Wall Street analyst estimates for Deere & Company (DE): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Deere & Company is a global manufacturer and distributor of a wide range of equipment. The company's operations are organized into four primary business segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
Consensus price target
$731.20 (+8 % vs price $675.48)
between $570.00 and $813.00 · 10 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $41.4B | $41.1B – $43.2B | $18.08 | 18 |
| 2027E | $45.0B | $43.1B – $49.1B | $22.66 | 18 |
| 2028E | $48.6B | $47.2B – $51.5B | $27.21 | 14 |
Fiscal year ending in November · figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 20 |
| Hold | 20 |
| Sell | 6 |
| Strong Sell | 0 |
| Total analysts | 46 |
| Avg rating (−2 sell to +2 buy) | 0.30 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-25 | $4.07 | ||
| 2026-08-20 | $5.10 | $4.69 | +8.7% |
| 2026-05-21 | $6.55 | $5.70 | +14.9% |
| 2026-02-19 | $2.42 | $2.02 | +19.8% |
| 2025-11-26 | $3.93 | $3.84 | +2.3% |
| 2025-08-14 | $4.75 | $4.57 | +3.9% |
| 2025-05-15 | $6.64 | $5.56 | +19.4% |
| 2025-02-13 | $3.19 | $3.11 | +2.6% |
Valuation Ratios
| P/E Ratio | 37.53 |
| Price / Book | 6.51 |
| EV / EBITDA | 20.29 |
| Dividend Yield | 0.96% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.90B | $28.62B | $36.46B | $38.38B | $34.72B | $43.03B | $51.28B | $60.25B | $50.52B | $44.66B |
| Cost of Revenue | $18.36B | $20.03B | $25.78B | $27.02B | $23.86B | $29.32B | $35.55B | $37.94B | $31.02B | $28.37B |
| Gross Profit | $7.54B | $8.58B | $10.68B | $11.36B | $10.86B | $13.71B | $15.73B | $22.31B | $19.50B | $16.30B |
| Research & Development | $1.39B | $1.37B | $1.66B | $1.78B | $1.64B | $1.59B | $1.91B | $2.18B | $2.29B | $2.31B |
| Selling, General & Admin | $2.79B | $3.13B | $3.47B | $3.48B | $3.45B | $3.20B | $3.65B | $4.31B | $4.51B | $4.24B |
| Operating Expenses | $5.30B | $5.65B | $6.30B | $6.53B | $6.49B | $6.05B | $6.70B | $7.71B | $8.07B | $7.88B |
| Operating Income | $2.24B | $2.93B | $4.38B | $4.83B | $4.37B | $7.66B | $9.03B | $14.59B | $11.43B | $8.42B |
| EBITDA | $4.55B | $5.77B | $7.20B | $7.57B | $7.25B | $10.64B | $12.08B | $17.48B | $14.67B | $11.66B |
| Interest Expense | $763.7M | $899.0M | $1.20B | $1.47B | $1.25B | $993.0M | $1.06B | $2.45B | $3.35B | $3.17B |
| Pre-tax Income | $2.22B | $3.13B | $4.10B | $4.11B | $3.83B | $7.62B | $9.14B | $13.03B | $9.18B | $6.26B |
| Income Tax | $700.1M | $971.0M | $1.73B | $852.0M | $1.08B | $1.66B | $2.01B | $2.87B | $2.09B | $1.26B |
| Net Income | $1.52B | $2.16B | $2.37B | $3.25B | $2.75B | $5.96B | $7.13B | $10.17B | $7.10B | $5.03B |
| EPS | $4.83 | $6.76 | $7.34 | $10.28 | $8.77 | $19.14 | $23.42 | $34.80 | $25.72 | $18.56 |
| EPS (Diluted) | $4.81 | $6.68 | $7.24 | $10.15 | $8.69 | $18.99 | $23.28 | $34.63 | $25.62 | $18.50 |
| Shares Outstanding (Diluted) | 316.6 M | 323.3 M | 327.3 M | 320.6 M | 316.6 M | 314.0 M | 306.3 M | 293.6 M | 277.1 M | 271.7 M |
Price
| Price | $675.48 (closing price, October 30, 2026) |
| Market Cap | $182.1B |
| Exchange | NYSE |
| Country | US |
Related companies: CAT · CNH · 0R2P.L · SPCX · RICO.L · GE · 0YSU.L · RTX
Explore sector: Industrials · Agricultural - Machinery
More sections of DE: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks