BMO Capital Markets Forecasts Strong Price Appreciation for Deere & Company (NYSE:DE) Stock

Posted by Defense World Staff on Feb 22nd, 2026

Deere & Company (NYSE:DE – Get Free Report) had its price target lifted by equities researchers at BMO Capital Markets from $460.00 to $500.00 in a research report issued on Friday, MarketBeat.com reports. The brokerage presently has a “market perform” rating on the industrial products company’s stock. BMO Capital Markets’ price objective points to a potential downside of 24.56% from the company’s previous close.

Other analysts also recently issued reports about the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. Zacks Research raised Deere & Company from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Daiwa Securities Group cut their price objective on Deere & Company from $530.00 to $520.00 and set an “outperform” rating for the company in a research report on Tuesday, December 2nd. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Deere & Company in a report on Monday, December 1st. Finally, DA Davidson upped their target price on Deere & Company from $580.00 to $775.00 and gave the company a “buy” rating in a report on Friday. Fifteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $607.20.

Read Our Latest Research Report on DE

Deere & Company Trading Up 0.1%

Shares of Deere & Company stock opened at $662.74 on Friday. The business has a fifty day simple moving average of $522.56 and a 200-day simple moving average of $491.15. Deere & Company has a fifty-two week low of $404.42 and a fifty-two week high of $674.19. The firm has a market cap of $179.65 billion, a price-to-earnings ratio of 37.36, a price-to-earnings-growth ratio of 2.64 and a beta of 1.02. The company has a quick ratio of 2.01, a current ratio of 2.21 and a debt-to-equity ratio of 1.59.

Deere & Company (NYSE:DE – Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The industrial products company reported $2.42 EPS for the quarter, topping the consensus estimate of $1.90 by $0.52. Deere & Company had a net margin of 10.29% and a return on equity of 18.93%. The firm had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $7.50 billion. During the same period in the previous year, the business earned $3.19 earnings per share. Deere & Company’s revenue for the quarter was up 17.5% compared to the same quarter last year. On average, equities analysts forecast that Deere & Company will post 19.32 EPS for the current fiscal year.

Insider Transactions at Deere & Company

In other news, CEO John C. May II sold 41,472 shares of the company’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $501.49, for a total value of $20,797,793.28. Following the transaction, the chief executive officer owned 117,970 shares in the company, valued at $59,160,775.30. This represents a 26.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Cory J. Reed sold 12,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $510.00, for a total transaction of $6,120,000.00. Following the sale, the insider owned 20,792 shares of the company’s stock, valued at approximately $10,603,920. This represents a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 64,578 shares of company stock valued at $32,471,682 over the last 90 days. Corporate insiders own 0.29% of the company’s stock.

Institutional Investors Weigh In On Deere & Company

A number of institutional investors have recently modified their holdings of the stock. Catalyst Investment Management LLC acquired a new position in shares of Deere & Company in the fourth quarter worth $455,000. Cambient Family Office LLC purchased a new position in Deere & Company in the fourth quarter valued at about $7,427,000. White Knight Strategic Wealth Advisors LLC acquired a new position in Deere & Company in the 4th quarter worth about $356,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Deere & Company during the 4th quarter worth about $52,000. Finally, Compound Planning Inc. lifted its holdings in shares of Deere & Company by 7.1% during the 4th quarter. Compound Planning Inc. now owns 4,017 shares of the industrial products company’s stock valued at $1,870,000 after buying an additional 267 shares during the last quarter. Institutional investors and hedge funds 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: Q1 beat and raised FY guidance — Deere reported Q1 revenue of $9.61B and EPS of $2.42 (above estimates) and raised fiscal‑2026 net‑income guidance to $4.5B–$5.0B, which traders interpreted as confirmation that order trends and construction demand are improving. Deere Lifts Full-Year Profit Forecast as Construction, Sales Rebound (Reuters)
Positive Sentiment: Large analyst price‑target upgrades — several firms jumped their targets after the beat-and-raise (notable moves: Truist to $793, DA Davidson to $775, Wells Fargo to $750, RBC to $736, BofA to $672), supporting further upside expectations. Wall Street Goes Wild For Deere: The Real Reason Analysts Are Hiking Price Forecasts (Benzinga)
Positive Sentiment: Construction recovery, product strategy and M&A — management says 2026 may be the bottom of the farm cycle and highlighted strength in construction and small‑ag; Deere completed the Tenna acquisition and is pushing AI/connected‑equipment initiatives, which boost long‑term growth narrative. John Deere Completes Acquisition of Tenna (ForConstructionPros)
Neutral Sentiment: Some analysts remain cautious despite higher targets — a few shops raised targets but kept market‑perform/neutral ratings (e.g., Sanford Bernstein, BMO), signaling mixed conviction beneath the bullish headlines. Bernstein Adjusts Price Target on Deere to $615 from $521; Maintains Market Perform (MarketScreener)
Negative Sentiment: Profit and margin headwinds remain — net income fell year‑over‑year (to ~$656M) as tariffs and an unfavorable sales mix pressured margins; that keeps some earnings risk if tariffs or costs persist. Deere Profit Sinks as Tariffs Weigh on Margins (WSJ)

About Deere & Company

(Get Free Report)

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.