Mission Produce (AVO) Projected to Release Quarterly Earnings on Tuesday

Mission Produce (NASDAQ:AVO) is expected to post its Q3 2026 results after the market closes on Tuesday, September 8th. Analysts expect the company to announce earnings of $0.1150 per share and revenue of $367.5750 million for the quarter. Interested persons can find conference call details on 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

Shares of NASDAQ AVO opened at $12.68 on Friday. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of 39.63 and a beta of 0.48. The company has a current ratio of 1.91, a quick ratio of 1.12 and a debt-to-equity ratio of 0.22. Mission Produce has a 12 month low of $10.07 and a 12 month high of $15.53. The company has a 50 day simple moving average of $12.88 and a two-hundred day simple moving average of $12.94.

Mission Produce declared that its board has authorized a share buyback program on Monday, June 8th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to purchase up to 13.8% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other Mission Produce news, CFO Bryan E. Giles sold 5,000 shares of Mission Produce stock in a transaction on Monday, June 29th. The stock was sold at an average price of $12.13, for a total value of $60,650.00. Following the sale, the chief financial officer owned 146,931 shares in the company, valued at $1,782,273.03. The trade was a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jay A. Pack purchased 40,000 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was acquired at an average cost of $12.10 per share, for a total transaction of $484,000.00. Following the purchase, the director owned 579,965 shares in the company, valued at approximately $7,017,576.50. The trade was a 7.41% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 3,352,161 shares of company stock worth $42,458,664 in the last 90 days. 30.85% of the stock is owned by corporate insiders.

Institutional Trading of Mission Produce

Several institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Mission Produce by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,825 shares of the company’s stock worth $271,000 after buying an additional 1,092 shares during the period. Magnetar Financial LLC raised its stake in shares of Mission Produce by 12.6% in the 3rd quarter. Magnetar Financial LLC now owns 12,106 shares of the company’s stock valued at $146,000 after acquiring an additional 1,351 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Mission Produce by 12.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 18,598 shares of the company’s stock worth $218,000 after acquiring an additional 2,040 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Mission Produce by 5.1% in the 4th quarter. AQR Capital Management LLC now owns 43,646 shares of the company’s stock worth $506,000 after acquiring an additional 2,130 shares during the last quarter. Finally, Panagora Asset Management Inc. boosted its position in shares of Mission Produce by 2.8% during the 4th quarter. Panagora Asset Management Inc. now owns 77,860 shares of the company’s stock worth $903,000 after purchasing an additional 2,150 shares during the period. 63.57% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AVO has been the subject of a number of analyst reports. UBS Group set a $16.00 price target on Mission Produce in a research report on Wednesday, June 10th. Weiss Ratings lowered Mission Produce from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, June 9th. Finally, Wall Street Zen cut Mission Produce from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $16.67.

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.