Royal Bank Of Canada Issues Positive Forecast for Deere & Company (NYSE:DE) Stock Price

Posted by on May 26th, 2026

Deere & Company (NYSE:DE – Get Free Report) had its target price raised by equities research analysts at Royal Bank Of Canada from $736.00 to $752.00 in a research report issued to clients and investors on Tuesday,MarketScreener reports. The firm presently has an “outperform” rating on the industrial products company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 41.32% from the stock’s current price.

Several other research analysts have also recently commented on DE. Jefferies Financial Group upgraded shares of Deere & Company from an “underperform” rating to a “hold” rating and set a $550.00 price target for the company in a report on Wednesday, April 8th. Barclays raised their price objective on shares of Deere & Company from $530.00 to $640.00 and gave the company an “overweight” rating in a report on Tuesday, March 31st. BMO Capital Markets lifted their price objective on shares of Deere & Company from $460.00 to $500.00 and gave the stock a “market perform” rating in a research report on Friday, February 20th. Morgan Stanley increased their target price on Deere & Company from $560.00 to $730.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. Finally, Sanford C. Bernstein increased their target price on Deere & Company from $521.00 to $615.00 and gave the company a “market perform” rating in a report on Friday, February 20th. Fifteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $639.83.

Get Our Latest Stock Report on Deere & Company

Deere & Company Price Performance

DE stock opened at $532.13 on Tuesday. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.18 and a quick ratio of 1.96. The firm has a market capitalization of $143.73 billion, a P/E ratio of 30.15, a P/E/G ratio of 1.85 and a beta of 0.96. The business’s 50-day moving average is $575.37 and its two-hundred day moving average is $540.79. Deere & Company has a 1 year low of $433.00 and a 1 year high of $674.19.

Deere & Company (NYSE:DE – Get Free Report) last announced its quarterly earnings data 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. Deere & Company had a return on equity of 18.25% and a net margin of 10.09%.The business had revenue of $11.78 billion during the quarter, compared to the consensus estimate of $11.55 billion. During the same period in the previous year, the company posted $6.64 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. Analysts anticipate that Deere & Company will post 18.05 earnings per share for the current fiscal year.

Institutional Trading of Deere & Company

Several institutional investors and hedge funds have recently bought and sold shares of DE. Strategic Advocates LLC acquired a new stake in Deere & Company during the 3rd quarter worth approximately $25,000. Key Capital Management INC acquired a new stake in shares of Deere & Company during the fourth quarter worth $27,000. Timmons Wealth Management LLC acquired a new stake in shares of Deere & Company during the fourth quarter worth $29,000. Activest Wealth Management grew its position in Deere & Company by 69.2% in the 3rd quarter. Activest Wealth Management now owns 66 shares of the industrial products company’s stock valued at $30,000 after buying an additional 27 shares during the last quarter. Finally, McIlrath & Eck LLC acquired a new position in Deere & Company in the 4th quarter valued at $30,000. Hedge funds and other institutional investors own 68.58% of the company’s stock.

Deere & Company Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Deere & Company (NYSE:DE)

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