NYSE:DE

Deere & Co. (DE)

584.97
-1.03 (0.18%)
as of Jul 21, 2026, 1:57:00 pm Market Open.
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Investor Insights
star iconJul 21, 2026, 12:00 am

This summary was created by AI, based on 6 opinions in the last 12 months.

Deere & Co. (DE) has received mixed reviews from experts recently. While one analyst notes a 31% increase over the past six months and potential for continued momentum, others express hesitance due to the cyclical nature of the agricultural sector, which is heavily influenced by factors such as commodity prices and government support. Some experts believe that CAT presents a slightly better investment opportunity, citing its recent performance compared to Deere's. Despite a solid earnings report and an optimistic long-term growth forecast, concerns over disappointing guidance for 2026 have led some to approach the stock with caution. Overall, the outlook remains cautiously optimistic, with potential buying opportunities at lower prices post-earnings.

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Consensus
Neutral
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Valuation
Fair Value
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Similar
Caterpillar, CAT
WAIT
Chart does not look good. The decline from the top. Difficult resistance from $98 level. It declined past the $84 level. We could see $78 on this if it continues, so that is a support level. IF it goes above $86, buy it.
TOP PICK
Has about 20% in construction but most revenues come from agriculture. Longer term will benefit from global trends of population and income growth in emerging markets. Trading at about 14X forward earnings with mid-teens expected growth.
COMMENT
Good company and has done well and in the sweet spot of the cycle. Very concentrated in the US which gives him worries. Prefers Caterpillar (CAT-N).
BUY
Solid blue chip company. Long-term competition is going to come out of China. Will move with corn and wheat prices. If market has a tumble in the second half, it could come down with it.
BUY
Likes it. It is an extension of the agriculture sector. One of the few companies that are devoted to the farm equipment space. Descent earnings growth longer term.
COMMENT
Has been a good company and at the sweet spot with food and commodity inflation. Farmers have the ability to Buy the equipment now. About 50%-60% of their business is domestic.
BUY
Caterpillar (CAT-N) or Deere (DE-N)? Caterpillar has about 70% foreign exposure and Deere has about 40%-45%. Deere relies on farmers to be able to afford equipment. Deere is good and trades at a good multiple, a couple of points higher than Caterpillar. (Prefers Caterpillar.)
BUY
Likes it in the short term. Farm income is now projected to be up 5%, which will increase farmers to spend. Emerging markets are going to have to feed their people, which will encourage all kinds of agricultural activity.
BUY
There is an effort to build a huge pipeline for ethanol in Nebraska, which will mean a lot of farmers growing crops for ethanol and buying farm equipment.
DON'T BUY
This is more for a late cycle in agriculture. At 19.5X earnings is not keen on it right now.
PAST TOP PICK
(A Top Pick Sept 4/08. Down 31%.) Weight per bushel of corn was down so farmers’ incomes were down. There is an anticipated decline in farm income of 12.4%.
DON'T BUY
Not a fan of Caterpillar (CAT-N) or Deere (DE-N) because of balance sheet leverages but are also tied to global construction demand, a cyclical recovery. Both of gotten ahead of themselves recently.
DON'T BUY
(Market Call Minute.) Looking at the analysts’ earnings forecast (his Fair Market Value) it has been plunging. FMV is about $52.
PAST TOP PICK
(A Top Pick Aug 5/08. Down 30.84%.) Sold last fall when markets were in the tank. Farmers are going to have to feel more comfortable with 1) outlook for crops, 2) pricing and 3) their income. If you are going to Buy a position, take a small one after they report on Aug 19 and be prepared to wait a bit.
BUY
Tied to the resurgence in the overall economy. Their agricultural business is going to be tied to a growth in the international markets. Until the inventory equipment is drawn down there will be demand for new products. For a 3-year time horizon you could Buy or Hold.
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