
DE Stock Forecast & Price Target
DE Analyst Ratings
Bulls say
Deere has optimized its cost structure over the past 12-18 months, positioning the company to achieve strong margins once market conditions improve. The company's advancements in precision agriculture technologies indicate a commitment to innovation, which may drive demand and enhance profitability. Additionally, the relationship between retail sales and Deere's performance suggests that even stable retail environments could lead to significant financial gains for the company.
Bears say
Deere's stock outlook appears negative primarily due to potential adverse reactions from farmers toward its technology stack and the risk of competitors introducing superior agricultural systems, which could lead to lower-than-expected sales and earnings. Additionally, the company's inventory levels, particularly for the core 8R heavy tractor series, are notably low, averaging less than one unit per dealer, indicating potential supply chain or demand issues. Concerns about product malfunctions or safety-related recalls could further damage brand sentiment and negatively impact financial performance, compounding the existing macroeconomic pressures and risks associated with labor and pensions.
This aggregate rating is based on analysts' research of Deere & Company and is not a guaranteed prediction by Public.com or investment advice.
DE Analyst Forecast & Price Prediction
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