Deere & Co., US2441991054

JPMorgan raises target for Deere stock from USD 585 to USD 625

Published on 10/15/2026 at 10:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal third-quarter revenue rose 4.90 percent to USD 12.61 billion. Deere stock costs EUR 582.90 on October 15, 2026, 0.29 percent above Xetra close.

Analyst view and operating data

JPMorgan lifted its Deere target from USD 585.00 to USD 625.00 on October 8, 2026.
Fiscal third-quarter revenue rose 4.90 percent to USD 12.61 billion for the period ended August 2, 2026.
Deere stock trades at EUR 582.90 at 10:01 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.29 percent above the Xetra close of October 14, 2026.

Schwarzweiß-Reportagefoto eines Trailläufers im Regen auf Bergpfad — Deckers Outdoor Corp. Athlet läuft im starken Regen auf Bergpfad dokumentarisches Schwarzweiß-Foto US2441991054, Illustration mit AI erstellt.

Deere & Co. stock (ISIN US2441991054) was trading at EUR 582.90 at Lang & Schwarz on October 15, 2026 at 10:01 a.m. CEST, up 0.29 percent against the Xetra close of October 14, 2026. Markets Insider reported on October 8, 2026 that JPMorgan raised its Deere target from USD 585.00 to USD 625.00 while maintaining a Neutral rating.

JPMorgan sees a higher target

The analyst move gives Deere a fresh valuation reference even as the agricultural equipment cycle remains uneven. JPMorgan cited mixed demand outside data center construction, cost inflation and weak agriculture equipment demand in its October 8, 2026 research note, according to Markets Insider.

The latest operating figures provide the counterweight. Fiscal third-quarter revenue rose 4.90 percent year over year to USD 12.61 billion, while net income increased 7.00 percent to USD 1.379 billion for the three months ended August 2, 2026, according to Financial Report Insights. Deere reported diluted earnings per share of USD 5.10, compared with USD 4.75 a year earlier.

Three dates shaped Deere

On August 20, 2026, Deere released fiscal third-quarter results with USD 12.61 billion in revenue, as reported by MarketBeat. On October 8, 2026, JPMorgan lifted its target to USD 625.00. On October 9, 2026, Investing.com linked a 4.30 percent afternoon decline in Deere to a USDA crop report and sector-wide pressure.

What date comes next for shareholders?

Deere's next substantiated shareholder date is November 9, 2026, when a quarterly dividend of USD 1.62 per share is scheduled for payment, according to MarketBeat. The date adds an income component to the analyst debate without changing JPMorgan's Neutral rating.

Deere stock stays near its Xetra close

Deere's primary listing is on the NYSE under ticker DE. The USD 175.4 billion market capitalization and USD 445.55 to USD 721.22 52-week range are dated October 14, 2026, while the euro quotation reflects the German trading perspective.

Deere stock was trading at EUR 582.90 at Lang & Schwarz on October 15, 2026 at 10:01 a.m. CEST, 0.29 percent above the Xetra close of October 14, 2026 at EUR 581.20. The further course of trading is shown by the continuously updated real-time quote of Deere stock.