Deere (DE) Stock

Deere (DE) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Deere is considered a great investment, with a cautious target price of $600, thanks to better profitability and a shift in the agricultural market. In the past, the best times to buy DE shares have been when corn and soybean prices are low, as the market tends to recover. Additionally, Deere's focus on new technologies and quick reactions to industry challenges have boosted profit margins, supporting higher valuations for the upcoming agricultural cycle.

Deere (DE) finished the last trading day at $478.77, which is an increase of 0.85% compared to the day before.

Our Zacks Earnings ESP makes it simpler to identify stocks that are likely to exceed quarterly earnings predictions.

At the end of the last trading day, Deere (DE) was priced at $410, which represents a decrease of 0.79% compared to the day before.

Users of Zacks.com have been paying a lot of attention to Deere (DE) lately. Therefore, it's important to understand the key information that could influence the stock's future.

Lately, users of Zacks.com have been focusing on Deere (DE). This interest prompts a closer look at what the stock might offer.

Deere is experiencing a drop in sales because of low crop prices, but its strong profit margins and effective operations justify a 'Buy' rating. Even though the outlook for 2025 seems tough, the company's improvements and ability to generate cash put it in a good position for a possible market recovery. Additionally, its long-term growth is supported by advancements in precision agriculture and possible gains from infrastructure investments.

This Industry Outlook article features Deere, AGCO, Lindsay, CNH Industrial, and Kubota.