Bunge Global (NYSE:BG) Announces Quarterly Earnings Results

Bunge Global (NYSE:BG) issued its earnings results on Wednesday. The basic materials company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.97 by $0.03, Zacks reports. The company had revenue of $24.04 billion during the quarter, compared to analysts’ expectations of $22.81 billion. Bunge Global had a net margin of 1.10% and a return on equity of 9.15%. The business’s revenue for the quarter was up 88.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.31 EPS. Bunge Global updated its FY 2026 guidance to 9.250-9.750 EPS.

Here are the key takeaways from Bunge Global’s conference call:

• Bunge raised its 2026 adjusted EPS outlook to $9.25–$9.75 from $9.00–$9.50, citing stronger soybean processing and refining results and slightly improved softseed expectations.
• Second-quarter adjusted EPS increased to $2.00 from $1.31 year over year, while adjusted segment EBIT rose to $796 million from $373 million, led by improved soy and softseed processing across the Americas and Europe.
• Viterra integration synergies are running ahead of plan; Bunge raised its cost-synergy target from $250 million to $350 million and said the expanded origination, processing, logistics, and customer network is creating additional commercial upside.
• The company expects second-half earnings to be weighted toward the fourth quarter, with Q3 contributing in the low 40% range and Q4 in the high 50% range; visibility remains limited because of geopolitical tensions, volatile trade flows, energy costs, and regional crop uncertainty.
• Grain merchandising and milling is expected to underperform the prior outlook, while higher working-capital needs may limit additional share repurchases in the second half despite the completed $2 billion Viterra-related buyback program.

Bunge Global Price Performance

Shares of BG traded up $0.48 during mid-day trading on Friday, reaching $105.55. The company had a trading volume of 341,082 shares, compared to its average volume of 1,705,060. The company has a market capitalization of $20.48 billion, a price-to-earnings ratio of 20.49 and a beta of 0.65. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.69 and a current ratio of 1.57. The company’s 50 day simple moving average is $117.72 and its 200 day simple moving average is $119.69. Bunge Global has a 1-year low of $76.01 and a 1-year high of $134.87.

Analyst Upgrades and Downgrades

Several brokerages have commented on BG. Barclays boosted their price objective on shares of Bunge Global from $145.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Bunge Global in a report on Friday, May 22nd. Finally, Zacks Research upgraded Bunge Global from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $132.67.

Institutional Trading of Bunge Global

A number of hedge funds have recently added to or reduced their stakes in the stock. CYBER HORNET ETFs LLC acquired a new position in Bunge Global in the 2nd quarter worth about $31,000. MUFG Securities EMEA plc acquired a new stake in shares of Bunge Global during the second quarter valued at about $32,000. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in shares of Bunge Global by 152.9% during the third quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 430 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 260 shares in the last quarter. Rakuten Securities Inc. grew its holdings in shares of Bunge Global by 57.7% during the second quarter. Rakuten Securities Inc. now owns 481 shares of the basic materials company’s stock worth $39,000 after purchasing an additional 176 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of Bunge Global in the fourth quarter valued at approximately $70,000. Institutional investors and hedge funds own 86.23% of the company’s stock.

Bunge Global Company Profile

Bunge Global is a leading agribusiness and food company that processes oilseeds and grains, produces sugar and bioenergy, and supplies fertilizers and other agricultural inputs. The company operates an integrated value chain that spans origination, processing, and distribution, enabling it to serve food processors, livestock producers, and retail customers worldwide. Through its network of processing plants, port terminals and logistics assets, Bunge handles a diverse portfolio of commodities, including soybeans, corn, wheat, vegetable oils, and sugarcane.

The company’s core business activities are organized into agribusiness and food & ingredients segments.