Shares of Deere & Company (NYSE:DE – Get Free Report) have earned an average rating of “Moderate Buy” from the twenty-five analysts that are covering the firm, Marketbeat.com reports. Nine research analysts have rated the stock with a hold recommendation and sixteen have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $655.45.
DE has been the topic of several research reports. Barclays boosted their price target on shares of Deere & Company from $530.00 to $640.00 and gave the company an “overweight” rating in a research report on Tuesday, March 31st. Oppenheimer reaffirmed an “outperform” rating and set a $715.00 target price on shares of Deere & Company in a report on Friday, February 20th. Wells Fargo & Company upped their target price on shares of Deere & Company from $543.00 to $750.00 and gave the stock an “overweight” rating in a report on Friday, February 20th. Morgan Stanley upped their target price on shares of Deere & Company from $560.00 to $730.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Finally, Robert W. Baird decreased their target price on shares of Deere & Company from $675.00 to $580.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd.
Read Our Latest Research Report on Deere & Company
Hedge Funds Weigh In On Deere & Company
Deere & Company Stock Performance
NYSE DE opened at $574.70 on Monday. The company’s 50 day moving average is $586.28 and its 200-day moving average is $532.75. Deere & Company has a 12-month low of $433.00 and a 12-month high of $674.19. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59. The firm has a market cap of $155.23 billion, a P/E ratio of 32.40, a price-to-earnings-growth ratio of 2.03 and a beta of 0.96.
Deere & Company (NYSE:DE – Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The company had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same quarter in the previous year, the firm posted $3.19 earnings per share. The company’s quarterly revenue was up 17.5% compared to the same quarter last year. Sell-side analysts predict that Deere & Company will post 18.01 earnings per share for the current year.
Deere & Company Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, May 8th. Investors of record on Tuesday, March 31st were issued a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, March 31st. Deere & Company’s dividend payout ratio is 36.53%.
Key Deere & Company News
Here are the key news stories impacting Deere & Company this week:
- Positive Sentiment: New commentary highlighted Deere as an agtech and food-innovation beneficiary, pointing to demand for smarter farming, sustainable ingredients, and protein solutions that could support long-term revenue growth. 3 AgTech & Food Innovation Stocks to Watch as Food Systems Evolve
- Positive Sentiment: A Seeking Alpha analysis argued Deere could be heading toward a Q2 earnings beat, citing industry tailwinds that may help support demand and investor sentiment ahead of results. Deere: Q2 Earnings Beat Could Be On The Way With Industry Tailwinds
- Positive Sentiment: Investors also got a constructive industry backdrop from a report projecting the forestry equipment market to expand through 2030, which supports Deere’s exposure to forestry and broader equipment demand. Forestry Equipment Industry Report 2026
- Neutral Sentiment: Deere appointed Brent Norwood as CFO, a leadership change that keeps attention on valuation, capital allocation, and execution of its Smart Industrial strategy, but does not appear to be an immediate earnings driver. New Deere CFO Appointment Puts Focus On Valuation And Capital Allocation
- Neutral Sentiment: Supplier-recognition updates for Deere partners reinforced the company’s manufacturing ecosystem, but these announcements are not likely to materially move DE shares on their own. Ascent Global Logistics Earns Recognition as a John Deere Partner-Level Supplier
- Negative Sentiment: Recent market coverage noted Deere has been declining more than the broader market, reflecting investor caution after the stock’s recent run and suggesting some near-term profit-taking. Deere (DE) Dips More Than Broader Market: What You Should Know
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.
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