Deere & Company stock edges lower as Erste Group lifts FY2027 EPS estimates
Published on 09/21/2026 at 14:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Deere & Company stock (ISIN US2441991054) is trading close to its recent highs, with the shares closing at USD 683.33 on the New York Stock Exchange on September 18, 2026, down 0.10% from the prior session as investors digest fresh earnings forecasts and robust quarterly results, according to price data cited by MarketBeat and American Banking News on September 21, 2026.
Analyst raises FY2027 earnings outlook
According to MarketBeat on September 21, 2026, analysts at Erste Group Bank have lifted their forecast for Deere's fiscal 2027 earnings per share, signaling increased confidence in the company's profit trajectory following its latest quarterly report.
The MarketBeat overview notes that Deere & Company stock carries an average rating of Moderate Buy from 17 Buy and 8 Hold recommendations, with an average analyst target price of USD 680.73 as of September 21, 2026, underscoring that the stock is trading broadly in line with consensus expectations while analysts still see upside at current levels.
Q3 2026 results underpin valuation
As summarized by Ad-hoc-news on September 20, 2026, Deere & Company reported revenue of USD 12.61 billion in Q3 2026, reflecting solid top-line momentum in its equipment operations.
In the same Q3 2026 report, Deere delivered earnings that came in above analyst expectations, according to the MarketBeat summary cited by Ad-hoc-news, highlighting that operational performance and cost discipline helped the company exceed the consensus forecast for the quarter.
Per a recent price snapshot referenced by Ad-hoc-news, the shares closed at USD 683.99 on September 18, 2026 on the New York Stock Exchange, representing a decline of 0.24% versus the prior close, a move that corresponds to a USD 1.64 drop on the day and shows the stock consolidating near the upper end of its recent trading range.
Stock near upper trading range
Per the MarketBeat and American Banking News coverage of Deere & Company as of September 21, 2026, the closing price of USD 683.33 on September 18, 2026 places the stock close to analysts' average target of USD 680.73, illustrating that the market has already priced in much of the expected earnings strength and leaving investors focused on incremental guidance changes and sector conditions.
The same Ad-hoc-news report points out that Deere & Company stock has achieved a year-to-date performance of 46.9% as of September 18, 2026, underscoring that the shares have significantly outperformed over the course of 2026 and now trade near the upper band of their recent range, a context that makes the upward revision in FY2027 earnings expectations by Erste Group Bank particularly relevant for valuation debates.
According to MarketBeat on September 21, 2026, Deere & Company shares ended regular trading at USD 683.33 on September 18, 2026, before moving slightly higher in extended trading to USD 686.94, a modest 0.53% uptick that signals continued investor interest ahead of the next data points on orders and farm equipment demand.
Price level and market data
In regular New York Stock Exchange trading, Deere & Company stock closed at USD 683.33 on September 18, 2026, a 0.10% decline compared with the prior session, with extended trading later showing a level of USD 686.94 on the same date in United States trading, according to MarketBeat and American Banking News data cited on September 21, 2026.
Key data on Deere & Company stock
- Company: Deere & Company Inc.
- ISIN: US2441991054
- Ticker: DE
- Trading venue: NYSE
- Price (as of September 18, 2026): 683.33 USD
- Sector / Industry: Industrials / Agricultural & Construction Machinery
- Index membership: S&P 500
