Deere & Company (DE)
NYSE: DE · Real-Time Price · USD
479.99
-4.16 (-0.86%)
Jan 28, 2025, 4:00 PM EST - Market closed

Deere & Company Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Deere & Company stock have an average target of 445.33, with a low estimate of 378 and a high estimate of 550. The average target predicts a decrease of -7.22% from the current stock price of 479.99.

Analyst Consensus: Buy
Target Low Average Median High
Price $378 $445.33 $450 $550
Change -21.25% -7.22% -6.25% +14.59%

Analyst Ratings

The average analyst rating for DE stock from 18 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 554444
Buy 444555
Hold 99910109
Sell 000000
Strong Sell 000000
Total 181817191918

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Maintains
$477$507
Buy Maintains $477$507 +5.63% Jan 28, 2025
JP Morgan
JP Morgan
Hold
Maintains
$450$470
Hold Maintains $450$470 -2.08% Jan 15, 2025
Citigroup
Citigroup
Hold
Maintains
$470$430
Hold Maintains $470$430 -10.41% Jan 14, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$538$550
Strong Buy Maintains $538$550 +14.59% Dec 19, 2024
Citigroup
Citigroup
Hold
Maintains
$460$470
Hold Maintains $460$470 -2.08% Dec 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
40.04B
from 51.53B
Decreased by -22.30%
Revenue Next Year
42.42B
from 40.04B
Increased by 5.93%
EPS This Year
20.13
from 25.62
Decreased by -21.42%
EPS Next Year
23.28
from 20.13
Increased by 15.64%
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
35.51B43.98B52.56B61.22B51.53B40.04B42.42B44.91B
Revenue Growth
-9.48%23.85%19.51%16.47%-15.83%-22.30%5.93%5.87%
EPS
8.6918.9923.2834.6325.6220.1323.2824.18
EPS Growth
-14.38%118.53%22.59%48.75%-26.02%-21.42%15.64%3.88%
Forward PE
-----23.8420.6219.85
No. Analysts -----282514
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 41.2B 45.2B 49.0B
Avg 40.0B 42.4B 44.9B
Low 37.6B 38.2B 40.0B

Revenue Growth

Revenue Growth 202520262027
High
-20.1%
12.9%
15.5%
Avg
-22.3%
5.9%
5.9%
Low
-27.1%
-4.6%
-5.8%

EPS Forecast

EPS 20252026202720282029
High 24.83 28.62 29.21
Avg 20.13 23.28 24.18
Low 18.08 19.36 10.92

EPS Growth

EPS Growth 20252026202720282029
High
-3.1%
42.1%
25.5%
Avg
-21.4%
15.6%
3.9%
Low
-29.4%
-3.8%
-53.1%
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.