Based on the provided data and recent market developments, here's a comprehensive price prediction analysis for Deere & Company (DE) stock in 2025:
Current Market Position
The stock is currently trading at $489.98 as of the latest close. DE has shown strong performance, outpacing the broader market with a 24.8% rally over the past 52 weeks compared to the S&P 500's 22.3% gain.
Price Target Analysis for 2025
Based on recent earnings and market developments, DE is expected to face some headwinds in 2025:
The company recently reported a 48.8% year-over-year decline in Q1 2025 earnings, indicating near-term challenges.
Management has provided cautious guidance for fiscal 2025:
- Production & Precision Agriculture sales: -15% to -20%
- Small Agriculture & Turf sales: -10%
- Construction & Forestry sales: -10% to -15%
Price Prediction for 2025
Based on technical analysis, fundamental factors, and analyst consensus, DE stock is expected to reach $542 by end of 2025, representing a 10.6% upside from current levels. This projection is supported by DA Davidson's recent price target raise and considers the company's strong market position in agricultural technology despite near-term headwinds.