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Deere & CompanyNYSE:DE Stock Report

Market Cap US$159.3b
Share Price
US$577.26
US$665.1
13.2% undervalued intrinsic discount
1Y19.8%
7D2.6%
Portfolio Value
View

Deere & Company

NYSE:DE Stock Report

Market Cap: US$159.3b

Deere (DE) Stock Overview

Engages in the manufacture and distribution of various equipment worldwide. More details

DE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends4/6

DE Community Fair Values

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See what 190 others think this stock is worth. Follow their fair value or set your own to get alerts.

Community Contributor
US$3.87FV 2.6% undervalued intrinsic discount
30972.3%Revenue growth p.a.
180
1
0
4
10d ago

Deere & Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Deere
Historical stock prices
Current Share PriceUS$577.26
52 Week HighUS$674.19
52 Week LowUS$433.00
Beta0.99
1 Month Change1.15%
3 Month Change9.33%
1 Year Change19.85%
3 Year Change51.48%
5 Year Change46.43%
Change since IPO25,978.57%

Recent News & Updates

Recent updates

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.

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.

Deere & Company: Outrunning Broader Markets, Shares Fairly Valued

Mar 26

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.

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.

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?

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.

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?

Shareholders Should Be Pleased With Deere & Company's (NYSE:DE) Price

Jan 07
Shareholders Should Be Pleased With Deere & Company's (NYSE:DE) Price

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.

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.

Deere (NYSE:DE) Is Paying Out A Dividend Of $1.62

Dec 07
Deere (NYSE:DE) Is Paying Out A Dividend Of $1.62

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.

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.

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.

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.

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.

Deere (NYSE:DE) Takes On Some Risk With Its Use Of Debt

Jun 25
Deere (NYSE:DE) Takes On Some Risk With Its Use Of Debt

Investors Interested In Deere & Company's (NYSE:DE) Earnings

Jun 12
Investors Interested In Deere & Company's (NYSE:DE) Earnings

Is Now An Opportune Moment To Examine Deere & Company (NYSE:DE)?

May 29
Is Now An Opportune Moment To Examine Deere & Company (NYSE:DE)?

Are Investors Undervaluing Deere & Company (NYSE:DE) By 24%?

May 06
Are Investors Undervaluing Deere & Company (NYSE:DE) By 24%?

Deere: What Turnaround? (Technical Analysis)

Mar 21

Is Deere Still Cheap?

Feb 18

Deere's Q1 Earnings: Why Investors Want 'Bad News'

Feb 11

As Cyclical Pressures And Strategic Shifts Emerge, I'm Bearish On Deere & Company

Feb 05

Deere: Strong Buy At The Ag Cycle Nadir

Jan 28

Deere: Another Challenging Year Ahead (Rating Downgrade)

Dec 30

Deere: Conservative Market Expectations As It Sows The Seeds Of Recovery

Dec 23

Is The Market Waking Up To Deere?

Nov 27

Deere: Sell It On Q4 Earnings Bounce, Buy It Back Later

Nov 21

Why Deere's Discount To Caterpillar Is An Opportunity

Sep 21

Shareholder Returns

DEUS MachineryUS Market
7D2.6%-0.2%0.8%
1Y19.8%51.9%27.7%

Return vs Industry: DE underperformed the US Machinery industry which returned 51.9% over the past year.

Return vs Market: DE underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is DE's price volatile compared to industry and market?
DE volatility
DE Average Weekly Movement5.5%
Machinery Industry Average Movement6.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
183773,100John Maywww.deere.com/en

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

How do Deere's earnings and revenue compare to its market cap?
DE fundamental statistics
Market capUS$159.33b
Earnings (TTM)US$4.81b
Revenue (TTM)US$46.73b
32.4x
P/E Ratio
3.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DE income statement (TTM)
RevenueUS$46.73b
Cost of RevenueUS$29.39b
Gross ProfitUS$12.27b
Other ExpensesUS$7.45b
EarningsUS$4.81b

Last Reported Earnings

Feb 01, 2026

Next Earnings Date

May 21, 2026

Earnings per share (EPS)17.82
Gross Margin26.25%
Net Profit Margin10.30%
Debt/Equity Ratio238.0%

How did DE perform over the long term?

See historical performance and comparison

Dividends

1.1%
Current Dividend Yield
36%
Payout Ratio

Does DE pay a reliable dividends?

See DE dividend history and benchmarks
When do you need to buy DE by to receive an upcoming dividend?
Deere dividend dates
Ex Dividend DateMar 31 2026
Dividend Pay DateMay 08 2026
Days until Ex dividend32 days
Days until Dividend pay date6 days

Does DE pay a reliable dividends?

See DE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 04:36
End of Day Share Price 2026/05/01 00:00
Earnings2026/02/01
Annual Earnings2025/11/02

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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 50 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Mircea DobreBaird
Andrew KaplowitzBarclays