Brokerages Set Deere & Company (NYSE:DE) Price Target at $644.70

Analysts recommend 'Moderate Buy' rating for the industrial equipment manufacturer

Mar. 22, 2026 at 9:50am

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Deere & Company (NYSE:DE) has received an average 'Moderate Buy' recommendation from 25 ratings firms currently covering the stock, with an average 1-year price target of $644.70. Analysts have cited the company's strong performance, including a recent earnings beat, as well as its leadership in agricultural and construction equipment as reasons for the positive outlook.

Why it matters

Deere & Company is a bellwether for the industrial and agricultural equipment sectors, and its stock performance is closely watched by investors as an indicator of broader economic and industry trends. The positive analyst sentiment reflects confidence in the company's ability to navigate challenges such as supply chain issues and macroeconomic uncertainty.

The details

Several equity research firms have issued reports on Deere & Company in recent months. Wells Fargo & Company increased its price target on the stock from $543 to $750, citing the company's strong fundamentals. Sanford C. Bernstein also raised its target from $521 to $615, while Wolfe Research increased its target from $520 to $550. However, Citigroup cut its target from $675 to $625, citing potential headwinds.

  • Deere & Company reported earnings on Thursday, February 19, 2026.
  • The company's next quarterly dividend of $1.62 per share will be paid on Friday, May 8, 2026.

The players

Deere & Company

A global manufacturer of agricultural, construction, and forestry machinery, as well as turf care equipment and power systems. The company is headquartered in Moline, Illinois and was founded in 1837.

Wells Fargo & Company

A major American financial services company that provides various banking, investment, and mortgage products and services.

Sanford C. Bernstein

A research and brokerage firm that provides investment research and analysis to institutional investors.

Wolfe Research

An independent equity research firm that provides research and analysis to institutional investors.

Citigroup

A multinational investment bank and financial services corporation headquartered in New York City.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

Deere & Company's strong analyst ratings and price targets reflect the company's leadership in the agricultural and industrial equipment sectors, as well as its ability to navigate challenging market conditions. The positive sentiment suggests investors see continued growth opportunities for the company despite potential headwinds.