tiprankstipranks
Trending News
More News >
Agrify (AGFY)
NASDAQ:AGFY
US Market

Agrify (AGFY) AI Stock Analysis

Compare
275 Followers

Top Page

AG

Agrify

(NASDAQ:AGFY)

Rating:40Underperform
Price Target:
$20.00
▼(-4.90%Downside)
Agrify's overall stock score is heavily impacted by its poor financial performance, characterized by declining revenues, persistent losses, and negative cash flows. Technical analysis suggests bearish trends, and valuation metrics highlight ongoing financial struggles. Although recent corporate events could improve its market position, they are insufficient to offset the significant financial challenges.

Agrify (AGFY) vs. SPDR S&P 500 ETF (SPY)

Agrify Business Overview & Revenue Model

Company DescriptionAgrify Corporation develops precision hardware and software cultivation and extraction solutions for the cannabis and hemp industry in the United States. The company offers vertical farming units and Agrify Insights Software-as-a-Service software; integrated grow racks and LED grow lights; and non-proprietary products designed, engineered, and manufactured by third parties, such as air cleaning systems and pesticide-free surface protection products. It also provides associated services comprising consulting, engineering, and construction. The company was formerly known as Agrinamics, Inc. and changed its name to Agrify Corporation in September 2019. Agrify Corporation was incorporated in 2016 and is headquartered in Billerica, Massachusetts.
How the Company Makes MoneyAgrify makes money through the sale of its cultivation and extraction equipment, as well as through its software solutions and related services. The company's revenue streams primarily consist of direct sales of its advanced vertical farming units and extraction systems to cannabis and hemp producers. Additionally, Agrify generates recurring revenue from its Agrify Insights software platform, which is offered as a subscription service to help clients optimize their cultivation processes. Agrify also leverages partnerships with industry leaders to expand its market reach and enhance its technological offerings, further contributing to its revenue.

Agrify Financial Statement Overview

Summary
Agrify is facing significant financial challenges. The income statement shows declining revenues and persistent losses, while the balance sheet indicates issues with equity and leverage. The cash flow statement underscores the company's struggle to generate positive cash flows, raising concerns about its financial health and sustainability.
Income Statement
30
Negative
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
40
Negative
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
25
Negative
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.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue7.62M9.68M16.87M58.26M59.86M12.09M
Gross Profit590.00K665.00K5.28M-31.80M5.23M570.00K
EBITDA-34.05M-27.75M-18.26M-118.93M-30.99M-12.13M
Net Income-47.61M-41.75M-18.65M-188.17M-32.33M-30.64M
Balance Sheet
Total Assets45.62M54.02M45.27M69.69M182.05M21.84M
Cash, Cash Equivalents and Short-Term Investments24.45M31.17M434.00K10.92M56.56M8.11M
Total Debt615.00K11.04M23.25M31.71M2.62M13.47M
Total Liabilities18.80M25.93M59.98M78.73M44.62M28.29M
Stockholders Equity26.82M27.86M-14.94M-9.27M137.06M-6.68M
Cash Flow
Free Cash Flow-15.32M-11.59M-31.03M-80.16M-32.47M-14.92M
Operating Cash Flow-15.32M-11.58M-30.97M-72.02M-30.15M-14.78M
Investing Cash Flow-382.00K-54.00K25.17M-2.32M-104.74M-1.23M
Financing Cash Flow40.05M42.37M-4.23M72.78M138.79M23.91M

Agrify Technical Analysis

Technical Analysis Sentiment
Negative
Last Price21.03
Price Trends
50DMA
23.34
Negative
100DMA
21.24
Negative
200DMA
20.14
Positive
Market Momentum
MACD
-0.83
Positive
RSI
42.90
Neutral
STOCH
55.13
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AGFY, the sentiment is Negative. The current price of 21.03 is below the 20-day moving average (MA) of 23.46, below the 50-day MA of 23.34, and above the 200-day MA of 20.14, indicating a neutral trend. The MACD of -0.83 indicates Positive momentum. The RSI at 42.90 is Neutral, neither overbought nor oversold. The STOCH value of 55.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AGFY.

Agrify Risk Analysis

Agrify disclosed 55 risk factors in its most recent earnings report. Agrify reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Agrify Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$10.81B15.655.50%1.89%3.10%-27.09%
52
Neutral
$69.19M-679.42%-18.08%-217.13%
49
Neutral
$99.03M-101.00%-30.11%28.84%
47
Neutral
$72.39M17.11%-24.94%51.41%
44
Neutral
$5.72M-152.39%-20.49%88.27%
40
Underperform
$41.05M-339.26%-44.22%60.71%
SKSKK
$12.31M35.27
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AGFY
Agrify
21.03
15.63
289.44%
SUNE
SUNation Energy
1.68
-11,998.32
-99.99%
VATE
INNOVATE Corp
5.45
-0.70
-11.38%
BLNK
Blink Charging Co
0.96
-1.96
-67.12%
SHIM
Shimmick Corporation
2.01
0.44
28.03%
SKK
SKK Holdings Limited
0.66
-3.27
-83.21%

Agrify Corporate Events

Shareholder Meetings
Agrify’s 2025 Annual Meeting Approves Key Amendments
Neutral
Jun 13, 2025

Agrify held its 2025 Annual Meeting of Stockholders virtually on June 11, 2025, where a quorum of approximately 72% of eligible shares was represented. During the meeting, all director nominees were elected for a one-year term, the appointment of GuzmanGray as the independent registered public accounting firm was ratified, and an amendment to the 2022 Omnibus Equity Incentive Plan was approved, increasing the number of shares available for issuance by 250,000.

Private Placements and FinancingM&A Transactions
Agrify Issues $30 Million Secured Convertible Notes
Positive
May 22, 2025

On May 20, 2025, Agrify Corporation entered into a Purchase Agreement with VCP IP Holdings, LLC, acquiring MC Brands LLC and its subsidiary Core Growth LLC, which primarily hold intellectual property rights to the incredibles brand. This acquisition, valued at $5,075,000, strengthens Agrify’s position in the cannabis industry, with Green Thumb Industries indirectly owning a significant portion of Agrify’s shares. Additionally, Agrify’s subsidiaries entered into various licensing agreements with Green Thumb’s subsidiaries, granting exclusive rights to use intellectual property related to the incredibles, Beboe, and Rythm brands. These agreements are expected to enhance Agrify’s market presence in the cannabis sector. On May 22, 2025, Agrify issued $30 million in Secured Convertible Notes to RSLGH, LLC and other investors, further solidifying its financial standing and growth potential.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 05, 2025