Deere expands Yamaha pact and Deere & Co. stock gains 2.12 percent
Published on 10/14/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSVehicle strategy and earnings context
- Deere and Yamaha entered a two-company vehicle collaboration on October 7, 2026.
- Fiscal third-quarter revenue reached USD 12.61 billion, up 4.90 percent year over year.
- Deere & Co. stock trades at EUR 583.10 at 11:49 a.m. CEST on October 14, 2026, 2.12 percent above the Xetra close of October 13, 2026.
Deere & Co. (ISIN US2441991054) expanded its vehicle strategy through a Yamaha collaboration announced on October 7, 2026, while the stock traded at EUR 583.10 at Lang & Schwarz on October 14, 2026, 2.12 percent above the Xetra close of October 13, 2026 at EUR 571.00. Yamaha Motor said the two companies will jointly develop and supply recreational off-highway vehicles.
Yamaha adds a new vehicle angle
The agreement combines Yamaha's powertrain and vehicle-design expertise with Deere's vehicle development, US manufacturing capabilities and customer knowledge, according to Yamaha Motor. Both companies will retain their brands, dealer networks, sales channels and customer relationships.
The partnership broadens Deere's exposure beyond its core agricultural and construction machinery businesses, but the announcement gave no product launch date or financial contribution. That keeps the agreement strategically relevant while leaving near-term earnings unaffected.
Third-quarter growth was uneven
Deere's fiscal third quarter ended August 2, 2026, with revenue of USD 12.61 billion, up 4.90 percent from the year-earlier quarter, and net income of USD 1.38 billion, up 7.00 percent. Financial Report Insights reported diluted earnings per share of USD 5.10 for the period.
The mix matters more than the consolidated increase. Production and Precision Agriculture sales fell 6.00 percent, while Small Agriculture and Turf sales rose 12.00 percent and Construction and Forestry sales increased 18.00 percent in the same fiscal quarter, according to Financial Report Insights.
Analyst target remains a counterweight
On October 9, 2026, Investing.com reported that JPMorgan raised its Deere price target from USD 585.00 to USD 625.00 while retaining a Neutral rating. The revised target is 6.40 percent above the current Lang & Schwarz price only after converting currencies, so no direct target-distance calculation is used here.
Price and trading context
Deere & Co. stock traded at EUR 583.10 at Lang & Schwarz on October 14, 2026 at 11:49 a.m. CEST, up EUR 12.10 or 2.12 percent versus the Xetra close of October 13, 2026 at EUR 571.00. The EUR 631.60 52-week high leaves the stock 7.68 percent below that level.
The further course of trading is shown by the continuously updated real-time quote of Deere & Co. stock.
Deere & Co. key facts
- Company: Deere & Company
- ISIN: US2441991054
- Ticker: DE
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 14, 2026, 11:49 a.m. CEST: EUR 583.10
- Change versus Xetra close: plus 2.12 percent
- Xetra close October 13, 2026: EUR 571.00
- 52-week range: EUR 383.90-631.60 as of October 14, 2026
- Sector / Industry: Industrials / Agricultural Machinery
Market context: Market report S&P 500.
