Zacks Research Expects Reduced Earnings for Deere & Company

Deere & Company (NYSE:DE) – Stock analysts at Zacks Research reduced their Q1 2026 earnings estimates for Deere & Company in a research note issued to investors on Wednesday, December 17th. Zacks Research analyst Team now expects that the industrial products company will earn $1.99 per share for the quarter, down from their prior estimate of $2.83. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Deere & Company’s current full-year earnings is $19.32 per share. Zacks Research also issued estimates for Deere & Company’s Q2 2026 earnings at $5.55 EPS, Q3 2026 earnings at $4.75 EPS, Q4 2026 earnings at $4.45 EPS, FY2026 earnings at $16.74 EPS, Q2 2027 earnings at $6.19 EPS, Q3 2027 earnings at $5.68 EPS and FY2027 earnings at $21.55 EPS.

Several other equities research analysts have also issued reports on the company. Royal Bank Of Canada dropped their price objective on Deere & Company from $542.00 to $541.00 and set an “outperform” rating for the company in a research note on Friday, November 28th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Deere & Company in a report on Monday, December 15th. Evercore ISI reissued a “positive” rating on shares of Deere & Company in a report on Friday, November 28th. Sanford C. Bernstein restated a “market perform” rating on shares of Deere & Company in a research report on Tuesday, December 9th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $460.00 target price on shares of Deere & Company in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $522.70.

Deere & Company Stock Down 0.9%

DE opened at $470.62 on Monday. The company has a fifty day moving average price of $471.38 and a 200-day moving average price of $486.43. The firm has a market capitalization of $127.22 billion, a P/E ratio of 25.43, a price-to-earnings-growth ratio of 1.77 and a beta of 1.00. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.22 and a quick ratio of 2.01. Deere & Company has a one year low of $403.01 and a one year high of $533.78.

Deere & Company (NYSE:DE) last posted its earnings results on Wednesday, November 26th. The industrial products company reported $3.93 earnings per share for the quarter, missing analysts’ consensus estimates of $3.96 by ($0.03). Deere & Company had a return on equity of 20.54% and a net margin of 11.00%.The firm had revenue of $12.39 billion for the quarter, compared to the consensus estimate of $9.77 billion. During the same period last year, the company posted $4.55 EPS. The business’s revenue was up 14.1% on a year-over-year basis.

Deere & Company Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, February 9th. Investors of record on Wednesday, December 31st will be given a $1.62 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $6.48 dividend on an annualized basis and a yield of 1.4%. Deere & Company’s payout ratio is presently 35.01%.

Insiders Place Their Bets

In other Deere & Company news, CEO John C. May II sold 11,106 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $500.08, for a total value of $5,553,888.48. Following the completion of the sale, the chief executive officer owned 112,453 shares of the company’s stock, valued at $56,235,496.24. This represents a 8.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.29% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. The Manufacturers Life Insurance Company raised its position in Deere & Company by 30.6% during the second quarter. The Manufacturers Life Insurance Company now owns 364,103 shares of the industrial products company’s stock valued at $185,143,000 after purchasing an additional 85,351 shares during the period. OLD National Bancorp IN boosted its holdings in shares of Deere & Company by 2.6% in the 2nd quarter. OLD National Bancorp IN now owns 24,000 shares of the industrial products company’s stock worth $12,204,000 after purchasing an additional 610 shares during the period. Mesirow Financial Investment Management Inc. increased its position in shares of Deere & Company by 1.0% during the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 4,678 shares of the industrial products company’s stock valued at $2,379,000 after purchasing an additional 45 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new position in shares of Deere & Company during the 2nd quarter valued at approximately $3,615,000. Finally, WINTON GROUP Ltd purchased a new stake in Deere & Company during the 2nd quarter valued at $4,550,000. 68.58% of the stock is owned by hedge funds and other institutional investors.

Deere & Company News Summary

Here are the key news stories impacting Deere & Company this week:

• Neutral Sentiment: Zacks Research keeps a “Hold” rating on DE while updating estimates; the firm’s published note and related write-ups summarize the changes rather than issuing an outright downgrade of the stock.
• Negative Sentiment: Zacks cut FY2026 EPS to $16.74 from $18.83 and trimmed FY2027 to $21.55 from $24.20 — a meaningful downward revision to multi-year earnings expectations that can reduce investor confidence and valuation support. Article Title
• Negative Sentiment: Big cuts to near-term quarters: Q1 2026 EPS cut to $1.99 from $2.83 (largest single-quarter downgrade), and Q2–Q4 2026 estimates were also lowered (Q2: $5.55 from $5.97; Q3: $4.75 from $5.26; Q4: $4.45 from $4.78). These lower quarterly expectations raise the risk that upcoming reports may miss the market’s prior assumptions.
• Negative Sentiment: Zacks also trimmed mid‑2027 quarterly projections (Q2 2027 to $6.19 from $7.24; Q3 2027 to $5.68 from $6.44), signaling the research team expects weaker farm-equipment demand/margin recovery than previously modeled.

About Deere & Company

Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide.

The company’s principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity.