Deere & Company Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Deere & Company stock have an average target of 459.41, with a low estimate of 389 and a high estimate of 546. The average target predicts a decrease of -4.17% from the current stock price of 479.40.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$389	$459.41	$462	$546
Change	-18.86%	-4.17%	-3.63%	+13.89%

Analyst Ratings

The average analyst rating for Deere & Company 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	4	4	4	4	3	3
Buy	4	5	5	5	4	4
Hold	9	10	10	9	9	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	19	19	18	16	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mircea Dobre Baird	Baird	Buy → Hold Downgrades $501	Buy → Hold	Downgrades	$501	+4.51%	Mar 3, 2025
David Raso Evercore ISI Group	Evercore ISI Group	Hold Maintains $437 → $455	Hold	Maintains	$437 → $455	-5.09%	Feb 19, 2025
Kyle Menges Citigroup	Citigroup	Hold Maintains $430 → $480	Hold	Maintains	$430 → $480	+0.13%	Feb 14, 2025
Jamie Cook Truist Securities	Truist Securities	Strong Buy Reiterates $550 → $546	Strong Buy	Reiterates	$550 → $546	+13.89%	Feb 14, 2025
Tami Zakaria JP Morgan	JP Morgan	Hold Maintains $470 → $500	Hold	Maintains	$470 → $500	+4.30%	Feb 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

39.32B

from 51.53B

-23.70%

from 51.53B

Revenue Next Year

42.13B

from 39.32B

7.15%

from 39.32B

EPS This Year

19.73

from 25.62

-22.98%

from 25.62

EPS Next Year

22.51

from 19.73

14.10%

from 19.73

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Nov 1, 2020	Oct 31, 2021	Oct 30, 2022	Oct 29, 2023	Oct 27, 2024	Oct 27, 2025	Oct 27, 2026	Oct 27, 2027
Revenue	35.51B	43.98B	52.56B	61.22B	51.53B	39.32B	42.13B	45.27B
Revenue Growth	-9.48%	23.85%	19.51%	16.47%	-15.83%	-23.70%	7.15%	7.46%
EPS	8.69	18.99	23.28	34.63	25.62	19.73	22.51	25.90
EPS Growth	-14.38%	118.53%	22.59%	48.75%	-26.02%	-22.98%	14.10%	15.02%
Forward PE	-	-	-	-	-	24.29	21.29	18.51
No. Analysts	-	-	-	-	-	28	28	15

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	41.1B	45.0B	48.7B
Avg	39.3B	42.1B	45.3B
Low	36.8B	38.3B	40.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-20.3%	14.4%	15.7%
Avg	-23.7%	7.1%	7.5%
Low	-28.5%	-2.5%	-4.8%

EPS Forecast

EPS	2025	2026	2027
High	20.79	25.25	31.29
Avg	19.73	22.51	25.90
Low	17.98	19.46	22.10

EPS Growth

EPS Growth	2025	2026	2027
High	-18.9%	28.0%	39.0%
Avg	-23.0%	14.1%	15.0%
Low	-29.8%	-1.4%	-1.8%

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.