DEERE & CO (DE) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does DEERE & CO Do?
Deere & Company manufactures and distributes various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments; turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications; other outdoor power products; and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments; and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. Deere & Company was founded in 1837 and is headquartered in Moline, Illinois. DEERE & CO (DE) is classified as a large-cap stock in the Industrials sector, specifically within the Machinery industry. The company is led by CEO John C. May and employs approximately 82,200 people, headquartered in Wilmington, Illinois. With a market capitalization of $154.2B, DE is one of the prominent companies in the Industrials sector.
DEERE & CO (DE) Stock Rating — Reduce (April 2026)
As of April 2026, DEERE & CO receives a Reduce rating with a composite score of 39.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.DE ranks #3,047 out of 4,446 stocks in our coverage universe. Within the Industrials sector, DEERE & CO ranks #512 of 752 stocks, placing it in the lower half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
DE Stock Price and 52-Week Range
DEERE & CO (DE) currently trades at $605.00. The stock lost $13.00 (2.1%) in the most recent trading session. The 52-week high for DE is $674.19, which means the stock is currently trading -10.3% from its annual peak. The 52-week low is $404.42, putting the stock 49.6% above its annual trough. Recent trading volume was 1.3M shares, reflecting moderate market activity.
Is DE Overvalued or Undervalued? — Valuation Analysis
DEERE & CO (DE) carries a value factor score of 40/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 33.87x, compared to the Industrials sector average of 28.33x — a premium of 20%. The price-to-book ratio stands at 5.91x, versus the sector average of 2.23x. The price-to-sales ratio is 3.63x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, DE trades at 27.45x EV/EBITDA, versus 5.70x for the sector.
Overall, DE's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
DEERE & CO Profitability — ROE, Margins, and Quality Score
DEERE & CO (DE) earns a quality factor score of 10/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 17.5%, compared to the Industrials sector average of 8.9%, which is within a healthy range. Return on assets (ROA) comes in at 4.4% versus the sector average of 3.3%.
On a margin basis, DEERE & CO reports gross margins of 38.0%, compared to 35.8% for the sector. The operating margin is 12.7% (sector: 6.2%). Net profit margin stands at 10.4%, versus 3.9% for the average Industrials stock. Revenue growth is running at -26.9% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
DE Debt, Balance Sheet, and Financial Health
DEERE & CO has a debt-to-equity ratio of 293.0%, compared to the Industrials sector average of 70.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.34x, suggesting adequate working capital coverage. Total debt on the balance sheet is $63.94B. Cash and equivalents stand at $8.28B.
DE has a beta of 0.74, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for DEERE & CO is 79/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
DEERE & CO Revenue and Earnings History — Quarterly Trend
In TTM 2026, DEERE & CO reported revenue of $42.90B and earnings per share (EPS) of $2.43. Net income for the quarter was $4.59B. Gross margin was 38.0%. Operating income came in at $5.67B.
In Q1 2026, DEERE & CO reported revenue of $9.61B and earnings per share (EPS) of $2.43. Net income for the quarter was $655M. Revenue grew 13.0% year-over-year compared to Q1 2025. Operating income came in at $836M.
In FY 2025, DEERE & CO reported revenue of $45.68B and earnings per share (EPS) of $18.55. Net income for the quarter was $5.00B. Revenue grew -11.7% year-over-year compared to FY 2024. Operating income came in at $6.26B.
In Q3 2025, DEERE & CO reported revenue of $12.02B and earnings per share (EPS) of $4.76. Net income for the quarter was $1.27B. Revenue grew -8.6% year-over-year compared to Q3 2024. Operating income came in at $1.60B.
Over the past 8 quarters, DEERE & CO has demonstrated a growth trajectory, with revenue expanding from $13.15B to $42.90B. Investors analyzing DE stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
DE Dividend Yield and Income Analysis
DEERE & CO (DE) currently pays a dividend yield of 1.2%. At this yield, a $10,000 investment in DE stock would generate approximately $$122.00 in annual dividend income. The net margin of 10.4% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.
DE Momentum and Technical Analysis Profile
DEERE & CO (DE) has a momentum factor score of 61/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 38/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 32/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
DE vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, DEERE & CO (DE) ranks #512 out of 752 stocks based on the Blank Capital composite score. This places DE in the lower half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing DE against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full DE vs S&P 500 (SPY) comparison to assess how DEERE & CO stacks up against the broader market across all factor dimensions.
DE Next Earnings Date
No upcoming earnings date has been announced for DEERE & CO (DE) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy DE? — Investment Thesis Summary
The quantitative profile for DEERE & CO suggests caution. The quality score of 10/100 flags below-average profitability. Price momentum is positive at 61/100, suggesting the trend favors buyers. Low volatility (stability score 79/100) reduces downside risk.
In summary, DEERE & CO (DE) earns a Reduce rating with a composite score of 39.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on DE stock.
Related Resources for DE Investors
Explore more research and tools: DE vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare DE head-to-head with peers: DE vs SOBO, DE vs TEN, DE vs GLDD.