Bunge Global (BG) AI Stock Analysis

• Market Cap: $23.71B
• Dividend Yield: 3.14%
• Average Volume (3M): 1.59M
• Price to Earnings (P/E): 24.9
• Beta (1Y): 0.27
• 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: 1,218,045
• 30 Day Avg. Volume: 1,586,989
• 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: 1.66
• Enterprise Value/Revenue: 0.56
• Enterprise Value/Gross Profit: 11.52
• Enterprise Value/Ebitda: 15.94
• 1Y Price Target: $131.29
• Price Target Upside: 8.16% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): 8.17
• Revenue Forecast (FY): $92.19B

• Rating: 64 Neutral
• Price Target: $125.00 ▲(2.98% 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 combination and integration

Completing the Viterra deal creates a materially larger origination and processing footprint, improving supply-chain connectivity and diversification. These structural advantages support compounding revenue opportunities, scale economies, and sustained synergy capture that can boost long-term competitive positioning.

Diversified global agribusiness value chain

Bunge's presence across oilseeds, grains, fertilizer, processing and trading provides durable revenue diversification and natural hedges across geographies and product cycles. This broad, integrated model reduces single-market exposure and supports steadier long-term cash flow versus pure-play commodity peers.

Strong cash generation and liquidity position

Consistent adjusted funds from operations, positive free cash flow coverage of net income, and large unused committed facilities provide financial flexibility for capex, buybacks, and debt servicing. This cash profile supports strategic investments and cushions cyclical downturns.

Negative Factors

Marked increase in leverage after acquisition

The near-doubling of reported total debt materially raises financial risk and interest exposure, reducing balance-sheet flexibility. Higher leverage constrains capital allocation choices, elevates refinancing risk through economic cycles, and increases sensitivity to commodity-driven cashflow volatility.

Compressed margins and weaker reported profitability

Despite revenue scale, persistent margin compression indicates structural pressure from commodity spreads, integration costs, and timing effects. Lower sustainable margins reduce earnings power and free cash generation per dollar of revenue, limiting long-term returns absent structural cost or premium product improvements.

Policy uncertainty and project timing risk

Unresolved regulatory drivers (notably RVO biofuel policy) and delayed project contributions create multi-quarter earnings cadence risk. Structural policy shifts and slow ramp of greenfield projects can mute expected synergies and returns, increasing execution risk and earnings volatility over the medium term.

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 Global generates revenue through multiple key streams within its agribusiness operations. The primary revenue sources include the sale of processed agricultural products, such as oils and meal from oilseeds, and grain trading. The company also earns income from its fertilizer business, which involves the production and distribution of crop nutrients to farmers. Additionally, BG benefits from global commodity trading and has established significant partnerships with farmers and food manufacturers, allowing for efficient supply chain management and operational synergies. The company’s expansive global network and diversified product offerings help mitigate risks and stabilize earnings across different market conditions.

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: 121.38
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 121.38 is above the 20-day moving average (MA) of 118.56, above the 50-day MA of 106.14, and above the 200-day MA of 88.75, indicating a bullish trend. The MACD of 4.37 indicates Positive momentum. The RSI at 66.97 is Neutral, neither overbought nor oversold. The STOCH value of 56.63 is Neutral, 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
SFD	77 Outperform	$9.98B	11.43	14.44%	4.44%	―	―
CALM	73 Outperform	$4.04B	3.59	48.69%	10.53%	65.80%	197.95%
FDP	70 Outperform	$2.01B	22.56	4.53%	3.34%	1.11%	414.23%
BG	64 Neutral	$23.71B	24.90	6.34%	3.14%	10.29%	17.32%
ADM	64 Neutral	$32.73B	30.54	4.80%	3.55%	-4.31%	-29.96%
TSN	63 Neutral	$21.88B	110.91	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 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.

Bunge Global Announces Leadership Change in COO Role

On December 12, 2025, Bunge Global SA announced the departure of David Mattiske from his role as co-Chief Operating Officer to explore other professional opportunities. Julio Garros, currently serving as co-Chief Operating Officer, will take over as Chief Operating Officer starting December 12, 2025, ensuring a smooth transition of responsibilities.

The most recent analyst rating on (BG) stock is a Hold with a $99.00 price target. To see the full list of analyst forecasts on Bunge Global stock, see the BG Stock Forecast page.

Bunge Global Reports New Financial Obligation

Bunge Global has released a current report on Form 8-K, which is a standard form used by publicly traded companies to disclose significant events that shareholders should know about. The report’s content, however, is not detailed in the provided text, leaving the specific impact on Bunge Global’s operations, industry positioning, or implications for stakeholders unclear.

The most recent analyst rating on (BG) stock is a Hold with a $99.00 price target. To see the full list of analyst forecasts on Bunge Global stock, see the BG Stock Forecast page.