Erste Group Bank Predicts Deere & Company FY2027 Earnings

Key Points

• Erste Group Bank raised its FY2027 EPS forecast for Deere to $22.68 from $22.60, above the current full-year consensus estimate of $18.12.
• Deere recently beat quarterly expectations, reporting $5.10 EPS and $12.61 billion in revenue, while analysts maintain a “Moderate Buy” consensus with an average price target of $680.73.
• The company declared a quarterly dividend of $1.62, or $6.48 annually, yielding about 0.9%; however, weak farm-equipment demand remains an industry risk that could pressure future results.

Deere & Company (NYSE:DE - Free Report) - Analysts at Erste Group Bank increased their FY2027 EPS estimates for shares of Deere & Company in a research note issued on Friday, September 18th. Erste Group Bank analyst S. Lingnau now expects that the industrial products company will earn $22.68 per share for the year, up from their prior estimate of $22.60. The consensus estimate for Deere & Company's current full-year earnings is $18.12 per share.

A number of other research firms also recently weighed in on DE. Oppenheimer lifted their price objective on Deere & Company from $680.00 to $685.00 and gave the company an "outperform" rating in a report on Thursday, August 20th. Weiss Ratings downgraded Deere & Company from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, September 2nd. Robert W. Baird raised Deere & Company from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $640.00 to $800.00 in a research note on Monday, August 31st. DA Davidson upped their price target on Deere & Company from $685.00 to $760.00 and gave the company a "buy" rating in a research report on Monday, August 24th. Finally, CICC Research assumed coverage on Deere & Company in a research note on Sunday, September 13th. They set an "outperform" rating for the company. Seventeen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $680.73.

Deere & Company Stock Performance

NYSE:DE opened at $683.33 on Monday. The firm has a market capitalization of $184.24 billion, a PE ratio of 37.96, a price-to-earnings-growth ratio of 2.82 and a beta of 0.90. The company has a quick ratio of 1.89, a current ratio of 2.10 and a debt-to-equity ratio of 1.45. Deere & Company has a 12-month low of $433.00 and a 12-month high of $705.88. The firm has a 50-day moving average price of $632.42 and a 200 day moving average price of $599.84.

Deere & Company (NYSE:DE - Get Free Report) last issued its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, beating the consensus estimate of $4.69 by $0.41. The business had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The firm's revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business earned $4.75 EPS.

Deere & Company Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Wednesday, September 30th will be paid a $1.62 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $6.48 dividend on an annualized basis and a dividend yield of 0.9%. Deere & Company's payout ratio is 36.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of DE. BlackRock Inc. bought a new position in Deere & Company in the 2nd quarter valued at $11,763,504,000. State Street Corp raised its holdings in shares of Deere & Company by 0.9% in the fourth quarter. State Street Corp now owns 10,485,949 shares of the industrial products company's stock valued at $4,898,717,000 after buying an additional 97,049 shares during the last quarter. Capital World Investors lifted its position in Deere & Company by 53.9% during the 4th quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company's stock worth $4,465,906,000 after buying an additional 3,358,264 shares in the last quarter. Geode Capital Management LLC lifted its position in Deere & Company by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 5,600,552 shares of the industrial products company's stock worth $2,609,149,000 after buying an additional 17,269 shares in the last quarter. Finally, Wellington Management Group LLP grew its holdings in Deere & Company by 84.3% during the 2nd quarter. Wellington Management Group LLP now owns 3,088,628 shares of the industrial products company's stock worth $1,959,209,000 after acquiring an additional 1,412,694 shares during the last quarter. 68.58% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Deere & Company

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

• Positive Sentiment: Third-quarter earnings beat and dividend support sentiment. A report says Deere’s stock gained following better-than-expected Q3 2026 results and a dividend announcement, suggesting stronger-than-feared operating performance and continued shareholder returns. Deere & Co. stock gains on Q3 2026 earnings beat and dividend
• Positive Sentiment: Recent earnings momentum has improved investor confidence. Commentary highlights Deere’s reported $12.61 billion in revenue and earnings above analyst expectations, along with substantial share-price gains since the report. The results have led investors to reassess Deere’s growth prospects. Is Deere (DE) Undervalued As Its Earnings Beat Reframes The Valuation Debate?
• Neutral Sentiment: Increased attention could support trading interest but does not constitute a new catalyst. Zacks coverage discusses whether DE is a buy after attracting significant investor attention, while another analysis compares Deere with Kubota on value metrics. These reports may influence sentiment but do not appear to include a new company announcement. Is Trending Stock Deere & Company (DE) a Buy Now? KUBTY vs. DE: Which Stock Is the Better Value Option?
• Negative Sentiment: Weak farm-equipment demand remains an industry risk. A bearish report on rival AGCO points to a tougher operating environment and weaker equipment demand. Although not specific to Deere, the industry weakness could pressure future orders, earnings estimates and the premium valuation investors currently assign to DE. Bear of the Day: AGCO

About Deere & Company

Deere & Company, operating under the John Deere brand, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. Its products include tractors, combines, harvesters, planters, sprayers, loaders, excavators, skid steers, forestry machines, commercial mowing equipment and compact utility tractors. The company also develops precision agriculture and construction technologies, including machine guidance, automation, data-management and connected-equipment solutions.

Founded by blacksmith John Deere in 1837, the company has grown from its original steel plow business into a diversified equipment and technology provider.

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