Deere & Company (NYSE:DE) Given New $615.00 Price Target at Sanford C. Bernstein

Deere & Company (NYSE:DE) had its target price upped by research analysts at Sanford C. Bernstein from $521.00 to $615.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “market perform” rating on the industrial products company’s stock. Sanford C. Bernstein’s price target would indicate a potential downside of 6.81% from the stock’s current price.

DE has been the topic of a number of other research reports. Wall Street Zen upgraded Deere & Company from a “sell” rating to a “hold” rating in a report on Saturday, February 7th. Zacks Research upgraded Deere & Company from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 3rd. Daiwa Securities Group decreased their target price on shares of Deere & Company from $530.00 to $520.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 2nd. Oppenheimer reiterated an “outperform” rating on shares of Deere & Company in a report on Friday. Finally, Royal Bank Of Canada increased their price target on Deere & Company from $541.00 to $736.00 and gave the stock an “outperform” rating in a research note on Friday. Fifteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $586.00.

Deere & Company Price Performance

DE traded down $2.06 during midday trading on Friday, reaching $659.95. 479,057 shares of the company’s stock were exchanged, compared to its average volume of 1,680,910. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.22 and a quick ratio of 2.01. The stock has a market capitalization of $178.89 billion, a PE ratio of 35.61, a P/E/G ratio of 2.37 and a beta of 1.02. The business’s 50-day moving average price is $519.01 and its 200 day moving average price is $490.22. Deere & Company has a 1-year low of $404.42 and a 1-year high of $674.19.

Deere & Company (NYSE:DE) last released its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, beating the consensus estimate of $1.90 by $0.52. Deere & Company had a net margin of 11.00% and a return on equity of 20.54%. The business had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same period in the prior year, the business earned $3.19 earnings per share. The company’s quarterly revenue was up 17.5% on a year-over-year basis. As a group, equities analysts anticipate that Deere & Company will post 19.32 EPS for the current fiscal year.

Insider Buying and Selling at Deere & Company

In other news, CEO John C. May II sold 41,472 shares of the company’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $501.49, for a total value of $20,797,793.28. Following the completion of the sale, the chief executive officer owned 117,970 shares of the company’s stock, valued at $59,160,775.30. This represents a 26.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 value of $6,120,000.00. Following the completion of the sale, the insider owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. This trade represents a 36.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 64,578 shares of company stock valued at $32,471,682 in the last three months. Company insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On Deere & Company

Large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Deere & Company by 39.1% in the 4th quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after buying an additional 1,278 shares in the last quarter. Schnieders Capital Management LLC. increased its position in shares of Deere & Company by 7.8% during the second quarter. Schnieders Capital Management LLC. now owns 2,076 shares of the industrial products company’s stock worth $1,056,000 after acquiring an additional 150 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of Deere & Company by 20.7% in the second quarter. Cullen Frost Bankers Inc. now owns 1,385 shares of the industrial products company’s stock worth $704,000 after acquiring an additional 238 shares in the last quarter. Strategic Blueprint LLC boosted its holdings in Deere & Company by 32.3% in the second quarter. Strategic Blueprint LLC now owns 627 shares of the industrial products company’s stock valued at $319,000 after purchasing an additional 153 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its stake in Deere & Company by 0.9% during the 2nd quarter. Asset Management One Co. Ltd. now owns 107,955 shares of the industrial products company’s stock valued at $54,894,000 after purchasing an additional 962 shares in the last quarter. 68.58% of the stock is owned by institutional investors and hedge funds.

Deere & Company News Summary

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

• Positive Sentiment: Q1 earnings and revenue beat — EPS $2.42 vs. ~ $1.90 est.; revenue $9.61B well above estimates, driven by higher equipment volumes. Deere&Company earnings beat by $0.40, revenue topped estimates
• Positive Sentiment: Company raised FY26 net income guidance to $4.5B–$5.0B, citing a rebound in construction and small-ag segments — a key reason shares jumped. Deere lifts full-year profit forecast as construction, sales rebound; shares rise
• Positive Sentiment: Market reaction: stock hit fresh highs and surged double digits after the beat-and-raise, as investors price in a recovery cycle. Deere soars to all-time high after beat-and-raise Q1 report
• Positive Sentiment: Strategic moves: Deere completed the acquisition of Tenna to expand mixed‑fleet tech and is emphasizing AI and U.S. manufacturing shifts — supports long‑term growth narrative. John Deere Acquires Tenna
• Neutral Sentiment: Analyst activity: Bank of America raised its price target to $672 but kept a “neutral” rating, giving limited near‑term upside from current levels. Benzinga note on price target raise
• Negative Sentiment: Profit pressures remain: Q1 net income fell YoY to $656M (mix, tariffs and cost headwinds weighed on margins), highlighting lingering risks in large‑ag markets. Deere Profit Sinks as Tariffs Weigh on Margins
• Negative Sentiment: Management still cites an uneven ag cycle; recovery concentrated in construction/smaller ag — if large‑ag demand stays weak, upside could be limited. Deere expects $4.5B–$5B net income in 2026

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.