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NYSE:DE
Deere & Co. (DE)
588.00
-1.24 (0.21%)
as of Jun 18, 2026, 10:43:22 pm Market Open.
33 watching
Financials 
Technical Analysis 0
PARTIAL SELL
He took some profits today after buying it over $400. They execute better than CAT. Deere just reported a great, but imperfect quarter. Inventories were higher. Not expensive. 15x PE is good and likes their AI applications, but farmers will need to afford that. It's not the right stock in the economy moving forward.
machinery
BUY ON WEAKNESS
DE vs. CAT Agriculture sector is tough, so he's never invested aggressively in it. Between CAT and DE, he'd lean more towards CAT. He does own FTT.
Jamie Murray No
machinery
TOP PICK
Crop prices have been strong and will continue. A lot of US corn and soy production goes to petro products. Growing food issues. Mid-teen valuation. Adding lots of technology, precision farming. Also has forestry and construction, which will do well with the infrastructure build. Yield is 1.11%. (Analysts’ price target is $460.44)
Gordon ReidOwned
machinery
STRONG BUY
They reported a super quarter last Wednesday. They generate real earnings. Russia's invasion of Ukraine pushed up crop prices, which was a boon for Deere. Sales and earnings beat and Deere issued a a strong forecast. Shares jumped 5% last Wednesday. Price target jumped. Deere is up nearly 29% YTD. Another tailwind is infrastructure spending. There's still a lot of upside coming. They reported 37% revenue growth, easily beating the street. Every segment beat sales expectations. Revenues were $15.54 billion. Deere expects modest growth in 2023. They have pricing power and cash flow is bouncing back. Order books are full until late 2023. Exports from the Black Sea are expected to be down 40% and supply constraints will continue to encourage demand for Deere's agricultural equipment, sales Deere. Trades at only 16x PE vs. S&P's 17x 2023.
machinery
BUY
They reported today amid high expectations built into the share price. It's hitting highs today, but stay in this stock. because it's thriving within a secular bull market for agriculture. Also, there will be an acceleration in replacing aging farm equipment. Plus there will implementation of autonomous tractors. Stay committed to the entire ag space as a whole as it moves into 2023.
Joe TerranovaOwned
machinery
BUY
She bought more today. She likes farm equipment's secular growth; likes how Deere is introducing technology to make their business more efficient which will improve margin. But they are also hit by the supply chain. They beat their quarter--precision and production ag came in light, but up 13%. Construction and forestry segments were stellar with revenues up 9% YOY; operating profit was up 66%. This current share drop is overdone. Deere has hung on better than other industrials. They just announced 9% revenue growth, and 17% earnings growth, and raised guidance.
machinery
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He didn't catch it last week, but just bought some below $400 to add to his position. Farming remains healthy. Deere fundamentals were fine last quarter and this should continue.