Deere (DE)
NYSE:DE

Deere (DE) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

DE Analyst Ratings

Moderate Buy
17Ratings
11 Buy
6 Hold
0 Sell
Based on 17 analysts giving stock ratings to
Deere
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

DE Stock 12 Months Forecast

Average Price Target

$473.00
▲(6.64% Upside)
Based on 17 Wall Street analysts offering 12 month price targets for Deere in the last 3 months. The average price target is $473.00 with a high forecast of $582.00 and a low forecast of $342.00. The average price target represents a 6.64% change from the last price of $443.53.
Highest Price Target$582.00Average Price Target$473.00Lowest Price Target$342.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Morgan Stanley
$522.00
Buy
17.69%
Upside
Reiterated
Morgan Stanley Maintains Overweight on Deere, Raises Price Target to $522
J.P. Morgan
$440.00
Hold
-0.80%
Downside
Reiterated
Deere To Jump Over 33%? These Analysts Boost Price Targets On The Agricultural Equipment Manufacturer Following Q4 ResultsJP Morgan boosted Deere price target from $415 to $440. JP Morgan analyst Tami Zakaria maintained a Neutral rating on the stock.
UBS
$452.00
Hold
1.91%
Upside
Reiterated
Deere To Jump Over 33%? These Analysts Boost Price Targets On The Agricultural Equipment Manufacturer Following Q4 ResultsUBS raised the price target on the stock from $374 to $452. UBS analyst Steven Fisher maintained a Neutral rating on the stock.
Robert W. Baird
$470.00
Buy
5.97%
Upside
Reiterated
Deere price target raised to $470 from $406 at BairdBaird analyst Mircea Dobre raised the firms price target on Deere to $470 from $406 and keeps an Outperform rating on the shares after the company reported "a healthy operating beat" to close out FY22 and gave FY23 guidance above consensus and the firms estimates. Deeres pricing power is "a key differentiator allowing for sustained margin expansion" and EPS growth and even though he takes a more cautious view on Small Ag, Turf and Construction demand in FY23, he remains bullish on large Ag, growing price tailwinds and the longer-term precision/autonomy opportunity, Dobre tells investors.
Oppenheimer
$492.00
Buy
10.93%
Upside
Reiterated
Deere price target raised to $492 from $415 at OppenheimerDeere price target raised to $492 from $415 at Oppenheimer
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DE Financial Forecast

DE Earnings Forecast
Next quarter’s earnings estimate for DE is $5.52 with a range of $4.72 to $6.14. The previous quarter’s EPS was $7.44. DE beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.81% of the time in the same period. In the last calendar year DE has Outperformed its overall industry.
Next quarter’s earnings estimate for DE is $5.52 with a range of $4.72 to $6.14. The previous quarter’s EPS was $7.44. DE beat its EPS estimate 75.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.81% of the time in the same period. In the last calendar year DE has Outperformed its overall industry.
DE Sales Forecast
Next quarter’s sales forecast for DE is $11.42B with a range of $10.70B to $12.49B. The previous quarter’s sales results were $15.54B. DE beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 71.97% of the time in the same period. In the last calendar year DE has Outperformed its overall industry.
Next quarter’s sales forecast for DE is $11.42B with a range of $10.70B to $12.49B. The previous quarter’s sales results were $15.54B. DE beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 71.97% of the time in the same period. In the last calendar year DE has Outperformed its overall industry.
DE Analyst Recommendation Trends
In the current month, DE has received 1 Buy ratings 0 Hold ratings, and 0 Sell ratings. The DE average analyst price target in the past 3 months is $473.00
In the current month, DE has received 1 Buy ratings 0 Hold ratings, and 0 Sell ratings. The DE average analyst price target in the past 3 months is $473.00

DE Stock Forecast FAQ

What is DE’s average 12-month price target, according to analysts?
Based on analyst ratings, Deere’s 12-month average price target is $473.00.
    What is DE’s upside potential, based on the analysts’ average price target?
    Deere has 6.64% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is DE a Buy, Sell or Hold?
          Deere has a conensus rating of Moderate Buy which is based on 11 buy ratings, 6 hold ratings and 0 sell ratings.
            What is Deere’s price target?
            The average price target for Deere is $473.00. This is based on 17 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $582.00 ,the lowest forecast is $342.00. The average price target represents 6.64% Increase from the current price of $443.53.
              What do analysts say about Deere?
              Deere’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 17 Wall Streets Analysts.

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