Deere (DE) Stock Overview
Engages in the manufacture and distribution of various equipment worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
DE Community Fair Values
Create NarrativeSee what 219 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Deere & Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$681.46 |
| 52 Week High | US$705.88 |
| 52 Week Low | US$433.00 |
| Beta | 0.91 |
| 1 Month Change | 11.93% |
| 3 Month Change | 16.43% |
| 1 Year Change | 45.27% |
| 3 Year Change | 65.87% |
| 5 Year Change | 100.59% |
| Change since IPO | 30,685.95% |
Recent News & Updates
Seeking Alpha • Sep 11
Deere & Company: Showing Leverage, But Not Enough To Justify The Share Price
Summary John Deere receives a Hold rating due to a disconnect between muted revenue growth expectations and a sharply elevated share price. Despite strong segmental performance and margin improvements, DE’s forward valuation at 39x FWD EV/EBIT is not justified by high single-digit revenue growth. Construction & Forestry and Small Ag & Turf segments are offsetting weakness in Production & Precision Ag, with robust demand and margin expansion aided by price realization. Recurring customer loyalty and a dominant market position support a premium, but cyclical end markets and margin pressures cap upside at the current valuation. Read the full article on Seeking Alpha
Narrative Update • Sep 04
DE: Construction Strength And 2027 Farm Replacement Demand Will Support Post Cycle Recovery Potential
Analysts have lifted the Deere fair value estimate from $644.21 to $685.19, reflecting updated views that improving North America replacement demand, stronger farm fundamentals into 2027, and sustained margin support justify a modestly lower discount rate, slightly lower revenue growth assumptions, a higher profit margin outlook, and a reduced future P/E multiple. Analyst Commentary Recent Street research on Deere points to a mixed but generally constructive view on the stock, with several firms updating models after fiscal Q3 results and refreshed assumptions for 2026 and 2027.Recent updates
Seeking Alpha • Sep 11
Deere & Company: Showing Leverage, But Not Enough To Justify The Share Price
Summary John Deere receives a Hold rating due to a disconnect between muted revenue growth expectations and a sharply elevated share price. Despite strong segmental performance and margin improvements, DE’s forward valuation at 39x FWD EV/EBIT is not justified by high single-digit revenue growth. Construction & Forestry and Small Ag & Turf segments are offsetting weakness in Production & Precision Ag, with robust demand and margin expansion aided by price realization. Recurring customer loyalty and a dominant market position support a premium, but cyclical end markets and margin pressures cap upside at the current valuation. Read the full article on Seeking AlphaNarrative Update • Sep 04
DE: Construction Strength And 2027 Farm Replacement Demand Will Support Post Cycle Recovery Potential
Analysts have lifted the Deere fair value estimate from $644.21 to $685.19, reflecting updated views that improving North America replacement demand, stronger farm fundamentals into 2027, and sustained margin support justify a modestly lower discount rate, slightly lower revenue growth assumptions, a higher profit margin outlook, and a reduced future P/E multiple. Analyst Commentary Recent Street research on Deere points to a mixed but generally constructive view on the stock, with several firms updating models after fiscal Q3 results and refreshed assumptions for 2026 and 2027.
Narrative Update • Aug 21
DE: Elevated Multiple Will Face Test From Uneven Agricultural Equipment Demand
Deere's fair value estimate has been nudged higher to about $513, reflecting analysts' higher price targets after better early order trends, stronger recent quarterly results, and expectations for an eventual recovery in agricultural equipment demand, despite ongoing regional and pricing headwinds. Analyst Commentary Recent research on Deere points to a mixed backdrop, with several firms lifting price targets after quarterly results while still flagging meaningful risks around execution, pricing, and end market demand.
