Agrify - AGFY Stock Forecast, Price & News

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.

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

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%.

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

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.

(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.

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

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

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.

The company employs 136 workers across the globe.

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.