DE's fiscal first-quarter results are likely to reflect lower volumes, partially offset by favorable price realization.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Deere (DE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended January 2025.
Deere (DE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Deere (DE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Deere (DE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Deere (DE) closed at $479.99 in the latest trading session, marking a +0.38% move from the prior day.
Deere is a strong buy with a conservative upside target of $600, driven by structural profitability improvements and a turn in the agricultural cycle. Historically, the best buying opportunities for DE shares occur when corn and soybean prices are low, as the agricultural cycle inevitably turns higher. DE's investment in new technologies and rapid response to industry downturns have improved profit margins, justifying higher valuations through the next agricultural cycle.
Deere (DE) closed the most recent trading day at $478.77, moving +0.85% from the previous trading session.
Deere (DE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
In the closing of the recent trading day, Deere (DE) stood at $410, denoting a -0.79% change from the preceding trading day.