Narrative Update • Jul 15
DE: AI Precision Investment And Tariff Relief Will Support Future Upside
Analysts have raised their price targets on Deere, increasing fair value estimates from $759.00 to about $803.77. This shift is supported by expectations for steadier margins, a slightly lower discount rate, modestly higher future P/E assumptions, and generally constructive sector research.Narrative Update • Jul 01
DE: Tariff Relief And AI Efficiency Gains Will Support Future Upside
Analysts have trimmed their fair value estimate for Deere to $759 from $793 as they factor in more moderate revenue growth assumptions, even as Street research highlights potential tariff relief and a mixed pattern of price target revisions across the sector. Analyst Commentary Street research on Deere is mixed, but there is a clear camp of bullish analysts highlighting tariff relief, execution on recent quarters, and the potential for a more constructive backdrop in North American agriculture and construction equipment over the next several years.Analysis Article • Jun 19
Deere (DE) Stock Could Be 8.5% Undervalued After Q1 Earnings Beat
Deere (DE) is back in focus after a Q1 earnings report that topped analyst revenue expectations by 2.5%, with strong contributions from Small Agriculture and Construction & Forestry helping lift the stock. See our latest analysis for Deere. Beyond the Q1 beat, Deere’s recent momentum has been building, with a 30-day share price return of 5.59% and year-to-date share price return of 26.23%, alongside a 5-year total shareholder return of 79.47%. If Deere’s move has you thinking about what else...Narrative Update • Jun 17
DE: Tariff Relief And Construction Strength Will Support Post Cycle Recovery Potential
Deere's analyst price target is revised modestly higher to $644.21 as analysts factor in updated agriculture fundamentals, tariff adjustments, and refined expectations for North America retail volumes and pricing. Analyst Commentary Recent research on Deere stock highlights a mix of optimism and caution as analysts reassess price targets, earnings drivers, and the impact of tariff changes on the company’s outlook.Narrative Update • Jun 03
DE: Tariff Relief And Construction Strength Will Balance Large Ag Uncertainty
Analysts now see fair value for Deere at about $643, down from roughly $665. This reflects a mix of slightly higher discount rate assumptions, stronger projected revenue growth and margins, and a lower future P/E, alongside recent shifts in price targets and tariff related earnings commentary.Narrative Update • May 09
DE: Construction Strength And Expected Large Ag Recovery Will Support Future Earnings
Narrative Update: Deere The analyst price target on Deere has been adjusted to reflect a more balanced risk and reward profile. Recent research highlights mixed views on valuation, with several firms raising targets by $25 to above $200, while others have flagged the stock as a bearish pick or issued downgrades even as they raised targets.Narrative Update • Apr 21
DE: Construction Momentum And Pending Large Ag Recovery Will Support Future Earnings
The analyst fair value estimate for Deere has increased by about $1 to $665, reflecting modest adjustments to growth, profit and P/E assumptions as analysts weigh recent price target increases against mixed views on valuation and the timing of an agriculture recovery. Analyst Commentary Recent research on Deere is divided, with many firms lifting price targets and talking up execution, while others focus on valuation risk and the timing of an agriculture recovery.Narrative Update • Apr 05
DE: Construction Strength And Anticipated Large Ag Upswing Will Support Future Earnings
Analysts have made a small upward adjustment to the Deere price target, adding roughly $0.50. This reflects slightly higher modeled revenue growth and future P/E expectations, partially offset by a modestly higher discount rate and a stable profit margin outlook.Narrative Update • Mar 22
DE: Construction Momentum And Large Ag Recovery Will Support Future Earnings Momentum
Analysts have made a small downward reset to the model driven price target for Deere, trimming it by about $2 to $663.51. A slightly higher discount rate offsets broadly supportive views around stronger Q1 results, healthier Large Ag orders, and improving trends in construction and small ag and turf.Narrative Update • Mar 08
DE: Construction Strength And Large Ag Recovery Will Support Future Earnings Momentum
We are nudging our fair value estimate for Deere up from $630 to about $666 per share, reflecting analysts' higher price targets following a strong Q1 beat, healthier Large Ag order trends, and better support from Construction and Small Ag/Turf, even as views differ on how much of the next cycle is already priced in. Analyst Commentary Street research after Deere's Q1 report reflects a mix of enthusiasm about execution and caution around how much optimism is already embedded in the share price.New Narrative • Mar 07
Construction Tailwinds And Equipment Pricing Power Will Eventually Fade For This Machinery Giant
Catalysts About Deere Deere & Company designs, manufactures and finances agricultural, construction and forestry equipment for customers globally. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 22
DE: Q1 Beat And Construction Strength Will Support Earnings Recovery As Cycle Bottoms
Analysts have raised their implied fair value estimate for Deere from about $527 to about $630, citing stronger than expected Q1 results, an improved margin outlook, and higher long-term earnings power. This view is reflected in a slightly lower discount rate, steadier revenue expectations, and a similar future P/E multiple.New Narrative • Feb 21
Long Term Construction Upswing And Aging Farm Fleets Will Support A Stronger Outlook
Catalysts About Deere Deere manufactures equipment and technology for agriculture, construction, forestry and related financial services. What are the underlying business or industry changes driving this perspective?Analysis Article • Jan 07
Shareholders Should Be Pleased With Deere & Company's (NYSE:DE) Price
Deere & Company's ( NYSE:DE ) price-to-earnings (or "P/E") ratio of 26.1x might make it look like a sell right now...Narrative Update • Dec 23
DE: Precision Ag Subscriptions Will Support Earnings Recovery As Downturn Nears Trough
