NYSE:DE

Deere & Co. (DE)

577.33
+3.67 (0.64%)
as of Jun 9, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 9, 2026, 12:00 am

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

Deere & Co. faces mixed reviews from various experts, reflecting its highly cyclical nature tied to agricultural fortunes and commodity prices. While the company has shown resilience through earnings beats and profit margin improvements, concerns linger regarding future guidance and the broader agricultural market. Some experts prefer to focus on other sectors, such as infrastructure and railroads, suggesting limited immediate potential for Deere in comparison to competitors like Caterpillar. Additionally, while there are indications of a conducive future with potential growth rates of 10% in net sales from 2025 to 2030, challenges remain, especially regarding farmer spending habits and commodity price fluctuations. Thus, potential buyers are advised to be cautious and consider waiting for a more favorable market environment.

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Consensus
Cautious
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Valuation
Undervalued
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CAT, CAT
COMMENT
Likes agriculture but decided to go with nutrients (potash, nitrogen, ammonia, etc) rather than equipment manufacturers for now because nutrients are consumable. If there is a little more comfort and visibility on the macro look, and it has pulled back a little she would be interested.
PAST TOP PICK
(A Top Pick May 12/11. Down 15.99%.) Geared towards economically sensitive areas so it is suffering like most other cyclicals. Trading at about 9-10 times forward PE with a 15% growth rate. 80% of their revenues come from agriculture.
TOP PICK
Well-managed. About 80% of their revenues from agriculture and turf with 20% from construction and forestry. Have great opportunities in Russia and Europe. Russia is consolidating their smaller farms. 5 year dividend growth rate of 14%. High ROE. Trades at less than 10X earnings.
COMMENT
75% of their business is from turf and agriculturely based service and production. They have a lot of competition internationally. A lot of smaller and midsize companies in India, China and even Europe have adapted their business to get on the agri-business food shortage theme.
BUY ON WEAKNESS
One of the best agri stocks in the world. Ethical. Farm equipment frowth is going to be tremendous in 2012. 8% this past quarter, be predicts. 38% total return projected.
BUY
Likes it. Will do well over the next while. At a sweet spot. Farmers are making money and they like to invest in new equipment. Very positive on it. This is a real recovery in the stock and in the market.
TOP PICK
Long term secular growth area. Yields are increasing, farmers are doing well, and spending money on products that Deere makes.
DON'T BUY
Not bad. Has been running up against some technical resistance that it will have to get over it it's going to go any higher. Up in the higher end of its valuation range of the last 25 years in Price to Book terms. Has some long-term risks.
BUY
Only about 10 or 11 times next year’s earnings, great play on agriculture. As population grows and food needs increase, farmers are pressed to create more food.
COMMENT
$80 is a fairly straightforward looking resistance point and will probably sell off when it gets to that point. Not a tremendous amount of volume behind this. If you own, consider starting to pare back at $75.
WEAK BUY
About 2/3rds North America but slowly increasing exposure to emerging markets. Long-term play in Ag and descent. She prefers nutrient space. Deer has 15% revenues in forestry and construction, which has not recovered from recession. More cyclical than nutrient space.
COMMENT
Demand for Deere equipment on a worldwide basis, will be substantial. If you have a 3 year time horizon, by all means buy this. Whether you buy today or next week will depend on your short-term view of the market. (See Top Picks.)
BUY
A good opportunity to participate in an area that is prospering.
HOLD
Trading at a 12X forward multiple. Has very good growth ahead of it. Looking at what's happening globally in the agricultural market, the need for farm equipment continues to grow.
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.
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