FY2026 EPS Estimates for Deere & Company Boosted by Analyst

Deere & Company (NYSE:DE) – Stock analysts at Erste Group Bank boosted their FY2026 EPS estimates for shares of Deere & Company in a note issued to investors on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now expects that the industrial products company will earn $17.69 per share for the year, up from their prior forecast of $17.67. The consensus estimate for Deere & Company’s current full-year earnings is $19.32 per share. Erste Group Bank also issued estimates for Deere & Company’s FY2027 earnings at $23.23 EPS.

Deere & Company (NYSE:DE) last posted its quarterly earnings data on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The company had revenue of $9.61 billion during the quarter, compared to the consensus estimate of $7.50 billion. During the same period in the prior year, the business posted $3.19 EPS. The company’s quarterly revenue was up 17.5% on a year-over-year basis.

A number of other equities research analysts have also recently issued reports on the stock. Robert W. Baird dropped their target price on shares of Deere & Company from $675.00 to $580.00 and set a “neutral” rating on the stock in a report on Thursday, April 2nd. Bank of America upped their target price on shares of Deere & Company from $502.00 to $672.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Argus upped their target price on shares of Deere & Company from $540.00 to $700.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Raymond James Financial reaffirmed an “outperform” rating and issued a $765.00 target price on shares of Deere & Company in a report on Monday, February 23rd. Finally, Morgan Stanley upped their target price on shares of Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Sixteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Deere & Company currently has a consensus rating of “Moderate Buy” and a consensus target price of $650.95.

Deere & Company Trading Down 0.0%

Deere & Company stock opened at $575.01 on Wednesday. The firm has a 50-day moving average of $586.99 and a 200-day moving average of $514.72. Deere & Company has a one year low of $404.42 and a one year high of $674.19. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. The company has a market cap of $155.32 billion, a price-to-earnings ratio of 32.41, a P/E/G ratio of 2.01 and a beta of 0.98.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. J. Derek Lewis & Associates Inc. acquired a new position in shares of Deere & Company during the 4th quarter worth approximately $490,000. Rockefeller Capital Management L.P. grew its position in shares of Deere & Company by 24.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 97,306 shares of the industrial products company’s stock worth $45,304,000 after purchasing an additional 18,830 shares in the last quarter. World Investment Advisors grew its position in shares of Deere & Company by 59.4% during the 4th quarter. World Investment Advisors now owns 3,403 shares of the industrial products company’s stock worth $1,584,000 after purchasing an additional 1,268 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new position in shares of Deere & Company during the 4th quarter worth approximately $193,000. Finally, Advisortrust Partners LLC acquired a new position in shares of Deere & Company during the 4th quarter worth approximately $417,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

Insider Activity

In other Deere & Company news, CEO John C. May II sold 41,472 shares of the stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $501.49, for a total value of $20,797,793.28. Following the transaction, the chief executive officer directly owned 117,970 shares of the company’s stock, valued at $59,160,775.30. This represents a 26.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Cory J. Reed sold 12,000 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the completion of the transaction, the insider directly owned 20,792 shares in the company, valued at approximately $10,603,920. This represents a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by corporate insiders.

Deere & Company Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Tuesday, March 31st will be issued a $1.62 dividend. This represents a $6.48 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 31st. Deere & Company’s dividend payout ratio is currently 36.53%.

Deere & Company News Summary

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

• Positive Sentiment: Jefferies upgraded DE to Hold from Underperform, saying the ~15% pullback has improved risk/reward and leaves limited downside—this can support near-term buying interest from investors who saw the dip as an entry. Read More.
• Neutral Sentiment: Market-commentary pieces reassessing Deere’s valuation after multi-year gains emphasize that shares already reflect strong profitability and growth expectations; these note DE’s strong YTD and multi-year returns and argue investors should weigh elevated multiples against secular ag-equipment demand. Read More.
• Negative Sentiment: Deere agreed to pay $99 million to settle the right-to-repair class action and will provide farmers and independent repairers expanded digital tools and diagnostics for a multi-year period. The settlement removes litigation uncertainty (positive) but creates a near-term cash charge and could pressure aftermarket service margins and parts revenue over the next decade. Read More.
• Negative Sentiment: Some coverage flags remaining regulatory risk (e.g., pending FTC scrutiny) and broader industry implications; the settlement does not resolve all regulatory or competitive questions, leaving some uncertainty about long-term aftermarket economics. Read More.

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.