Bunge Global (BG) AI Stock Analysis

• Market Cap: $24.37B
• Dividend Yield: 3.14%
• Average Volume (3M): 1.75M
• Price to Earnings (P/E): 18.1
• Beta (1Y): 0.25
• Revenue Growth: 10.29%
• EPS Growth: 17.32%
• Country: US
• Employees: 23,000
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Agricultural Farm Products
• EPS (TTM): 1.99
• Shares Outstanding: 193,509,080
• 10 Day Avg. Volume: 2,171,480
• 30 Day Avg. Volume: 1,747,970
• PEG Ratio: -0.46
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 0.21
• P/FCF Ratio: -16.02
• Enterprise Value/Market Cap: 1.63
• Enterprise Value/Revenue: 0.57
• Enterprise Value/Gross Profit: 11.69
• Enterprise Value/Ebitda: 16.16
• 1Y Price Target: $135.83
• Price Target Upside: 7.84% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 8.11
• Revenue Forecast (FY): $92.84B

• Rating: 64 Neutral
• Price Target: $135.00 ▲(7.18% Upside)
• Action: Downgraded Date: 02/05/26
• Date: Action: Downgraded 02/05/26

The score is held back primarily by weaker profitability, compressed margins, and a meaningful 2025 leverage step-up with volatile cash conversion. Offsetting this are strong bullish price momentum and a constructive earnings outlook driven by Viterra integration and synergy delivery, though valuation looks only fair and near-term visibility is constrained by policy and cadence risks.

Positive Factors

Viterra integration expands global footprint

Completing Viterra materially increases Bunge's origination, processing and logistics scale across origin and destination markets. That expanded network should sustainably improve sourcing optionality, logistics efficiency and market reach, supporting structural revenue and margin opportunities over multiple years.

Synergies ahead of plan

Material, quantifiable synergy delivery—already realized and embedded in guidance—improves long-run cost structure and margins. As synergies scale toward the $220M run-rate, they should sustainably raise adjusted EBIT and ROIC, supporting cash generation and funding for growth and returns.

Solid cash generation and liquidity

Consistent adjusted FFO and sizable unused committed credit provide durable liquidity to fund integration, capex and shareholder returns. That combination lowers refinancing pressure and gives management flexibility to invest in productivity projects and absorb commodity-cycle volatility over the medium term.

Negative Factors

Margin compression and weaker profitability

Sustained margin compression reduces earnings resilience in a cyclical commodity business. Lower net margins and declining net income signal that processing spreads and merchandising economics have weakened, which can erode ROIC and the firm's capacity to self-fund investments absent structural improvement.

Higher leverage after acquisition

The acquisition-driven debt step-up materially increases interest and refinancing exposure compared with prior periods. Higher absolute debt can limit strategic optionality, raise leverage-sensitive costs, and amplify downside risk during commodity or cash-flow stress absent sustained deleveraging.

Volatile and weaker cash conversion

Meaningful swings in operating cash flow and dependence on working-capital cycles reduce predictability of free cash flow. For a business with sizable merchandising and inventory exposure, inconsistent cash conversion complicates debt reduction, capital allocation, and the timing of returns over the 2–6 month to multi-year horizon.

Bunge Global Business Overview & Revenue Model

Company Description

Bunge Limited operates as an agribusiness and food company worldwide. It operates through four segments: Agribusiness, Refined and Specialty Oils, Milling, and Sugar and Bioenergy. The Agribusiness segment purchases, stores, transports, processes, and sells agricultural commodities and commodity products, including oilseeds primarily soybeans, rapeseed, canola, and sunflower seeds, as well as grains primarily wheat and corn; and processes oilseeds into vegetable oils and protein meals. This segment offers its products for animal feed manufacturers, livestock producers, wheat and corn millers, and other oilseed processors, as well as third-party edible oil processing and biofuel companies; and for industrial and biodiesel production applications. The Refined and Specialty Oils segment sells packaged and bulk oils and fats that include cooking oils, shortenings, margarines, mayonnaise, and other products for baked goods companies, snack food producers, confectioners, restaurant chains, foodservice operators, infant nutrition companies, and other food manufacturers, as well as grocery chains, wholesalers, distributors, and other retailers. The Milling segment provides wheat flours and bakery mixes; corn milling products that comprise dry-milled corn meals and flours, wet-milled masa and flours, and flaking and brewer's grits, as well as soy-fortified corn meal, corn-soy blends, and other products; whole grain and fiber ingredients; quinoas and millets; die-cut pellets; and non-GMO products. The Sugar and Bioenergy segment produces sugar and ethanol; and generates electricity from burning sugarcane bagasse. Bunge Limited was founded in 1818 and is headquartered in St. Louis, Missouri.

How the Company Makes Money

Bunge primarily makes money by buying agricultural commodities (notably oilseeds such as soybeans and other grains), transforming and moving them through its network, and selling processed and merchandised products to end markets. A major revenue stream comes from oilseed processing: Bunge purchases oilseeds, crushes them into two main outputs—vegetable oils and protein meals—and sells these to customers in food manufacturing, animal feed, and industrial/biofuel-related markets; earnings are driven by the processing margin (the spread between input costs and the market value of the outputs), plant utilization, and operational efficiency. Another key revenue stream is merchandising and trading: Bunge originates crops from farmers and elevators, aggregates and stores them, transports them via its logistics system (e.g., ports, export terminals, and related infrastructure), and sells to domestic and export customers; profitability depends on merchandising margins, freight/logistics optimization, and risk management rather than simply commodity price direction. The company also generates revenue from refined and specialty oils and other value-added products where applicable, typically earning through product premiums, customer relationships, and service reliability. Across these activities, Bunge uses hedging and risk management to manage exposure to commodity price movements and currency/freight factors, supporting more stable realized margins on processing and merchandising activities. Specific partnership details not publicly available are null.

