Deere & Co. stock gains on analyst upgrade and solid quarterly figures

Published on 09/04/2026 at 16:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deere & Co. stock is trading near its 52-week high as investors digest strong quarterly earnings and a fresh analyst upgrade that slightly lifts the consensus view on the industrial group.

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Deere & Co. stock (ISIN US24419L1061) is trading at around USD 694.00 as of September 4, 2026, keeping close to its 52-week high of USD 705.88 according to market data compiled by MarketBeat.

Analyst upgrade supports valuation

A recent analyst move has added support to Deere & Co. stock, with Evercore ISI upgrading its view on the shares and pointing to a price target that is only modestly below the current level, as reported by Fintel on September 4, 2026.

According to MarketBeat data cited on September 4, 2026, the broader analyst community currently assigns Deere & Co. a consensus rating of Moderate Buy, with an average price target of USD 680.73, only slightly below the latest price near USD 694.00, signaling that the stock is trading about USD 13.27 above the consensus target.

Earnings and dividend figures underpin the story

Beyond the rating changes, investors are still working through the latest reported figures from Deere & Co. In the most recent quarterly report, covering the period ended in the current fiscal year and released on August 20, 2026, the company posted earnings per share of USD 5.10, beating analyst expectations of USD 4.69 by USD 0.41, as summarized by MarketBeat. Revenue in that quarter reached USD 12.61 billion versus a consensus estimate of USD 10.81 billion, meaning Deere & Co. outperformed expectations by USD 1.80 billion on the top line.

That revenue performance also came with year-over-year growth. MarketBeat data indicate that Deere & Co.’s quarterly revenue was up 6.2 percent compared with the same period a year earlier, showing that the company is not only beating forecasts but also expanding its business at a mid-single-digit pace.

The profitability profile remains noteworthy for investors. In the latest quarter, Deere & Co. recorded a net margin of 10.16 percent and a return on equity of 18.10 percent, underlining that the company is generating solid returns on the capital employed in its equipment and solutions operations.

On the shareholder-return side, Deere & Co. has communicated a quarterly dividend of USD 1.62 per share, which translates into an annualized dividend of USD 6.48 and an indicated yield around 0.9 percent at the current share price level, according to the MarketBeat overview dated September 4, 2026.

Go deeper

More on Deere & Co. stock and filings

For additional regulatory filings, historical performance and related news on Deere & Co. stock, the thematic overview at ad-hoc-news.de offers a compact entry point.

More articles on this ISIN Investor Relations

Equipment segment and flagship tractors

For many retail investors, the appeal of Deere & Co. lies in the concrete products behind the numbers. The company’s flagship large agricultural tractors, marketed under the John Deere brand, play a central role in its Production and Precision Agriculture segment by enabling farmers to manage large fields efficiently and increasingly with data-driven technology.

These machines form a core part of the revenue base that underpins the latest quarterly figures. Precision features such as GPS-guided steering and variable-rate application systems are designed to improve yields and reduce input costs, and they help explain why Deere & Co. continues to grow revenue at a measured but steady pace while maintaining double-digit margins in its equipment business.

Stock trades near the upper end of its range

From a pure market perspective, Deere & Co. stock is currently positioned near the top of its 52-week trading range. MarketBeat data on September 4, 2026 show a one-year low of USD 433.00 and a one-year high of USD 705.88, placing the latest price of USD 694.00 close to the upper band and clearly above the midpoint of the range.

With that level and the indicated dividend yield of around 0.9 percent, investors are effectively paying for growth and earnings strength rather than high current income. The combination of solid recent earnings beats, moderate revenue growth and an analyst consensus that still classifies the shares as a Moderate Buy suggests that Deere & Co. stock remains supported by fundamental arguments even as it trades close to a 52-week high.