Deere & Co. (DE-N)
NYSE:DE
459.13
14.94
(3.36%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 10 opinions in the last 12 months.
Deere & Co. (DE-N) is in a complex situation according to various experts. While some analysts express concerns over expected weak quarterly results due to declining farmer incomes, others maintain a bullish outlook, citing the potential for price crops to increase and the company’s strategic inventory control. Stockchase Research has reiterated DE as a top pick, with recommendations to adjust stop-loss levels and indications of significant upside potential against analysts' price targets. Recent trends suggest a trading range between $340 and $430, with the stock currently recovering from a recent downturn and showing signs of a bounce. The company's focus on innovation through substantial investments in research further solidifies its position in the agricultural sector, despite facing some pressures from commodity prices and interest rates.
Looking back 2-3 years, bounces back and forth between $340 and $430. Recent downswing from April-July, finding support around $350. However, started to bounce over last 2 days, encouraging. First resistance $410-415, next at $430-435, with the $400 round number in between. Trading upswing within a long-term trading range.
In a time of growing global agricultural demand, DE is well positioned. It has invested $2.2 billion into research for innovations that allow farmers to reduce input costs and their environmental footprint. It trades at 15x earnings and supports a robust 41% ROE. We recommend setting a stop-loss at $320, looking to achieve $425 -- upside potential of 60%. Yield 1.5%
(Analysts’ price target is $425.94)
Deere & Co.(DE-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 7
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 9
Deere & Co.(DE-N) Frequently Asked Questions
What is Deere & Co. stock symbol?
Deere & Co. is a American stock, trading under the symbol DE-N on the New York Stock Exchange (DE). It is usually referred to as NYSE:DE or DE-N
Is Deere & Co. a buy or a sell?
In the last year, 9 stock analysts published opinions about DE-N. 7 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Deere & Co..
Is Deere & Co. a good investment or a top pick?
Deere & Co. was recommended as a Top Pick by on . Read the latest stock experts ratings for Deere & Co..
Why is Deere & Co. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Deere & Co. worth watching?
9 stock analysts on Stockchase covered Deere & Co. In the last year. It is a trending stock that is worth watching.
What is Deere & Co. stock price?
On 2025-04-11, Deere & Co. (DE-N) stock closed at a price of $459.13.
Our PAST TOP PICK with DE has triggered its stop at $441. To remain disciplined, we recommend covering the position at this time.