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Bioceres Crop Solutions (BIOX)
NASDAQ:BIOX

Bioceres Crop Solutions (BIOX) AI Stock Analysis

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BIOX

Bioceres Crop Solutions

(NASDAQ:BIOX)

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Neutral 49 (OpenAI - 5.2)
Rating:49Neutral
Price Target:
$1.00
▼(-18.70% Downside)
Bioceres Crop Solutions faces significant challenges, primarily due to declining revenues and profitability issues, as reflected in its financial performance and valuation scores. Technical analysis indicates bearish momentum, further weighing on the stock. While the earnings call highlighted some improvements in gross margin and cost efficiency, these are overshadowed by revenue declines and debt concerns. The company's focus on profitability and liquidity is crucial for future resilience, but current market conditions and financial metrics suggest caution.
Positive Factors
Gross Margin Expansion
A sustained gross margin improvement to 47% reflects a durable shift to higher‑margin product mix and better cost of goods control. Maintaining margins above 40% can insulate profitability from revenue volatility and supports longer‑term cash generation and reinvestment capacity.
Adjusted EBITDA Improvement
A 61% rise in adjusted EBITDA from deliberate SG&A cuts shows management can extract leverage from the cost base. If sustained, this operational discipline improves break‑even economics, enhances cash flow conversion and raises resilience during cyclical revenue downturns.
Positive Free Cash Flow Growth
Consistent free cash flow growth signals the business is beginning to convert earnings into liquidity. Durable FCF supports debt servicing, targeted R&D or seed commercialization, and provides optionality to fund restructuring or strategic partnerships without immediate equity dilution.
Negative Factors
Revenue Decline and Segment Weakness
A meaningful and recurring top‑line decline, driven by Crop Protection and Seed segments, undermines scale economics and R&D payback timelines. Persistent revenue contraction reduces margin leverage, curtails reinvestment capacity and weakens competitive positioning over several quarters.
High Leverage and Debt Burden
Elevated net debt and a multi‑turn net debt/EBITDA ratio limit financial flexibility and increase refinancing risk if earnings remain depressed. Servicing large secured obligations constrains capital allocation, heightens vulnerability to interest or covenant shocks, and pressures long‑term strategic options.
Noteholder Litigation and Foreclosure Risk
Ongoing litigation with secured noteholders and a threatened foreclosure process present structural governance and asset‑loss risks. If resolved unfavorably, outcomes could force asset transfers, weaken collateral access, and materially impair operations and investor confidence for months to years.

Bioceres Crop Solutions (BIOX) vs. SPDR S&P 500 ETF (SPY)

Bioceres Crop Solutions Business Overview & Revenue Model

Company DescriptionBioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through three segments: Seed and Integrated Products, Crop Protection, and Crop Nutrition. The Seed and Integrated Products segment develops and commercializes seed technology, biotechnological events, germplasm, and seed treatments. The Crop Protection segment develops, produces, and markets Rizoderma, adjuvants, therapies, herbicides, insecticides, fungicides, and baits. The Crop Nutrition segment develops, produces, commercializes, and sells inoculants, bio-inductors, and biological and microgranulated fertilizers. The company also offers HB4, a drought tolerant seed technology program. It operates in Argentina, Uruguay, France, South Africa, and internationally. The company was founded in 2001 and is headquartered in Rosario, Argentina. Bioceres Crop Solutions Corp. is a subsidiary of Bioceres LLC.
How the Company Makes MoneyBioceres Crop Solutions generates revenue through several key streams. First, it sells proprietary seed traits that are designed to improve crop performance and resistance to various stresses. Second, the company offers crop protection products, which include biological and chemical solutions aimed at safeguarding crops from pests and diseases. Additionally, Bioceres has developed partnerships with agricultural distributors and other industry players, which help expand its market reach and enhance its product offerings. The company also benefits from licensing agreements and collaborations in research and development, allowing it to capitalize on its innovations while sharing the financial risks associated with new product development. Overall, Bioceres' revenue model is built on a combination of direct sales, partnerships, and strategic collaborations that leverage its expertise in agricultural biotechnology.

