Deere & Company stock rises 2.96 percent after results
Published on 10/03/2026 at 21:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Deere & Company stock (ISIN US2441991054) closed at USD 687.00 on the NYSE on October 2, 2026, gaining 2.96 percent from the prior session. The move followed fiscal third-quarter figures that combined 4.9 percent revenue growth with a higher full-year earnings outlook.
Revenue reaches USD 12.608 billion
According to Financial Report Insights, Deere reported USD 12.608 billion in revenue for fiscal Q3 2026, the three months ended August 2, 2026. Revenue rose from USD 12.018 billion in the year-earlier quarter, while net income increased 7.0 percent to USD 1.379 billion and diluted EPS rose 7.4 percent to USD 5.10.
The comparison is stronger on the consolidated level than in Deere's core large-agriculture business. Production and Precision Agriculture sales fell 6 percent, while Small Agriculture and Turf sales increased 12 percent and Construction and Forestry sales rose 18 percent in fiscal Q3 2026, according to the same report.
Guidance supports the earnings case
Deere raised fiscal 2026 net income guidance to USD 4.75 billion to USD 5.00 billion, the Financial Report Insights analysis states. The range is supported by USD 3.808 billion of net income through the first nine months of the fiscal year, but the quarterly mix places greater weight on smaller equipment and construction operations.
MarketBeat reported on October 1, 2026, that Deere's adjusted EPS of USD 5.10 exceeded the USD 4.69 consensus estimate by USD 0.41, while its average 12-month analyst price target was USD 686.10. Bank of America had raised its target from USD 667.00 to USD 715.00 on September 24, 2026, according to MarketBeat.
Next results arrive November 25
Zacks reported on October 2, 2026, that Deere plans to announce its next earnings results on November 25, 2026. Its consensus model projected quarterly EPS of USD 4.08 and revenue of USD 10.3 billion, implying a 2.59 percent year-over-year revenue decline for that period.
The market data give the stock a USD 185.4 billion capitalization, with a 52-week range of USD 433.00 to USD 721.22 and volume of 1,063,572 shares on October 2, 2026. At USD 687.00, Deere remained 4.75 percent below its 52-week high, leaving the next report centered on whether construction strength can offset pressure in large agriculture.
Deere & Company stock facts
- Company: Deere & Company
- ISIN: US2441991054
- WKN: 850866
- Ticker: DE
- Trading venue: NYSE
- Closing price (October 2, 2026): USD 687.00
- Market capitalization: USD 185.4 billion (as of October 2, 2026)
- 52-week range: USD 433.00-721.22 (as of October 2, 2026)
- Sector / Industry: Industrials / Farm and Heavy Construction Machinery
- Next earnings date: November 25, 2026
