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.
Deere & Company delivered a strong Q1 double beat, raising net income guidance to $4.5B–$5B and driving a 40% YTD stock appreciation. Construction & Forestry and Small Ag & Turf segments outperformed, benefiting from robust infrastructure demand and strong price realization, while Production & Precision Ag remains challenged. DE's transition to high-margin recurring software revenue, targeting 10% CAGR by 2030, underpins a long-term technology-driven growth thesis despite a current P/E of 35.78.
Deere (DE) jumps after strong earnings and higher guidance, lifting agriculture ETFs like VEGI, KROP and FTAG as farm and ag-tech stocks gain momentum.
Deere's stock is building on its winning streak.
Deere & Company (DE) Q1 2026 Earnings Call Transcript
Deere & Company ( NYSE:DE ) reported first-quarter fiscal 2026 results yesterday that beat Wall Street expectations for both revenue and earnings even though profits fell from the year before.
Lower-Than-Expected Weekly Jobless Claims Data.
DE tops Q1 earnings estimates, with 17.5% y/y equipment sales growth and lifts the FY26 net income outlook, even as profits slide.
New Jobless Claims were down to 206K while Walmart, Deere and Etsy beat on earnings.
Although the revenue and EPS for Deere (DE) give a sense of how its business performed in the quarter ended January 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Shares in Deere & Company (NYSE:DE, XETRA:DCO), the American agricultural and construction equipment manufacturer, nudged 1.3% lower in pre-market trading on Thursday after the company reported a sharp drop in first-quarter net income despite raising its full-year profit forecast. Net income fell 25% year on year to $656 million, or $2.42 per share, as higher tariffs and an unfavourable sales mix weighed on profitability, even as total revenues rose 13% to $9.61 billion.
Deere (DE) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $3.19 per share a year ago.