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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
This Tech Stock Could be the Next Amazon (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
3 Secrets To Consistent Trading Success (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Intensity and insults rise as lawmakers debate debt ceiling
3 Secrets To Consistent Trading Success (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
This Tech Stock Could be the Next Amazon (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
3 Secrets To Consistent Trading Success (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Intensity and insults rise as lawmakers debate debt ceiling
3 Secrets To Consistent Trading Success (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Closing prices for crude oil, gold and other commodities
This Tech Stock Could be the Next Amazon (Ad)pixel
MarketBeat Week in Review – 3/27 - 3/31
UK travelers face hours-long waits for ferries to France
3 Secrets To Consistent Trading Success (Ad)pixel
Credit Suisse takeover hits heart of Swiss banking, identity
Intensity and insults rise as lawmakers debate debt ceiling
3 Secrets To Consistent Trading Success (Ad)pixel
UN body mulls deep sea mining amid demand for minerals
Canada approves largest telecom deal in country's history
NASDAQ:AGFY

Agrify - AGFY Stock Forecast, Price & News

$0.17
+0.01 (+6.25%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$0.15
$0.17
50-Day Range
$0.15
$0.59
52-Week Range
$0.15
$54.10
Volume
916,208 shs
Average Volume
601,720 shs
Market Capitalization
$3.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$38.25

Agrify MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
22,400.0% Upside
$38.25 Price Target
Short Interest
Healthy
3.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.51mentions of Agrify in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($25.32) to ($1.18) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars


AGFY stock logo

About Agrify (NASDAQ:AGFY) Stock

Agrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Billerica, Massachusetts.

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AGFY Stock News Headlines

Stocks are for suckers – try this instead
This has nothing to do with dividends, day trading... taking out a loan... or anything like that. What you need is about 3 seconds to execute this simple financial maneuver...
Agrify Announces Closing of $8.7 Million Public Offering
Why Is Agrify (AGFY) Stock Down 50% Today?
Agrify Announces Pricing of Public Offering
Agrify Announces Launch of Public Offering
Stocks are for suckers – try this instead
This has nothing to do with dividends, day trading... taking out a loan... or anything like that. What you need is about 3 seconds to execute this simple financial maneuver...
Agrify Third Quarter 2022 Earnings: Misses Expectations
Agrify Announces Results for Third Quarter 2022
Agrify to Host Third Quarter 2022 Results Conference Call
Analyzing Agrify's Short Interest
Agrify Surges After 1-For-10 Reverse Stock Split
Agrify Announces 1-For-10 Reverse Stock Split
See More Headlines
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AGFY Company Calendar

Last Earnings
5/16/2021
Today
4/01/2023
Next Earnings (Estimated)
4/05/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
N/A
Current Symbol
NASDAQ:AGFY
Fax
N/A
Employees
136
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$38.25
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$1.75
Forecasted Upside/Downside
+22,400.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-32,470,000.00
Net Margins
-208.40%
Pretax Margin
-208.72%

Debt

Sales & Book Value

Annual Sales
$59.86 million
Book Value
$64.61 per share

Miscellaneous

Free Float
18,148,000
Market Cap
$3.53 million
Optionable
Not Optionable
Beta
2.05

Key Executives

  • Mr. Raymond Nobu Chang Jr.Mr. Raymond Nobu Chang Jr. (Age 51)
    CEO, Chairman & Corp. Sec.
    Comp: $646.95k
  • Mr. Timothy R. Oakes (Age 54)
    Chief Financial Officer
    Comp: $120.26k
  • Mr. Stuart Anthony Wilcox (Age 61)
    Chief Operating Officer
    Comp: $46.36k
  • Mr. David Kessler
    Chief Scientific Officer
  • Rachel Soulsby
    VP of Marketing
  • Sheryl Elliott
    VP of HR
  • Mr. Robert Reed Harrison (Age 50)
    Sr. VP of Commercialization
  • J.D. Skinner
    Sr. VP of Operations
  • Mr. Tim Hayden
    Chief Revenue Officer













AGFY Stock - Frequently Asked Questions

Should I buy or sell Agrify stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Agrify in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AGFY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AGFY, but not buy additional shares or sell existing shares.
View AGFY analyst ratings
or view top-rated stocks.

What is Agrify's stock price forecast for 2023?

2 Wall Street research analysts have issued 12 month price objectives for Agrify's stock. Their AGFY share price forecasts range from $1.75 to $110.00. On average, they predict the company's share price to reach $38.25 in the next year. This suggests a possible upside of 22,400.0% from the stock's current price.
View analysts price targets for AGFY
or view top-rated stocks among Wall Street analysts.

How have AGFY shares performed in 2023?

Agrify's stock was trading at $0.3330 at the start of the year. Since then, AGFY stock has decreased by 48.9% and is now trading at $0.17.
View the best growth stocks for 2023 here
.

Are investors shorting Agrify?

Agrify saw a decrease in short interest in March. As of March 15th, there was short interest totaling 213,600 shares, a decrease of 38.4% from the February 28th total of 346,800 shares. Based on an average trading volume of 1,220,000 shares, the short-interest ratio is currently 0.2 days. Approximately 3.4% of the shares of the stock are short sold.
View Agrify's Short Interest
.

When is Agrify's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 5th 2023.
View our AGFY earnings forecast
.

How were Agrify's earnings last quarter?

Agrify Co. (NASDAQ:AGFY) announced its quarterly earnings results on Sunday, May, 16th. The company reported ($5.60) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($3.00) by $2.60. The firm had revenue of $7.01 million for the quarter, compared to the consensus estimate of $5.10 million. Agrify had a negative trailing twelve-month return on equity of 67.86% and a negative net margin of 208.40%.

What ETFs hold Agrify's stock?

ETFs with the largest weight of Agrify (NASDAQ:AGFY) stock in their portfolio include AXS Cannabis ETF (THCX).Cambria Cannabis ETF (TOKE).

When did Agrify's stock split?

Agrify shares reverse split before market open on Tuesday, October 18th 2022. The 1-10 reverse split was announced on Tuesday, October 18th 2022. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, October 18th 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Agrify IPO?

(AGFY) raised $45 million in an initial public offering (IPO) on Thursday, January 28th 2021. The company issued 5,000,000 shares at a price of $8.00-$10.00 per share. Maxim Group and Roth Capital Partners acted as the underwriters for the IPO.

What is Agrify's stock symbol?

Agrify trades on the NASDAQ under the ticker symbol "AGFY."

How do I buy shares of Agrify?

Shares of AGFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Agrify's stock price today?

One share of AGFY stock can currently be purchased for approximately $0.17.

How much money does Agrify make?

Agrify (NASDAQ:AGFY) has a market capitalization of $3.53 million and generates $59.86 million in revenue each year. The company earns $-32,470,000.00 in net income (profit) each year or ($62.02) on an earnings per share basis.

How many employees does Agrify have?

The company employs 136 workers across the globe.

How can I contact Agrify?

Agrify's mailing address is 101 Middlesex Turnpike Suite 6 PMB 326, Burlington MA, 01803. The official website for the company is www.agrify.com. The company can be reached via phone at 617-896-5243 or via email at ir@mattio.com.

This page (NASDAQ:AGFY) was last updated on 4/1/2023 by MarketBeat.com Staff