Deere & Company (NYSE:DE) Receives $524.20 Consensus Target Price from Brokerages

Shares of Deere & Company (NYSE:DE) have been given an average recommendation of “Moderate Buy” by the twenty-four ratings firms that are covering the company, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $607.20.

DE has been the subject of a number of research analyst reports. Wolfe Research raised their price target on Deere & Company from $520.00 to $550.00 and gave the stock an “outperform” rating in a research note on Friday, January 2nd. Robert W. Baird upped their price objective on shares of Deere & Company from $467.00 to $675.00 and gave the stock a “neutral” rating in a report on Friday. JPMorgan Chase & Co. cut their target price on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a research note on Friday, December 19th. Bank of America boosted their price target on shares of Deere & Company from $502.00 to $672.00 and gave the company a “neutral” rating in a research report on Friday. Finally, UBS Group increased their price target on shares of Deere & Company from $535.00 to $775.00 and gave the stock a “buy” rating in a research note on Friday.

Deere & Company Stock Up 0.1%

NYSE DE opened at $662.74 on Wednesday. Deere & Company has a 1 year low of $404.42 and a 1 year high of $674.19. The stock has a market capitalization of $179.65 billion, a PE ratio of 37.36, a PEG ratio of 2.64 and a beta of 1.02. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The business’s 50-day moving average is $522.56 and its 200 day moving average is $491.02.

Deere & Company (NYSE:DE) last released its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.52. The business had revenue of $9.61 billion during the quarter, compared to analysts’ expectations of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business’s revenue was up 17.5% on a year-over-year basis. During the same quarter last year, the business posted $3.19 EPS. Sell-side analysts forecast that Deere & Company will post 19.32 earnings per share for the current year.

Deere & Company Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 9th. Stockholders of record on Wednesday, December 31st were paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Wednesday, December 31st. Deere & Company’s dividend payout ratio (DPR) is presently 36.53%.

Insider Activity at Deere & Company

In related news, CEO John C. May II sold 41,472 shares of the company’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $501.49, for a total value of $20,797,793.28. Following the sale, the chief executive officer directly owned 117,970 shares of the company’s stock, valued at $59,160,775.30. This represents a 26.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Cory J. Reed sold 12,000 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the completion of the transaction, the insider owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. This trade represents a 36.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 64,578 shares of company stock worth $32,471,682 over the last 90 days. 0.29% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Deere & Company

Several hedge funds have recently bought and sold shares of the business. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Deere & Company in the 2nd quarter worth approximately $25,000. Howard Hughes Medical Institute purchased a new position in Deere & Company during the second quarter valued at $27,000. Strategic Advocates LLC bought a new stake in Deere & Company in the third quarter worth $25,000. Key Capital Management INC purchased a new stake in shares of Deere & Company in the fourth quarter worth $27,000. Finally, Timmons Wealth Management LLC purchased a new stake in shares of Deere & Company in the fourth quarter worth $29,000. Institutional investors own 68.58% of the company’s stock.

Key Stories Impacting Deere & Company

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

• Positive Sentiment: Q1 beat and raised FY guidance — Deere reported Q1 revenue of $9.61B and EPS of $2.42 (above estimates) and raised fiscal‑2026 net‑income guidance to $4.5B–$5.0B, which traders interpreted as confirmation that order trends and construction demand are improving. Deere Lifts Full-Year Profit Forecast as Construction, Sales Rebound (Reuters)
• Positive Sentiment: Large analyst price‑target upgrades — several firms jumped their targets after the beat-and-raise (notable moves: Truist to $793, DA Davidson to $775, Wells Fargo to $750, RBC to $736, BofA to $672), supporting further upside expectations. Wall Street Goes Wild For Deere: The Real Reason Analysts Are Hiking Price Forecasts (Benzinga)
• Positive Sentiment: Construction recovery, product strategy and M&A — management says 2026 may be the bottom of the farm cycle and highlighted strength in construction and small‑ag; Deere completed the Tenna acquisition and is pushing AI/connected‑equipment initiatives, which boost long‑term growth narrative. John Deere Completes Acquisition of Tenna (ForConstructionPros)
• Neutral Sentiment: Some analysts remain cautious despite higher targets — a few shops raised targets but kept market‑perform/neutral ratings (e.g., Sanford Bernstein, BMO), signaling mixed conviction beneath the bullish headlines. Bernstein Adjusts Price Target on Deere to $615 from $521; Maintains Market Perform (MarketScreener)
• Negative Sentiment: Profit and margin headwinds remain — net income fell year‑over‑year (to ~$656M) as tariffs and an unfavorable sales mix pressured margins; that keeps some earnings risk if tariffs or costs persist. Deere Profit Sinks as Tariffs Weigh on Margins (WSJ)

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.