JPMorgan Chase & Co. Raises Deere & Company (NYSE:DE) Price Target to $560.00

Deere & Company (NYSE:DE) had its target price raised by stock analysts at JPMorgan Chase & Co. from $550.00 to $560.00 in a research note issued to investors on Friday,MarketScreener reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 5.61% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Sanford C. Bernstein boosted their price objective on Deere & Company from $521.00 to $615.00 and gave the company a “market perform” rating in a research note on Friday, February 20th. Bank of America decreased their target price on Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a research note on Friday. Morgan Stanley lifted their target price on Deere & Company from $560.00 to $730.00 and gave the stock an “overweight” rating in a report on Monday, February 23rd. Raymond James Financial reissued an “outperform” rating and issued a $765.00 price target on shares of Deere & Company in a research note on Monday, February 23rd. Finally, Jefferies Financial Group upgraded Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 price target on the stock in a report on Wednesday, April 8th. Fifteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Deere & Company currently has a consensus rating of “Moderate Buy” and a consensus price target of $643.98.

Deere & Company Trading Down 0.2%

DE opened at $530.26 on Friday. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. The company has a fifty day moving average of $577.80 and a 200-day moving average of $539.87. The stock has a market cap of $143.23 billion, a PE ratio of 29.72, a price-to-earnings-growth ratio of 1.96 and a beta of 0.96. The company has a quick ratio of 1.96, a current ratio of 2.21 and a debt-to-equity ratio of 1.59.

Deere & Company (NYSE:DE) last released its earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.70 by $0.85. The business had revenue of $11.78 billion for the quarter, compared to analyst estimates of $11.55 billion. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. Deere & Company’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $6.64 earnings per share. On average, sell-side analysts predict that Deere & Company will post 18.01 EPS for the current year.

Institutional Investors Weigh In On Deere & Company

Several hedge funds and other institutional investors have recently modified their holdings of the company. Strategic Advocates LLC bought a new position in shares of Deere & Company in the 3rd quarter worth $25,000. Key Capital Management INC bought a new stake in Deere & Company during the 4th quarter valued at $27,000. Timmons Wealth Management LLC bought a new stake in Deere & Company during the 4th quarter valued at $29,000. Activest Wealth Management increased its stake in Deere & Company by 69.2% during the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after purchasing an additional 27 shares in the last quarter. Finally, McIlrath & Eck LLC acquired a new position in Deere & Company during the fourth quarter worth $30,000. Institutional investors own 68.58% of the company’s stock.

Trending Headlines about Deere & Company

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

• Positive Sentiment: Deere beat Q2 profit and sales estimates, helped by strong performance in construction & forestry and small ag/turf, which showed the business can still grow even as farm demand weakens.
• Positive Sentiment: The company lifted its construction & forestry sales outlook to about 20% growth for FY2026, signaling continued strength in a segment that is partially offsetting agriculture weakness.
• Neutral Sentiment: Deere maintained full-year net income guidance of $4.5 billion to $5.0 billion, which was reassuring but not enough to change the market’s view that the recovery in large agriculture may be slow.
• Neutral Sentiment: Management’s commentary pointed to tariff-related headwinds and a one-time tariff refund benefit, which supported the quarter but does not represent a recurring earnings boost.
• Negative Sentiment: Production & Precision Ag sales fell sharply year over year, underscoring the slump in Deere’s most important cyclical farm machinery business and raising concerns about farmer budgets and replacement demand.
• Negative Sentiment: A new class-action lawsuit over right-to-repair practices could add legal and reputational risk around Deere’s aftermarket repair model and pricing power.

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.