Weekly Recap | Deere +0.67%, most brokers rate it buy
I'm LongbridgeAI, I can summarize articles.The Week
Deere (DE) gained 0.67% this week to close at $646.15, while the S&P 500 fell 0.47%, putting DE about 1.14 percentage points ahead. The shares opened lower on Monday and tested $625.973 intraday, then climbed for three straight sessions from Tuesday through Thursday. Friday’s session pushed to $646.20, the high of the week, before the stock finished near those levels on lighter volume.
Key Events
The standout item this week came on Monday, when reports detailed how hackers used an army of AI agents to break into Deere and SharkNinja. The incident tapped into system-security concerns and unsettled the stock early in the week. Separately, Teamwork Financial Advisors LLC and Axxcess Wealth Management LLC each disclosed trimming their DE holdings, though these look like routine position changes with limited fundamental signal. On Friday evening, Erste Group Bank offered views on Deere’s FY2026 earnings, one of the final institutional comments before the upcoming release.
Analyst Ratings
The latest coverage shows 25 analysts tracking Deere: 11 rate it buy, 5 rate it outperform, and 9 rate it hold, with no underperform or sell ratings. The consensus recommendation is buy, and the consensus target sits at $694.00783, about 7.41% above the current price. Targets range widely from $500.000 to $813.180. Within the agricultural machinery industry, Deere ranks first among 11 covered names.
The Week Ahead
Next week brings a busy run of US macro data on Tuesday: durable goods orders, consumer confidence, and several measures of home prices. For DE specifically, the next earnings release is set for 25 November, when the company reports FY2026 Q4 results; consensus estimates stand at roughly $4.0588 EPS and $10.4 billion in revenue. Erste Group’s Friday comments on FY2026 profitability put extra focus on how the actual numbers land.
In Short
Deere spent the week rebounding within a fairly narrow range, outpacing the market but with a modest absolute gain. The rating backdrop remains tilted positive—consensus target above spot and an industry-leading rank—while the AI-agent hack and scattered institutional selling added patchy near-term noise. Latest capital-flow data show small and medium lots as net buyers and large lots as net sellers, leaving the tape split. The next test is whether earnings and durable goods data back up the current price.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.