Deere & Co., US2441991054

Deere stock: Erste Group sets Deere stock estimate at USD 18.05

Published on 10/23/2026 at 16:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deere earned USD 1.38 billion in third-quarter 2026. Deere stock costs EUR 567.00 on October 23, 2026, up 0.85 percent versus Xetra close.

Analyst estimate and price

Erste Group forecasts USD 18.05 per share for Deere's fiscal 2026, down from USD 18.08.
Deere reported USD 5.10 earnings per share and USD 12.61 billion revenue for the third quarter of fiscal 2026.
Deere stock costs EUR 567.00 at Lang & Schwarz on October 23, 2026 at 4:12 p.m. CEST, 0.85 percent above the Xetra close of October 22, 2026.
Deere is scheduled to report fourth-quarter fiscal 2026 results on November 25, 2026, with a USD 4.06 earnings-per-share estimate.

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Erste Group Bank lowered its fiscal 2026 earnings estimate for Deere & Company to USD 18.05 per share from USD 18.08 on October 21, 2026, while the consensus estimate stood at USD 18.11, MarketBeat reported on October 23, 2026. Deere stock was trading at EUR 567.00 at Lang & Schwarz on October 23, 2026 at 4:12 p.m. CEST, up 0.85 percent versus the Xetra close of October 22, 2026 at EUR 562.20.

Quarterly earnings set the baseline

Deere's third-quarter fiscal 2026 results provide the operating reference for the revised estimate. The company reported USD 5.10 earnings per share and USD 12.61 billion in revenue, compared with analyst expectations of USD 4.69 earnings per share and USD 10.81 billion in revenue, according to MarketBeat. The same report said quarterly revenue increased 6.20 percent year over year, while net income reached USD 1.38 billion.

Price position and peer metrics

The primary-market quote placed Deere at USD 634.45 on the NYSE on October 23, 2026 at 10:29 a.m. ET, down 1.42 percent from the prior session. Its USD 454.50 to USD 721.22 52-week range put the quote 12.03 percent below the high. Deere's USD 171.1 billion market capitalization and 35.26 price-to-earnings ratio frame the valuation.

What does the estimate mean?

The revised USD 18.05 forecast is 0.33 percent below Erste Group Bank's earlier USD 18.08 estimate and 0.33 percent below the USD 18.11 consensus. At the primary-market quote of USD 634.45, the JPMorgan target of USD 625.00 from October 8, 2026 would leave the price 1.51 percent above that target, based on the dated analyst update carried by Benzinga.

Dates and peer valuation

Deere is scheduled to announce fourth-quarter fiscal 2026 results on November 25, 2026, before the market opens, with a USD 4.06 earnings-per-share estimate, according to Yahoo Finance.

Comparison with peers

Deere & Company (NYSE, USD): up 0.85 percent, P/E 35.26, market capitalization USD 171.1 billion.
CNH Industrial (NYSE, USD): down 2.63 percent, P/E 45.39, market capitalization USD 14.0 billion.
AGCO (NYSE, USD): down 2.08 percent, P/E 14.40, market capitalization USD 7.3 billion.

Price and the next report

Deere's euro quote was EUR 567.00 at Lang & Schwarz on October 23, 2026 at 4:12 p.m. CEST, 0.85 percent above the Xetra close of October 22, 2026 at EUR 562.20. On the NYSE, the stock was last at USD 634.45 on October 23, 2026 at 10:29 a.m. ET. The further course of trading is shown by the continuously updated real-time quote of Deere stock.