JP Morgan lifts target for Deere & Co. stock to USD 625.00
Published on 10/19/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and quarterly results
- JP Morgan raised its Deere target from USD 585.00 to USD 625.00 on October 8, 2026.
- Fiscal third-quarter revenue reached USD 12.608 billion on August 20, 2026.
- Deere & Co. stock trades at EUR 574.10 at 10:20 a.m. CEST at Lang & Schwarz on October 19, 2026, 0.26 percent above the Xetra close of October 16, 2026.
Deere & Co. (ISIN US2441991054) stock is at EUR 574.10 at Lang & Schwarz on October 19, 2026 at 10:20 a.m. CEST, 0.26 percent above the Xetra close of October 16, 2026 at EUR 572.60. On October 8, 2026, JP Morgan raised its price target for Deere from USD 585.00 to USD 625.00, as reported by TradingView.
Why the target changed
The target increase gives the stock a fresh analyst reference while Deere enters the final part of fiscal 2026. The published move was USD 40.00, or 6.84 percent, from the former target, calculated from USD 585.00. The target update followed Deere's third-quarter results and its revised full-year profit range.
What the latest quarter showed
Deere's fiscal third quarter ended August 2, 2026. According to the Yahoo Finance transcript dated August 20, 2026, net sales and revenues rose 5.00 percent to USD 12.608 billion, while equipment operations sales increased 6.00 percent to USD 10.999 billion. Net income attributable to Deere reached USD 1.379 billion, or USD 5.10 per diluted share.
The mix remains uneven. Production and Precision Agriculture generated USD 3.998 billion in fiscal third-quarter sales, down 6.00 percent year over year, while Construction and Forestry sales rose 18.00 percent to USD 3.618 billion. This contrast makes construction demand and large-farm equipment volumes the key operating split for the next report.
Three dated signals for Deere
On August 20, 2026, Deere reported USD 12.608 billion in fiscal third-quarter revenue, according to Yahoo Finance. On August 20, 2026, management lifted fiscal 2026 net income guidance to USD 4.75 billion to USD 5.00 billion in the same transcript. On October 8, 2026, JP Morgan raised its target from USD 585.00 to USD 625.00, according to TradingView.
What date comes next
The next explicitly listed reporting date is November 25, 2026, for fiscal fourth-quarter results, according to TradingView. That report will show whether the stronger construction business can offset continued pressure in large agricultural equipment.
Euro quote and Xetra comparison
At Lang & Schwarz, Deere traded at EUR 574.10 on October 19, 2026 at 10:20 a.m. CEST, 0.26 percent above the EUR 572.60 Xetra close of October 16, 2026. The euro market capitalization shown for the Xetra listing was EUR 155.4 billion as of October 19, 2026.
The further course of trading is shown by the continuously updated real-time quote of Deere & Co. stock.
Deere & Co. stock facts
- Company: Deere & Company
- ISIN: US2441991054
- Ticker: DE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 10:20 a.m. CEST): EUR 574.10
- Change versus Xetra close: plus 0.26 percent
- Xetra close (October 16, 2026): EUR 572.60
- Market capitalization: EUR 155.4 billion (as of October 19, 2026)
- 52-week range: EUR 390.00-EUR 631.60 (as of October 19, 2026)
Market context: Market report S&P 500.
