Robert W. Baird Cuts Deere & Company (NYSE:DE) Price Target to $525.00

by · The Cerbat Gem

Deere & Company (NYSE:DE – Get Free Report) had its price objective dropped by equities research analysts at Robert W. Baird from $580.00 to $525.00 in a report issued on Friday,MarketScreener reports. The brokerage currently has a “neutral” rating on the industrial products company’s stock. Robert W. Baird’s target price indicates a potential downside of 0.99% from the stock’s previous close.

Several other equities analysts have also weighed in on DE. 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 research report on Tuesday, March 31st. Morgan Stanley boosted their target price on shares of Deere & Company from $560.00 to $730.00 and gave the stock an “overweight” rating in a research report on Monday, February 23rd. Argus raised their price target on shares of Deere & Company from $540.00 to $700.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. Citigroup reduced their price objective on shares of Deere & Company from $625.00 to $595.00 and set a “neutral” rating for the company in a research note on Friday. Finally, DA Davidson decreased their price objective on shares of Deere & Company from $775.00 to $685.00 and set a “buy” rating for the company in a report on Friday. Fifteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $643.98.

Check Out Our Latest Research Report on Deere & Company

Deere & Company Stock Performance

Shares of NYSE DE opened at $530.26 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 2.21 and a quick ratio of 1.96. Deere & Company has a one year low of $433.00 and a one year high of $674.19. The business’s 50-day moving average price is $577.80 and its two-hundred day moving average price is $539.87. The company has a market capitalization of $143.23 billion, a P/E ratio of 29.72, a price-to-earnings-growth ratio of 1.96 and a beta of 0.96.

Deere & Company (NYSE:DE – Get Free Report) last posted its quarterly earnings results on Thursday, May 21st. The industrial products company reported $6.55 earnings per share for the quarter, topping analysts’ consensus estimates of $5.70 by $0.85. The company had revenue of $11.78 billion during the quarter, compared to the consensus estimate of $11.55 billion. Deere & Company had a return on equity of 18.93% and a net margin of 10.29%.The business’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the business earned $6.64 EPS. Analysts anticipate that Deere & Company will post 18.01 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Compass Capital Management Inc. lifted its position in Deere & Company by 29.1% during the 1st quarter. Compass Capital Management Inc. now owns 19,652 shares of the industrial products company’s stock worth $11,070,000 after acquiring an additional 4,429 shares during the last quarter. J. Derek Lewis & Associates Inc. boosted its holdings in Deere & Company by 3.3% during the first quarter. J. Derek Lewis & Associates Inc. now owns 1,088 shares of the industrial products company’s stock valued at $613,000 after acquiring an additional 35 shares during the period. J. Mark Nickell & Co. acquired a new stake in shares of Deere & Company in the first quarter valued at about $229,000. SOA Wealth Advisors LLC. grew its position in shares of Deere & Company by 9.8% in the first quarter. SOA Wealth Advisors LLC. now owns 829 shares of the industrial products company’s stock valued at $467,000 after purchasing an additional 74 shares during the last quarter. Finally, Western Wealth Management LLC increased its stake in shares of Deere & Company by 31.6% in the first quarter. Western Wealth Management LLC now owns 1,771 shares of the industrial products company’s stock worth $997,000 after purchasing an additional 425 shares during the period. 68.58% of the stock is currently owned by institutional investors and hedge funds.

Key Deere & Company News

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

  • Positive Sentiment: Deere beat Q2 profit and sales estimates, helped by strong performance in construction & forestry and small ag/turf, which showed the business can still grow even as farm demand weakens.
  • Positive Sentiment: The company lifted its construction & forestry sales outlook to about 20% growth for FY2026, signaling continued strength in a segment that is partially offsetting agriculture weakness.
  • Neutral Sentiment: Deere maintained full-year net income guidance of $4.5 billion to $5.0 billion, which was reassuring but not enough to change the market’s view that the recovery in large agriculture may be slow.
  • Neutral Sentiment: Management’s commentary pointed to tariff-related headwinds and a one-time tariff refund benefit, which supported the quarter but does not represent a recurring earnings boost.
  • Negative Sentiment: Production & Precision Ag sales fell sharply year over year, underscoring the slump in Deere’s most important cyclical farm machinery business and raising concerns about farmer budgets and replacement demand.
  • Negative Sentiment: A new class-action lawsuit over right-to-repair practices could add legal and reputational risk around Deere’s aftermarket repair model and pricing power.

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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