Deere & Company (NYSE:DE) Price Target Lowered to $700.00 at Raymond James Financial

Deere & Company (NYSE:DE) had its price target decreased by equities research analysts at Raymond James Financial from $765.00 to $700.00 in a report issued on Friday,MarketScreener reports. The brokerage presently has an “outperform” rating on the industrial products company’s stock. Raymond James Financial’s target price points to a potential upside of 32.11% from the stock’s current price.

DE has been the subject of several other research reports. BMO Capital Markets raised their price objective on shares of Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a report on Friday, February 20th. Barclays increased their price target on Deere & Company from $530.00 to $640.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 31st. Royal Bank Of Canada raised their price target on Deere & Company from $541.00 to $736.00 and gave the company an “outperform” rating in a report on Friday, February 20th. Robert W. Baird reduced their price objective on Deere & Company from $580.00 to $525.00 and set a “neutral” rating on the stock in a research note on Friday. Finally, Morgan Stanley increased 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. Fifteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $640.73.

Deere & Company Stock Down 0.3%

Shares of NYSE DE opened at $529.88 on Friday. Deere & Company has a 52-week low of $433.00 and a 52-week high of $674.19. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.96 and a current ratio of 2.18. The business has a fifty day moving average of $576.52 and a two-hundred day moving average of $539.80. The stock has a market cap of $143.13 billion, a PE ratio of 30.02, a PEG ratio of 1.85 and a beta of 0.96.

Deere & Company (NYSE:DE) last posted its earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, topping the consensus estimate of $5.70 by $0.85. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The business had revenue of $11.78 billion for the quarter, compared to analyst estimates of $11.55 billion. During the same quarter in the prior year, the firm earned $6.64 EPS. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. As a group, equities research analysts expect that Deere & Company will post 18.01 earnings per share for the current fiscal year.

Institutional Trading of Deere & Company

Hedge funds and other institutional investors have recently modified their holdings of the stock. Strategic Advocates LLC acquired a new position in Deere & Company in the third quarter valued at about $25,000. Key Capital Management INC bought a new position in Deere & Company in the 4th quarter valued at about $27,000. Timmons Wealth Management LLC acquired a new position in shares of Deere & Company in the 4th quarter valued at approximately $29,000. Activest Wealth Management raised its position in shares of Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after buying an additional 27 shares in the last quarter. Finally, McIlrath & Eck LLC bought a new stake in shares of Deere & Company during the 4th quarter worth approximately $30,000. Institutional investors 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: Deere beat Q2 estimates on both earnings and revenue, with EPS of $6.55 and sales of $13.37 billion, helped by strength in Construction & Forestry and Small Ag & Turf. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
• Positive Sentiment: Management raised its Construction & Forestry outlook, citing strong demand tied to data center and AI infrastructure spending, which supports a non-farm growth engine for Deere. Deere forecasts FY2026 net income of $4.5B-$5B while lifting construction & forestry sales outlook to up ~20%
• Neutral Sentiment: Several analysts adjusted price targets after earnings, but most kept neutral or buy ratings, suggesting Wall Street sees limited near-term upside until the ag cycle improves. JPMorgan adjusts price target on Deere Co. to $560 from $550, maintains neutral rating
• Neutral Sentiment: Deere maintained its full-year net income forecast of $4.5 billion to $5.0 billion, which reassured investors on guidance but did not signal a stronger rebound in the core farm market. Deere beats second-quarter profit estimate but maintains full-year forecast
• Negative Sentiment: Weak Production & Precision Agriculture sales, down sharply year over year, remain the main concern and are weighing on investor sentiment about Deere’s earnings quality and valuation. Deere Beats Q2 Estimates, But Ag Weakness Weighs on Outlook
• Negative Sentiment: A new class-action lawsuit over right-to-repair practices adds another legal overhang, potentially raising questions about Deere’s aftermarket model and customer relations. Deere Lawsuit Puts Right To Repair Model And Aftermarket Profits Under Review

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.