Agrify (AGFY) AI Stock Analysis

• Market Cap: $35.75M
• Dividend Yield: N/A
• Average Volume (3M): 14.57K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.53
• Revenue Growth: -42.61%
• EPS Growth: 91.66%
• Country: US
• Employees: 11
• Sector: Industrials
• Sector Strength: 69
• Industry: Engineering & Construction
• EPS (TTM): -22.43
• Shares Outstanding: 1,952,032
• 10 Day Avg. Volume: 5,975
• 30 Day Avg. Volume: 14,568
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.72
• Price to Cash Flow (P/CF): -4.90
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Agrify's overall stock score is low due to significant financial difficulties, including declining revenues, persistent losses, and negative cash flows. Although technical indicators suggest potential short-term momentum and recent corporate events reflect strategic restructuring, these do not outweigh the current financial instability and poor valuation.

Agrify Business Overview & Revenue Model

Company Description

Agrify Corporation (AGFY) is a technology and services provider for the indoor agriculture industry, focusing on precision-controlled environments and vertical farming solutions. The company's offerings include advanced cultivation systems, integrated grow solutions, and comprehensive software and hardware platforms. Agrify aims to enhance the efficiency and profitability of indoor farming operations through its innovative products and services.

How the Company Makes Money

Agrify makes money primarily through the sale of its vertical farming systems and integrated grow solutions. The company offers a range of products, including proprietary cultivation equipment and software that optimizes the growing environment for various crops. Revenue is generated through direct sales of these products, as well as through ongoing service agreements and software licensing fees. Agrify may also engage in strategic partnerships and collaborations to enhance its offerings and expand its market reach, contributing to its overall revenue streams.

Agrify Financial Statement Overview

Summary

Agrify is facing significant financial challenges, with declining revenues and persistent losses. The balance sheet indicates issues with equity and leverage, and the cash flow statement underscores struggles to generate positive cash flows, raising concerns about its financial sustainability.

Income Statement

Agrify has experienced a significant decline in revenue over the past few years, with a severe drop in total revenue from 2022 to 2023. The company also shows negative net and gross profit margins, indicating a lack of profitability. The consistently negative EBIT and EBITDA margins further highlight operational challenges.

Balance Sheet

The balance sheet reveals a moderately concerning financial situation with fluctuating equity. While the company has reduced its total debt significantly, the debt-to-equity ratio remains unfavorable due to negative equity in previous years. The equity ratio is improving, yet it is still below optimal levels for financial stability.

Cash Flow

Agrify's cash flow statement indicates negative free cash flow across multiple years, showing an inability to generate positive cash flow from operations. The operating cash flow to net income ratio is unfavorable, pointing to challenges in converting earnings into cash. The lack of sustainable free cash flow growth is a concern.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
9.68M	16.87M	58.26M	59.86M	12.09M
	Gross Profit
665.00K	5.28M	-31.80M	5.23M	570.00K
	EBIT
-10.21M	-18.98M	-193.33M	-33.66M	-12.62M
	EBITDA
-26.68M	-18.26M	-118.93M	-30.99M	-12.13M
	Net Income Common Stockholders
-41.75M	-18.65M	-188.17M	-32.33M	-30.64M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
31.17M	434.00K	10.92M	56.56M	8.11M
	Total Assets
54.02M	45.27M	69.69M	182.05M	21.84M
	Total Debt
1.04M	23.25M	31.71M	2.62M	13.47M
	Net Debt
-30.13M	22.82M	21.26M	-9.39M	5.36M
	Total Liabilities
25.93M	59.98M	78.73M	44.62M	28.29M
	Stockholders Equity
27.86M	-14.94M	-9.27M	137.06M	-6.68M
Cash Flow		Free Cash Flow
-11.59M	-31.03M	-80.16M	-32.47M	-14.92M
	Operating Cash Flow
-11.58M	-30.97M	-72.02M	-30.15M	-14.78M
	Investing Cash Flow
-54.00K	25.17M	-2.32M	-104.74M	-1.23M
	Financing Cash Flow
42.37M	-4.23M	72.78M	138.79M	23.91M

Agrify Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 18.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AGFY, the sentiment is Positive. The current price of 18.32 is below the 20-day moving average (MA) of 18.61, below the 50-day MA of 19.76, and above the 200-day MA of 15.01, indicating a neutral trend. The MACD of -0.45 indicates Negative momentum. The RSI at 48.80 is Neutral, neither overbought nor oversold. The STOCH value of 62.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AGFY.

Agrify Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IIPR	75 Outperform	$1.40B	8.93	8.20%	15.40%	-0.32%	-4.24%
Sector *	62 Neutral	$7.62B	13.01	3.19%	3.32%	3.77%	-14.28%
SMG	45 Neutral	$2.94B	―	4.98%	5.16%	3.61%	94.27%
VFF	45 Neutral	$56.38M	―	-12.88%	―	17.71%	-10.34%
GRWG	43 Neutral	$52.74M	―	-33.74%	―	-16.39%	-9.08%
HYFM	41 Neutral	$12.50M	―	-25.94%	―	-16.02%	-1.84%
AGFY	39 Underperform	$35.75M	―	-438.92%	―	-42.61%	91.66%

Agrify Corporate Events

Agrify Announces Shared Services Agreement with Vision Management

On March 21, 2025, Agrify Corporation announced a Shared Services Agreement with Vision Management Services, a subsidiary of Green Thumb Industries, to provide CFO services. The company reported a revenue of $9.7 million for 2024, down from $15.1 million in 2023, and an operating loss of $10.2 million. Recent developments include securing $20 million in convertible note financing, raising $25.9 million through a private placement, and acquiring assets from Double or Nothing LLC. Agrify also sold its legacy Cultivation business and announced a partnership with The Salt Shed for its Señorita brand. The company appointed Brad Asher as the new CFO, effective March 24, 2025.

Agrify Expands Board with Strategic New Appointments

On January 31, 2025, Richard Drexler resigned from Agrify Corporation’s Board of Directors, with no disagreements cited. Concurrently, the board increased its size and appointed Peter S. Shapiro, a prominent music entrepreneur, and Sanjay Tolia, an experienced finance entrepreneur, as new directors. This strategic move aims to leverage their expertise to enhance Agrify’s market position in the cannabis industry, particularly in the evolving THC beverage space.