Analysts have nudged our fair value estimate for Deere modestly higher by about $1.50 per share to roughly $527, reflecting increased confidence that Precision Ag subscription growth and a maturing earnings downturn will support steadier profitability despite a still mixed cyclical backdrop. Analyst Commentary Recent Street commentary on Deere underscores a constructive long term outlook supported by Precision Ag adoption and technology driven differentiation, tempered by caution around near term cyclical headwinds and used equipment dynamics.Narrative Update • Dec 09
DE: Precision Ag Subscriptions Will Drive Future Earnings Recovery Despite Cyclical Headwinds
Analysts have modestly raised their price target on Deere to approximately $540 from about $535, reflecting increased confidence in the long term earnings power from its expanding Precision Ag subscription base and data enabled ecosystem, even as they acknowledge a near term cyclical downturn and a mixed demand backdrop. Analyst Commentary Recent Street research on Deere reflects a generally constructive stance on the shares, with analysts emphasizing the company’s growing Precision Ag subscription base, data driven offerings, and potential earnings recovery as key drivers of long term value, even as they flag near term cyclical and inventory related risks.Analysis Article • Dec 07
Deere (NYSE:DE) Is Paying Out A Dividend Of $1.62
The board of Deere & Company ( NYSE:DE ) has announced that it will pay a dividend on the 9th of February, with...Narrative Update • Nov 25
DE: Technology-Driven Offerings Will Aid Earnings Recovery Amid Steel Tariff Headwinds
Deere's analyst price target was modestly increased to $525.78 from $525.40, reflecting analysts' expectations for ongoing growth in Precision Ag adoption, technology-driven profitability, and constructive long-term fundamentals. This outlook remains despite mixed cyclical indicators and tariff headwinds.Narrative Update • Nov 08
DE: Technology Ecosystem Will Drive Earnings Recovery After Tariff Headwinds
Deere’s analyst price target increased slightly by $0.45 to $525.40. Analysts cite improving revenue growth, embedded technology advantages, and expectations for an earnings recovery in 2027 that are starting to be reflected in forecasts.Narrative Update • Oct 24
Precision Farming Advances Will Drive Cycle Recovery Despite Headwinds
Deere's analyst price target was revised slightly lower to approximately $524.95. This modest decrease reflects analysts' cautious outlook on near-term agriculture fundamentals, tariff impacts, and expectations for a longer earnings recovery cycle, balanced by ongoing innovation and the company's strong market position.Narrative Update • Oct 10
Precision Agriculture And Automation Will Boost Global Reach
Deere's analyst price target has been modestly reduced to approximately $525 from $533. Analysts cite updated tariff headwinds, along with softening revenue growth and profit margin projections, in their revised outlooks.Narrative Update • Sep 04
Precision Agriculture And Automation Will Boost Global Reach
Analysts cite increased steel and aluminum tariffs as a margin headwind and lingering weak global ag demand, but also highlight Deere’s strong Q3 Small Ag performance, lower dealer inventories, and an expected cyclical earnings upturn in FY26, resulting in no change to the consensus price target at $534.61. Analyst Commentary Bearish analysts lowered price targets to reflect updated Section 232 tariffs, which significantly increase the cost of steel and aluminum content in imported products, posing a headwind to margins and earnings.Seeking Alpha • Mar 21
Deere: What Turnaround? (Technical Analysis)
Summary Deere's technicals are currently mixed, with the chart and moving averages favouring an upside breakout while the indicators show that the top is likely in for the stock. Most recent earnings show weak financials, with revenue and EPS growth hitting three-year lows. Guidance shows that net income declines may moderate modestly in 2025. The valuation has gotten ahead of itself, as expansion in the P/S and P/E ratios are unjustified by the fundamentals of the business. Therefore, I initiate DE stock at a sell rating on technical uncertainty and fundamental unattractiveness. Read the full article on Seeking AlphaShareholder Returns
| DE | US Machinery | US Market | |
|---|---|---|---|
| 7D | -1.7% | -1.4% | -0.9% |
| 1Y | 45.3% | 28.9% | 13.9% |
Return vs Industry: DE exceeded the US Machinery industry which returned 28.9% over the past year.
Return vs Market: DE exceeded the US Market which returned 13.9% over the past year.
Price Volatility
| DE volatility | |
|---|---|
| DE Average Weekly Movement | 4.8% |
| Machinery Industry Average Movement | 6.0% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: DE has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: DE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1837 | 73,100 | John May | www.deere.com |
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts.
Deere & Company Fundamentals Summary
| DE fundamental statistics | |
|---|---|
| Market cap | US$182.20b |
| Earnings (TTM) | US$4.87b |
| Revenue (TTM) | US$47.93b |
37.7x
P/E Ratio3.8x
P/S RatioIs DE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DE income statement (TTM) | |
|---|---|
| Revenue | US$47.93b |
| Cost of Revenue | US$30.81b |
| Gross Profit | US$12.07b |
| Other Expenses | US$7.20b |
| Earnings | US$4.87b |
Last Reported Earnings
Aug 02, 2026
Next Earnings Date
Nov 25, 2026
| Earnings per share (EPS) | 18.07 |
| Gross Margin | 25.18% |
| Net Profit Margin | 10.17% |
| Debt/Equity Ratio | 228.6% |
How did DE perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield36%
Payout RatioDoes DE pay a reliable dividends?
See DE dividend history and benchmarks| Deere dividend dates | |
|---|---|
| Ex Dividend Date | Sep 30 2026 |
| Dividend Pay Date | Nov 09 2026 |
| Days until Ex dividend | 15 days |
| Days until Dividend pay date | 55 days |
Does DE pay a reliable dividends?
See DE dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/14 02:13 |
| End of Day Share Price | 2026/09/14 00:00 |
| Earnings | 2026/08/02 |
| Annual Earnings | 2025/11/02 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Deere & Company is covered by 47 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Mircea Dobre | Baird |
| Adam Seiden | Barclays |