Bioceres Crop Solutions Key Performance Indicators (KPIs)

Any
Any
Revenue by Segment
Revenue by Segment
Shows how much revenue each business segment contributes, highlighting areas of strength and potential growth within Bioceres Crop Solutions' diverse operations.
Chart InsightsBioceres Crop Solutions is experiencing a challenging period, with a notable decline in revenues across all segments, particularly in Seed and Integrated Products. The earnings call highlighted a 40% drop in fourth-quarter revenues, driven by macroeconomic challenges in Argentina and reduced seed sales. Despite these setbacks, the company is focusing on cash flow generation and cost control, with international sales showing resilience, especially in Brazil and the U.S. Bioceres aims to stabilize financially and leverage strategic partnerships to navigate less volatile markets.
Data provided by:The Fly

Bioceres Crop Solutions Earnings Call Summary

Earnings Call Date:Nov 12, 2025
(Q1-2026)
|
% Change Since: |
Next Earnings Date:Feb 05, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture with notable improvements in gross margin and adjusted EBITDA, supported by cost reductions. However, these were counterbalanced by significant declines in revenue across multiple segments and an ongoing debt dispute. The company is focusing on building a more resilient and profitable model despite a complex operating environment.
Q1-2026 Updates
Positive Updates
Gross Margin Expansion
Gross margin expanded significantly by 650 basis points to 47% compared to 40% in the same quarter last year, reflecting improved product mix and margin expansion.
Operating Profit and Adjusted EBITDA Improvement
A significant decline in SG&A costs resulted in meaningful improvements in operating profits and a 61% increase in adjusted EBITDA, reaching $13.6 million compared to $8.5 million in the same period last year.
SG&A Cost Reduction
Both variable and fixed SG&A costs declined significantly, achieving 50% of the top of the expected annualized savings range in just one quarter.
Improved Net Debt to Adjusted EBITDA Ratio
Despite the challenging environment, the net debt to adjusted EBITDA ratio improved to 6.8x.
Negative Updates
Decline in Total Revenues
Total revenues for the quarter were $77.5 million, a 17% decline from the same period last year, primarily due to strategic transitions and sales timing effects in Latin America.
Challenges in Crop Protection and Seed Segments
Crop Protection revenues fell by 16% to $39.9 million, and Seed and Integrated Products revenues decreased by 37% to $12.6 million, mainly due to sluggish demand in Argentina and strategic unwinding of certain programs.
Debt Dispute
The company is undergoing a dispute with holders of its secured convertible and nonconvertible notes, resulting in a classification of certain debts as current.
Company Guidance
During the Bioceres Crop Solutions Fiscal First Quarter 2026 earnings call, Federico Trucco, CEO, highlighted key financial metrics and strategic priorities. Despite a 17% decline in total revenues to $77.5 million, the company achieved a gross profit of $36 million, maintaining a robust gross margin expansion of 650 basis points to 47%. The company's adjusted EBITDA surged 61% to $13.6 million, driven by a $5.9 million reduction in operating costs. Bioceres is focused on maintaining a gross margin above 40%, reducing annual SG&A by $10-12 million, and achieving profitability with adjusted EBITDA above 20% of sales. The company also reported a significant decline in revenues from Crop Protection and Seed and Integrated Products segments, but noted improvements in cost efficiency and product mix. Current debt was reported at $188.7 million, with a net financial debt of $225.9 million, while the net debt to adjusted EBITDA ratio improved to 6.8x. The company is committed to operating with discipline, focusing on profitability, liquidity, and capital efficiency amid a challenging environment.

Bioceres Crop Solutions Financial Statement Overview

Summary
Bioceres Crop Solutions faces challenges with declining revenue and profitability, as evidenced by negative net profit margins and revenue growth rates. The balance sheet reveals a high debt-to-equity ratio, which could be a risk factor. On the positive side, the company has shown improvement in free cash flow, which is crucial for sustaining operations and growth. Overall, while there are areas of concern, particularly in profitability and leverage, the company is making strides in cash flow management.
Income Statement
45
Neutral
Bioceres Crop Solutions has experienced declining revenue growth, with a negative growth rate in the TTM period. The company also shows negative net profit margins, indicating ongoing profitability challenges. However, the gross profit margin remains relatively stable, suggesting some operational efficiency. The negative EBIT margin highlights difficulties in covering operating expenses.
Balance Sheet
50
Neutral
The company's debt-to-equity ratio is over 1, indicating a higher reliance on debt financing, which could pose risks if not managed properly. The return on equity is negative, reflecting challenges in generating returns for shareholders. However, the equity ratio indicates a reasonable proportion of equity financing relative to total assets.
Cash Flow
60
Neutral
Bioceres shows positive free cash flow growth in the TTM period, which is a positive sign for liquidity. The operating cash flow to net income ratio is low, suggesting that cash generation from operations is not strong relative to net income. However, the free cash flow to net income ratio is relatively high, indicating efficient cash conversion from earnings.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue318.23M333.30M464.83M419.45M328.46M206.70M
Gross Profit124.48M130.20M181.59M180.25M126.44M90.88M
EBITDA17.14M13.59M55.45M72.38M47.91M43.70M
Net Income-52.83M-51.80M3.24M18.78M-7.20M-6.87M
Balance Sheet
Total Assets734.88M763.65M852.55M818.06M518.22M394.59M
Cash, Cash Equivalents and Short-Term Investments16.61M34.74M56.17M60.05M38.61M46.78M
Total Debt267.74M276.61M270.95M257.41M169.79M174.58M
Total Liabilities455.83M468.43M501.17M487.56M359.92M304.30M
Stockholders Equity249.38M262.81M315.30M298.85M127.61M67.74M
Cash Flow
Free Cash Flow36.54M35.30M18.93M-19.97M-26.51M-20.13M
Operating Cash Flow45.23M49.91M41.72M2.59M-17.52M-6.21M
Investing Cash Flow-7.67M-6.13M-28.73M-25.73M2.90M-8.31M
Financing Cash Flow-56.76M-50.71M-10.06M32.95M14.82M7.36M

