the fourth quarter valued at approximately $133,000. 63.57% of the stock is owned by institutional investors.

Mission Produce Company Profile

Mission Produce, Inc is a leading global supplier, packer and distributor of fresh avocados, serving retail, foodservice and industrial customers. The company manages a vertically integrated supply chain that spans sourcing, post-harvest handling, packing and ripening. Through proprietary ripening technologies and cold-chain logistics, Mission Produce delivers consistent quality and extended shelf life for its avocado offerings.

Founded in 1983 and headquartered in Oxnard, California, Mission Produce grew from a regional packing operation into a publicly traded company listed on the Nasdaq under the ticker AVO.

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