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 is rated Buy, viewed as undervalued, with strong AI-driven and cyclical tailwinds supporting double-digit growth and potential benchmark outperformance. DE posted its fifth consecutive double-beat, with small ag & turf and construction & forestry segments delivering 16% and 29% YoY sales growth, respectively. Management anticipates 15–20% sales growth in key segments and margin expansion, while share repurchases and debt reduction remain priorities.
Deere & Co. NYSE: DE delivered a Q2 2026 earnings report that didn't hide the ball. That transparency makes it easy to understand why DE dropped nearly 5% after the report's release.
The headline looked promising. Deere (NYSE: DE | DE Price Prediction) posted Q2 fiscal 2026 diluted EPS of $6.55, beating consensus estimates of $5.70 to $5.81, on revenue of $13.37 billion, up 5.0% year over year.
DE held its 2026 net income guide as tariffs stayed a drag, while Construction & Forestry strength and leaner ag inventories shape 2027 hopes.
Deere & Company NYSE: DE reported higher second-quarter sales and maintained its full-year profit outlook, as strength in construction equipment and Small Ag & Turf helped offset continued weakness in large agriculture markets.
DE beats Q2 earnings and sales estimates as Small Ag & Turf, and Construction & Forestry drive revenue growth despite weaker ag demand.
Deere & Company (NYSE:DE, XETRA:DCO) reported quarterly results that came in ahead of Wall Street expectations for both sales and profit, even as weakness in agricultural equipment demand continued to weigh on its core farm machinery business. For the fiscal second quarter ended May 3, the company posted earnings per share of $6.55, slightly below $6.64 in the same period a year earlier but above analyst expectations of $5.70.
Although the revenue and EPS for Deere (DE) give a sense of how its business performed in the quarter ended April 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Deere (DE) came out with quarterly earnings of $6.55 per share, beating the Zacks Consensus Estimate of $5.81 per share. This compares to earnings of $6.64 per share a year ago.
Deere posted higher fiscal second-quarter sales as growth in the company's construction equipment business helped to offset weakness in its production agriculture segment.
Deere & Co. is slated to report earnings ahead of the opening bell Thursday, with traders anticipating a big move in the farming and construction equipment maker's stock after the results.