Deere & Company (DE) Shares Climb +14% on Earnings Beat and Tariff Relief
Key Takeaways
- Deere & Company (DE) shares surged approximately 14% over the past 30 days, climbing from $539.00 on May 28, 2026, to $613.24 as of June 26, 2026.
- The rally was fueled by a strong fiscal Q2 2026 earnings beat, with EPS of $6.55 handily exceeding the $5.70 consensus estimate and revenue of $13.37 billion topping forecasts by roughly 16%.
- A White House decision to cut tariffs on agricultural equipment in early June provided an additional catalyst, sending DE shares up 4.3% in a single session.
- Over the broader quarter, the stock gained approximately 8.5%, reflecting a recovery from mid-2026 lows as construction segment strength offset ongoing softness in large agricultural equipment.
- Analyst sentiment remains cautiously optimistic, with price targets ranging from $590 to $752 and a consensus rating of Buy, though concerns about the agricultural cycle persist.
Deere & Company (DE): Company Overview and Market Position
Deere & Company, best known through its John Deere brand, ranks among the world’s largest producers of agricultural, construction, and forestry equipment. Based in Moline, Illinois, and established in 1837, the firm runs four main segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. Its lineup includes tractors, harvesters, sprayers, excavators, loaders, and turf equipment, along with expanding precision agriculture offerings such as autonomous solutions and data-driven tools. With a market capitalization near $165 billion, DE serves as a key indicator for global farm and construction spending, drawing attention from investors who follow commodity cycles, infrastructure outlays, and rural economic conditions.
DE Stock Price Performance: Last 30 Days vs. the Quarter
Over the past 30 days, DE moved from an adjusted close of $539.00 on May 28, 2026, to $613.24 on June 26, 2026, for a gain of about 14%. The advance was not straight-line; shares fell 5.2% on May 21 after the Q2 release before climbing steadily through June. On a quarterly basis the stock posted roughly an 8.5% advance, recovering from late-March levels near $565. The stronger 30-day showing highlights a concentrated stretch of positive developments, including tariff relief and post-earnings target revisions, that sped up the rebound from mid-May lows. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
What Drove DE Stock Higher in the Last 30 Days
Several factors converged to lift DE by 14%. The standout was the fiscal Q2 2026 earnings release on May 21, which showed EPS of $6.55—15% above the $5.70 consensus—and revenue of $13.37 billion that beat estimates by more than $1.8 billion. Equipment operations margins held at 16.9% despite tariff pressures, and the quarter included a $272 million one-time tariff refund. In early June the White House cut tariffs on agricultural equipment, pushing shares up 6.8% on June 2. Several firms raised targets afterward: RBC Capital moved its price objective to $752, while JPMorgan and Freedom Broker lifted theirs to $590. Management kept full-year net income guidance at $4.5 billion to $5.0 billion, declared a $1.62 quarterly dividend, and reaffirmed plans for $20 billion in U.S. manufacturing investments over the next decade.
DE Stock Performance Across the Broader Quarter
The roughly +8.5% quarterly result reflects a period of stabilization after earlier pressure. Shares started near $565 in late March amid worries over the agricultural equipment cycle and tariff uncertainty. A strong Q1 FY2026 print in February sent the stock up 11.6% on February 19 and to a 52-week high of $674.19, but gains faded through March and April as trade-policy swings and softer farmer-income forecasts weighed on sentiment. The construction and forestry segment provided a helpful offset with solid growth that helped balance weakness in large ag equipment. Management’s view that 2026 could mark the bottom of the ag cycle offered some forward support, while diversification into precision agriculture and recurring service revenue continues to underpin the longer-term case.
Trending AI Robots
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DE Stock Forecast Drivers: What to Watch Next
Several items will influence the path ahead. The next earnings release, expected around August 20, 2026, should clarify whether the agricultural cycle is bottoming as management expects. Key items to track include large ag order trends, dealer inventory levels, and construction-segment momentum. Tariff policy remains fluid; recent cuts helped, yet company commentary indicates direct exposure is little changed and any reversal could affect margins. Commodity prices for corn, soybeans, and wheat will continue to shape farmer purchasing power. Precision agriculture efforts, including See & Spray and JDLink adoption, offer longer-term growth potential through recurring revenue. The right-to-repair environment, following the $99 million settlement, could bring additional regulatory considerations. With consensus targets averaging $644.21 and reaching as high as $759, the market is pricing in a measured recovery, though execution on 2030 ambitions will determine if further upside remains.
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Financial analyst and market blogger with expertise in equity research, fundamental analysis, and macroeconomic trends. I regularly publish coverage on individual stocks, ETFs, and sector developments — combining rigorous financial analysis with clear, engaging writing for a broad investment audience.
DE sees MACD Histogram crosses below signal line
DE saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 25, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In 28 of the 44 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 64%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for DE moved out of overbought territory on September 24, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 33 similar instances where the indicator moved out of overbought territory. In 19 of the 33 cases, the stock moved lower in the following days. This puts the odds of a move lower at 58%.
The Momentum Indicator moved below the 0 level on October 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on DE as a result. In 50 of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 60%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DE declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 56%.
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 41 of 64 cases where DE's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 64%.
Following a +3.62% 3-day Advance, the price is estimated to grow further. Considering data from situations where DE advanced for three days, in 199 of 332 cases, the price rose further within the following month. The odds of a continued upward trend are 60%.
DE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 120 of 210 cases where DE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 57%.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is 12 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 16 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 41 (best 1 - 100 worst), indicating steady price growth. DE’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 49 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of 65 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 68 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: DE's P/B Ratio (6.645) is slightly higher than the industry average of (2.582). P/E Ratio (38.332) is within average values for comparable stocks, (34.809). Projected Growth (PEG Ratio) (1.600) is also within normal values, averaging (1.745). Dividend Yield (0.009) settles around the average of (0.009) among similar stocks. DE's P/S Ratio (3.868) is very high in comparison to the industry average of (1.128).
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General Information
a manufacturer of agricultural, industrial, commercial and consumer equipment
Industry TrucksConstructionFarmMachinery
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