Deere & Company (NYSE:DE) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Deere & Company (NYSE:DE) had its price target boosted by investment analysts at Wells Fargo & Company from $543.00 to $750.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The firm currently has an “overweight” rating on the industrial products company’s stock. Wells Fargo & Company‘s price target would suggest a potential upside of 13.65% from the stock’s current price.

A number of other equities analysts have also recently commented on the company. UBS Group reaffirmed a “buy” rating on shares of Deere & Company in a report on Friday. JPMorgan Chase & Co. lowered their price objective on Deere & Company from $480.00 to $460.00 and set a “neutral” rating on the stock in a research report on Friday, December 19th. Truist Financial boosted their price objective on Deere & Company from $609.00 to $612.00 and gave the company a “buy” rating in a research note on Friday, November 28th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Deere & Company in a research note on Monday, December 1st. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Deere & Company in a report on Friday. Fifteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $586.00.

Deere & Company Stock Performance

NYSE:DE traded down $2.06 on Friday, hitting $659.95. The stock had a trading volume of 479,057 shares, compared to its average volume of 1,680,910. The business’s 50-day simple moving average is $519.01 and its two-hundred day simple moving average is $490.22. The stock has a market cap of $178.89 billion, a price-to-earnings ratio of 35.61, a price-to-earnings-growth ratio of 2.37 and a beta of 1.02. Deere & Company has a 52-week low of $404.42 and a 52-week high of $674.19. The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 1.68.

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

Insider Activity

In related 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 completion of the transaction, the chief executive officer owned 117,970 shares of the company’s stock, valued at approximately $59,160,775.30. This trade represents a 26.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Cory J. Reed sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total value of $6,120,000.00. Following the sale, the insider directly owned 20,792 shares in the company, valued at $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 64,578 shares of company stock worth $32,471,682 over the last 90 days. Corporate insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Deere & Company in the 4th quarter worth about $1,715,633,000. Capital World Investors boosted its position in shares of Deere & Company by 53.9% during the fourth quarter. Capital World Investors now owns 9,592,004 shares of the industrial products company’s stock valued at $4,465,906,000 after buying an additional 3,358,264 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Deere & Company by 1,725.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,003,715 shares of the industrial products company’s stock valued at $932,870,000 after buying an additional 1,893,972 shares during the last quarter. M&T Bank Corp raised its holdings in shares of Deere & Company by 1,199.8% in the fourth quarter. M&T Bank Corp now owns 1,864,701 shares of the industrial products company’s stock worth $868,149,000 after buying an additional 1,721,239 shares during the period. Finally, Marshall Wace LLP raised its holdings in shares of Deere & Company by 573.9% in the second quarter. Marshall Wace LLP now owns 842,882 shares of the industrial products company’s stock worth $428,597,000 after buying an additional 717,808 shares during the period. 68.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Deere & Company

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

Deere & Company Company Profile

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.