Deere & Company (DE) Stock Forecast & Price Target

Deere & Company
Bull Case

Here are some ways that investors could benefit from investing in Deere & Company:

• Deere & Company recently reported strong third-quarter results on August 20, 2026, with earnings per share of $5.10, which exceeded the consensus estimate of $4.69 by $0.41, demonstrating the company's ability to outperform market expectations and generate robust profits for shareholders.
• The company's revenue for the most recent quarter reached $12.61 billion, surpassing analyst expectations of $10.81 billion and marking a 6.2% year-over-year increase, which indicates strong demand for its agricultural and construction equipment and effective pricing power in the current market environment.
• Analyst sentiment has shifted positively, with Bank of America raising its price target to $715.00 on September 24, 2026, and Evercore upgrading the stock to an "outperform" rating with a target of $813.00, reflecting growing institutional confidence in the company's future growth trajectory and valuation potential.
• Deere & Company maintains a healthy financial position with a current ratio of 2.10 and a quick ratio of 1.89, indicating that the company has sufficient liquid assets to cover its short-term liabilities, which provides a safety net against economic downturns or supply chain disruptions.
• The stock has demonstrated significant momentum, hitting a new 52-week high of $721.22 and trading at $694.30 as of September 24, 2026, which is well above its 52-week low of $433.00, suggesting strong investor demand and a positive trend in the company's market performance.