Deere & Company (NYSE:DE) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan raised its price target on Deere to $550 from $525 but kept a "neutral" rating, with the new target implying about an 11.1% downside from the stock's current price.
• Analyst consensus is constructive — Deere has 16 Buy and 9 Hold ratings for a consensus rating of "Moderate Buy" and a consensus price target of $655.45.
• Fundamentals show strength: Deere beat quarterly estimates with $2.42 EPS and $9.61B revenue (revenue +17.5% YoY) and is seeing material order growth outside agriculture, though it faces a near-term headwind from a $99M right-to-repair settlement.

Deere & Company (NYSE:DE - Get Free Report) had its price target boosted by analysts at JPMorgan Chase & Co. from $525.00 to $550.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The firm presently has a "neutral" rating on the industrial products company's stock. JPMorgan Chase & Co.'s target price points to a potential downside of 11.11% from the stock's current price.

DE has been the topic of several other research reports. BMO Capital Markets lifted their price objective on shares of Deere & Company from $460.00 to $500.00 and gave the company a "market perform" rating in a research report on Friday, February 20th. Citigroup reduced their price target on shares of Deere & Company from $675.00 to $625.00 and set a "neutral" rating on the stock in a report on Monday, March 9th. Wall Street Zen upgraded shares of Deere & Company from a "sell" rating to a "hold" rating in a research note on Saturday, February 7th. Barclays increased their price objective on shares of Deere & Company from $530.00 to $640.00 and gave the company an "overweight" rating in a report on Tuesday, March 31st. Finally, DA Davidson lifted their target price on Deere & Company from $580.00 to $775.00 and gave the stock a "buy" rating in a report on Friday, February 20th. Sixteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. Based on data from MarketBeat, Deere & Company currently has a consensus rating of "Moderate Buy" and a consensus price target of $655.45.

Deere & Company Stock Performance

Shares of NYSE:DE opened at $618.73 on Friday. Deere & Company has a 12 month low of $428.53 and a 12 month high of $674.19. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. The company has a market cap of $167.12 billion, a price-to-earnings ratio of 34.88, a price-to-earnings-growth ratio of 2.13 and a beta of 0.98. The company has a 50-day moving average price of $590.44 and a 200-day moving average price of $516.09.

Deere & Company (NYSE:DE - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating the consensus estimate of $1.90 by $0.52. The business had revenue of $9.61 billion for the quarter, compared to the consensus estimate of $7.50 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business's revenue was up 17.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.19 earnings per share. As a group, equities analysts anticipate that Deere & Company will post 19.32 EPS for the current year.

Insider Buying and Selling

In other news, insider Cory J. Reed sold 12,000 shares of the stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the transaction, the insider owned 20,792 shares of the company's stock, valued at approximately $10,603,920. This represents a 36.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.29% of the stock is owned by insiders.

Institutional Investors Weigh In On Deere & Company

Several large investors have recently modified their holdings of the business. Cerro Pacific Wealth Advisors LLC raised its stake in Deere & Company by 0.6% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 3,179 shares of the industrial products company's stock worth $1,480,000 after buying an additional 19 shares in the last quarter. Hazlett Burt & Watson Inc. increased its holdings in Deere & Company by 2.4% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 816 shares of the industrial products company's stock worth $379,000 after buying an additional 19 shares during the period. Root Financial Partners LLC raised its position in Deere & Company by 2.2% during the 4th quarter. Root Financial Partners LLC now owns 880 shares of the industrial products company's stock worth $410,000 after buying an additional 19 shares during the last quarter. Verdence Capital Advisors LLC lifted its stake in Deere & Company by 2.7% during the 4th quarter. Verdence Capital Advisors LLC now owns 773 shares of the industrial products company's stock valued at $360,000 after acquiring an additional 20 shares during the period. Finally, Family Legacy Inc. boosted its holdings in shares of Deere & Company by 0.3% in the 4th quarter. Family Legacy Inc. now owns 7,894 shares of the industrial products company's stock valued at $3,675,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 68.58% of the company's stock.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Jefferies upgraded DE to “Hold” from Sell (new $550 target), signaling Wall Street’s view that the worst of the ag cycle may be behind Deere — a catalyst for buyers given prior bearish positioning. Deere & Company NYSE: DE Raised to "Hold" at Jefferies Financial Group
• Positive Sentiment: An analyst lifted FY2026 EPS forecasts for Deere, which reinforces near-term earnings upside and supports multiple expansion given DE’s premium valuation (P/E ~34.8). FY2026 EPS Forecast for Deere & Company Lifted by Analyst
• Positive Sentiment: Brokerage consensus remains constructive — Deere recently received an average “Moderate Buy” rating from analysts, underpinning demand for the shares. Deere & Company NYSE: DE Receives Average Recommendation of "Moderate Buy" from Brokerages
• Positive Sentiment: Order growth outside agriculture (notably data-center construction) is becoming a material revenue driver — Fool reports ~50% order growth in that segment, diversifying Deere’s demand drivers and supporting longer-term growth expectations. The Green Machine Finds a Second Gear as AI Data Centers Drive 50% Order Growth
• Neutral Sentiment: Comparisons to peers (AGCO) and valuation debates are active; some pieces argue AGCO is the better value, which keeps sector-rotation risk and relative-valuation conversations alive but doesn’t move fundamentals immediately. AGCO vs. DE: Which Stock Is the Better Value Option?
• Negative Sentiment: Deere agreed to pay $99M to settle a class-action “right-to-repair” suit and will make repair software widely available; this is a near-term cash charge and a reputational/regulatory red flag (the FTC suit remains outstanding). That news is a clear headwind on sentiment. Deere agrees to pay 99M in ‘right to repair’ settlement
• Negative Sentiment: Bearish commentary and valuation calls (e.g., “3 Reasons to Sell DE”) highlight risks: DE’s lofty P/E, cyclicality of the ag market, and the recent rally that has pushed shares toward 52-week highs — these arguments can pressure momentum traders and provoke profit-taking. 3 Reasons to Sell DE and 1 Stock to Buy Instead

About Deere & Company

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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