Deere & Company (DE)
NYSE: DE · Real-Time Price · USD
412.11
+4.18 (1.02%)
At close: Oct 28, 2024, 3:59 PM
412.35
+0.24 (0.06%)
After-hours: Oct 28, 2024, 4:14 PM EDT
Deere & Company Stock Forecast
Stock Price Forecast
The 16 analysts with 12-month price forecasts for Deere & Company stock have an average target of 421.63, with a low estimate of 375 and a high estimate of 496. The average target predicts an increase of 2.31% from the current stock price of 412.11.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DE stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Buy | 6 | 5 | 5 | 4 | 4 | 4 |
| Hold | 9 | 8 | 8 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 18 | 18 | 18 | 18 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $360 → $420 | Hold | Maintains | $360 → $420 | +1.91% | Oct 11, 2024 |
| Citigroup | Citigroup | Hold Maintains $395 → $420 | Hold | Maintains | $395 → $420 | +1.91% | Oct 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $443 → $496 | Strong Buy | Maintains | $443 → $496 | +20.36% | Oct 9, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $450 → $425 | Buy | Maintains | $450 → $425 | +3.13% | Aug 26, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $371 → $378 | Hold | Maintains | $371 → $378 | -8.28% | Aug 19, 2024 |
Financial Forecast
Revenue This Year
46.20B
from 61.22B
Decreased by -24.55%
Revenue Next Year
43.92B
from 46.20B
Decreased by -4.93%
EPS This Year
25.68
from 34.63
Decreased by -25.84%
EPS Next Year
23.50
from 25.68
Decreased by -8.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 48.2B | 48.1B | 50.5B |
| Avg | 46.2B | 43.9B | 45.9B |
| Low | 43.3B | 36.3B | 37.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -21.2% | 4.2% | 15.1% |
| Avg | -24.5% | -4.9% | 4.4% |
| Low | -29.3% | -21.5% | -14.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.64 | 28.09 | 31.40 | ||
| Avg | 25.68 | 23.50 | 26.41 | ||
| Low | 21.98 | 17.94 | 21.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -23.1% | 9.4% | 33.6% | ||
| Avg | -25.8% | -8.5% | 12.4% | ||
| Low | -36.5% | -30.1% | -9.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.