Deere & Company (NYSE:DE) Price Target Raised to $500.00

Posted by Jeff Wilder on Feb 20th, 2026

Deere & Company (NYSE:DE – Get Free Report) had its price target hoisted by investment analysts at BMO Capital Markets from $460.00 to $500.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage currently has a “market perform” rating on the industrial products company’s stock. BMO Capital Markets’ price objective indicates a potential downside of 24.24% from the company’s current price.

DE has been the topic of several other research reports. Wall Street Zen upgraded shares of Deere & Company from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Bank of America boosted their price objective on shares of Deere & Company from $502.00 to $672.00 and gave the company a “neutral” rating in a research report on Friday. Daiwa Securities Group cut their price objective on Deere & Company from $530.00 to $520.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 2nd. JPMorgan Chase & Co. cut their price target on shares of Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. Finally, Wolfe Research boosted their price objective on shares of Deere & Company from $520.00 to $550.00 and gave the company an “outperform” rating in a research report on Friday, January 2nd. Fifteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $586.00.

View Our Latest Stock Analysis on Deere & Company

Deere & Company Price Performance

NYSE:DE traded down $2.06 during midday trading on Friday, hitting $659.95. The company had a trading volume of 479,057 shares, compared to its average volume of 1,680,910. The company has a market capitalization of $178.89 billion, a PE ratio of 35.61, a P/E/G ratio of 2.37 and a beta of 1.02. The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 1.68. Deere & Company has a 52-week low of $404.42 and a 52-week high of $674.19. The stock’s fifty day moving average price is $519.01 and its 200-day moving average price is $490.22.

Deere & Company (NYSE:DE – Get Free Report) last released its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The company had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same quarter in the previous year, the company posted $3.19 EPS. Deere & Company’s quarterly revenue was up 17.5% compared to the same quarter last year. As a group, research analysts expect that Deere & Company will post 19.32 earnings per share for the current year.

Insider Transactions at Deere & Company

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

Institutional Trading of Deere & Company

Institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company grew its stake in shares of Deere & Company by 30.6% in the second quarter. The Manufacturers Life Insurance Company now owns 364,103 shares of the industrial products company’s stock worth $185,143,000 after acquiring an additional 85,351 shares during the period. Csenge Advisory Group boosted its holdings in Deere & Company by 84.9% in the third quarter. Csenge Advisory Group now owns 7,440 shares of the industrial products company’s stock worth $3,402,000 after purchasing an additional 3,416 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new stake in Deere & Company in the 2nd quarter worth approximately $3,615,000. Mesirow Financial Investment Management Inc. raised its stake in Deere & Company by 1.0% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 4,678 shares of the industrial products company’s stock valued at $2,379,000 after buying an additional 45 shares during the last quarter. Finally, WINTON GROUP Ltd bought a new position in shares of Deere & Company during the 2nd quarter valued at $4,550,000. Institutional investors own 68.58% of the company’s stock.

More Deere & Company News

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

Positive Sentiment: Q1 earnings and revenue beat — EPS $2.42 vs. ~ $1.90 est.; revenue $9.61B well above estimates, driven by higher equipment volumes. Deere&Company earnings beat by $0.40, revenue topped estimates
Positive Sentiment: Company raised FY26 net income guidance to $4.5B–$5.0B, citing a rebound in construction and small-ag segments — a key reason shares jumped. Deere lifts full-year profit forecast as construction, sales rebound; shares rise
Positive Sentiment: Market reaction: stock hit fresh highs and surged double digits after the beat-and-raise, as investors price in a recovery cycle. Deere soars to all-time high after beat-and-raise Q1 report
Positive Sentiment: Strategic moves: Deere completed the acquisition of Tenna to expand mixed‑fleet tech and is emphasizing AI and U.S. manufacturing shifts — supports long‑term growth narrative. John Deere Acquires Tenna
Neutral Sentiment: Analyst activity: Bank of America raised its price target to $672 but kept a “neutral” rating, giving limited near‑term upside from current levels. Benzinga note on price target raise
Negative Sentiment: Profit pressures remain: Q1 net income fell YoY to $656M (mix, tariffs and cost headwinds weighed on margins), highlighting lingering risks in large‑ag markets. Deere Profit Sinks as Tariffs Weigh on Margins
Negative Sentiment: Management still cites an uneven ag cycle; recovery concentrated in construction/smaller ag — if large‑ag demand stays weak, upside could be limited. Deere expects $4.5B–$5B net income in 2026

Deere & Company Company Profile

(Get Free Report)

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.