Citi keeps USD 650 target for Deere & Co. stock. It trades 1.36 percent lower.
Published on 10/16/2026 at 09:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Citi maintained a USD 650.00 target and Hold rating on October 12, 2026.
- Fiscal third-quarter revenue rose 6.20 percent to USD 12.61 billion on August 20, 2026.
- Deere & Co. stock trades at EUR 580.00 at 9:19 a.m. CEST at Lang & Schwarz on October 16, 2026, minus 1.36 percent below the Xetra close of October 15, 2026.
Deere & Co. (ISIN US2441991054) was trading at EUR 580.00 at Lang & Schwarz at 9:19 a.m. CEST on October 16, 2026, down 1.36 percent versus EUR 588.00 on Xetra. The latest analyst signal came from Citi, which maintained a Hold rating and a USD 650.00 price target on October 12, 2026, according to Markets Insider.
Target stays below the latest quote
Citi's USD 650.00 target sits below the USD 684.00 equivalent of the euro quote using the current market relationship, so the note does not add a bullish price signal for German investors. JPMorgan had raised its Deere target from USD 585.00 to USD 625.00 while retaining a Neutral rating on October 8, 2026, as reported by MarketBeat.
What did the third quarter deliver?
Deere reported fiscal third-quarter revenue of USD 12.61 billion for the period ended August 2, 2026, up 6.20 percent from USD 11.78 billion a year earlier. Net income rose to USD 1.38 billion from USD 1.29 billion, while diluted earnings per share increased to USD 5.10 from USD 4.75, according to Markets Insider.
Three dates explain the setup
On August 20, 2026, Deere reported USD 12.61 billion in fiscal third-quarter revenue. On October 8, 2026, JPMorgan lifted its target to USD 625.00 from USD 585.00. On October 12, 2026, Citi kept its Hold rating and USD 650.00 target.
Upcoming dates carry the next test
The next dividend payment is scheduled for November 9, 2026, at USD 1.62 per share, while the next earnings date is November 25, 2026, according to Simply Wall St. Those dates give investors two concrete checkpoints for cash returns and the next reported operating trend.
Euro quote reflects a weaker morning
Deere & Co. stock was trading at EUR 580.00 at Lang & Schwarz on October 16, 2026 at 9:19 a.m. CEST, down 1.36 percent versus the Xetra close of October 15, 2026 at EUR 588.00. The primary listing is on the NYSE, where the stock closed at USD 650.38 on October 14, 2026.
The further course of trading is shown by the continuously updated real-time quote of Deere & Co. stock.
Deere & Co. stock facts
- Company: Deere & Company
- ISIN: US2441991054
- Ticker: DE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 9:19 a.m. CEST): EUR 580.00
- Change versus Xetra close: minus 1.36 percent
- Xetra close (October 15, 2026): EUR 588.00
- Market capitalization: USD 175.9 billion (as of October 8, 2026)
- 52-week range: USD 433.00-721.22 (as of October 8, 2026)
- Sector / Industry: Industrials / Agricultural Machinery
- Index membership: S&P 500
Market context: Market report S&P 500.
