NASDAQ:AGFY

Agrify Stock Forecast, Price & News

$12.67

-0.22 (-1.71 %)

(As of 03/2/2021 12:00 AM ET)

Add

Compare

Today's Range

$12.55

Now: $12.67▼

$14.00

50-Day Range N/A

52-Week Range

$10.59

Now: $12.67▼

$21.43

Volume1.71 million shs

Average Volume1.26 million shs

Market Capitalization$173.15 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Agrify Corporation develops precision hardware and software grow solutions for the indoor agriculture marketplace. The company offers vertical farming units, 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 founded in 2016 and is based in Burlington, Massachusetts.

Headlines

Agrify Announces the Formation of Strategic Advisory Board
February 24, 2021 | finance.yahoo.com

Agrify Corporation Appoints Stuart Wilcox to its Board of Directors
February 22, 2021 | finance.yahoo.com

Agrify Enters into Binding Letter of Intent for an Additional $3M Contract with Hannah Industries for Facility Build-Out and Installation of 179 Vertical Farming Units
February 19, 2021 | finance.yahoo.com

Agrify Poised To Raise An Additional $75M In Financing
February 17, 2021 | benzinga.com

Agrify Announces Pricing of $75 Million Public Offering of Common Stock
February 16, 2021 | finance.yahoo.com

Agrify Offers New Data Insights Through Partnership with Confident Cannabis
February 11, 2021 | finance.yahoo.com

Agrify™ Streamlines Seed to Harvest Compliance with Integration of Metrc
February 4, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Specialty Business Services

Sub-IndustryN/A

SectorIndustrials

Current SymbolNASDAQ:AGFY

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.agrify.com

Phone617 896 5243

Employees40

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares13,666,000

Market Cap$173.15 million

Next Earnings DateN/A

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.70 out of 5 stars

Industrials Sector

2nd out of 342 stocks

Specialty Business Services Industry

1st out of 8 stocks

3.5 Analyst's Opinion

Consensus Rating
Agrify has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.00, Agrify has a forecasted upside of 65.7% from its current price of $12.67.
Amount of Analyst Coverage
Agrify has only been the subject of 2 research reports in the past 90 days.

5.0 Community Rank

Outperform Votes
Agrify has received 3 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Agrify has received 0 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Agrify has received 100.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Agrify and other stocks. Vote “Outperform” if you believe AGFY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AGFY will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Agrify does not currently pay a dividend.
Dividend Growth
Agrify does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Agrify insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

$12.67

-0.22 (-1.71 %)

(As of 03/2/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive AGFY News and Ratings via Email

Sign-up to receive the latest news and ratings for AGFY and its competitors with MarketBeat's FREE daily newsletter.

Agrify (NASDAQ:AGFY) Frequently Asked Questions

Is Agrify a buy 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 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Agrify stock.
View analyst ratings for Agrify or view top-rated stocks.

What stocks does MarketBeat like better than Agrify?

Wall Street analysts have given Agrify a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Agrify wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What price target have analysts set for AGFY?

2 Wall Street analysts have issued 1 year price objectives for Agrify's shares. Their forecasts range from $20.00 to $22.00. On average, they expect Agrify's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 65.7% from the stock's current price.
View analysts' price targets for Agrify or view top-rated stocks among Wall Street analysts.

Who are Agrify's key executives?

Agrify's management team includes the following people:

Mr. Raymond Nobu Chang, Pres, CEO & Chairman of Directors (Age 50, Pay $188.27k)
Mr. Niv Krikov, Chief Financial Officer (Age 50, Pay $172.93k)
Mr. Robert Harrison, Chief Operating Officer (Age 49, Pay $175k)
Mary Anne Squillace C.P.A., CGMA, VP of Fin., Accounting & HR and Treasurer
Mr. Richard A. Stamm, VP, Gen. Counsel & Sec. (Age 54)

Who are some of Agrify's key competitors?

Some companies that are related to Agrify include Water Intelligence plc (WATR.L) (WATR), Aimia (GAPFF), Capita (CTAGF), Cellnet Group (CLT), De La Rue (DLUEY), Hyve Group (ITEPF), IWG (IWGFF), Mader Group (MAD), PARK24 (PKCOY), Straker Translations (STG) and Transcontinental (TCLAF).
View all of AGFY's competitors.

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 $8.00-$10.00 per share. Maxim Group and Roth Capital Partners served as the underwriters for the IPO.

What is Agrify's stock symbol?

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

When does Agrify's quiet period expire?

Agrify's quiet period expires on Tuesday, March 9th. Agrify had issued 5,400,000 shares in its initial public offering on January 28th. The total size of the offering was $54,000,000 based on an initial share price of $10.00. During Agrify's quiet period, insiders and any underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.

How do I buy shares of Agrify?

Shares of AGFY 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 $12.67.

How much money does Agrify make?

Agrify has a market capitalization of $173.15 million.

How many employees does Agrify have?

Agrify employs 40 workers across the globe.

What is Agrify's official website?

The official website for Agrify is www.agrify.com.

How can I contact Agrify?

The company can be reached via phone at 617 896 5243.

This page was last updated on 3/3/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here