Deere & Company

(New York Stock Exchange)
Back to all articles
Slightly Bullish +25

Deere & Company (DE) Stock Forecast & Price Target (2026)

Analyst upgrade Earnings report AI-generated analysis

πŸ“ˆ Analysts maintain a bullish outlook with 16 of 25 ratings as Buy/Strong Buy and a median price target of $728.00, implying 16.1% upside.

πŸ“‰ Revenue growth decelerated to 4.90% year-over-year in the latest quarter, significantly trailing the Industrials sector median of 11.7%.

πŸ’° The company beat EPS estimates by 8.28% in the most recent quarter, resulting in a 4.27% stock price gain on the first trading session.

πŸ“‰ Fiscal year 2025 revenue contracted 11.6% to $44.7 billion, down from $50.5 billion the prior year.

πŸ“‰ Net profit margins compressed to 11.2% in FY2025 from 14.0% a year earlier.

πŸ“‰ Technical momentum is bearish with an RSI of 38.0 and the stock trading below its 50-day moving average.

πŸ’Έ Insider selling pressure is evident with $55.9 million in open-market sales over the last 18 months and no purchases.

πŸ“Š The stock has gained 36.75% over the past year but faces headwinds from negative MACD signals.

🏦 Valuation metrics show a P/E of 35.68, which is 4.9% above the Industrials sector median of 34.0.

πŸ“… Recent upgrades include Evercore ISI moving to Outperform on September 3, 2026, and Baird upgrading to Outperform on August 31, 2026.

Bullish Signals
  • Analyst consensus is strongly supportive with 16 of 25 analysts rating the stock as Buy or Strong Buy.
  • The median analyst price target is $728.00, representing a 16.1% upside potential from the current trading price.
  • Deere beat EPS estimates by 8.28% in the latest quarter, driving a positive 4.27% stock reaction on the first session.
  • The company has beaten analyst EPS estimates in 5 of its last 6 reported quarters.
  • Return on equity stands at 18.24%, which is above the Industrials sector median of 17.8%.
  • Evercore ISI upgraded the stock to Outperform from In-Line on September 3, 2026.
  • Baird upgraded the stock to Outperform from Neutral on August 31, 2026.
Risk Factors
  • Revenue growth slowed to 4.90% year-over-year in the latest quarter, trailing the Industrials sector median by 6.8 percentage points.
  • Fiscal year 2025 revenue declined 11.6% to $44.7 billion, marking a significant contraction from the prior year.
  • Net profit margins compressed to 11.2% in FY2025, down from 14.0% the previous year.
  • Technical momentum is bearish with an RSI of 38.0 and the stock trading below its 50-day moving average.
  • Insider activity shows net selling pressure with $55.9 million in open-market sales over the last 18 months and no purchases.
  • The stock price dropped in the first session after one of the five recent EPS beats, indicating mixed market reaction to earnings surprises.
Full Analysis
Deere & Company (DE) is currently trading at $627.00 as of October 20, 2026, with a market capitalization of $169.06 billion and a trailing P/E ratio of 35.68. The stock carries a 'Hold' rating from CleaRank Financial AI with a model score of 55/100. Analyst consensus is bullish, with 16 out of 25 analysts rating the stock as a buy or strong buy, setting a median 12-month price target of $728.00, which represents a 16.1% upside from current levels. Recent financial performance shows mixed signals. In the latest quarter ending August 20, 2026, DE reported EPS of $5.10, beating analyst estimates by 8.28% and driving a 4.27% stock price increase in the following session. However, year-over-year revenue growth slowed to 4.90%, trailing the Industrials sector median of 11.7%. Over the full fiscal year 2025, revenue declined 11.6% to $44.7 billion, and net margins compressed from 14.0% to 11.2%. Technical indicators suggest a bearish short-term trend despite long-term strength. The stock is trading below its 50-day moving average of $656.66 but remains above its 200-day average of $597.67. Momentum metrics are weak, with the 14-day Relative Strength Index (RSI) at 38.0 in the bearish zone and a negative MACD line. Insider activity has been net negative over the last 18 months, with $55.9 million in open-market sales and no purchases recorded.