Zacks downgrades Limoneira stock to Strong Sell

Published on 10/20/2026 at 20:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue fell to USD 43.81 million from USD 47.50 million. Limoneira stock costs EUR 9.95 on October 20, 2026 at 8:34 p.m. CEST.

Analyst rating and operating figures

Zacks Research downgraded Limoneira from Hold to Strong Sell on October 14, 2026.
Third-quarter fiscal 2026 revenue reached USD 43.81 million, down from USD 47.50 million.
Limoneira stock costs EUR 9.95 at Lang & Schwarz on October 20, 2026 at 8:34 p.m. CEST.

LMNR, US5327461043, Illustration mit AI erstellt.

Limoneira Company (ISIN US5327461043) was downgraded from Hold to Strong Sell by Zacks Research in a report dated October 14, 2026, according to MarketBeat. The downgrade adds a more cautious analyst view after Limoneira's latest quarterly report. At 8:34 p.m. CEST on October 20, 2026, the stock was trading at EUR 9.95 at Lang & Schwarz.

Revenue fell in the third quarter

Limoneira reported USD 43.81 million in total revenue for the third quarter of fiscal 2026, down from USD 47.50 million in the same period of fiscal 2025. That represents a decline of 7.77 percent, according to FreshPlaza.

The quarter also showed a split within the produce business. Fresh lemon carton revenue rose to USD 27.30 million from USD 23.80 million, while avocado revenue declined to USD 8.00 million from USD 8.50 million. The average avocado price fell to USD 1.15 per pound from USD 1.50, even as sales increased to 7.013 million pounds from 5.654 million pounds.

Nasdaq valuation remains closely watched

Limoneira's operating loss widened to USD 3.00 million from USD 0.60 million in the third quarter of fiscal 2026, while adjusted EBITDA increased to USD 3.90 million from USD 3.00 million. The contrasting figures leave the analyst downgrade centered on weak reported earnings and the company's ability to convert crop growth into profit.

On Nasdaq, Limoneira was last quoted at USD 11.19 on October 20, 2026 at 2:37 p.m. ET. Its 52-week range was USD 11.12 to USD 15.43, placing the latest US quote USD 0.07 above the low and USD 4.24 below the high. The market capitalization was USD 202.8 million as of October 20, 2026.

December 23 earnings date

Limoneira lists December 23, 2026 as its next earnings date. The company operates in fruit production, lemon packing, real estate development and capital investment, with roughly 7,000 acres of land and water resources, according to Limoneira Company.

What the rating change means

The analyst split is visible in the numbers. MarketBeat reported an average target of USD 16.50 and a consensus Hold rating, while Zacks Research moved its own view from Hold to Strong Sell on October 14, 2026. The target remains above the latest Nasdaq quote, but the recent revenue decline and wider operating loss provide the central counterweight.

Limoneira stock stays under review

Limoneira's latest quarter combined USD 43.81 million of revenue with a USD 3.00 million operating loss, while adjusted EBITDA reached USD 3.90 million. At Lang & Schwarz, the stock was trading at EUR 9.95 on October 20, 2026 at 8:34 p.m. CEST.

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