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 during a challenging agricultural cycle.
• The stock currently trades at $665.89, which is below the average analyst price target of $686.10, suggesting potential upside for investors as the consensus rating remains a "Moderate Buy" from twenty-five research firms covering the stock.
• Deere & Company maintains a consistent dividend policy, having recently declared a quarterly dividend of $1.62 per share to be paid on November 9, 2026, which represents an annualized yield of approximately 1.0% and a payout ratio of 36.00%, providing income stability for shareholders.
• Institutional investors have shown significant confidence in the company, with major firms like BlackRock Inc. buying a new stake worth approximately $11.76 billion in the second quarter and Wellington Management Group LLP increasing its stake by 84.3% during the same period.
• The company's revenue grew by 6.2% year-over-year in the most recent quarter to $12.61 billion, surpassing analyst expectations of $10.81 billion, indicating resilient demand for its agricultural and construction equipment despite broader economic pressures.