Deere & Co. stock holds near highs as forecasts improve
Published on 09/22/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Deere & Co. (ISIN US2441991054) closed at USD 683.33 on the New York Stock Exchange on September 18, 2026, down 0.10 percent from the prior session. The latest reporting update put third-quarter fiscal 2026 revenue at USD 12.61 billion, while an improved fiscal 2027 earnings forecast has shifted attention toward the durability of the equipment cycle.
Forecasts move higher
According to MarketBeat on September 21, 2026, Erste Group Bank lifted its fiscal 2027 earnings-per-share forecast after Deere's latest quarterly report. The change provides a concrete comparison with the previous forecast, although the source does not state the old and new EPS values.
The same September 21 coverage showed an average analyst target of USD 680.73 based on 25 recommendations, including 17 Buy ratings and 8 Hold ratings. Deere's September 18 close was USD 2.60 above that average, a gap of 0.38 percent calculated from the two published values.
Quarterly scale remains central
Deere reported USD 12.61 billion in revenue for Q3 2026, according to the September 20 reporting summary carried in the cited market coverage. The quarter also produced earnings above analyst expectations, while the available data identify Q3 fiscal 2026 revenue of USD 11 billion and earnings of USD 1.38 billion in a separate quarterly presentation, showing that the reported figures require careful distinction between data series.
For investors, the key issue is therefore not a single target price but the relationship between operating earnings and the unusually high share price. Yahoo Finance listed a current analyst average of USD 688.44 and a high target of USD 813.18 on September 21, 2026, while its displayed price range ran from USD 500.00 to USD 813.18. The spread between the average and high target is USD 124.74, or 18.1 percent of the average target.
Stock remains close to targets
Deere's September 18 close of USD 683.33 stood only USD 5.11 below the USD 688.44 average target shown in the September 21 market data. That 0.74 percent difference leaves forecast revisions and the next reported operating figures as the clearest measurable variables in the valuation discussion.
Yahoo Finance displayed a September 30, 2026 ex-dividend date for a cash dividend of USD 1.62 and an earnings date of November 25, 2026. These dates are presented as market-calendar data and provide the next visible corporate checkpoints after the September share-price reference.
USD 683.33 remains the reference
Deere stock closed at USD 683.33 on the NYSE on September 18, 2026, with a daily decline of 0.10 percent. The fact box records the same completed-session price and the market data available for the stock.
Deere & Co. stock data
- Company: Deere & Co.
- ISIN: US2441991054
- Ticker: DE
- Trading venue: New York Stock Exchange
- Price as of September 18, 2026: USD 683.33
- Market capitalization as of September 21, 2026: USD 186.157 billion
- Sector / Industry: Industrials / Agricultural and Heavy Construction Machinery
- Index membership: S&P 500
- Next earnings date: November 25, 2026
