What Analysts Are Saying About Deere Stock

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Deere DE has been analyzed by 11 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 1 8 0 0
Last 30D 0 0 1 0 0
1M Ago 1 0 3 0 0
2M Ago 0 1 2 0 0
3M Ago 1 0 2 0 0

In the assessment of 12-month price targets, analysts unveil insights for Deere, presenting an average target of $492.64, a high estimate of $550.00, and a low estimate of $430.00. Observing a 2.38% increase, the current average has risen from the previous average price target of $481.18.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

A comprehensive examination of how financial experts perceive Deere is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mircea Dobre Baird Maintains Neutral $501.00 $501.00
David Raso Evercore ISI Group Raises In-Line $455.00 $437.00
Kyle Menges Citigroup Raises Neutral $480.00 $430.00
Jamie Cook Truist Securities Lowers Buy $546.00 $550.00
Tami Zakaria JP Morgan Raises Neutral $500.00 $470.00
Kristen Owen Oppenheimer Raises Outperform $507.00 $477.00
Tami Zakaria JP Morgan Raises Neutral $470.00 $450.00
Kyle Menges Citigroup Lowers Neutral $430.00 $470.00
Jamie Cook Truist Securities Raises Buy $550.00 $538.00
Kyle Menges Citigroup Raises Neutral $470.00 $460.00
Stephen Volkmann Jefferies Maintains Hold $510.00 $510.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Deere. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Deere compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Deere's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Deere's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Deere analyst ratings.

About Deere

Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture (PPA), small agriculture & turf (SAT), construction & forestry (CF), and financial services (FS), its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere financial provides retail financing for machinery to its customers and wholesale financing for dealers.

Deere: A Financial Overview

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Growth: Deere's revenue growth over a period of 3 months has faced challenges. As of 31 January, 2025, the company experienced a revenue decline of approximately -30.25%. This indicates a decrease in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Deere's net margin excels beyond industry benchmarks, reaching 10.52%. This signifies efficient cost management and strong financial health.

Return on Equity (ROE): Deere's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.84%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Deere's ROA excels beyond industry benchmarks, reaching 0.83%. This signifies efficient management of assets and strong financial health.

Debt Management: Deere's debt-to-equity ratio surpasses industry norms, standing at 2.88. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: Simplified

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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