NYSE:DE

Deere & Co. (DE)

626.63
+13.39 (2.18%)
as of Jun 29, 2026, 8:00:00 pm Market Open.
55 watching
0
Investor Insights
star iconJun 29, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Deere & Co. (DE) has received mixed reviews from financial experts, highlighting its cyclical nature and strong ties to agricultural commodity prices. Some experts express hesitation due to external factors such as tariffs and fuel prices that could impact farmers' fortunes. Despite a solid earnings report in August and a raised net income forecast, concerns about disappointing 2026 guidance overshadowed the recent positive performance in sales. Experts suggest that, while the business itself is stable, alternative investments like CAT or companies in the broader infrastructure space may present better opportunities. There are indications that DE could recover as agriculture rebounds, but caution is advised in terms of timing and investment strategy.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
CAT, CAT
COMMENT
As long as farm income and grain prices stay high, this company will continue to do well. It will continue to be a good way to play the agricultural cycle.
PAST TOP PICK
(A Top Pick May 16/07. Up 42%.) The more farmers grow and the higher the price for the commodities, they will continue to buy new equipment. Metrics a year ago indicated that 90% of US farmers’ equipment was more than 5 years old. Very cheap. Still a Buy.
TOP PICK
Cautious on the market so his 3 top picks are deep value. This is a component of the agricultural industry. An enormous number of US farmers have equipment that is more than 5 years old. They now have money in their pocket and prospects for farm income is pretty good.
PAST TOP PICK
(A Top Pick Mar 2/07. Up 64%.) More than 25% of their business is outside of the US. Well positioned to take advantage of the ethanol and wheat positions. Also into forestry, mining and recreation.
TOP PICK
Very cheap. Farmers love to spend money on new equipment and with the projected increase in the farm income next year this should do well. Deere’s earnings have been very understated and it is early in the cycle.
PAST TOP PICK
(A Top Pick Mar 21/07. Up 62.5%.) Still buying for new accounts. Starting to look fully priced, but there would still be a 5% to 10% upside in the next 12 months.
COMMENT
This has been a phenomenal stock, riding the upsurge in farm incomes. This will probably continue into this year, but he is starting to get worried that at some point this agricultural boom will get overdone. Could be another bubble. Near-term is okay but be careful for the long-term.
BUY
(Market Call Minute.) Agricultural play. Has more room to run.
TOP PICK
Fits in with his macro view of the long-term agricultural cycle. Extraordinarily cheap relative to its long-term potential. Short of a cataclysmic change in the weather, there’s going to be a continuing growth in farmers’ income and they love to spend money when they have it. 25% of its business is export sales and 45% is products produced in other countries.
WATCH
Hanging in beautifully near its high and really looks undamaged in this correction. Keep this one on your short list. A strong area for several reasons such as the ethanol trend.
TOP PICK
This is related to the growth of farmers’ incomes, who tend to go out and spend money on new equipment. With the growth of their income this year, 08 and possibly into 09, he can see as much as $190 in the stock.
SELL
Has been hot. Built on the commodity cycle. Fears that this has become a momentum stock, where it should be treated as a cyclical.
TOP PICK
Tractor sales in Brazil are going through the roof. Farm incomes going through the roof. Rising demand for protein based foods form far east. Slight excess of pension surplus over obligations.
TOP PICK
Likes agricultural cycle going forward and we are currently in the 2nd or 3rd inning. Outlook for this relates to farmers income globally. Emerging markets are moving from rice-based diets to protein, which will increase demand globally. Will result in h
TOP PICK
Strong growth from demand for foodstuffs globally.
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