DE.N Hits 20-Day High Amid Mixed Market Signals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 21 Nov 25
Source: NASDAQ.COM
Shares of Deere & Company (DE.N) reached a 20-day high today, reflecting a momentary surge in investor interest despite ongoing challenges. The stock's upward movement comes as the market grapples with mixed signals, particularly following Caterpillar Inc.'s impressive Q3 performance, which reported record revenues of $17.6 billion. In contrast, Deere faces eight consecutive quarters of revenue declines, with expectations of further drops due to weak farmer spending and rising production costs. As investors await Deere's upcoming earnings report on November 26, which is projected to show a 12.9% decline in net income, the contrasting fortunes of competitors like Caterpillar could influence sentiment in the agricultural sector.
Analyst Views on DE
Wall Street analysts forecast DE stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for DE is 514.25 USD with a low forecast of 458.00 USD and a high forecast of 560.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
8 Buy
7 Hold
0 Sell
Moderate Buy
Current: 519.190
Low
458.00
Averages
514.25
High
560.00
Current: 519.190
Low
458.00
Averages
514.25
High
560.00
About DE
Deere & Company is engaged in the delivery of agricultural, construction and forestry equipment. Its segments include production and precision agriculture (PPA), small agriculture and turf (SAT), construction and forestry (CF), and financial services (FS). PPA segment defines, develops and delivers global equipment and technology solutions for production-scale growers of large grains, small grains, cotton and sugarcane. SAT segment defines, develops and delivers global equipment and technology solutions for dairy and livestock producers, high-value and small acreage crop producers, and turf and utility customers. CF segment defines, develops and delivers a range of machines and technology solutions organized along the earthmoving, forestry and roadbuilding production systems. FS segment finances sales and leases by John Deere dealers of new and used production and precision agriculture equipment and others. Its products include John Deere Autonomous 8R Tractor and E-Power Backhoe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
