Deere & Co. stock gains 2.69 percent as analysts raise targets

Deere & Co. (ISIN US2441991054) closed at USD 703.12 on the NYSE on September 22, 2026, up USD 18.39, or 2.69 percent. The immediate market story is a more constructive analyst view, with Evercore raising its rating to Outperform and setting an USD 813 price objective on September 2, 2026, according to MarketBeat.

Analyst target moves higher

The USD 813 objective is USD 109.88 above the September 22 closing price, a premium of 15.63 percent based on those two reported figures. The same MarketBeat report cited a Moderate Buy consensus and an average price target of USD 680.73.

That consensus target sits USD 22.39 below the latest closing price, showing that Evercore's USD 813 view is more optimistic than the broader average. MarketBeat also reported that 17 analysts carried Buy ratings while eight held neutral ratings in the September 23, 2026 overview.

Sales and earnings remain the test

The valuation case faces a quantified counterpoint. A September 23, 2026 analysis by Simply Wall St modeled fiscal 2029 earnings of about USD 6.9 billion on roughly USD 48.1 billion of revenue and highlighted concern that equipment sticker prices could soften.

The comparison matters because the bullish target depends on earnings resilience while the downside case points to lower pricing power. Current market data also show a split in the evidence: Deere's September 22 price gain was 2.69 percent, while the consensus target reported on September 23 was below that close.

Deere stock closes at USD 703.12

Deere & Co. stock closed at USD 703.12 on the NYSE on September 22, 2026, with a daily change of 2.69 percent. The closing figure is the reference price for this article, while the analyst targets provide the principal valuation comparison.

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