Bioceres Crop Solutions Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.23
Price Trends
50DMA
1.53
Negative
100DMA
1.74
Negative
200DMA
2.97
Negative
Market Momentum
MACD
-0.08
Positive
RSI
38.37
Neutral
STOCH
11.11
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BIOX, the sentiment is Negative. The current price of 1.23 is below the 20-day moving average (MA) of 1.35, below the 50-day MA of 1.53, and below the 200-day MA of 2.97, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 38.37 is Neutral, neither overbought nor oversold. The STOCH value of 11.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BIOX.

Bioceres Crop Solutions Risk Analysis

Bioceres Crop Solutions disclosed 68 risk factors in its most recent earnings report. Bioceres Crop Solutions 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 3 New Risks
1.
Certain of the Rizobacter shares we own are subject to a judicial injunction that, if decided unfavorably to us, would require us to surrender part of our interest in Rizobacter thereby reducing our equity interest in Rizobacter. Q2, 2024
2.
The disposition or sale of our ordinary shares may be subject to taxation in Argentina. Q2, 2024
3.
Our share repurchase program may reduce liquidity. Q2, 2024

Bioceres Crop Solutions Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
49
Neutral
$77.77M-1.34-20.52%-27.90%-4194.67%
46
Neutral
$14.45M-17.92-21.82%-104.92%
45
Neutral
$114.73M-1.03-40.84%-4.29%-276.74%
45
Neutral
$3.10M-0.61-64.08%-1.80%15.74%
45
Neutral
$117.24M-7.55-200.22%45.88%43.12%
45
Neutral
$120.33M-0.31
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
BIOX
Bioceres Crop Solutions
1.23
-5.68
-82.20%
AVD
American Vanguard
4.03
-0.99
-19.72%
SEED
Origin Agritech
1.19
-0.64
-34.97%
RKDA
Arcadia Biosciences
2.26
-2.81
-55.42%
BHST
BioHarvest Sciences
5.18
-0.73
-12.29%
LVRO
Lavoro Limited
1.05
-2.07
-66.35%

Bioceres Crop Solutions Corporate Events

Bioceres Crop Solutions Calls January 30, 2026 Shareholder Meeting to Approve FY 2025 Accounts and Board Slate
Jan 9, 2026

On January 8, 2026, Bioceres Crop Solutions Corp. filed a Form 6-K announcing that it has convened its 2026 Annual General Meeting of shareholders for January 30, 2026, to be held in New York and accessible virtually. Shareholders of record as of January 5, 2026, are invited to vote on approving the consolidated financial statements for the fiscal year ended June 30, 2025, electing four directors—Federico Trucco, Duraiswami (“D”) Narain, Antonio Simon Vumbaca and Yogesh Mago—to serve until the 2027 annual meeting, and ratifying the appointment of Price Waterhouse & Co. S.R.L. as the company’s independent registered public accounting firm. The meeting will feature telephone and web-based access, underscoring Bioceres’ efforts to facilitate participation by its global investor base and to reaffirm its governance and audit framework under Cayman Islands law and U.S. reporting standards.

The most recent analyst rating on (BIOX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Bioceres Crop Solutions stock, see the BIOX Stock Forecast page.

Bioceres Crop Solutions Revamps Finance Leadership and Board Ahead of 2026 AGM
Dec 31, 2025

On December 31, 2025, Bioceres Crop Solutions announced leadership changes, naming agribusiness veteran Ezequiel Simmermacher as chief financial officer effective January 5, 2025, and appointing experienced industry executive Duraiswami (“D”) Narain to its board of directors as of December 29, 2025, following the December 26, 2025 resignation of longtime director Natalia Zang. The reshaped leadership, which includes Narain assuming Zang’s former committee roles and chairing the audit committee, is expected to strengthen Bioceres’ financial stewardship and governance as it prepares proxy materials for mailing in January 2026 and seeks to maintain continuity by proposing the reappointment of its current board through the 2027 annual general meeting.

The most recent analyst rating on (BIOX) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Bioceres Crop Solutions stock, see the BIOX Stock Forecast page.

Bioceres Crop Solutions Agrees to Adjourned Foreclosure Sale Amid Noteholder Litigation
Dec 22, 2025

On December 18, 2025, Bioceres Crop Solutions Corp. reported that a New York State court, hearing a lawsuit brought by several noteholders over alleged defaults on convertible and non-convertible notes issued under 2022 note purchase agreements, partially granted the plaintiffs’ motion to protect pledged collateral and denied the company’s cross-motion to halt a planned foreclosure auction. The court ordered Bioceres and affiliated Pro Farm entities not to transfer or encumber any collateral securing the notes, and, following that decision, the noteholders proposed, and Bioceres agreed on December 20, 2025, to adjourn the foreclosure sale from December 22, 2025 to January 19, 2026 to enable a more orderly and commercially reasonable sale process, with the company committing to cooperate by facilitating due diligence and access for potential bidders while expressly maintaining its dispute of the alleged defaults and reserving all rights to challenge the sale and related proceedings.

The most recent analyst rating on (BIOX) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Bioceres Crop Solutions stock, see the BIOX Stock Forecast page.

Bioceres Crop Solutions Releases Q3 2025 Financial Update
Nov 26, 2025

Bioceres Crop Solutions Corp. released its unaudited interim condensed consolidated financial statements for the periods ending September 30, 2025, and June 30, 2025. The financial report indicates a decrease in total assets from $763.6 million to $734.9 million, and a reduction in total liabilities from $468.4 million to $446.5 million. This financial update provides stakeholders with insights into the company’s current financial health and operational adjustments over the recent quarter.

The most recent analyst rating on (BIOX) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Bioceres Crop Solutions stock, see the BIOX Stock Forecast page.

Bioceres Crop Solutions Reports Q1 2026 Financial Results Amid Strategic Transition
Nov 13, 2025

Bioceres Crop Solutions reported its fiscal first quarter 2026 financial results, with total revenues of $77.5 million, marking a 17% decline year-over-year. Despite the revenue drop due to strategic reductions in low-margin sales and seed model transition, the company achieved a gross margin expansion from 40% to 47%, reflecting a more profitable product mix. The net loss widened to $7.5 million, but operating profit and adjusted EBITDA saw significant improvements, driven by cost discipline and restructuring efforts. The company remains focused on enhancing capital structure and financial flexibility amidst challenging market conditions in Argentina.

The most recent analyst rating on (BIOX) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Bioceres Crop Solutions stock, see the BIOX Stock Forecast page.

Bioceres Crop Solutions Faces Legal Action Over Alleged Defaults
Nov 12, 2025

On November 10, 2025, Bioceres Crop Solutions received an Acceleration Notice from its noteholders, alleging defaults under its Convertible and Non-Convertible Note Purchase Agreements. Subsequently, on November 11, 2025, these noteholders initiated legal proceedings against Bioceres in the New York Supreme Court, seeking full payment of outstanding amounts. Bioceres disputes the allegations and intends to defend its position vigorously, reserving all rights against the noteholders.

The most recent analyst rating on (BIOX) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Bioceres Crop Solutions stock, see the BIOX Stock Forecast page.

Bioceres Crop Solutions Strengthens Leadership with New Appointments
Nov 6, 2025

On November 5, 2025, Bioceres Crop Solutions Corp. announced the appointment of Mr. Simon Vumbaca to its Board of Directors and Mr. Alejandro Villafane as the Principal Accounting Officer. Mr. Vumbaca brings expertise in high-stakes strategies and governance, while Mr. Villafane will oversee the company’s accounting functions. These appointments are expected to strengthen Bioceres’ strategic and financial leadership, potentially enhancing its market position and operational resilience.

The most recent analyst rating on (BIOX) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Bioceres Crop Solutions stock, see the BIOX Stock Forecast page.

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: Dec 18, 2025