---
title: "Weekly Recap | Deere -0.5%, most brokers rate it buy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300847574.md"
description: "Deere (DE) slipped 0.5% this week to close at $687, trailing the S&P 500 by about 0.23 percentage points. The stock swung 6.82% across the week, opening Monday at $687.13 and touching $690.94 before sliding over the next three sessions. Thursday’s low was $644.06, then Friday rebounded to $689.69 and settled at $687, nearly back to Monday’s open. Average daily volume was about 1.27 million shares, roughly 20% above the 60-day median."
datetime: "2026-10-03T06:41:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300847574.md)
  - [en](https://longbridge.com/en/news/300847574.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300847574.md)
generator: "portal-rs"
---

# Weekly Recap | Deere -0.5%, most brokers rate it buy

## The Week

Deere (DE) slipped 0.5% this week to close at $687, trailing the S&P 500 by about 0.23 percentage points. The stock swung 6.82% across the week, opening Monday at $687.13 and touching $690.94 before sliding over the next three sessions. Thursday’s low was $644.06, then Friday rebounded to $689.69 and settled at $687, nearly back to Monday’s open. Average daily volume was about 1.27 million shares, roughly 20% above the 60-day median.

## Key Events

The week’s company-specific story centred on labour relations and forward guidance. On Thursday, news showed the IAM union at Deere’s Horicon Works had ratified a new labour agreement, easing some of the recent uncertainty around production. That same day the stock dipped to the $644 area and closed down 3.18%. On Friday, reports said Deere raised its 2026 outlook, which was read as a positive signal around its business shift; the stock rebounded and outperformed industry peers. On the sector side, talk of tractors, satellites and blockchain alliances kept the digitisation theme in focus.

## Analyst Ratings

Of 25 brokers covering Deere, 11 rate it buy, 5 over, 8 hold and 1 under; 23 give buy or over ratings, with no sell recommendations. The consensus rating is buy, with a consensus target of $691.83, about 70.36% above the current price. Targets range from $500 to $813.18, a wide spread. Deere ranks first in the agricultural machinery industry’s ratings table, with more covering brokers than the industry median of 5.

## The Week Ahead

The coming week is heavy with US macro data: Services PMI final and ISM non-manufacturing PMI on Monday, trade balance figures on Tuesday, and EIA crude inventories on Wednesday. Deere’s next earnings report lands on 25 November, covering Q4 FY2026, with consensus estimates around $4.07 EPS and $10.4 billion in revenue — the first checkpoint for the raised 2026 outlook.

## In Short

This week’s tension sits between a broadly positive broker view — consensus target above spot, top industry rank — and a small weekly decline with mixed money flow on the latest session. The labour deal and raised 2026 outlook are company-specific positives, but a dense macro calendar and the November earnings date remain the next points to watch.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**