Agrova Baltics announces that Signet Bank has published an updated analyst valuation of Agrova Baltics shares, taking into account the company's 2025 financial results. The analysts have set a target price of EUR 8.00 per share, representing approximately 64% upside potential compared to the share price of EUR 4.90 as of 12 May 2026.
According to the valuation, Agrova Baltics successfully completed its fourth investment phase in 2025, achieving the targets set during the IPO both in terms of production capacity expansion and financial performance. Growth was driven by the launch of two new poultry facilities and an almost 60% increase in egg production capacity.
In 2025, Agrova Baltics generated revenue of EUR 24.3 million, representing a 92% increase year-on-year. Adjusted EBITDA reached EUR 9.2 million, up 257% year-on-year and exceeding the IPO target by 8%, while net profit increased to EUR 5.2 million.
The valuation also highlights Agrova Baltics' next development phase. By the first half of 2027, the company plans to open three additional poultry facilities, increasing production capacity by approximately 56% to 280 million eggs annually. The investment programme also includes expansion of egg sorting and packaging capacity, feed production facilities, and the development of organic fertiliser production.
According to Signet Bank forecasts, Agrova Baltics revenue could increase to EUR 29.1 million in 2026 and EUR 37.2 million in 2027. EBITDA is projected at EUR 10.7 million and EUR 14.4 million respectively.
The valuation also outlines external risks related to potential cost increases and supply chain disruptions, particularly regarding fuel, fertiliser, and feed prices. At the same time, Signet Bank notes that eggs remain one of the most affordable and cost-efficient sources of animal protein, supporting relatively resilient demand even during more challenging economic conditions.
The full Signet Bank analyst valuation is available here:
https://signetbank.com/wp-content/uploads/2026/05/Agrova_val_update_May12.pdf
The shares of AS Agrova Baltics are admitted to trading on Nasdaq Baltic First North Market.