Deere & Co. stock gains support from strong Q3 2026 earnings and upbeat forecasts
Published on 09/21/2026 at 17:57 | Editorial responsibility: Rafael MĂĽller, Editor-in-Chief AD HOC NEWS
Deere & Co. stock (ISIN US24419L1061) closed at USD 683.33 on the New York Stock Exchange on September 18, 2026, edging 0.10% lower from the prior session while remaining close to analysts’ average target of USD 680.73, according to data compiled by MarketBeat on September 21, 2026.
Q3 2026 earnings beat and dividend underpin sentiment
Investor confidence in Deere & Co. stock has been supported by a solid Q3 2026 earnings report, with the company generating revenue of USD 12.61 billion in the quarter and coming in ahead of consensus profit expectations, as summarized by Ad-hoc-news on September 20, 2026.
According to the same overview of the Q3 2026 figures, Deere & Co. coupled the earnings beat with a dividend announcement, which together have strengthened sentiment around the shares and helped drive substantial price gains in the weeks following the report, as noted by Ad-hoc-news on September 20, 2026.
Analyst forecasts and valuation shape expectations
Fresh forward-looking estimates have added another support for Deere & Co. stock, with Erste Group Bank recently lifting its FY2027 earnings per share forecasts for the company, according to a report published by MarketBeat on September 21, 2026.
The same MarketBeat overview notes that Deere & Co. stock carries an average analyst rating of Moderate Buy and an average target price of USD 680.73, placing the September 18, 2026 closing level of USD 683.33 only slightly above the consensus view and suggesting that much of the expected earnings strength is already reflected in the valuation, according to MarketBeat on September 21, 2026.
Price level, trading range and market metrics
Recent trading data show Deere & Co. stock consolidating close to its upper trading band, with price snapshots indicating a regular-session closing price of USD 683.99 on the New York Stock Exchange on September 18, 2026, representing a 0.24% decline versus the prior close and corresponding to a USD 1.64 drop on the day, as cited by Yahoo Finance and by Ad-hoc-news.
Within a broader context of valuation, a discounted cash flow analysis highlighted by GuruFocus on September 21, 2026 places Deere & Co.’s earnings-based intrinsic value at USD 562.50 per share compared with a contemporaneous price of USD 683.99, implying that the stock trades roughly USD 121.49 above this intrinsic estimate and pointing to a margin of safety of negative 21.6% at that point.
Stock remains near highs as investors watch next data points
For investors, the takeaway is that Deere & Co. stock is trading close to both its recent highs and the average analyst target, with Q3 2026 revenue of USD 12.61 billion and raised FY2027 earnings estimates underpinning the fundamental story while valuation analyses such as the GuruFocus DCF work highlight a degree of optimism in the current price level.
Key data on Deere & Co. stock
- Company: Deere & Company Inc.
- ISIN: US24419L1061
- Ticker: DE
- Trading venue: New York Stock Exchange
- Price (as of September 18, 2026, 16:00): 683.99 USD
- Market capitalization: 196,000,000,000 USD (as of September 18, 2026)
- Sector / Industry: Industrials / Agricultural and construction machinery
- Index membership: S&P 500
