JPMorgan Chase & Co. Has Lowered Expectations for Deere & Company (NYSE:DE) Stock Price

Deere & Company (NYSE:DE) had its price objective lowered by investment analysts at JPMorgan Chase & Co. from $480.00 to $460.00 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 price target indicates a potential downside of 2.26% from the company’s previous close.

Several other equities analysts have also commented on DE. Jefferies Financial Group raised their price objective on Deere & Company from $440.00 to $475.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. BMO Capital Markets reiterated a “market perform” rating and issued a $460.00 price target on shares of Deere & Company in a research note on Tuesday, December 9th. Robert W. Baird dropped their price objective on shares of Deere & Company from $488.00 to $467.00 and set a “neutral” rating on the stock in a research note on Monday, October 13th. Sanford C. Bernstein restated a “market perform” rating on shares of Deere & Company in a report on Tuesday, December 9th. Finally, Citigroup lowered their target price on shares of Deere & Company from $525.00 to $515.00 and set a “neutral” rating for the company in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $522.70.

Deere & Company Stock Performance

Deere & Company stock opened at $470.62 on Friday. The stock’s 50 day simple moving average is $471.38 and its two-hundred day simple moving average is $486.58. The company has a debt-to-equity ratio of 1.68, a quick ratio of 2.01 and a current ratio of 2.22. The stock has a market cap of $127.22 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 1.77 and a beta of 1.00. Deere & Company has a fifty-two week low of $403.01 and a fifty-two week high of $533.78.

Deere & Company (NYSE:DE) last announced its earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.96 by ($0.03). The firm had revenue of $12.39 billion during the quarter, compared to the consensus estimate of $9.77 billion. Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The firm’s revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the company posted $4.55 EPS. As a group, analysts expect that Deere & Company will post 19.32 earnings per share for the current fiscal year.

Insider Buying and Selling at Deere & Company

In related news, CEO John C. May II sold 11,106 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $500.08, for a total value of $5,553,888.48. Following the completion of the transaction, the chief executive officer directly owned 112,453 shares in the company, valued at $56,235,496.24. The trade was a 8.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.29% of the stock is owned by company insiders.

Institutional Trading of Deere & Company

Institutional investors and hedge funds have recently modified their holdings of the business. Brighton Jones LLC raised its position in Deere & Company by 39.1% in the 4th quarter. Brighton Jones LLC now owns 4,548 shares of the industrial products company’s stock worth $1,927,000 after buying an additional 1,278 shares during the last quarter. Summit Financial LLC grew its stake in shares of Deere & Company by 2.5% in the first quarter. Summit Financial LLC now owns 6,924 shares of the industrial products company’s stock worth $3,250,000 after acquiring an additional 172 shares during the period. CW Advisors LLC grew its stake in shares of Deere & Company by 103.0% in the first quarter. CW Advisors LLC now owns 8,599 shares of the industrial products company’s stock worth $4,044,000 after acquiring an additional 4,364 shares during the period. Bragg Financial Advisors Inc raised its holdings in shares of Deere & Company by 12.7% during the first quarter. Bragg Financial Advisors Inc now owns 7,213 shares of the industrial products company’s stock valued at $3,386,000 after purchasing an additional 813 shares during the last quarter. Finally, Compound Planning Inc. lifted its position in Deere & Company by 39.8% during the first quarter. Compound Planning Inc. now owns 3,184 shares of the industrial products company’s stock valued at $1,495,000 after purchasing an additional 907 shares during the period. Institutional investors own 68.58% of the company’s stock.

Key Headlines Impacting Deere & Company

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

• Neutral Sentiment: JPMorgan trimmed its price target on DE to $460 from $480 and kept a “neutral” rating, signaling limited near‑term upside from the bank’s view. MarketScreener
• Neutral Sentiment: Reported sale of DE shares by Rep. Julie Johnson was filed (common for insiders/holders but can attract attention). Investors typically treat single sales as neutral unless part of a broader trend. Rep. Julie Johnson Sells DE Stock
• Negative Sentiment: Zacks Research substantially cut near‑term EPS forecasts across multiple quarters and fiscal years and kept a “Hold” rating — the revisions lower future earnings expectations and create headline risk. Notable cuts include Q1 2026 EPS to $1.99 (from $2.83), Q2 2026 to $5.55 (from $5.97), Q3 2026 to $4.75 (from $5.26), Q4 2026 to $4.45 (from $4.78), FY2026 to $16.74 (from $18.83), Q2 2027 to $6.19 (from $7.24), Q3 2027 to $5.68 (from $6.44) and FY2027 to $21.55 (from $24.20). These downward revisions are the main negative catalyst weighing on the stock today.
• Negative Sentiment: Zacks also trimmed some 2027/2028 quarter forecasts (e.g., Q4 2027 and FY2028 updates), leaving investors with reduced multi‑year growth expectations versus prior assumptions — increasing uncertainty around DE’s earnings trajectory.

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.