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Deere & Company (DE) Stock Forecast & Price Target

Deere & Company logo
$489.98 -5.81 (-1.17%)
Closing price 03:59 PM Eastern
Extended Trading
$488.94 -1.04 (-0.21%)
As of 07:57 PM Eastern
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Deere & Company - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
11
Buy
8

Based on 19 Wall Street analysts who have issued ratings for Deere & Company in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 11 have given a hold rating, and 8 have given a buy rating for DE.

Consensus Price Target

$454.65
-7.21% Downside
According to the 19 analysts' twelve-month price targets for Deere & Company, the average price target is $454.65. The highest price target for DE is $546.00, while the lowest price target for DE is $389.00. The average price target represents a forecasted downside of -7.21% from the current price of $489.98.
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DE Analyst Ratings Over Time

TypeCurrent Forecast
2/22/24 to 2/21/25
1 Month Ago
1/23/24 to 1/22/25
3 Months Ago
11/24/23 to 11/23/24
1 Year Ago
2/22/23 to 2/22/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
9 Buy rating(s)
Hold
11 Hold rating(s)
11 Hold rating(s)
13 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$454.65$442.83$431.61$428.58
Forecasted Upside-7.21% Downside-3.64% Downside-3.37% Downside20.12% Upside
Consensus Rating
Hold
Hold
Hold
Moderate Buy

DE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Deere & Company Stock vs. The Competition

TypeDeere & CompanyIndustrial Products CompaniesS&P 500
Consensus Rating Score
2.42
2.58
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside-6.97% Downside61.25% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent DE News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/19/2025Evercore ISI
2 of 5 stars
David Raso
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Boost TargetIn-Line ➝ In-Line$437.00 ➝ $455.00-10.05%
2/14/2025Citigroup
3 of 5 stars
Kyle Menges
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Boost TargetNeutral ➝ Neutral$430.00 ➝ $480.00+0.27%
2/14/2025Truist Financial
2 of 5 stars
Jamie Cook
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Reiterated RatingBuy ➝ Buy$550.00 ➝ $546.00+14.56%
2/10/2025JPMorgan Chase & Co.
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Tami Zakaria
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Boost TargetNeutral ➝ Neutral$470.00 ➝ $500.00+7.38%
1/28/2025Oppenheimer
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Kristen Owen
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Boost TargetOutperform ➝ Outperform$477.00 ➝ $507.00+4.73%
12/6/2024Jefferies Financial Group
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 DowngradeBuy ➝ Hold$510.00 ➝ $510.00+13.80%
11/25/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$401.00 ➝ $450.00+0.40%
11/22/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$404.00 ➝ $462.00+3.44%
11/22/2024Barclays
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 Boost TargetOverweight ➝ Overweight$400.00 ➝ $475.00+8.87%
8/19/2024Hsbc Global Res
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W. Brooks
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DowngradeStrong-Buy ➝ Hold
8/19/2024HSBC
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 DowngradeBuy ➝ Hold
8/16/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$400.00 ➝ $410.00+9.79%
8/9/2024BMO Capital Markets
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J. Jackson
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Initiated CoverageMarket Perform$400.00+14.57%
8/8/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$402.00 ➝ $389.00+11.46%
6/28/2024Raymond James
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 Initiated CoverageOutperform$420.00+11.49%
5/20/2024DA Davidson
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 Lower TargetBuy ➝ Buy$483.00 ➝ $465.00+18.29%
5/17/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$425.00 ➝ $450.00+14.09%
5/17/2024TD Cowen
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 Boost TargetHold ➝ Hold$383.00 ➝ $390.00-1.12%
5/15/2024Daiwa Capital Markets
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 Boost TargetOverweight ➝ Overweight$400.00 ➝ $420.00+1.41%
2/16/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$445.00 ➝ $425.00+17.37%
1/8/2024Melius Research
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 Reiterated RatingBuy ➝ Hold
11/27/2023Canaccord Genuity Group
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 Lower TargetHold ➝ Hold$400.00 ➝ $375.00+3.36%
8/21/2023Credit Suisse Group
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 Lower TargetOutperform ➝ Outperform$560.00 ➝ $551.00+38.78%
5/22/2023Robert W. Baird
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 Lower Target$512.00 ➝ $445.00+22.40%
5/15/2023Sanford C. Bernstein
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 Lower Target$398.00 ➝ $367.00-1.87%
2/21/2023Argus
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 Boost TargetBuy$475.00 ➝ $485.00+11.93%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:02 PM ET.


Should I Buy Deere & Company Stock? DE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, February 16, 2025. Please send any questions or comments about these Deere & Company pros and cons to contact@marketbeat.com.

Deere & Company
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Deere & Company:

  • Current stock price is $480.17, reflecting strong market performance and investor confidence.
  • Recent earnings report showed $3.19 earnings per share, exceeding the consensus estimate, indicating robust financial health.
  • Analysts have a consensus rating of "Hold" with a price target of $448.72, suggesting potential for stable returns.
  • Deere & Company recently increased its quarterly dividend to $1.62, representing a 1.35% yield, which is attractive for income-focused investors.
  • The company has a strong return on equity of 31.32%, demonstrating effective management and profitability.

Deere & Company
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Deere & Company for these reasons:

  • Jefferies Financial Group downgraded the stock from "buy" to "hold," indicating potential concerns about future growth.
  • The stock has a relatively high price-to-earnings ratio of 18.76, which may suggest it is overvalued compared to its earnings.
  • Market volatility is reflected in the stock's beta of 0.98, indicating it may not be as stable as other investments.
  • Despite a strong performance, the company has a debt-to-equity ratio of 1.89, which could raise concerns about financial leverage and risk.
  • Analysts have mixed ratings, with eleven holding and nine buying, suggesting uncertainty in market sentiment.

DE Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Deere & Company is $454.65, with a high forecast of $546.00 and a low forecast of $389.00.

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Deere & Company in the last twelve months. There are currently 11 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DE, but not buy additional shares or sell existing shares.

According to analysts, Deere & Company's stock has a predicted downside of -7.21% based on their 12-month stock forecasts.

Over the previous 90 days, Deere & Company's stock had 1 downgrade by analysts.

Deere & Company has been rated by research analysts at Citigroup, Evercore ISI, Jefferies Financial Group, JPMorgan Chase & Co., Morgan Stanley, Oppenheimer, and Truist Financial in the past 90 days.

Analysts like Deere & Company less than other "industrial products" companies. The consensus rating for Deere & Company is Hold while the average consensus rating for "industrial products" companies is Moderate Buy. Learn more on how DE compares to other companies.


This page (NYSE:DE) was last updated on 2/21/2025 by MarketBeat.com Staff
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