DE|Earnings Snapshot
EPS
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $4.69 | - | - |
| Q2'26 | $5.70 | $6.55 | +15.0% |
| Q3'25 | $3.83 | $3.93 | +2.5% |
| Q2'25 | $4.66 | $4.75 | +1.9% |
| Q1'25 | $5.64 | $6.64 | +17.8% |
| Q4'24 | $3.25 | $3.19 | -1.8% |
Revenue
| Qtr | Est | Actual | +/− |
|---|---|---|---|
| Q3'26 | $11.1B | - | - |
| Q2'26 | $11.9B | $11.8B | -0.9% |
| Q3'25 | - | $10.6B | - |
| Q2'25 | - | $10.4B | - |
| Q1'25 | - | $11.2B | - |
| Q4'24 | - | $6.8B | - |
Market Data
DE Stock Snapshot
DE is currently trading at $617.38, giving Deere & Company a market cap of 167.59B and a P/E ratio of 35.0. Today's range spans $611.21–$627.88, with shares opening at $612.35 and moving down $3.39 (0.5%) from the prior close. DailyIQ's technical score sits at 82/100 (BUY) with a news sentiment reading of 47/100.
Over the past year DE has traded between $433.00 and $674.19 - the current price is +42.6% off the 52-week low and -8.4% from the high.
The combination of bullish technicals and neutral sentiment for Deere & Company (DE) is the kind of setup that shows up in systematic screens before the more discretionary investors arrive. Score 82/100 (BUY), price $617.38 (in the upper portion of its 52-week range), sentiment 47/100. The current P/E ratio stands at 35.0. At 167.59B in Industrials market cap, this large-cap name has the right size to matter to a wide range of buyers. Annual range: $433.00–$674.19.
Earnings revision cycles in large-cap Industrials names tend to compound: when technicals confirm a BUY thesis (82/100) and news sentiment (47/100, neutral) supports the narrative, analyst upgrades follow price rather than lead it. At $617.38 (in the upper portion of its 52-week range), DE's position within the $433.00–$674.19 annual range suggests there's room for multiple expansion before the stock encounters meaningful technical resistance.
Company Insights: Deere & Company (DE)
Deere & Company (DE) stands as a global leader in manufacturing and distributing agricultural, turf, construction, and forestry equipment. Its operations are strategically segmented into Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services, offering a comprehensive suite of machinery and solutions. The company's long-standing history, dating back to 1837, underscores its deep roots and established presence in serving essential global industries.
Recent financial performance indicates a positive trajectory, with Q1 2025 EPS significantly exceeding estimates and Q2 2025 also delivering a beat. While Q4 2024 showed a slight miss, the sequential revenue growth from Q4 2024 through Q2 2025 demonstrates robust demand for its products. This earnings momentum, coupled with strategic initiatives, positions Deere to capitalize on evolving market dynamics.
The company's forward-looking strategy emphasizes technological integration, particularly in precision agriculture and AI. Recent developments, such as the integration of Bayer's FieldView with the John Deere Operations Center, highlight a commitment to enhancing digital capabilities and providing real-time agronomic decision-making tools. This focus on innovation is crucial for maintaining competitive advantage and driving future growth in its core markets.
Precision Agriculture
Deere is enhancing its precision agriculture offerings through strategic digital integrations, notably with Bayer's FieldView.
These advancements aim to provide farmers with real-time data and improved agronomic decision-making capabilities.
Investments in AI and integrated technology are pivotal for future market share gains and operational efficiencies.
Earnings Momentum
The company demonstrated strong EPS beats in Q1 and Q2 2025, signaling an acceleration in profitability.
Revenue has shown substantial sequential growth, indicating sustained demand across key business segments.
Raised full-year 2026 earnings guidance reflects management's confidence in continued performance.
Industrial Diversification
Deere's business spans agriculture, construction, and forestry, providing a diversified revenue base.
The Construction and Forestry segment, bolstered by potential acquisitions like Tenna, offers avenues for growth.
Financial Services provide a complementary revenue stream, supporting equipment sales and customer retention.
Valuation Metrics
The current P/E ratio stands at 33.64, reflecting market expectations for future earnings growth.
The 52-week trading range indicates significant volatility, with the stock trading between $404.42 and $674.19.
Investor sentiment, as reflected in analyst price targets, shows a cautious but optimistic outlook, with some adjustments noted.
Positioning DE
Investors considering Deere & Company should monitor the stabilization of agricultural and construction markets. Adding exposure may be warranted on continued evidence of demand recovery and successful integration of new technologies. Reducing exposure could be prudent if macroeconomic headwinds significantly impact equipment demand or if precision agriculture initiatives fail to gain market traction.
Risk Factors
Deere & Company faces risks primarily tied to agricultural cycles, economic conditions impacting construction, and the successful integration of new technologies. Investors should monitor these factors as they can significantly influence revenue and profitability.
- Agri Demand
Deere's core agricultural equipment sales are sensitive to farmer income and commodity prices. A downturn in crop prices or reduced farm spending could decrease demand for new machinery. This risk would materialize if global agricultural markets experience a significant contraction.
- Construction Slowdown
The company's construction and forestry segment is exposed to fluctuations in the broader construction industry. A slowdown in infrastructure projects or commercial building could reduce equipment sales. This risk becomes relevant during periods of economic recession or decreased capital expenditure in the construction sector.
- Technology Integration
Deere is investing heavily in precision agriculture and AI technologies. Failure to successfully integrate and monetize these advancements, or slower-than-expected market adoption, could hinder future growth. This risk would manifest if competitors offer superior digital solutions or if Deere's new technologies do not deliver expected efficiencies to customers.
- Supply Chain
As a global manufacturer, Deere is susceptible to disruptions in its supply chain, including component shortages or increased logistics costs. Such issues can impact production schedules and profitability. This risk is heightened during periods of geopolitical instability or global economic shocks.
- Interest Rates
Deere's financial services segment and customer financing are sensitive to interest rate movements. Higher rates can increase borrowing costs for customers and Deere, potentially dampening equipment sales. This risk would become more pronounced if central banks continue to maintain or increase interest rates.
DE Recent Earnings History
- Q3 2025
EPS: $3.93 actual vs $3.83 estimate (beat) · Revenue: $10,579M actual
- Q2 2025
EPS: $4.75 actual vs $4.66 estimate (beat) · Revenue: $10,357M actual
- Q1 2025
EPS: $6.64 actual vs $5.64 estimate (beat) · Revenue: $11,171M actual
- Q4 2024
EPS: $3.19 actual vs $3.25 estimate (miss) · Revenue: $6,809M actual
Analyst Price Targets for DE
The current spread of analyst price targets and ratings for Deere & Company (DE).
Reflects the most recently tracked analyst ratings for DE and may lag real-time updates. Not a recommendation to buy or sell.
DE Competitive Positioning
Deere & Company (DE) is tracked alongside these names in Farm & Heavy Construction Machinery on DailyIQ.
What Moves DE Stock?
Key Metrics for DE
Deere & Company's performance hinges on agricultural cycles and construction demand. Investors should monitor these key metrics to gauge the company's operational health and future prospects.
Net Sales Growth: Measures the increase in revenue from sales of equipment and financial services. Stronger growth indicates robust demand for Deere's products; declining sales suggest market weakness. This is crucial for DE as it reflects the overall health of the agriculture and construction sectors.
Operating Margin: Indicates profitability from core operations before interest and taxes. Expanding margins signal efficient cost management and pricing power; shrinking margins point to cost pressures or competitive challenges. For Deere, this metric is vital for assessing its ability to translate sales into profits.
Order Book Strength: Reflects the volume of future sales commitments for equipment. A growing order book suggests sustained demand and production visibility; a shrinking one indicates potential future sales slowdowns. This metric is key for DE to anticipate future revenue streams and production planning.
Precision Ag Adoption: Tracks the uptake of Deere's advanced technology solutions in farming. Higher adoption rates signal successful innovation and customer value; slower adoption may indicate market resistance or competitive alternatives. This is important for DE's long-term strategy and competitive advantage.
