Deere & Company (DE) is up 7.5% today. Here is some analysis on what might have caused this price movement.

Analysis: Deere appears to be moving higher after posting a stronger fiscal third quarter than investors expected and tightening its full-year profit outlook upward. The reaction also suggests investors were encouraged by management’s view that 2026 is shaping up to be the bottom of the current agricultural equipment cycle.

Details:

  • Deere reported fiscal third-quarter net income of $1.379 billion, or $5.10 per share, up from $1.289 billion, or $4.75 per share, a year earlier.
  • Worldwide net sales and revenues increased 5% to $12.608 billion, while equipment net sales rose to $10.999 billion from $10.357 billion.
  • The company improved its fiscal 2026 net income guidance to $4.75 billion to $5.00 billion, compared with its earlier range of $4.5 billion to $5.0 billion.
  • Management also highlighted early order-program trends, improving used-equipment inventories, and resilient demand in parts of the portfolio, which likely reinforced confidence in a cyclical recovery.

    • Sources:

    Deere & Company, John Deere Investor Relations, Investing.com

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $DE Hedge Fund Activity

    We have seen 1,217 institutional investors add shares of $DE stock to their portfolio, and 1,130 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

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    To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

    $DE Government Contracts

    We have seen $11,499,479 of award payments to $DE over the last year.

    Here are some of the awards which we have have seen pay out the most over the last year:

    To track government contracts to publicy traded companies, check out Quiver Quantitative’s government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

    $DE Congressional Stock Trading

    Members of Congress have traded $DE stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

    Here’s a breakdown of recent trading of $DE stock by members of Congress over the last 6 months:

    To track congressional stock trading, check out Quiver Quantitative’s congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

    $DE Price Targets

    Multiple analysts have issued price targets for $DE recently. We have seen 10 analysts offer price targets for $DE in the last 6 months, with a median target of $640.5.

    Here are some recent targets:

    • Jamie Cook from Truist Securities set a target price of $812.0 on 07/02/2026
    • Tami Zakaria from JP Morgan set a target price of $590.0 on 06/04/2026
    • Sabahat Khan from RBC Capital set a target price of $752.0 on 06/01/2026
    • Ross Gilardi from B of A Securities set a target price of $607.5 on 05/22/2026
    • Michael Shlisky from DA Davidson set a target price of $685.0 on 05/22/2026
    • Stephen Volkmann from Jefferies set a target price of $550.0 on 04/08/2026
    • Adam Seiden from Barclays set a target price of $640.0 on 04/01/2026
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    This article is not financial advice. See Quiver Quantitative’s disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.


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