Deere (DE): Evaluating the Stock’s Value After a Recent 5% Pullback

Deere (DE) shares have retreated roughly 5% over the past month, with the stock currently trading at $446.35. The recent decline comes as investors continue evaluating the company’s financial performance and outlook this quarter.

See our latest analysis for Deere.

While Deere’s share price has slipped about 5% this past month, the bigger story is that momentum has cooled after a strong period. Total shareholder return hit 11% over the last year, and nearly doubled over the past five years. Recent price weakness appears to reflect shifting sentiment around growth potential rather than any major shift in the company’s fundamentals.

If you’re looking for other stocks that combine growth with strong insider confidence, broaden your search and discover fast growing stocks with high insider ownership

With Deere trading well below recent highs and at a notable discount to analyst targets, the question becomes clear. Is this current weakness a chance for investors to buy in, or has the market already priced in any future upside?

Most Popular Narrative: 15% Undervalued

According to the most widely followed narrative, Deere's fair value estimate stands well above the latest closing price. This highlights a notable disconnect between market price and what analysts believe the company is worth and sets the scene for the core assumptions behind its perceived value advantage.

Rapid adoption of Deere's precision agriculture and automation solutions (such as JDLink Boost, Precision Essentials bundles, See & Spray tech, and new automation features) is driving higher-value product sales and increased software engagement globally. This positions Deere to benefit from shifts toward high-efficiency, technology-enabled farming. These trends are expected to lift both future revenue and net margins through higher-margin recurring software and data services.

Read the complete narrative.

Want to know why Deere's tech transformation could rewrite the profit story? The full narrative reveals a bold future shift for earnings, margins, and share count. Curious how these factors stack up to justify a valuation that outpaces today's market view? Find out the surprising growth bets powering this target.

Result: Fair Value of $525.66 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, if tariffs remain stubbornly high or if there is a prolonged global equipment demand slump, Deere’s bullish growth projections could quickly be derailed and analyst assumptions could be reshaped.

Find out about the key risks to this Deere narrative.

Build Your Own Deere Narrative

If you see the numbers differently or want to check the data for yourself, you can build your own view in just a few minutes. Do it your way

A great starting point for your Deere research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.

Looking for More Investment Ideas?

Unlock your next winning strategy by checking out unique stock opportunities tailored for your goals. Don’t miss out on these handpicked markets with real upside potential:

• Boost your portfolio’s yield when you target steady income with these 19 dividend stocks with yields > 3% that pay robust dividends above 3%.
• Get ahead of the trends and capitalize on innovation by tapping into these 24 AI penny stocks powering the AI technology boom.
• Strengthen your holdings and build resilience with these 26 quantum computing stocks as quantum breakthroughs accelerate and transform industries.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com