Deere & Co. stock holds near highs as earnings estimates improve
Published on 09/22/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Deere & Co. (ISIN US24419L1061) 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 fiscal Q3 2026 revenue at USD 12.61 billion, while improved fiscal 2027 earnings estimates have shifted attention toward the durability of the equipment cycle.
Revenue reaches USD 12.61 billion
According to Ad-hoc-news on September 20, 2026, Deere reported USD 12.61 billion in fiscal Q3 2026 revenue and earnings above analyst expectations. That quarterly figure provides the strongest current operating reference for the stock, because it links the recent valuation to a named reporting period rather than to an undated estimate.
The same report said Erste Group Bank raised its fiscal 2027 earnings-per-share forecast. According to Ad-hoc-news on September 21, 2026, that revision followed the latest quarterly report and pointed to higher expected profit in fiscal 2027.
Consensus leaves little margin
MarketBeat data cited on September 21, 2026 showed a Moderate Buy consensus based on 17 Buy ratings and 8 Hold ratings, with an average target of USD 680.73. According to Ad-hoc-news on September 22, 2026, the September 18 close was USD 2.60 above that average, a difference of 0.38 percent.
The comparison matters because the market price was already slightly above the average target while fiscal 2027 estimates were being raised. A separate valuation analysis published by GuruFocus on September 21, 2026 calculated an earnings-based intrinsic value of USD 562.50 against a price of USD 683.99, highlighting valuation as a counter-factor to the improved earnings outlook.
Stock remains near yearly high
The September 18 closing price of USD 683.33 stood below the USD 705.88 52-week high and above the USD 433.00 52-week low reported in the available market data. Market capitalization was USD 186.157 billion as of September 21, 2026, placing the company among the largest listed names in agricultural and heavy construction machinery.
For investors, the central numerical tension is clear: fiscal Q3 2026 revenue reached USD 12.61 billion and fiscal 2027 earnings estimates improved, but the closing price was already 0.38 percent above the cited average analyst target. The next valuation signal is therefore tied to whether future operating results can extend the earnings improvement beyond the reported quarter.
Deere stock stays above consensus
Deere & Co. stock closed at USD 683.33 on the NYSE on September 18, 2026, with a 0.10 percent daily decline. The stock was USD 2.60, or 0.38 percent, above the cited USD 680.73 average analyst target.
Deere & Co. stock facts
- Company: Deere & Co. Inc.
- ISIN: US24419L1061
- Ticker: DE
- Trading venue: NYSE
- Price as of September 18, 2026: USD 683.33
- Market capitalization: USD 186.157 billion as of September 21, 2026
- Sector / Industry: Industrials / Agricultural and Heavy Construction Machinery
