Deere & Company (NYSE:DE) Stock Price Target Raised at JPMorgan Chase & Co.

Posted by Geri Gentry on Oct 8th, 2026

Deere & Company (NYSE:DE – Get Free Report) had its price target lifted by equities researchers at JPMorgan Chase & Co. from $585.00 to $625.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price would suggest a potential downside of 4.22% from the stock’s current price.

DE has been the topic of several other reports. Citigroup boosted their price objective on shares of Deere & Company from $610.00 to $650.00 and gave the stock a “neutral” rating in a research note on Friday, August 21st. Weiss Ratings upgraded shares of Deere & Company from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, September 21st. Oppenheimer lifted their price target on Deere & Company from $680.00 to $685.00 and gave the stock an “outperform” rating in a report on Thursday, August 20th. Truist Financial lowered their price target on Deere & Company from $812.00 to $804.00 and set a “buy” rating on the stock in a research report on Monday, August 24th. Finally, Evercore upgraded Deere & Company from an “in-line” rating to an “outperform” rating and set a $813.00 price objective on the stock in a research note on Wednesday, September 2nd. Seventeen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Deere & Company currently has a consensus rating of “Moderate Buy” and an average target price of $688.10.

Check Out Our Latest Report on DE

Deere & Company Stock Down 0.7%

Shares of NYSE DE traded down $4.33 during trading hours on Thursday, hitting $652.54. The company had a trading volume of 1,387,225 shares, compared to its average volume of 1,365,457. The stock has a market capitalization of $175.94 billion, a P/E ratio of 36.25, a price-to-earnings-growth ratio of 2.50 and a beta of 0.86. The company has a quick ratio of 1.89, a current ratio of 2.10 and a debt-to-equity ratio of 1.45. Deere & Company has a 1-year low of $433.00 and a 1-year high of $721.22. The firm’s 50 day moving average is $653.35 and its 200-day moving average is $608.66.

Deere & Company (NYSE:DE – Get Free Report) last issued its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, topping analysts’ consensus estimates of $4.69 by $0.41. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The business had revenue of $12.61 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the previous year, the company earned $4.75 earnings per share. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, analysts expect that Deere & Company will post 18.12 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of DE. BlackRock Inc. bought a new position in Deere & Company during the 2nd quarter worth $11,763,504,000. Bank of America Corp DE bought a new stake in shares of Deere & Company in the second quarter valued at about $1,685,093,000. Bank of New York Mellon Corp bought a new stake in shares of Deere & Company in the second quarter valued at about $1,259,279,000. Legal & General Group Plc acquired a new position in shares of Deere & Company in the second quarter valued at about $957,456,000. Finally, Wellington Management Group LLP increased its position in Deere & Company by 84.3% during the second quarter. Wellington Management Group LLP now owns 3,088,628 shares of the industrial products company’s stock worth $1,959,209,000 after acquiring an additional 1,412,694 shares during the period. Institutional investors and hedge funds own 68.58% of the company’s stock.

Key Headlines Impacting Deere & Company

Here are the key news stories impacting Deere & Company this week:

Positive Sentiment: Evercore upgrade: Evercore ISI upgraded Deere to Outperform from In Line and set an $813 price target, indicating confidence in the company’s outlook and potential upside. Evercore ISI upgrades Deere & Company
Positive Sentiment: Yamaha collaboration: Deere and Yamaha Motor announced a collaboration on future side-by-side vehicles. The partnership could broaden Deere’s recreational and utility-vehicle offerings, although financial details and timing were not disclosed. Yamaha Motor and Deere collaboration
Neutral Sentiment: Long-term technology exposure: Deere continues to be cited as an agriculture-technology company with exposure to precision farming and smarter food-production systems. This supports its long-term growth narrative but is not a new earnings catalyst. AgTech and food innovation stocks
Negative Sentiment: Regulatory inquiry: The Federal Trade Commission and Department of Agriculture are seeking public information about possible barriers to purchasing, servicing and repairing agricultural equipment. The inquiry raises the risk of increased scrutiny, changes to business practices or future regulation across the sector. FTC and USDA farm-equipment inquiry
Negative Sentiment: Higher interest rates: A sharp rise in Treasury yields has pressured industrial stocks, particularly manufacturers of expensive equipment commonly purchased with financing. Higher borrowing costs may weaken equipment demand and increase financing pressure for Deere’s customers. Rising Treasury yields pressure industrial stocks

Deere & Company Company Profile

(Get Free Report)

Deere & Company, commonly known as John Deere, is a global manufacturer of agricultural, construction, forestry and turf-care equipment. The company’s products include tractors, combines, planters, sprayers, harvesting equipment, earthmoving machinery, forestry equipment, commercial and residential lawn-care products, and related technology solutions.

Deere operates through businesses serving production and precision agriculture, small agriculture and turf, and construction and forestry markets.