Stock Price & Analysis

Based on the analysis of Deere & Company (DE), the stock shows resilience with a positive pre-market change and strong fundamentals, but market valuations and economic uncertainties suggest caution.

Answer:
Hold DE stock as it shows stability with a positive outlook, but consider market risks.

The price prediction for DE stock in 2025 is $498. This forecast is based on Fibonacci resistance levels and average analyst targets, suggesting the stock may face resistance around this price point.

The S1 support level for DE Stock is $462.83 ,The R1 resistant level for DE Stock is $487.43.

As of the end of day on 2025-04-02, the price of DE Stock was $476.

The target price for DE Stock according to analyst rating is 494.00, with the highest price target at 542.00 and the lowest at 450.00. Analysts have a Moderate Buy rating on DE Stock overall.

The market cap of DE is $129.9B.

Analysis and Insights

Deere & Company (DE) appears overvalued based on current valuation metrics and market sentiment.

Valuation Metrics:

• PE Ratio: 15.92 (Q4 2024) and 21.20 (Q1 2025), indicating a premium compared to industry peers.
• EV/EBITDA: 11.54 and 13.79, suggesting high expectations for future earnings.
• PS Ratio: 2.19 and 2.74, above historical averages.
• PB Ratio: 4.85 and 5.78, reflecting a rich valuation.
• Dividend Yield: 1.44% and 1.26%, lower than some peers, reducing its appeal for income investors.

Analyst Sentiment:

• Mixed ratings with a consensus moving towards Neutral or Hold.
• Price targets range from $430 to $550, averaging around $492, indicating cautious optimism.

Market Sentiment:

• The Fear & Greed Index shows extreme fear, suggesting bearish sentiment.

Conclusion:

DE is overvalued due to high valuation metrics and cautious analyst sentiment. Investors should consider waiting for a price correction or improved market conditions before investing.

Deere & Company is engaged in the delivery of agricultural, construction and forestry equipment. The Company defines, develops and delivers global equipment and technology solutions. Its segments include production and precision agriculture (PPA), small agriculture and turf (SAT), construction and forestry (CF), and financial services (FS). PPA segment provides solutions for production-scale growers of large grains, small grains, cotton and sugarcane. SAT segment provides solutions for dairy and livestock producers, high-value crop producers, and turf and utility customers. CF segment provides 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, SAT equipment, and construction and forestry equipment. Its technology-enabled products include John Deere Autonomous 8R Tractor and E-Power Backhoe.

Deere & Company (DE) is expected to reach a stock price of $550 by 2030, driven by its leadership in autonomous agriculture technology and long-term industry growth trends. The prediction aligns with analyst consensus and the company's strategic investments in innovation.

DE has a total of 83000 employees.