
DE Stock Forecast & Price Target
DE Analyst Ratings
Bulls say
Deere has effectively optimized its cost structure over the past 12 to 18 months, positioning itself to deliver strong margins as market conditions improve. The company has also made significant advancements in precision-agriculture technologies, which enhance its competitive edge in the agricultural equipment sector. Given these factors, any stabilization or growth in retail activity could potentially lead to a marked increase in Deere's financial performance.
Bears say
Deere's outlook is negatively impacted by the potential risk of farmers not embracing its technology, which could lead to sales and earnings falling short of expectations amidst increasing competition. Additionally, the company's inventory levels for key products, such as the core 8R heavy tractor series, are currently averaging less than one unit per dealer, indicating an unusual market condition that may affect product availability and sales. Furthermore, there are concerns regarding the possibility of product malfunctions or safety-related recalls, which could adversely affect brand sentiment and further diminish sales and earnings prospects.
This aggregate rating is based on analysts' research of Deere & Company and is not a guaranteed prediction by Public.com or investment advice.
DE Analyst Forecast & Price Prediction
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