Deere stock edges lower as analysts keep lifting targets

Published on 09/16/2026 at 14:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deere stock was covered by MarketBeat on September 15, 2026, after DA Davidson lifted its target to USD 760. Deere has traded on NYSE in USD.

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 & Co. stock (ISIN US24419L1061) was last covered in a MarketBeat analyst overview on September 15, 2026, which showed DA Davidson lifting its price target to USD 760 from USD 685 for Deere & Company. The move follows a broader analyst reset that leaves the stock trading against a higher valuation bar.

Targets keep moving up

In the same MarketBeat overview, Deere also appeared in earlier target actions, including a September 2026 update that cut the target to USD 585 from USD 628.28 and a May 22, 2026 call that lowered it to USD 685 from USD 760, showing how quickly the target range has shifted this year.

For investors, that matters because the latest analyst number sits well above the older reset levels and implies expectations are still being reworked around farm-equipment demand and margin resilience. The same source listed Deere at USD 655.06 on August 24, 2026 in the analyst table.

Latest reported figures

Deere's most recent quarter in the available search hits was the quarter ending June 2026, with revenue of USD 12.1 billion and net income of USD 1.8 billion, according to Deere's latest reported results on its investor relations page dated August 2026. The company also said adjusted net income was USD 2.37 billion and operating margin was 18.9 percent in that period.

That comparison still matters: the June 2026 quarter came after a year in which Deere's equipment markets remained under pressure, but the margin line shows the business is still converting sales into earnings at a high rate. The next reporting date was not visible in the available search hits.

Stock level to watch

Deere stock traded at USD 655.06 on August 24, 2026, with the same MarketBeat analyst table also putting the stock's price target at USD 760. That leaves the shares below the target even after the latest upgrades.