Gruma cuts fair value estimate for Gruma stock to MXN 332.92

Published on 10/19/2026 at 09:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 2026 revenue reached USD 1.65 billion, up 3.10 percent. Gruma stock costs EUR 11.75 on October 19, 2026 before October 21 results.

Fair value and earnings dates

Analysts reduced Gruma's fair value estimate from MXN 350.31 to MXN 332.92 on October 15, 2026.
Second-quarter 2026 revenue reached USD 1.65 billion, up 3.10 percent year over year.
Gruma stock trades at EUR 11.75 at 9:05 a.m. CEST at Lang & Schwarz on October 19, 2026.

Gruma, MXP4948K1056, Illustration mit AI erstellt.

Gruma (ISIN MXP4948K1056) faces a lower valuation estimate as fair value fell from MXN 350.31 to MXN 332.92 on October 15, 2026. Yahoo Finance linked the revision to softer earnings expectations and margin questions in the United States and Mexico.

Valuation resets before results

The revised estimate followed a period of weaker earnings momentum. The same report said JPMorgan had cut its target from MXN 330.00 to MXN 300.00 on July 31, 2026, while Barclays reduced its target from MXN 305.00 to MXN 275.00. Those figures point to a more cautious valuation debate rather than a single isolated adjustment.

For the business itself, second-quarter 2026 revenue was USD 1.65 billion, up 3.10 percent from the second quarter of 2025, while net income was USD 118.70 million, down 12.00 percent. Simply Wall St reported that the quarter also included earnings per share of USD 0.35, down from USD 0.38 a year earlier.

What do the latest results mean?

The comparison shows the central tension for Gruma: revenue expanded, but profit and earnings per share weakened. In the first quarter of 2026, revenue was USD 1.62 billion and net income was USD 100.60 million, compared with USD 1.55 billion and USD 125.90 million in the first quarter of 2025, respectively. The figures keep margin performance central to the next valuation update.

Three dates frame the story

On February 20, 2026, Gruma's fiscal year 2025 revenue was USD 6.37 billion, down 1.70 percent from fiscal year 2024. On April 24, 2026, first-quarter revenue reached USD 1.62 billion, up 4.90 percent year over year. On July 24, 2026, second-quarter revenue reached USD 1.65 billion, while net income fell to USD 118.70 million. Simply Wall St carries the reported periods and comparisons.

Next reporting date is October 21

The next substantiated event is Gruma's third-quarter 2026 results, scheduled for October 21, 2026, according to Simply Wall St. Investors will have a fresh test of whether revenue growth can translate into stronger profit after the second-quarter decline.

Gruma stock ahead of results

Gruma stock was trading at EUR 11.75 at Lang & Schwarz on October 19, 2026 at 9:05 a.m. CEST. The BMV listing stood at MXN 242.71 at the October 16, 2026 close, with a 52-week range of MXN 225.08 to MXN 351.85.

The further course of trading is shown by the continuously updated real-time quote of Gruma stock.