Deere & Company stock reports 5 percent fiscal Q3 revenue growth
Published on 09/30/2026 at 12:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Deere & Company stock (ISIN US2441991054) was trading at EUR 596.80 at Lang & Schwarz on September 30, 2026, at 11:52 a.m. CEST. The latest fiscal third-quarter report showed revenue growth, while Bank of America raised its price target to USD 715.00.
Fiscal Q3 delivers a clear comparison
Deere's worldwide net sales and revenues rose 5 percent to USD 12.608 billion in the quarter ended August 2, 2026, while net income attributable to Deere & Company reached USD 1.379 billion. HPJ reported that the prior-year quarter produced net income of USD 1.289 billion, or USD 4.75 per share, giving the latest result a direct year-over-year comparison.
The quarterly EPS figure was USD 5.10, versus a USD 4.69 consensus estimate. Revenue also exceeded the USD 10.81 billion estimate cited in the same report, making the earnings comparison more important than the headline sales growth alone.
Analyst target moves above consensus
MarketBeat reported on September 24, 2026, that Bank of America lifted its Deere target from USD 667.00 to USD 715.00. The report also put the average analyst target at USD 686.10, so the new Bank of America view sits USD 28.90 above that average.
The report described Deere as a company navigating a cyclical agricultural equipment market. Its fiscal 2026 net income outlook stood at USD 4.75 billion to USD 5.00 billion, while the nine-month net income total was USD 3.808 billion, compared with USD 3.962 billion in the prior-year period, according to HPJ.
Stock valuation leaves room for debate
Deere's market capitalization was USD 183.7 billion as of September 29, 2026. The 52-week range was USD 433.00 to USD 721.22, placing the NYSE-listed stock near the upper end of its annual range even as the latest quarterly numbers showed mixed performance across the agricultural cycle.
For investors, the key tension is visible in the figures: quarterly revenue and EPS exceeded consensus, but nine-month net income remained below the prior-year total. The USD 715.00 target from Bank of America therefore represents a more constructive view of the recovery path than the average target of USD 686.10.
Deere stock price at Lang & Schwarz
Deere & Company stock was trading at EUR 596.80 at Lang & Schwarz on September 30, 2026, at 11:52 a.m. CEST. The quote had no valid prior-close comparison in the same euro data set, so the article uses the dated intraday price without a percentage change.
Deere & Company stock facts
- Company: Deere & Company
- ISIN: US2441991054
- Ticker: DE
- Primary exchange: NYSE
- Price Lang & Schwarz as of September 30, 2026, 11:52 a.m. CEST: EUR 596.80
- Market capitalization: USD 183.7 billion as of September 29, 2026
- 52-week range: USD 433.00-721.22 as of September 29, 2026
- Sector / Industry: Industrials / Agricultural Machinery
