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 quarterly results on August 20, 2026, beating consensus estimates with earnings per share of $5.10 compared to the expected $4.69, while revenue of $12.61 billion also exceeded the $10.81 billion forecast, demonstrating robust fundamental performance.
• Several major financial institutions have recently upgraded their outlooks on the stock, including Evercore raising its rating to "outperform" with a price target of $813.00 and Baird upgrading to "outperform" on August 31, 2026, citing a potential recovery in agricultural fundamentals and stronger equipment demand.
• The stock is currently trading at $692.68, which is near its 52-week high of $705.88, reflecting a significant year-to-date gain of over 35% and indicating strong market momentum and investor confidence in the company's trajectory.
• Institutional investors are increasing their exposure to the company, with Raiffeisen Bank International AG boosting its stake by 9.2% in the second quarter and BlackRock Inc. acquiring a new stake valued at approximately $11.76 billion, signaling broad institutional support.
• Deere & Company maintains a consistent dividend policy, having recently declared a quarterly dividend of $1.62 per share with a payout ratio of 36.00%, providing a stable income stream for investors while retaining earnings for growth.