Deere & Company stock gains after Evercore ISI lifts price target

Published on 09/15/2026 at 15:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deere & Company stock rose after Evercore ISI upgraded the shares to Outperform on September 3, 2026 and raised its price target to USD 813.00. The stock closed at USD 681.63 on September 14, 2026, near its 52-week high of USD 705.05.

Aquarellillustration der Skyline von Moline Illinois am Mississippi mit Brücken — Deere & Co. Stadtpanorama Moline Illinois am Mississippi als Aquarell gemalt, ISIN US24419L1061 Firmensitz, Illustration mit AI erstellt.

Deere & Company stock (ISIN US24419L1061) is trading close to its recent highs after a notable analyst upgrade, with Evercore ISI lifting its price target to USD 813.00 on September 3, 2026 and turning more positive on the machinery group’s outlook according to Yahoo Finance.

Analyst upgrade and consensus targets

As Yahoo Finance reports, Evercore ISI Group upgraded Deere & Company on September 3, 2026 from In Line to Outperform and raised its price target from USD 632.00 to USD 813.00, marking an increase of USD 181.00 or 28.7 percent in its valuation for the stock.

The same analyst overview on Yahoo Finance indicates that covering analysts currently have an average target of USD 688.44 for Deere & Company shares, with a high target of USD 813.18 and a low of USD 500.00, showing that Evercore ISI now sits at the top end of the published range.

Based on data compiled by MarketBeat on September 15, 2026, Deere & Company carries a consensus rating of Moderate Buy from 25 analysts, with 17 rating the stock Buy and 8 recommending Hold and a consensus price target of USD 680.73.

Q3 fiscal 2026 results underpin the rally

Investor confidence has been supported by strong recent results. On August 20, 2026, Deere & Company reported fiscal third-quarter 2026 earnings per share of USD 5.10 on revenue of USD 12.61 billion, compared with analyst forecasts of EPS of USD 4.69 on revenue of USD 10.81 billion, meaning the company beat profit expectations by USD 0.41 per share and exceeded consensus revenue by USD 1.80 billion according to Investing.com.

As Yahoo Finance notes in a market commentary dated September 14, 2026, Deere & Company’s fiscal Q3 2026 results prompted the group to raise its full-year net income guidance to a range of USD 4.75 billion to USD 5.00 billion, giving investors a clearer view of earnings momentum into the remainder of the year.

The same article from Yahoo Finance highlights that Deere & Company stock is up 48 percent year to date as of September 14, 2026, reflecting how investors have rewarded the company for its earnings beats and guidance increases relative to some industrial peers.

Current price levels and 52-week range

Price data from the New York Stock Exchange show that Deere & Company shares closed at USD 681.63 on September 14, 2026, after trading between an intraday high of USD 687.84 and a low of USD 668.03 with volume of 43,888 shares, according to the historical prices table on Business Insider.

Over the last 52 weeks Deere & Company stock has traded between a low of USD 433.00 and a high of USD 705.05 per the same Business Insider quote overview, placing the latest closing price roughly in the upper portion of that range and indicating that the shares remain within sight of their 52-week high.

Real-time quote information on Yahoo Finance showed Deere & Company trading at USD 681.64 as of 10:40 a.m. Eastern time on September 14, 2026, up USD 5.90 or 0.87 percent intraday, which is broadly consistent with the prior close reported by Business Insider.

Valuation and investor takeaways

At the September 14, 2026 close of USD 681.63, Deere & Company’s share price stood only modestly below the average analyst target of USD 688.44 cited by Yahoo Finance, while the Evercore ISI target of USD 813.00 implies upside of about USD 131.37 or 19.3 percent from that closing level if the stock were to reach the firm’s objective.

Consensus figures compiled by MarketBeat suggest that the consensus price target of USD 680.73 is effectively in line with the latest price, meaning that further gains from here would rely on either earnings outperformance, higher guidance or additional upward revisions from analysts.

According to the analyst breakdown on MarketBeat, the majority of covering analysts remain constructive on the stock with a Buy or equivalent rating, but the presence of several Hold recommendations and a relatively flat consensus target underscores that some see the valuation as full after the strong year-to-date run.

Risks and sector context

In its commentary on industrial and machinery stocks, Yahoo Finance notes that Deere & Company’s share gains have outpaced Caterpillar’s performance year to date, helped by demand linked to infrastructure and data center projects, but it also highlights that cyclicality in construction and agricultural equipment orders remains a key risk factor for investors.

For shareholders, one of the central questions is whether Deere & Company can sustain mid-teens profit margins and its raised net income guidance in the face of potential slowdowns in farm spending or broader economic headwinds, given that cyclicality has historically led to pronounced swings in earnings and valuation for capital equipment manufacturers.

Stock price and market data

Deere & Company stock most recently closed at USD 681.63 on the New York Stock Exchange on September 14, 2026, compared with a 52-week range between USD 433.00 and USD 705.05 and with the shares up 48 percent year to date as of September 14, 2026, giving investors a snapshot of a stock that is trading near the top of its recent band and already reflecting substantial gains.