Moline, Illinois-based Deere & Company (DE) is a global manufacturer of agricultural, construction, forestry, and lawn-care equipment. Its product portfolio includes tractors, harvesters, planting and crop-care machinery, excavators, bulldozers, and commercial mowing equipment. The company has a market cap of $172.7 billion and operates through Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services segments.
DE is expected to release its Q4 2026 earnings before the market opens on Nov. 25. Ahead of the event, analysts expect the company’s EPS to be $4.07 on a diluted basis, up 3.6% from $3.93 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one occasion.
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For fiscal 2026, analysts project the company’s EPS to be $18.11, down 2.1% from $18.50 in fiscal 2025. However, its EPS is expected to rise 29.2% year over year to $23.40 in fiscal 2027.
www.barchart.comDE’s stock has surged 36.8% over the past 52 weeks, outperforming the S&P 500 Index’s ($SPX) 12.4% rise and the State Street Industrials Select Sector SPDR ETF’s (XLI), which returned 8.9% during the same time frame.
www.barchart.comDeere shares have trailed the broader market amid a prolonged downturn in agricultural equipment demand, as lower crop prices, elevated farm input costs, and economic uncertainty have prompted farmers to delay major machinery purchases. Higher tariffs have also increased manufacturing costs and pressured margins, while weaker demand for large agricultural equipment has weighed on earnings and tempered the company’s outlook.
Analysts are moderately bullish on DE, with the stock having a “Moderate Buy” rating overall. Among the 23 analysts covering the stock, 12 are recommending a “Strong Buy,” two suggest a “Moderate Buy,” and nine suggest a “Hold” for the stock. DE’s average analyst price target is $691.91, indicating an 8% upside from the current levels.
On the date of publication, Kritika Sarmah did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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