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

Deere & Company (NYSE:DE) had its target price lifted by Wolfe Research from $550.00 to $660.00 in a report released on Tuesday,MarketScreener reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Wolfe Research’s target price would indicate a potential upside of 16.79% from the company’s previous close.

DE has been the topic of a number of other reports. Robert W. Baird raised their target price on shares of Deere & Company from $467.00 to $675.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Barclays increased their price target on Deere & Company from $530.00 to $640.00 and gave the company an “overweight” rating in a report on Tuesday. BMO Capital Markets increased their price target on Deere & Company from $460.00 to $500.00 and gave the company a “market perform” rating in a report on Friday, February 20th. Sanford C. Bernstein lifted their price objective on Deere & Company from $521.00 to $615.00 and gave the stock a “market perform” rating in a research report on Friday, February 20th. Finally, UBS Group boosted their price objective on Deere & Company from $535.00 to $775.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Sixteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $655.70.

Deere & Company Price Performance

Shares of NYSE DE traded up $1.84 during mid-day trading on Tuesday, reaching $565.14. The company’s stock had a trading volume of 259,573 shares, compared to its average volume of 1,598,216. The stock has a 50-day moving average of $581.59 and a two-hundred day moving average of $511.06. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.96 and a current ratio of 2.21. The stock has a market capitalization of $152.65 billion, a P/E ratio of 31.85, a P/E/G ratio of 1.94 and a beta of 0.96. Deere & Company has a 1-year low of $404.42 and a 1-year high of $674.19.

Deere & Company (NYSE:DE) last posted its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share 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 firm had revenue of $9.61 billion for the quarter, compared to analyst estimates of $7.50 billion. During the same period in the previous year, the business posted $3.19 earnings per share. Deere & Company’s quarterly revenue was up 17.5% on a year-over-year basis. On average, equities research analysts anticipate that Deere & Company will post 19.32 EPS for the current fiscal year.

Insider Activity at Deere & Company

In related news, insider Cory J. Reed sold 12,000 shares of the 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 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO John C. May II sold 41,472 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer directly 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 SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Deere & Company

Large investors have recently modified their holdings of the business. Howard Hughes Medical Institute purchased a new stake in Deere & Company during the second quarter worth about $27,000. Strategic Advocates LLC purchased a new position in shares of Deere & Company in the third quarter valued at approximately $25,000. Key Capital Management INC purchased a new position in shares of Deere & Company in the fourth quarter valued at approximately $27,000. Timmons Wealth Management LLC acquired a new position in shares of Deere & Company in the fourth quarter valued at approximately $29,000. Finally, McIlrath & Eck LLC acquired a new position in shares of Deere & Company in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

More Deere & Company News

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

• Positive Sentiment: Opened a Central Texas testing facility to trial new farming tech — underscores Deere’s push into precision, autonomous and services-led growth that can expand aftermarket and software revenue. John Deere opens Central Texas facility to test new farming technology
• Positive Sentiment: Local Austin testing center story emphasizes product-readiness and farmer engagement — reinforces execution on R&D and rollout of precision solutions. John Deere’s Austin testing center brings new tech to farming
• Positive Sentiment: Coverage noting Deere’s precision-farming leadership and Russell 1000 inclusion highlights institutional visibility and demand from passive flows. Deere & Company (NYSE:DE) Drives Precision Farming In Russell 1000
• Positive Sentiment: Major-brand marketing boost: multi-year sponsorship with Major League Baseball increases brand reach across U.S. markets and supports consumer/municipal equipment demand and dealer awareness. JOHN DEERE PARTNERS WITH MAJOR LEAGUE BASEBALL
• Positive Sentiment: Investor interest stories flag Deere as a high-quality cyclical pick (including coverage linking the name to Bill Gates’ reported holdings), which can attract long-term institutional buyers. Is Deere (DE) a Top Stock Pick of Bill Gates in 2026?
• Positive Sentiment: Independent coverage also highlights Deere in high-net-worth/model portfolios, reinforcing retail and advisory interest. Is Deere (DE) a Top Stock Pick of Bill Gates in 2026?
• Positive Sentiment: Long-form bullish thesis argues Deere is positioned for a cyclical rebound with margin expansion in services and CF segments — supports a constructive medium-term earnings outlook. Deere Is Finally Receiving Winds Of Change
• Neutral Sentiment: Zacks notes DE is a trending stock among users — indicates attention but not a directional catalyst by itself. Here is What to Know Beyond Why Deere & Company (DE) is a Trending Stock
• Neutral Sentiment: MarketWatch: stock rose recently but still lags the broader market — mixed near-term performance signal that may weigh on short-term sentiment. Deere & Co. stock rises Tuesday, still underperforms market
• Negative Sentiment: Warning on fertilizer/input-cost pressure — higher input prices can reduce farmer margins and equipment demand, a clear downside risk to sales and margins. Deere: Fertilizer Prices Could Be The Straw That Breaks The Camel’s Back

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.