
DE Stock Forecast & Price Target
DE Analyst Ratings
Bulls say
Deere is viewed favorably because its F3Q:26 results beat expectations, with EPS of $5.10 versus $4.67 consensus, equipment revenue of $11.3B, and a raised 2026 net income outlook of $4.75B-$5.00B, reinforcing confidence that 2026 is the trough. Its leadership in agricultural equipment is supported by a large dealer network, global reach, and a differentiated precision-agriculture ecosystem that is lifting adoption of products like See & Spray and ExactShot, improving mix, margins, and recurring revenue potential. The investment case is further strengthened by tight North American inventories, aging fleets, improving early-order programs, and supportive Brazil fundamentals, which together suggest a measured recovery and more stable earnings through the cycle.
Bears say
Deere is exposed to a cyclical downturn in its core PPA business, where agricultural purchases depend on cash receipts, farmer incomes, weather, and crop prices, all of which can weaken demand and delay orders. Rising interest rates also threaten affordability and could increase past-due or defaulted loans in its financial services arm, while supply-chain disruptions, quality issues, and slower adoption of precision-agriculture technology could further pressure sales and margins. Construction and forestry adds additional uncertainty, and the downside case already assumes a protracted commodity downturn and trade and macro overhang, with F2027 adjusted EPS valued at a 20x multiple.
This aggregate rating is based on analysts' research of Deere & Company and is not a guaranteed prediction by Public.com or investment advice.
DE Analyst Forecast & Price Prediction
Start investing in DE
Order type
Buy in
Order amount
Est. shares
0 shares