Deere & Company (DE) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$575.79
Price Target
$680.54
Target Range
$458.00 — $793.00
Analyst Rating
Hold
Forward P/E32.3x
Trailing P/E31.1x
Forward PEG1.98
Implied Growth+18.6%
Median Target$730.00
Analyst Spread49.2%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$458
-20.5%
Consensus
$681
+18.2%
Bull Case
$793
+37.7%
Valuation Model TargetsConfidence: 65/100
Bear$247
Base$647
Bull$1372
DE Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Deere & Company (DE) has a Wall Street consensus price target of $680.54, based on estimates from 46 covering analysts. With the stock currently trading at $575.79, this represents a potential upside of +18.2%. The company has a market capitalization of $156.08B.
Analyst price targets range from a low of $458.00 to a high of $793.00, representing a 49% spread in expectations. The median target of $730.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Hold, with 19 analysts rating the stock as a Buy or Strong Buy,21 rating it Hold, and 6 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, DE trades at a trailing P/E of 31.1x and forward P/E of 32.3x. The forward PEG ratio of 1.98 indicates reasonable valuation for growth. Analysts expect EPS to grow +18.6% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $646.63, with bear and bull scenarios of $246.90 and $1372.26 respectively. Model confidence stands at 65/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+3.0%
Avg Forward P/E19.9x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 CNHCNH Industrial N.V. | $12.8B | $10.32 | $13.25 | +28.4% | Buy | 24.9x | 14 |
 AGCOAGCO Corporation | $8.3B | $114.55 | $127.29 | +11.1% | Buy | 19.8x | 29 |
 CATCaterpillar Inc. | $420.9B | $904.59 | $824.80 | -8.8% | Buy | 39.2x | 53 |
 TITNTitan Machinery Inc. | $499M | $21.36 | $21.00 | -1.7% | Hold | — | 17 |
 LNNLindsay Corporation | $1.1B | $109.71 | $128.00 | +16.7% | Hold | 21.7x | 15 |
 ASTEAstec Industries, Inc. | $1.4B | $62.70 | $36.00 | -42.6% | Buy | 16.8x | 12 |
 TEXTerex Corporation | $4.0B | $60.87 | $80.25 | +31.8% | Hold | 12.6x | 31 |
 CFCF Industries Holdings, Inc. | $20.0B | $128.04 | $108.89 | -15.0% | Buy | 9.1x | 41 |
 MOSThe Mosaic Company | $7.4B | $23.26 | $31.25 | +34.4% | Hold | 15.9x | 49 |
 ADMArcher-Daniels-Midland Company | $38.1B | $79.17 | $60.00 | -24.2% | Hold | 19.0x | 36 |
Upside Potential Comparison
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Start ComparisonDE — Frequently Asked Questions
Quick answers to the most common questions about buying DE stock.
What is the DE stock price target for 2026?
Deere & Company (DE) has a consensus 12-month price target of $680.54, implying 18.2% upside from $575.79. The 46 analysts covering DE see moderate appreciation potential.
Is DE a buy, sell, or hold?
DE has a consensus rating of "Hold" based on 46 Wall Street analysts. The rating breakdown is mixed, with 21 Hold ratings making up the largest segment. The consensus 12-month price target of $680.54 implies 18.2% upside from current levels.
Is DE stock overvalued or undervalued?
DE trades at a forward P/E of 32.2736x, representing a moderate valuation. With analysts targeting $680.54 (18.2% implied move), the stock appears reasonably valued with upside.
How high can DE stock go?
The most bullish Wall Street analyst has a price target of $793 for DE, while the most conservative target is $458. The consensus of $680.54 represents the median expectation. Our quantitative valuation model projects a bull case target of $1372 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover DE stock?
DE is heavily covered by Wall Street, with 46 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 19 have Buy ratings, 21 recommend Hold, and 6 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the DE stock forecast?
The 12-month DE stock forecast based on 46 Wall Street analysts shows a consensus price target of $680.54, with estimates ranging from $458 (bear case) to $793 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $647, with bear/bull scenarios of $247/$1372.
What is DE's fair value based on fundamentals?
Our quantitative valuation model calculates DE's fair value at $647 (base case), with a bear case of $247 and bull case of $1372. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 65/100.
What is DE's forward P/E ratio?
DE trades at a forward P/E ratio of 32.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 31.1x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy DE stock?
Wall Street analysts are optimistic on DE, with a "Hold" consensus rating and $680.54 price target (18.2% upside). 19 of 46 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do DE price targets vary so much?
DE analyst price targets range from $458 to $793, a 49% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $680.54 consensus represents the middle ground. Our model's $247-$1372 range provides an independent fundamental perspective.