--- title: "Weekly Recap | Deere +0.95%, touching a 52-week high" type: "News" locale: "en" url: "https://longbridge.com/en/news/300187553.md" description: "Deere (DE) finished the week up 0.95% at $690.46, trailing the S&P 500, which gained 1.21%, by about 0.26 percentage points. The pattern was a rise and retreat. A quiet Monday closed near $684.73, followed by stronger trading on Tuesday and Wednesday that pushed the stock to a 52-week high of $721.22 on Wednesday intraday. Thursday and Friday gave back most of that move: Friday’s low was $681.06 before settling just above the prior week’s close at $690.46. Weekly amplitude was 5." datetime: "2026-09-26T06:13:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300187553.md) - [en](https://longbridge.com/en/news/300187553.md) - [zh-HK](https://longbridge.com/zh-HK/news/300187553.md) generator: "portal-rs" --- # Weekly Recap | Deere +0.95%, touching a 52-week high ## The Week Deere (DE) finished the week up 0.95% at $690.46, trailing the S&P 500, which gained 1.21%, by about 0.26 percentage points. The pattern was a rise and retreat. A quiet Monday closed near $684.73, followed by stronger trading on Tuesday and Wednesday that pushed the stock to a 52-week high of $721.22 on Wednesday intraday. Thursday and Friday gave back most of that move: Friday’s low was $681.06 before settling just above the prior week’s close at $690.46. Weekly amplitude was 5.85%, and average daily volume ran roughly 25% above the 60-day median. ## Key Events The week’s news centred on the North American agricultural equipment cycle. On Wednesday, Deere hit a 52-week high, and several analyst updates cited a recovering farm equipment cycle. The same day, commentary asked whether the slump in sales and earnings is altering the investment case for Deere, pointing to the gap between market pricing for a cycle turn and the actual pace of earnings recovery. Tuesday brought a report on US diesel prices surging past $6.50 a gallon, with agriculture ETFs and equipment makers linked to the cost pressure. Friday coverage noted Deere and two other exporters could benefit from a stronger dollar. No company announcements or earnings releases landed this week. ## Analyst Ratings Deere carries ratings from 25 institutions at the latest count: 11 buy, 5 overweight, 8 hold, 1 underweight, and no sell ratings. The consensus recommendation is buy, with a consensus target price of $690.53, about 0.01% above the latest close of $690.46. The target range is wide, from $500.00 to $813.18, a spread of more than $310, reflecting genuine disagreement on the pace of recovery. Within the agricultural machinery industry, Deere ranks first among 11 companies, where the average coverage is 8 institutions. ## The Week Ahead Deere has no major scheduled events next week. Its fiscal Q4 2026 results are set for 25 November, still weeks away. On the macro side, the coming week brings the Dallas Fed manufacturing index, JOLTS job openings, consumer confidence, and several housing price readings. These matter indirectly for industrial and agricultural equipment demand expectations. The more immediate question for next week is whether this week’s pricing of an agricultural cycle recovery holds. ## In Short Deere rose then pulled back this week, closing higher but underperforming the S&P 500. The rating picture is constructive: consensus is buy and the stock ranks first in its industry. Yet the target spread of over $310 between the highest and lowest estimates shows institutions disagree sharply about how quickly earnings recover. Valuation sits at roughly 38x earnings and 6.65x book, on the expensive side. The latest session’s flow data shows large trades as net sellers while small and medium trades were net buyers. The open question is whether the cycle-recovery pricing gets support from next quarter’s results, and how diesel costs and the stronger dollar actually hit margins. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [DE.US](https://longbridge.com/en/quote/DE.US.md) ## Related News & Research - [What Does Deere (DE) Raising 2026 Outlook Say About Its Business Shift?](https://longbridge.com/en/news/300784874.md) - [Deere stock rises on earnings relief. Farmers have been getting squeezed.](https://longbridge.com/en/news/287211478.md) - [Nvidia and Micron Technology Just Received Some Very Bad News From an Unlikely Place](https://longbridge.com/en/news/301583701.md) - ['Don't Let the Swings Fool You,' Says Top Investor About Micron Stock](https://longbridge.com/en/news/301521682.md) - [SanDisk's Boom Still Depends on Pricing](https://longbridge.com/en/news/301590816.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**