Bunge Global Financial Statement Overview

Summary

Top-line rebounded in 2025, but profitability weakened materially versus 2023–2024 with net margin compressing to ~1.2%. Balance sheet risk increased as total debt nearly doubled in 2025, reducing flexibility. Cash flow is positive and free cash flow covered net income in 2025, but operating cash flow has been volatile and below prior-year levels.

Income Statement

Revenue rebounded strongly in 2025 (up ~17% to $70.3B after a down 2023–2024), but profitability has weakened versus prior years. Net income fell to $0.82B in 2025 from $1.14B in 2024 and $2.24B in 2023, and margins compressed meaningfully (net margin ~1.2% in 2025 vs ~2.1% in 2024 and ~3.8% in 2023). Overall, solid top-line scale and recovery, offset by clear margin pressure and a lower earnings run-rate.

Balance Sheet

Leverage increased sharply in 2025: total debt rose to $13.8B from $7.1B in 2024 while equity expanded to $17.4B, alongside a large jump in total assets to $44.5B. While the larger equity base helps, the step-up in debt raises financial risk and reduces balance sheet flexibility versus the prior 2–3 years when leverage looked more moderate.

Cash Flow

Cash generation is mixed and somewhat volatile. Operating cash flow improved to $0.84B in 2025 (positive) but is down from $1.9B in 2024 and well below $3.3B in 2023; earlier years (2020–2022) saw sizable negative operating cash flow. Free cash flow was positive at $0.84B in 2025 and covered net income about 1.0x, but the overall pattern suggests working-capital swings and less consistent cash conversion than ideal.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	70.33B	53.11B	59.54B	67.23B	59.15B
Gross Profit	3.41B	3.39B	4.84B	3.68B	3.36B
EBITDA	2.46B	2.46B	4.02B	2.88B	3.23B
Net Income	816.00M	1.14B	2.24B	1.61B	2.08B
Balance Sheet
Total Assets	44.53B	24.90B	25.37B	24.58B	23.82B
Cash, Cash Equivalents and Short-Term Investments	1.34B	3.79B	2.71B	1.22B	1.42B
Total Debt	16.95B	7.12B	5.76B	5.62B	6.82B
Total Liabilities	27.11B	13.95B	13.56B	14.62B	15.61B
Stockholders Equity	17.37B	9.91B	10.85B	9.22B	7.67B
Cash Flow
Free Cash Flow	-923.00M	524.00M	2.19B	-6.10B	-3.29B
Operating Cash Flow	800.00M	1.90B	3.31B	-5.55B	-2.89B
Investing Cash Flow	-5.04B	-1.11B	-1.01B	6.50B	5.11B
Financing Cash Flow	2.07B	-90.00M	-856.00M	-769.00M	-1.63B

Bunge Global Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 125.96
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BG, the sentiment is Positive. The current price of 125.96 is above the 20-day moving average (MA) of 120.80, above the 50-day MA of 114.54, and above the 200-day MA of 91.73, indicating a bullish trend. The MACD of 2.55 indicates Negative momentum. The RSI at 64.95 is Neutral, neither overbought nor oversold. The STOCH value of 81.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BG.

Bunge Global Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CALM	86 Outperform	$4.13B	9.73	44.65%	10.53%	65.80%	197.95%
SFD	77 Outperform	$9.29B	9.27	―	4.44%	―	―
FDP	70 Outperform	$1.96B	18.92	4.53%	3.34%	1.11%	414.23%
ADM	66 Neutral	$34.70B	25.81	4.80%	3.55%	-4.31%	-29.96%
BG	64 Neutral	$24.37B	18.12	5.98%	3.14%	10.29%	17.32%
TSN	63 Neutral	$21.42B	59.42	1.10%	3.48%	2.12%	-40.75%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Bunge Global Corporate Events

Bunge Global Completes Acquisition of Viterra Limited

On July 2, 2025, Bunge Global SA completed its previously announced stock-and-cash acquisition of Viterra Limited from a shareholder group that included affiliates of Glencore, Canada Pension Plan Investment Board, and British Columbia Investment Management Corporation. The deal brings under Bunge’s control a business that generated $21.0 billion in revenue but a $199 million loss for the six months to June 30, 2025, and comes with a balance sheet showing $18.0 billion in assets, higher non‑current borrowings, and reduced inventories and current liabilities, underscoring both the scale and leverage profile Bunge is absorbing as it integrates Viterra’s operations.

For the first half of 2025, Viterra reported a sharp swing to a net loss and a decline in gross margin compared with the same period in 2024, even as it maintained substantial cash reserves and a modest decrease in total equity. These figures, now incorporated into Bunge’s reporting, highlight integration and financing risks alongside the strategic benefit of enhanced global origination, logistics, and merchandising capacity for stakeholders across the agricultural supply chain.

The most recent analyst rating on (BG) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Bunge Global stock, see the BG Stock Forecast page.

Bunge Global Reduces Share Capital and Updates Governance

Effective December 16, 2025, Bunge Global SA reduced its share capital by USD 123,826.10, from USD 2,208,943.73 to USD 2,085,117.63, following the cancellation of 12,382,610 repurchased registered shares with a nominal value of $0.01 per share as part of its share repurchase program. In connection with this capital reduction, the company also amended Article 4a of its Articles of Association to update its Swiss capital band provision, formalizing the changes to its equity structure and governance framework.

The most recent analyst rating on (BG) stock is a Buy with a $120.00 price target. To see the full list of analyst forecasts on Bunge Global stock, see the BG Stock Forecast page.