| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 35 | 712.9x | 17.8x | Bottom tier | |
Growth | 44 | -6.2% | 7.1% | Around median | |
Quality | 16 | 1.2% | 4.5% | Bottom tier | |
Safety | 53 | 6.9x | 2.6x | Around median | |
Capital Return | 16 | — | 2.12% | Bottom tier | |
Momentum | 55 | 5.4% | 2.9% | Around median | |
Sentiment | 87 | 2 | 3 | Top tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Mission Produce operates through an integrated platform for sourcing, growing, packing, and distributing avocados, leveraging multiple sources including Mexico, California, and Peru to serve customer programs in North America, Europe, Asia, and other markets. Following the acquisition of Calavo, the platform expanded to include additional customer relationships and greater packing capacity in Mexico and California, alongside a Prepared Foods segment that sells value-added avocado products, particularly guacamole. The company generates revenue from three reportable segments: Marketing and Distribution, International Farming, which sells production from its farms in Peru to third parties and its distribution network, and Prepared Foods.
In fiscal 2026 Q3, revenue rose 26% year over year to $450 million, driven by a 38% increase in avocado volume sold to approximately 253 million pounds, reflecting the addition of Calavo and growth in Mission's legacy business. By contrast, the average per-unit avocado selling price declined 9%, and gross profit remained nearly flat at $44.7 million versus $45.1 million, while gross margin decreased 270 basis points to 9.9%. The company recorded a net loss of $6.5 million, or $0.08 per diluted share, while adjusted net income was $15 million, adjusted earnings per share were $0.18, and adjusted earnings before interest, taxes, depreciation, and amortization were $32.4 million, exceeding the upper end of the $28–32 million guidance range.
Marketing and Distribution was the largest driver in fiscal 2026 Q3, generating revenue of $414.3 million and adjusted earnings before interest, taxes, depreciation, and amortization of $24.7 million, compared with $344.1 million and $20 million a year earlier. International Farming generated sales of $45.8 million, including $14.8 million to third parties and $31 million from intersegment transactions, with adjusted earnings of $7.6 million. Prepared Foods, which included only the post-acquisition period rather than a full quarter, recorded sales of $15.5 million and adjusted earnings of $0.2 million.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is "Buy" with an average price target of $16, and both the highest and lowest targets are $16; this target is only approximately 3% above the upper end of the 52-week range of $15.53, while the range extends down to $10.07. By contrast, the earnings analysis published on September 8, 2026 cited an earnings multiple of 39 times, a valuation that requires a clear improvement in earnings following the fiscal 2026 Q3 loss and Calavo integration costs, even with the annual savings target raised to more than $30 million.
Figures in the text are as of 2026-09-10; the live price is shown at the top of the page.
Mission Produce's revenue rose 26% to $450 million because avocado volume sold increased 38% to approximately 253 million pounds due to the addition of Calavo and growth in Mission's legacy business. However, the average per-unit selling price declined 9% because of increased industry supply. As a result, gross profit remained nearly flat at $44.7 million versus $45.1 million, and gross margin declined 270 basis points to 9.9%.
On September 8, 2026, the company raised its estimate of annual savings from at least $25 million to more than $30 million, driven by opportunities in general and administrative expenses, transportation, the network, procurement, and packing. It expects a limited contribution from these savings in fiscal 2026 Q4, increasing during fiscal 2027. By contrast, fiscal 2026 Q3 included $12.6 million in transaction and integration costs, and long-term debt rose to approximately $400.3 million as of July 31, 2026.
Management expects adjusted earnings before interest, taxes, depreciation, and amortization of between $52 million and $55 million in fiscal 2026 Q4, compared with $32.4 million in Q3. The guidance is based on selling a larger proportion of the owned Peru crop, seasonally higher blueberry activity, including Calavo for a full quarter, and improved avocado margins. Peru's exportable production is also estimated at 120–130 million pounds versus 105 million pounds in the previous season, and only approximately 53 million pounds had been sold by the end of Q3.
Fiscal 2026 Q3 showed approximately 9% growth in avocado volume at U.S. retailers, while consumption exceeded 10 pounds per capita fiscal 2026 year to date, up 12% from the prior year. Household penetration also increased by approximately 50 basis points, and the estimated share of Mission's legacy business in the U.S. retail market rose by approximately 60 basis points. However, the 9% decline in the average selling price pressured International Farming's profit, meaning that strong demand does not eliminate earnings sensitivity to abundant supply and prices.
The GAAP net loss was $6.5 million, or $0.08 per diluted share, and included integration and transaction costs, acquisition accounting effects, and higher interest expense. By contrast, the company generated adjusted net income of $15 million and adjusted earnings per share of $0.18, while adjusted earnings before interest, taxes, depreciation, and amortization were $32.4 million. The latter exceeded the upper end of the company's $28–32 million guidance, supported by International Farming and Calavo's post-acquisition performance.
The Calavo acquisition added an established platform for value-added avocado products, particularly guacamole, to Mission Produce, expanding its business beyond fresh avocados. The segment recorded sales of $15.5 million and adjusted earnings before interest, taxes, depreciation, and amortization of $0.2 million during the post-acquisition period in fiscal 2026 Q3, a period that does not represent a full quarter. Management is focused on operating stability, service, and productivity, while evaluating capacity needs at the Mexico facility and leveraging Mission's global network and the combined customer relationships.