Financial Services Income: Measures the profitability of Deere's financing and leasing operations. Growth here provides a stable, recurring revenue stream; declining income can signal tighter credit conditions or lower equipment sales. This segment is a significant contributor to DE's overall financial performance.
Frequently Asked Questions About DE
Is Deere & Company (DE) stock a good investment opportunity?
Deere & Company's investment appeal often centers on its leading position in agricultural and construction machinery, coupled with its growing precision agriculture and technology offerings. The company's performance is closely tied to global agricultural cycles, commodity prices, and infrastructure spending. Investors may consider Deere's ability to innovate and adapt to changing farming practices, including the integration of AI and digital solutions, as key factors for future growth.
What drives Deere & Company (DE) stock price?
The stock price of Deere & Company (DE) is primarily influenced by global demand for agricultural and construction equipment, which is in turn affected by factors like crop prices, farmer income, and infrastructure investment. Technological advancements, such as precision agriculture solutions and autonomous equipment, also play a significant role in its valuation. Additionally, broader economic conditions, interest rates, and the company's financial performance, including earnings and revenue growth, are key price drivers.
Does Deere & Company (DE) pay a dividend?
Yes, Deere & Company (DE) typically pays a quarterly dividend to its shareholders. The company has a history of returning capital to investors, though the dividend amount and its growth are subject to the company's financial performance and board decisions. Investors interested in dividend income should review Deere's latest dividend announcements and payout history.
What are the risks of investing in Deere & Company (DE) stock?
Investing in Deere & Company (DE) carries several risks, including cyclicality in the agricultural and construction markets, which can lead to volatile demand. Exposure to commodity price fluctuations and adverse weather conditions can impact farmer spending. Furthermore, competitive pressures, supply chain disruptions, and the successful integration of new technologies like AI present ongoing challenges. Geopolitical events and changes in global trade policies can also affect Deere's international operations and profitability.
How is Deere & Company (DE) positioned in the precision agriculture market?
Deere & Company (DE) is a leader in the precision agriculture space, offering advanced technologies designed to improve farm efficiency and sustainability. Its John Deere Operations Center, integrated with solutions like Bayer's FieldView, provides farmers with data-driven insights for optimized planting, harvesting, and resource management. The company's ongoing investment in AI and connectivity aims to further enhance its digital ecosystem and solidify its competitive advantage in this growing market.
What is Deere & Company's (DE) outlook for construction and forestry equipment?
Deere & Company's (DE) construction and forestry segment is influenced by global infrastructure spending, housing market trends, and demand for natural resources. While this segment can be cyclical, strategic acquisitions and product innovation, such as the potential impact of the Tenna buyout, aim to strengthen its market position. Investors monitor government infrastructure initiatives and economic growth in key regions to gauge the future prospects for this division.
How does Deere & Company (DE) leverage AI and technology in its operations?
Deere & Company (DE) is increasingly integrating Artificial Intelligence (AI) and advanced technologies across its product lines and operations. This includes developing smarter, more autonomous equipment for agriculture and construction, enhancing predictive maintenance capabilities, and improving the functionality of its precision agriculture platforms. The company's focus on AI is intended to drive operational efficiencies, create new revenue streams, and provide greater value to its customers.
What is the current valuation of Deere & Company (DE) stock?
The valuation of Deere & Company (DE) stock can be assessed using various metrics such as its price-to-earnings (P/E) ratio, price-to-sales ratio, and enterprise value. Currently, its P/E ratio stands at approximately 33.64, which investors compare against industry averages and historical levels to determine if the stock is overvalued, undervalued, or fairly priced. Market capitalization, currently around $161.9 billion, also provides a sense of the company's overall market standing.
How has Deere & Company (DE) performed against earnings estimates recently?
Deere & Company (DE) has shown a mixed performance against earnings estimates in recent quarters. While Q1 2025 saw a significant beat with EPS of $6.64 against an estimate of $5.64, and Q2 2025 also beat expectations with $4.75 EPS versus $4.66, Q4 2024 missed estimates with $3.19 EPS against $3.25. This pattern suggests that while the company has demonstrated strong earnings power, particularly in early 2025, consistency remains a focus for investors.
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