
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 deliver strong margins in anticipation of an economic upturn. The company's substantial advancements in precision-agriculture technologies further enhance its competitive edge and potential for revenue growth. Given the robust dealer network and strong geographic sales distribution, any increase in retail demand or stabilization in the market could lead to significant financial gains for Deere.
Bears say
Deere's stock outlook is negatively impacted by concerns regarding the effectiveness of its technology stack, as positive farmer reception is crucial for meeting sales and earnings expectations, particularly in the face of potential competition from superior agricultural systems. Additionally, the company faces inventory issues, specifically with the core 8R heavy tractor series, which are averaging less than one unit per dealer, indicating potential supply constraints and market demand challenges. Finally, risks related to product malfunctions or safety recalls could further diminish brand sentiment, leading to inadequate sales performance and falling short of financial models.
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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