Deere & Company (NYSE:DE) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Deere & Company (NYSE:DE) had its price target raised by equities research analysts at JPMorgan Chase & Co. from $570.00 to $585.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 7.65% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Seaport Research Partners set a $570.00 price target on Deere & Company in a research note on Friday, August 14th. Citigroup reissued a “neutral” rating on shares of Deere & Company in a research note on Friday. DA Davidson set a $585.00 price objective on Deere & Company in a report on Friday. Oppenheimer raised their price objective on shares of Deere & Company from $680.00 to $685.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Raymond James Financial reduced their target price on shares of Deere & Company from $765.00 to $700.00 and set an “outperform” rating for the company in a research note on Friday, May 22nd. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $641.38.

Deere & Company Stock Up 2.0%

Shares of NYSE DE traded up $12.51 during mid-day trading on Friday, reaching $633.45. The company had a trading volume of 783,336 shares, compared to its average volume of 1,373,890. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.95 and a current ratio of 2.18. The stock has a market capitalization of $170.99 billion, a PE ratio of 35.89, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90. The stock’s 50 day moving average is $605.47 and its 200-day moving average is $590.34.

Deere & Company (NYSE:DE) last released its quarterly earnings data on Thursday, August 20th. The industrial products company reported $5.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The firm had revenue of $12.61 billion during the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter last year, the firm earned $4.75 earnings per share. The business’s revenue for the quarter was up 6.2% on a year-over-year basis. As a group, equities analysts anticipate that Deere & Company will post 18.21 earnings per share for the current fiscal year.

Institutional Trading of Deere & Company

Several large investors have recently modified their holdings of the company. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Deere & Company in the second quarter valued at about $27,000. Kilter Group LLC bought a new position in Deere & Company in the 2nd quarter worth approximately $29,000. Timmons Wealth Management LLC bought a new position in Deere & Company in the 4th quarter worth approximately $29,000. McIlrath & Eck LLC acquired a new position in shares of Deere & Company during the fourth quarter worth approximately $30,000. Finally, Solstein Capital LLC bought a new stake in shares of Deere & Company in the second quarter valued at approximately $30,000. 68.58% of the stock is owned by institutional investors.

Deere & Company News Summary

Here are the key news stories impacting Deere & Company this week:

• Positive Sentiment: Deere reported fiscal Q3 earnings of $5.10 per share on revenue of $12.61 billion, exceeding analyst expectations. Net income rose to $1.379 billion from $1.289 billion a year earlier, while sales increased roughly 5%-6%. Deere Reports Third Quarter Net Income of $1.379 Billion
• Positive Sentiment: Management raised fiscal 2026 net-income guidance to $4.75 billion-$5.00 billion and expects $5.0 billion-$5.5 billion in equipment-operations cash flow, improving confidence in near-term profitability. Deere Raises Fiscal 2026 Outlook
• Positive Sentiment: Construction & Forestry and Small Agriculture & Turf outperformed, offsetting weakness in Production & Precision Agriculture. Demand tied to data centers, energy infrastructure, and other construction projects is providing Deere with an important growth engine. Deere Stock Soars After Construction Unit Drives Earnings Beat
• Positive Sentiment: Deere characterized fiscal 2026 as potentially the bottom of the current agricultural cycle and cited improving early order trends for 2027, raising expectations for a farm-equipment recovery. Analysts subsequently lifted price targets, including targets of $640 and $685. DE Q3 Earnings Call Highlights
• Neutral Sentiment: Robert W. Baird raised its price target from $525 to $640 but maintained a Neutral rating, suggesting much of the improved outlook may already be reflected in the valuation. Deere Analysts Increase Their Forecasts
• Negative Sentiment: The core agricultural market remains pressured by weak farm economics, and management indicated that a broader farm recovery may not arrive until 2027. Tariff and regional sales pressures also remain risks to margins and demand. Deere Narrows Profit Outlook as Farm Recovery Seen in 2027

Deere & Company Company Profile

Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.

The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.