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NYSE: DE
Deere & Co Stock Forecast, Predictions & Price Target

Analyst price target for DE

Based on 11 analysts offering 12 month price targets for Deere & Co.
Min Forecast
$375.00-5.55%
Avg Forecast
$421.55+6.18%
Max Forecast
$494.00+24.43%

Should I buy or sell DE stock?

Based on 11 analysts offering ratings for Deere & Co.
Buy
Strong Buy
5 analysts 45.45%
Buy
1 analysts 9.09%
Hold
5 analysts 45.45%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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DE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-03-14Find Out Why
Evercore ISI Group
Top 17%
84
HoldMaintains$387.00-2.52%2024-02-20
Deutsche Bank
Top 4%
97
HoldMaintains$401.00+1.00%2024-02-16
Wells Fargo
Top 16%
85
Strong BuyMaintains$425.00+7.05%2024-02-16
Citigroup
Top 7%
94
Strong BuyMaintains$435.00+9.57%2024-02-16
Morgan Stanley
Bottom 8%
8
Strong BuyInitiates Coverage On$430.00+8.31%2024-01-08

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Forecast return on equity

Is DE forecast to generate an efficient return?
Company
N/A
Industry
42.66%
Market
34.27%

Forecast return on assets

Is DE forecast to generate an efficient return on assets?
Company
N/A
Industry
8.99%

DE revenue forecast

What is DE's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$46.6B-23.29%
Avg 2 year Forecast
$45.8B-24.61%
Avg 3 year Forecast
$48.0B-21.09%
DE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

DE earnings growth forecast

How is DE forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?
Company
-27.04%
Industry
-8.3%
Market
18.21%
DE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
DE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
DE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

DE revenue growth forecast

How is DE forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?
Company
-8.02%
Industry
-1.49%
Market
9.95%
DE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DE vs Agriculture Stocks

TickerPricePrice TargetUp/downsideConsensus
DE$397.02$421.55+6.18%Buy
PCAR$106.00$118.71+11.99%Buy
CAT$356.27$338.17-5.08%Buy
CNHI$11.45$14.43+26.00%Buy
AGCO$110.02$143.00+29.98%Strong Buy

Deere & Co Stock Forecast FAQ

Is Deere & Co Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: DE) stock is to Buy DE stock.

Out of 11 analysts, 5 (45.45%) are recommending DE as a Strong Buy, 1 (9.09%) are recommending DE as a Buy, 5 (45.45%) are recommending DE as a Hold, 0 (0%) are recommending DE as a Sell, and 0 (0%) are recommending DE as a Strong Sell.

If you're new to stock investing, here's how to buy Deere & Co stock.

What is DE's revenue growth forecast for 2024-2026?

(NYSE: DE) Deere & Co's forecast annual revenue growth rate of -8.02% is not forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast revenue growth rate of -1.49%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.95%.

Deere & Co's revenue in 2024 is $60,785,000,000.On average, 10 Wall Street analysts forecast DE's revenue for 2024 to be $12,979,826,909,166, with the lowest DE revenue forecast at $12,606,564,972,690, and the highest DE revenue forecast at $13,169,725,385,252. On average, 10 Wall Street analysts forecast DE's revenue for 2025 to be $12,755,212,710,561, with the lowest DE revenue forecast at $12,068,776,910,970, and the highest DE revenue forecast at $14,016,727,664,550.

In 2026, DE is forecast to generate $13,351,125,028,470 in revenue, with the lowest revenue forecast at $12,743,238,853,800 and the highest revenue forecast at $15,189,172,445,070.

What is DE's forecast return on assets (ROA) for 2024-2027?

(NYSE: DE) forecast ROA is N/A, which is lower than the forecast US Farm & Heavy Construction Machinery industry average of 8.99%.

What is DE's Price Target?

According to 11 Wall Street analysts that have issued a 1 year DE price target, the average DE price target is $421.55, with the highest DE stock price forecast at $494.00 and the lowest DE stock price forecast at $375.00.

On average, Wall Street analysts predict that Deere & Co's share price could reach $421.55 by May 17, 2025. The average Deere & Co stock price prediction forecasts a potential upside of 6.18% from the current DE share price of $397.02.

What is DE's forecast return on equity (ROE) for 2024-2027?

(NYSE: DE) forecast ROE is N/A, which is considered weak.
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