Recently, Zacks.com users have been paying close attention to Deere (DE). This makes it worthwhile to examine what the stock has in store.
Deere (DE) reached $622.78 at the closing of the latest trading day, reflecting a -4.57% change compared to its last close.
The latest trading day saw Deere (DE) settling at $687, representing a +2.96% change from its previous close.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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.
The company is counting on quick answers and better data to attract more farmers to its smart equipment and reverse a sales slump.
Recently, Zacks.com users have been paying close attention to Deere (DE). This makes it worthwhile to examine what the stock has in store.
DE's Construction and Forestry segment posts strong gains as higher volumes and pricing support growth, while demand and technology adoption bolster its long-term outlook.
Deere & Company TodayDEDeere & Company$648.61 +1.14 (+0.18%) As of 08/21/2026 03:58 PM Eastern52-Week Range$433.00▼$674.19Dividend Yield1.00%P/E Ratio36.03Price Target$643.38Add to WatchlistDeere & Co. NYSE: DE stock is up over 9% after the company surprised analysts with a beat-and-raise quarter. For the company's Q3 of its fiscal year 2026 (FY2026), Deere delivered revenue of $12.61 billion, beating estimates of $10.81 billion.
UAW President Shawn Fain called the offer an effort to avoid the usual bargaining process.
Deere sees fiscal 2026 as the ag-cycle bottom, raises its profit and cash flow outlook, and points to firm construction demand and improving 2027 order trends.
Deere & Company shares are justified in their current elevated trading multiple of over 30x earnings, as sales continue to power higher. In reporting its Q3, the company reported continuing growth in its Construction Equipment business, and this offset the weakness in its largest business unit, the Production Agriculture segment. Following the release, DE shares continued higher, marching further towards the upper end of its 52-week range.