Mission Produce Sets 2035 Goals to Double Sales and Triple EBITDA at Investor Day
AVO sits 24% above its 52-week low of $10.07.
Summary
Mission Produce's Investor Day presentation sets a 2035 goal of $4 billion in sales and $450 million in Adjusted EBITDA, reaffirms near-term guidance, and raises Calavo synergy expectations.
Updates
· Reuters — Mission Produce reaffirms second-half fiscal 2026 adjusted EBITDA outlook of $84 million-$88 million and fourth quarter outlook.
Key Events · Earnings and Guidance · AVO
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2035 Ambition: Double Sales, Triple EBITDA
Management targets $4 billion in sales and $450 million in Adjusted EBITDA by fiscal 2035, including M&A, representing a doubling of sales and tripling of earnings power from current levels.
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Five-Year Financial Framework
Targets mid-single-digit organic sales growth, approximately 300 basis points of margin expansion, over 90% free cash flow conversion, and net leverage below 1.5x Adjusted EBITDA.
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Fiscal 2026 Guidance Reaffirmed
Second-half Adjusted EBITDA of $84-88 million and Q4 Adjusted EBITDA of $52-55 million reaffirmed, along with Mission Peru exportable volume of 120-130 million pounds for the second half.
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Calavo Synergy Target Raised
Annualized synergy target increased from at least $25 million to more than $30 million, with full run-rate expected within 18 months of closing.
Analysis · AVO · Industrial Applications And Services
At its 2026 Investor Day, Mission Produce laid out an aggressive long-term growth framework: doubling sales to $4 billion and tripling Adjusted EBITDA to $450 million by 2035, supported by mid-single-digit organic growth, 300 basis points of margin expansion, and over 90% free cash flow conversion. The company also reaffirmed its fiscal 2026 second-half guidance and raised its Calavo synergy target from $25 million to over $30 million. Against a backdrop of recent insider selling and a Q3 net loss, this is a clear attempt to reset the narrative around the Calavo integration and the company's earnings power.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 28.8% of the 1700 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.60%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AVO was trading at $12.51 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $10.07 to $15.53. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.