Deere joins Yamaha collaboration and Deere stock yields 0.90 percent

Deere (ISIN US2441991054) was trading at EUR 607.50 at Lang & Schwarz on October 7, 2026 at 2:31 p.m. CEST, down 0.20 percent from the prior close of EUR 608.70. On October 6, 2026, Power Progress reported that Deere and Yamaha Motor agreed to develop certain future side-by-side vehicles. Deere stock carries a 0.90 percent dividend yield, according to Simply Wall St.

Yamaha adds a new vehicle avenue

The agreement combines Yamaha's powertrain and vehicle design expertise with Deere's vehicle development, US manufacturing capabilities and customer insights, Power Progress reported on October 6, 2026. The companies will retain their own brands, dealer networks, sales channels and customer relationships, while product details are scheduled for a later announcement.

The collaboration gives Deere an additional route into recreational and utility vehicles without changing the company's established agricultural, construction and forestry structure. For investors, the immediate value is strategic rather than financial because the announcement includes no product volume, launch date or revenue target.

Quarterly growth masks a split

Deere's fiscal third-quarter 2026 revenue rose 4.90 percent year over year to USD 12.61 billion, while net income increased 7.00 percent to USD 1.38 billion, according to Financial Report Insights on September 22, 2026. Diluted earnings per share reached USD 5.10, up 7.40 percent from USD 4.75 in the fiscal third quarter of 2025.

The headline growth was uneven. Production and Precision Agriculture sales fell 6.00 percent, while Small Agriculture and Turf sales increased 12.00 percent and Construction and Forestry sales rose 18.00 percent in fiscal third-quarter 2026, Financial Report Insights reported. That mix makes construction and smaller equipment central to the earnings story as large agricultural machinery remains under pressure.

Guidance remains the key test

Deere raised fiscal 2026 net income guidance to USD 4.75 billion to USD 5.00 billion, according to Financial Report Insights. The range is a concrete benchmark for the next reporting period, but the quarter's 7.00 percent net income growth also included a USD 110.00 million tariff refund, which limits how directly the result can be carried forward.

Bank of America raised its Deere price target from USD 667.00 to USD 715.00 on September 24, 2026, according to MarketBeat. The target sits in US dollars and therefore does not replace the euro reference price for German investors.

Stock stays below its recent high

Deere's primary listing is on the NYSE, where the stock's 52-week range was USD 433.00 to USD 721.22 in the quoted market context. The next earnings date is listed as November 25, 2026 by Simply Wall St, putting the Yamaha collaboration alongside a defined upcoming results event.

Deere was trading at EUR 607.50 at Lang & Schwarz on October 7, 2026 at 2:31 p.m. CEST, versus the Lang & Schwarz prior close of EUR 608.70 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Deere stock.

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