Why did Deere & Company (DE) stock move recently?

On 9/2/2026, Deere & Company moved +3.3% — Deere shares extended their recent rally on continued momentum from Baird's Aug 31 upgrade to Outperform (PT raised to $800 from $640), which highlighted the company's cleanest exposure to an expected North American row-crop recovery in 2027; the move also followed strong Q3 results that included raised full-year net income guidance. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Deere & Company (DE) overvalued or fairly valued?

MarketChacha shows Deere & Company's valuation in context — a trailing P/E of about 34.1, a forward P/E of about 30.6, a price-to-book of about 6.7 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Deere & Company's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.13×) from reported figures — education, not a rating.

What is Deere & Company's revenue?

Deere & Company reported revenue of $45.7B for FY2025, with net profit of $5.0B, per official filings.

What is the share price of Deere & Company (DE)?

Deere & Company last traded at $693.53 (-0.1% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Deere & Company

DE · NYSE · Industrials · United States

Snapshot

TickerDE

ExchangeNYSE

SectorIndustrials

IndustryFarm & Heavy Construction Machinery

CountryUnited States

Employees73,100

HeadquartersMoline, United States

Websitewww.deere.com

Filings tracked17

About Deere & Company

Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts. The Small Agriculture and Turf segment offers specialty, utility, and compact tractors; self-propelled forage harvesters and attachments; rotary mowers, hay and forage equipment, and utility vehicles; turf and utility equipment, including riding lawn, commercial mowing, and golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-steer loaders, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, and log harvesters; and road building and rehabilitation equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties. Deere & Company has a strategic partnership with Tarter USA to develop and produce flex wing rotary cutters. The company was founded in 1837 and is headquartered in Moline, Illinois.

Who owns it

Insiders0.2%
Institutions84.6%
Public & other15.2%

3,368 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.6.88%
Vanguard Capital Management LLC6.15%
Capital World Investors4.27%
State Street Corporation4.03%
JPMORGAN CHASE & CO3.42%
Price (T.Rowe) Associates Inc2.80%
FMR, LLC2.78%
Capital International Investors2.38%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 5.6 points over the period — profitability is trending down.

Cash conversion1.13×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend16.6% → 11.0%

Margin has compressed by about 5.6 points over the period — profitability is trending down.

Return on equity19.4%

Latest ROE of 19.4% — capital is generating a healthy return.

Growth qualityrev -14% · PAT -30%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $8.5B · EPS 3.30

Est. earnings growth +38.5%

Next fiscal year

Rev $44.5B · EPS 22.67

Est. earnings growth +25.4%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$45.7B

Net margin

11.0%

ROE

19.4%

Revenue CAGR (2y)

-13.6%

Profit CAGR (2y)

-29.7%

EPS (FY2025)

18.50

Net profit (FY2025)

$5.0B

Ask MarketChacha about DE

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Sep 2, 2026
Deere shares extended their recent rally on continued momentum from Baird's Aug 31 upgrade to Outperform (PT raised to $800 from $640), which highlighted the company's cleanest exposure to an expected North American row-crop recovery in 2027; the move also followed strong Q3 results that included raised full-year net income guidance.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Sep 1, 2026
Deere shares rose on continued momentum from Baird's Aug 31 upgrade to Outperform (from Neutral) with a price target lifted to $800 (from $640), citing the company's leading North American row-crop exposure and expected 2027 ag equipment recovery.
source 1 ↗source 2 ↗source 3 ↗· confidence: high
Aug 20, 2026
Deere reported stronger-than-expected fiscal third-quarter results and raised the low end of its full-year profit outlook, easing concerns about the downturn in farm equipment demand.
source 1 ↗source 2 ↗· confidence: high
Jul 22, 2026
Deere shares rose amid positive sentiment around resilient equipment demand and supportive margins, with the stock trading near record levels; no specific new company catalyst or filing appears tied to today's move.
source 1 ↗source 2 ↗· confidence: low

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$45.7B	$5.0B	18.50	11.0%	19.4%
FY2024	$51.7B	$7.1B	25.62	13.7%	31.1%
FY2023	$61.3B	$10.2B	34.63	16.6%	46.7%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$13.4B	$1.8B	6.55	13.3%
2026Q1	$9.6B	$656.0M	2.42	6.8%
2025Q3	$12.0B	$1.3B	4.75	10.7%
2025Q2	$12.8B	$1.8B	6.64	14.1%
2025Q1	$8.5B	$869.0M	3.19	10.2%
2024Q3	$13.2B	$1.7B	6.29	13.2%
2024Q2	$15.2B	$2.4B	8.53	15.6%
2024Q1	$12.2B	$1.8B	6.23	14.4%
2023Q3	$15.8B	$3.0B	10.20	18.8%
2023Q2	$17.4B	$2.9B	9.65	16.4%
2023Q1	$12.7B	$2.0B	6.55	15.5%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Other events, Exhibits
SEC7/15/2026material
8-K — Executive/director change
SEC6/1/2026material
10-Q filing
SEC5/28/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC5/21/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC5/1/2026material
8-K — Executive/director change, Exhibits
SEC3/16/2026material
8-K — Shareholder vote results
SEC2/27/2026material
10-Q filing
SEC2/26/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/19/2026material
8-K — Executive/director change
SEC1/22/2026material

2025

10-K filing
SEC12/18/2025
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC12/4/2025material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC11/26/2025material
8-K — Other events, Exhibits
SEC10/9/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC9/2/2025material
10-Q filing
SEC8/28/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC8/14/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.