--- title: "Deere & Company (NYSE:DE) Upgraded by Evercore to Outperform Rating" type: "News" locale: "en" url: "https://longbridge.com/en/news/297823842.md" description: "Evercore upgraded Deere & Company (NYSE:DE) to an 'outperform' rating with an $813 price target, citing potential upside. Other analysts like Raymond James and Oppenheimer also raised targets or maintained 'outperform' ratings. Deere recently beat Q2 earnings estimates with $5.10 EPS against $4.69 expected, alongside strong revenue growth. Institutional investors have increased stakes, and the stock traded up 3.1% on Wednesday." datetime: "2026-09-02T20:06:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297823842.md) - [en](https://longbridge.com/en/news/297823842.md) - [zh-HK](https://longbridge.com/zh-HK/news/297823842.md) generator: "portal-rs" --- # Deere & Company (NYSE:DE) Upgraded by Evercore to Outperform Rating Deere & Company (NYSE:DE - Get Free Report) was upgraded by analysts at Evercore from an "in-line" rating to an "outperform" rating in a note issued to investors on Wednesday, Briefing.com reports. The brokerage presently has a $813.00 price objective on the industrial products company's stock. Evercore's price target indicates a potential upside of 16.68% from the stock's current price. - Deere Earnings: Has the Stock Outrun the Farm Cycle? Other analysts have also issued reports about the stock. Raymond James Financial raised their price objective on shares of Deere & Company from $700.00 to $730.00 and gave the company an "outperform" rating in a research note on Monday. Citigroup increased their price target on shares of Deere & Company from $610.00 to $650.00 and gave the company a "neutral" rating in a report on Friday, August 21st. UBS Group reduced their price target on shares of Deere & Company from $732.00 to $728.00 and set a "buy" rating for the company in a research report on Friday, August 21st. Seaport Research Partners set a $570.00 price objective on shares of Deere & Company in a report on Friday, August 14th. Finally, Oppenheimer upped their price objective on Deere & Company from $680.00 to $685.00 and gave the company an "outperform" rating in a research report on Thursday, August 20th. Sixteen research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Deere & Company has an average rating of "Moderate Buy" and a consensus price target of $680.73. Get **Deere & Company** alerts: **Check Out Our Latest Research Report on Deere & Company** ## Deere & Company Trading Up 3.1% - AI Data Centers Are Splitting Winners From Pretenders in Infrastructure Stocks Shares of Deere & Company stock traded up $20.72 during midday trading on Wednesday, reaching $696.80. 1,459,025 shares of the company's stock traded hands, compared to its average volume of 1,378,818. The stock has a 50 day moving average of $614.39 and a 200-day moving average of $594.27. Deere & Company has a 12 month low of $433.00 and a 12 month high of $700.64. The company has a market cap of $187.87 billion, a PE ratio of 38.71, a price-to-earnings-growth ratio of 2.70 and a beta of 0.90. The company has a debt-to-equity ratio of 1.45, a quick ratio of 1.89 and a current ratio of 2.10. Deere & Company (NYSE:DE - Get Free Report) last announced its earnings results on Thursday, August 20th. The industrial products company reported $5.10 earnings per share for the quarter, beating analysts' consensus estimates of $4.69 by $0.41. Deere & Company had a net margin of 10.16% and a return on equity of 18.10%. The firm had revenue of $12.61 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same quarter in the previous year, the firm posted $4.75 EPS. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. As a group, equities analysts expect that Deere & Company will post 18.11 EPS for the current fiscal year. ## Institutional Inflows and Outflows - 5 Tech Stocks Holding Their Ground Through the AI Trade Pullback Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Deere & Company in the second quarter worth about $27,000. Kilter Group LLC bought a new position in shares of Deere & Company during the 2nd quarter valued at approximately $29,000. Timmons Wealth Management LLC bought a new position in shares of Deere & Company during the 4th quarter valued at approximately $29,000. McIlrath & Eck LLC purchased a new stake in Deere & Company in the 4th quarter worth approximately $30,000. Finally, Solstein Capital LLC purchased a new stake in Deere & Company in the 2nd quarter worth approximately $30,000. Institutional investors own 68.58% of the company's stock. ## More Deere & Company News Here are the key news stories impacting Deere & Company this week: - Positive Sentiment: **Baird upgraded Deere to Outperform** from Neutral and raised its price target to $800 from $640. The firm expects North American agricultural fundamentals to improve in 2027, potentially lifting corn prices, farmer income and demand for Deere equipment. Deere Upgrade Puts Valuation Back In Focus - Positive Sentiment: Investors are increasingly treating Deere as a leading agricultural-recovery play. Recent market coverage highlights the stock’s move to a new high, while Deere’s previous quarterly results showed earnings and revenue above expectations, reinforcing confidence in its operating execution. Market Extremes Flash Warning Signs - Positive Sentiment: Unusually heavy call-option activity and continued analyst optimism indicate strong speculative and institutional interest in further upside. Baird’s $800 target suggests additional potential appreciation if the farm-equipment cycle improves as expected. Baird Just Upgraded Deere Stock - Positive Sentiment: Deere launched its JD AI assistant within the Operations Center, giving farmers a tool to obtain operational guidance and data-driven insights. The initiative supports Deere’s precision-agriculture strategy and could strengthen customer relationships over time. Deere Launches AI Assistant - Neutral Sentiment: Farmers can now file claims under a Deere settlement. The payouts may resolve a legal overhang, but the claims process and possible costs create a continuing uncertainty for investors. Farmers Can Now File Claim in Deere Settlement - Negative Sentiment: After its sharp rally, Deere’s valuation is back in focus. Value-oriented comparisons with Kubota suggest investors must weigh the agricultural recovery outlook against Deere’s premium valuation and the risk that the expected 2027 improvement is already reflected in the stock. KUBTY vs. DE: Which Stock Should Value Investors Buy Now? ## About Deere & Company (Get Free Report) Deere & Company, commonly known by its brand John Deere, is a global manufacturer of agricultural, construction and forestry machinery, as well as turf care equipment and power systems. Founded in 1837 by blacksmith John Deere—who developed a polished steel plow to improve tillage in tough prairie soils—the company is headquartered in Moline, Illinois, and has grown into one of the largest and most recognizable names in equipment manufacturing worldwide. The company's principal businesses include a broad portfolio of agricultural equipment such as tractors, combines, planters, sprayers, harvesters and tillage implements, complemented by precision agriculture technologies and telematics that support farm management, yield optimization and equipment connectivity. ## Featured Articles - Five stocks we like better than Deere & Company - Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors - J.M. Smucker Stock's Rally Has More Than Tariffs Behind It - Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real? - GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Deere & Company Right Now? Before you consider Deere & Company, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Deere & Company wasn't on the list. While Deere & Company currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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