Deere & Co. (DE) call put ratio 1.2 calls to 1 put with focus on August options into quarter results

DA Davidson Reiterates Buy Rating on Deere (DE)

DA Davidson analyst Michael Shlisky reiterated a Buy rating and $465.00 price target on Deere (NYSE: DE)

The analyst comments "We are maintaining our BUY rating and $465 price target on DE following F3Q:24 earnings. DE was again able to beat expectations, and maintained... More

Deere (DE) PT Raised to $410 at BofA Securities

BofA Securities analyst Ross Gilardi raised the price target on Deere (NYSE: DE) to $410.00 (from $400.00) while maintaining a Neutral rating.

The analyst comments "DE shares jumped 6% (vs SPX +2%) on a better than feared result as investors braced for a guidance cut that did... More

BMO Capital Reiterates Market Perform Rating on Deere (DE)

BMO Capital analyst Joel Jackson reiterated a Market Perform rating and $400.00 price target on Deere (NYSE: DE).

The analyst comments "Strong quarter amid challenging dynamic as Deere beat FQ3 ($6.29 EPS vs. $5.72 consensus) and held ~$7B net income FY2024 (Oct) guidance. This was on slightly... More

Oppenheimer Reiterates Outperform Rating on Deere (DE)

Oppenheimer analyst Noah Kaye reiterated an Outperform rating and $448.00 price target on Deere (NYSE: DE).

The analyst comments "DE beat top and bottom line while maintaining its full year net income outlook. Both Ag segments beat on top-line and margins, while CF was modestly below consensus on sales and well below on margin.... More

Citi Reiterates Neutral Rating on Deere (DE)

Citi analyst Kyle Menges reiterated a Neutral rating and $370.00 price target on Deere (NYSE: DE).

The analyst comments "DE reported its fiscal 3Q24 results, with adj. EPS coming in at $6.29, above our estimate of $5.45 and the Factset consensus estimate of $5.68. The beat to our... More

Deere stock gains as Q3 results top estimates, outlook steady

(Updated - August 15, 2024 9:51 AM EDT)

Deere & Co. (NYSE: DE) reported third-quarter earnings on Thursday, surpassing analyst consensus expectations, driving its stock up over 5% in early trading.

The agricultural and construction equipment manufacturer posted adjusted earnings per share of $6.29, beating the analyst consensus of $5.70. Revenue for the quarter came in at $11.39 billion, exceeding estimates of $10.95 billion, despite a 20.3% YoY decline.

Deere maintained its full-year net income forecast of approximately $7 billion, demonstrating resilience in the face of challenging market conditions.

"John Deere's third-quarter results showcase our disciplined execution in the face of... More