Deere & Company (NYSE:DE) Price Target Cut to $570.00 by Analysts at JPMorgan Chase & Co.

Posted by Stanley Muller on Aug 15th, 2026

Deere & Company (NYSE:DE – Free Report) had its price target cut by JPMorgan Chase & Co. from $590.00 to $570.00 in a report published on Friday,Benzinga reports. They currently have a neutral rating on the industrial products company’s stock.

A number of other analysts also recently issued reports on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $752.00 price target on shares of Deere & Company in a report on Monday, June 1st. Raymond James Financial dropped their price objective on Deere & Company from $765.00 to $700.00 and set an “outperform” rating on the stock in a report on Friday, May 22nd. Truist Financial raised their target price on Deere & Company from $759.00 to $812.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Robert W. Baird decreased their target price on Deere & Company from $580.00 to $525.00 and set a “neutral” rating for the company in a research note on Friday, May 22nd. Finally, Bank of America lowered their price target on Deere & Company from $672.00 to $607.50 and set a “neutral” rating for the company in a report on Friday, May 22nd. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $641.98.

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Deere & Company Price Performance

Shares of DE opened at $608.73 on Friday. Deere & Company has a twelve month low of $433.00 and a twelve month high of $674.19. The firm’s fifty day simple moving average is $603.23 and its 200-day simple moving average is $587.77. The firm has a market capitalization of $164.32 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 2.59 and a beta of 0.90. The company has a current ratio of 2.18, a quick ratio of 1.95 and a debt-to-equity ratio of 1.54.

Deere & Company (NYSE:DE – Get Free Report) last issued its earnings results on Thursday, May 21st. The industrial products company reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. The firm had revenue of $13.37 billion during the quarter, compared to the consensus estimate of $11.55 billion. Deere & Company had a net margin of 10.09% and a return on equity of 18.25%. The company’s revenue was up 5.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $6.64 earnings per share. Equities analysts forecast that Deere & Company will post 18.26 EPS for the current fiscal year.

Deere & Company Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 10th. Investors of record on Tuesday, June 30th were given a $1.62 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $6.48 annualized dividend and a yield of 1.1%. Deere & Company’s dividend payout ratio is 36.71%.

Institutional Investors Weigh In On Deere & Company

Hedge funds have recently made changes to their positions in the business. Key Capital Management INC purchased a new stake in Deere & Company during the 4th quarter valued at approximately $27,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Deere & Company in the 2nd quarter valued at approximately $27,000. Kilter Group LLC purchased a new position in shares of Deere & Company in the 2nd quarter valued at approximately $29,000. Timmons Wealth Management LLC acquired a new position in shares of Deere & Company in the fourth quarter valued at approximately $29,000. Finally, McIlrath & Eck LLC purchased a new stake in shares of Deere & Company during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 68.58% of the company’s stock.

About Deere & Company

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Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.

The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.