AGCO AGCO Corp.

🚨 $AGCO IS A SLEEPING GIANT 🚨 The market is STILL sleeping on this agricultural powerhouse. 🌾🚜 Think about it: 🔥 Global food demand isn’t going anywhere. 🔥 Farmers will ALWAYS need productivity. 🔥 Precision agriculture is the future. 🔥 Equipment upgrades = a massive long-term opportunity.

$AGCO U.S. sales rose about 36% in Q3 to 392.5 million dollars, and Canada rose about 31% to 92.8 million dollars. The consolidated decline came from elsewhere. Germany fell about 31% to 281.6 million dollars, Italy fell about 38% to 73.9 million dollars, and Brazil fell about 24% to 183.4 million dollars. Finland and Scandinavia even grew about 16%, so Europe was not one uniform slump. Nine month U.S. sales are 1.084 billion dollars, up about 23% from 884.5 million dollars a year ago.

$AGCO Is AGCO's balance sheet stretched after cash fell to $415.1M while it spent $403.7M buying back stock? 🏢 AGCO, the Fendt and Massey Ferguson tractor maker worth $7.15B at $102.16 (16:00 ET, October 28, 2026), earned Q3 adjusted EPS of $1.05 vs $1.35 a year ago and targets about $5.50 for 2026, putting the stock at 18.6 times that target 🔥 Cash fell to $415.1M from $861.8M in nine months as operations used $218.4M and buybacks $403.7M, partly offset by $344.6M borrowed and $188.4M of stake sales 📈 On the other side, buybacks cut Q3 diluted shares to 69.5M from 74.7M and North America sales rose 34.8%, though about $13.0M of its $13.8M Q3 operating income was IEEPA tariff refunds AGCO may have to repay 📅 Next: Management takes questions on its October 29 results call, where Q4 production plans and the cash and debt outlook are the points to watch Source: PR Newswire release, Oct 29

$AGCO Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $1.05 down -22.22% YoY • Reported revenue of $2.26B down -8.63% YoY • AGCO's 2026 outlook is net sales from $9.8 to $10B, adjusted operating margins about 7.0%, and adjusted earnings per share approximately $5.50, based on stated assumptions.

$AGCO reports earnings tomorrow before the open. I used Stock Meadow’s earnings dashboard to review its history: AGCO has beaten EPS estimates in 5 of its last 8 reports.

AGCO shares fell 4.49% as a joint federal investigation by the FTC and the U.S. Department of Agriculture into the agricultural machinery industry continued to pressure the sector. Announced Oct. 7, the probe seeks public input on potential anticompetitive practices, including dealer-network restrictions, repair-access barriers, and pricing practices. AGCO shares dropped from an opening price of $108.14 to an intraday low of $103.18. A crop report and a sharp decline in corn prices added further pressure. Although the investigation targets the broader industry rather than AGCO specifically, the company’s position as a major global farm-equipment manufacturer has heightened investor concerns. Morgan Stanley and Barclays maintain bearish ratings, citing weak demand and margin compression, with AGCO’s adjusted operating margin contracting significantly in its latest quarter. $AGCO $DE $CNH $ZC.X

Farm equipment got hit today. The FTC and USDA opened a joint public inquiry into the ag equipment market after farmer complaints about access to equipment and repair services, and the whole group sold off (15:28 ET): $AGCO -5.9% to 109.35 $CNH -5.9% to 12.49 $DE -3.5% to 658.93 All three sit on Sell in my short-term momentum screen since the open. Context though: DE is still +44% over the past year and only ~8% under its 52-week high (719.50). AGCO was already weak going in (-14% over the past month) and is now ~11% above its 52W low. CAT is down 5.7% too, but it was already -5% by 10:30 ET, so I wouldn't pin that one on the farm probe. An inquiry isn't a lawsuit, and Deere already settled the FTC repair case in July. Real risk to dealer/service margins, or headline overreaction? No position either way.