Erste Group Bank Predicts Deere & Company FY2026 Earnings

Deere & Company (NYSE:DE) – Analysts at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for Deere & Company in a research note issued to investors on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now expects that the industrial products company will post earnings of $17.67 per share for the year, up from their previous forecast of $17.63. The consensus estimate for Deere & Company’s current full-year earnings is $19.32 per share. Erste Group Bank also issued estimates for Deere & Company’s FY2027 earnings at $23.02 EPS.

Other research analysts have also issued reports about the stock. UBS Group raised their price objective on shares of Deere & Company from $535.00 to $775.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Daiwa Securities Group lowered their target price on shares of Deere & Company from $530.00 to $520.00 and set an “outperform” rating on the stock in a report on Tuesday, December 2nd. Evercore reaffirmed a “positive” rating on shares of Deere & Company in a research report on Friday, November 28th. Royal Bank Of Canada lifted their price target on Deere & Company from $541.00 to $736.00 and gave the company an “outperform” rating in a research note on Friday, February 20th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 29th. Sixteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Deere & Company presently has an average rating of “Moderate Buy” and a consensus target price of $644.70.

Deere & Company Stock Performance

Shares of DE stock opened at $581.07 on Thursday. The company has a current ratio of 2.21, a quick ratio of 1.96 and a debt-to-equity ratio of 1.59. The firm has a fifty day simple moving average of $578.65 and a two-hundred day simple moving average of $508.75. Deere & Company has a 12 month low of $404.42 and a 12 month high of $674.19. The firm has a market capitalization of $156.95 billion, a PE ratio of 32.75, a price-to-earnings-growth ratio of 2.02 and a beta of 0.96.

Deere & Company (NYSE:DE) last issued its earnings results on Thursday, February 19th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.52. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The company had revenue of $9.61 billion for the quarter, compared to analysts’ expectations of $7.50 billion. During the same period last year, the business earned $3.19 EPS. Deere & Company’s quarterly revenue was up 17.5% compared to the same quarter last year.

Institutional Investors Weigh In On Deere & Company

Large investors have recently made changes to their positions in the business. Cerro Pacific Wealth Advisors LLC grew its stake in shares of Deere & Company by 0.6% during the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 3,179 shares of the industrial products company’s stock valued at $1,480,000 after acquiring an additional 19 shares during the period. Hazlett Burt & Watson Inc. raised its stake in Deere & Company by 2.4% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 816 shares of the industrial products company’s stock worth $379,000 after acquiring an additional 19 shares during the period. Root Financial Partners LLC raised its stake in Deere & Company by 2.2% during the 4th quarter. Root Financial Partners LLC now owns 880 shares of the industrial products company’s stock worth $410,000 after acquiring an additional 19 shares during the period. Verdence Capital Advisors LLC lifted its holdings in Deere & Company by 2.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 773 shares of the industrial products company’s stock valued at $360,000 after purchasing an additional 20 shares in the last quarter. Finally, Family Legacy Inc. lifted its holdings in Deere & Company by 0.3% during the fourth quarter. Family Legacy Inc. now owns 7,894 shares of the industrial products company’s stock valued at $3,675,000 after purchasing an additional 20 shares in the last quarter. 68.58% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO John C. May II sold 41,472 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 117,970 shares of the company’s stock, valued at $59,160,775.30. This represents a 26.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Cory J. Reed sold 12,000 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $510.00, for a total value of $6,120,000.00. Following the sale, the insider directly owned 20,792 shares of the company’s stock, valued at $10,603,920. The trade was a 36.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is owned by insiders.

Deere & Company Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Stockholders of record on Tuesday, March 31st will be paid a $1.62 dividend. This represents a $6.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, March 31st. Deere & Company’s payout ratio is presently 36.53%.

Key Deere & Company News

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

• Positive Sentiment: Strategic manufacturing partnership with Tarter USA to produce American-made Frontier™ Flex Wing Rotary Cutters — expands product lineup, strengthens U.S. manufacturing and supports aftermarket/attachment sales. John Deere and Tarter USA Announce Strategic Partnership to Launch American-Made Flex Wing Rotary Cutters
• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts modestly — incremental analyst uplift supports the view that Deere can deliver better-than-feared earnings despite ag weakness (lift to investor sentiment/earnings expectations).
• Positive Sentiment: Technical and momentum signals noted in recent coverage (revisited stock-pick pieces) point to buying interest after a well-received earnings reaction — may attract short-term technical buyers. Revisiting Former Stock Picks Sterling Infrastructure, Corpay, Deere
• Neutral Sentiment: Coverage noting USDA’s projected decline in farm income flags demand risk for ag equipment, but analysts point to offsetting strength in construction demand and Deere’s raised FY26 guidance — mixed implications for margins. Will USDA’s Farm Income Decline Reflect on Deere’s Margin in FY26?
• Neutral Sentiment: Analysis arguing Deere is “outrunning broader markets” but fairly valued suggests upside may be limited absent stronger top-line recovery — reinforces cautious positioning among some investors. Deere & Company: Outrunning Broader Markets, Shares Fairly Valued
• Negative Sentiment: Multiple articles warn that industrial/agribusiness stocks (including Deere) face valuation risk after strong sector performance — could pressure the stock if broader multiple compression occurs. Avoid Deere and Other Expensive Industrial Stocks. 3 To Buy Instead.

About Deere & Company

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.