Deere & Company (DE)
NYSE: DE · Real-Time Price · USD
446.65
+9.11 (2.08%)
Nov 22, 2024, 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 432.44, with a low estimate of 375 and a high estimate of 538. The average target predicts a decrease of -3.18% from the current stock price of 446.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for DE stock from 19 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 4 | 4 |
| Buy | 5 | 5 | 4 | 4 | 4 | 5 |
| Hold | 8 | 8 | 9 | 9 | 9 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 18 | 18 | 17 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $404 → $462 | Hold | Maintains | $404 → $462 | +3.44% | Nov 22, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $496 → $538 | Strong Buy | Maintains | $496 → $538 | +20.45% | Nov 22, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $448 → $477 | Buy | Maintains | $448 → $477 | +6.80% | Nov 22, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $420 → $450 | Hold | Maintains | $420 → $450 | +0.75% | Nov 22, 2024 |
| Barclays | Barclays | Buy Maintains $400 → $475 | Buy | Maintains | $400 → $475 | +6.35% | Nov 22, 2024 |
Financial Forecast
Revenue This Year
46.67B
from 61.22B
Decreased by -23.77%
Revenue Next Year
43.72B
from 46.67B
Decreased by -6.33%
EPS This Year
25.64
from 34.63
Decreased by -25.96%
EPS Next Year
22.83
from 25.64
Decreased by -10.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 55.1B | 52.6B | 55.2B |
| Avg | 46.7B | 43.7B | 45.7B |
| Low | 43.3B | 36.3B | 37.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -10.0% | 12.6% | 26.2% |
| Avg | -23.8% | -6.3% | 4.6% |
| Low | -29.3% | -22.3% | -13.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.64 | 28.09 | 31.40 | ||
| Avg | 25.64 | 22.83 | 25.66 | ||
| Low | 21.98 | 17.94 | 21.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -23.1% | 9.5% | 37.5% | ||
| Avg | -26.0% | -10.9% | 12.4% | ||
| Low | -36.5% | -30.0% | -6.7% |
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.