Deere & Company stock gains on moderate buy consensus and strong 2026 earnings

Published on 09/11/2026 at 17:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deere & Company stock closed at USD 677.94 on September 10, 2026, near analysts’ consensus price target of USD 680.73. The company reported earnings of USD 5.10 per share for its latest quarter, beating the consensus estimate of USD 4.79 per share.

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) closed at USD 677.94 on the New York Stock Exchange on September 10, 2026, putting the shares almost exactly in line with the current Wall Street consensus price target of USD 680.73 for the machinery group.

Analysts see moderate upside for Deere & Company stock

According to MarketBeat on September 11, 2026, Deere & Company stock carries a consensus rating of Moderate Buy, based on 16 buy recommendations and 8 hold ratings from covering analysts, and the average price target stands at USD 680.73.

The same consensus picture is reflected in a broader overview from MarketBeat, which notes that Deere & Company’s rating score of 2.67 also translates into a Moderate Buy view and that the consensus target of USD 680.73 implies only limited near-term upside or downside versus the latest share price.

A more cautious tone comes from individual houses: as The Globe and Mail reported on September 11, 2026, Stifel Nicolaus maintained a Hold rating on Deere & Company shares and set a price target of USD 640.00, below the broader consensus and roughly USD 37.94 under the latest close.

Earnings beat underpins Deere & Company stock

Recent earnings are a key support for the Deere & Company investment case: according to the earnings overview from Zacks, the company most recently reported earnings of USD 5.10 per share for its latest quarter, compared with a Zacks Consensus Estimate of USD 4.79 per share, delivering a positive surprise of USD 0.31 per share.

The same Zacks overview shows the stock at USD 677.94 as of September 10, 2026, meaning the shares are trading just USD 3.16 below the consensus target of USD 680.73 and about USD 37.94 above the Stifel Nicolaus target of USD 640.00, underscoring how closely the current market price tracks analyst expectations.

In terms of longer-term performance, MarketBeat highlights that Deere & Company stock was trading at USD 465.73 at the beginning of 2026 and has since risen to USD 677.68 by the close on September 10, 2026, representing a gain of approximately 45.5 percent year to date.

Valuation, 52-week range and market capitalization

On the valuation side, Deere & Company is trading at a price-to-earnings ratio of 37.65 based on the latest data compiled by MarketBeat, and the stock offers a dividend yield of 0.96 percent, positioning it as a growth-oriented name with a modest income component.

The same source shows a market capitalization of USD 182.72 billion for Deere & Company as of the close on September 10, 2026, while a separate snapshot from CompaniesMarketCap reports a very similar figure of USD 182.78 billion as of September 2026, illustrating how the company’s equity value has expanded alongside the strong share-price performance.

Looking at the trading range, MarketBeat cites a 52-week low of USD 433.00 and a 52-week high of USD 705.88 for Deere & Company stock, meaning the latest close of USD 677.68 on September 10, 2026, places the shares roughly USD 244.68 above the low and USD 28.20 below the high within that period.

Debt funding adds to Deere financial flexibility

Beyond equity-market metrics, Deere is also active in the debt markets: as Kalkine Media reported on September 10, 2026, Deere John Capital Corp. launched USD 400 million of floating-rate senior notes due September 11, 2028, issued at 100.000 percent of par, a move that should help fund customer financing and other capital needs at predictable terms.

For equity investors, the issuance of USD 400 million in floating-rate notes is a reminder that Deere & Company uses a combination of equity and debt to support its global equipment and financial services operations, and the ability to place such instruments at par reflects continued confidence from bond investors in the group’s credit quality.

Stock price level and trading data

Per Nasdaq-linked data cited by Zacks, Deere & Company stock closed at USD 677.94 on the New York Stock Exchange on September 10, 2026, with a daily gain of 0.11 percent and a reported trading volume of 1,172,998 shares.

In extended trading after the close, the same Zacks overview shows the shares marginally lower at USD 677.90 on September 10, 2026, indicating that the modest advance during the regular session was largely maintained into after-hours dealings.

Deere & Company stock at a glance

As of the latest completed trading day on September 10, 2026, Deere & Company stock is quoted at USD 677.94 on the New York Stock Exchange, less than one percent below the consensus analyst price target of USD 680.73 and within roughly four percent of its 52-week high of USD 705.88, while year-to-date performance stands at about 45.5 percent from a starting level of USD 465.73.