Farm risks pressure Deere as JPMorgan raises target for Deere & Co. stock
Published on 10/13/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Farm-supply and regulatory risks shaped Deere stock news on October 9, 2026.
- JPMorgan raised its Deere target from USD 585.00 to USD 625.00 on October 8, 2026.
- Fiscal third-quarter revenue rose 4.90 percent to USD 12.61 billion, while net income increased 7.00 percent to USD 1.38 billion.
- Deere stock was EUR 568.00 at Lang & Schwarz on October 13, 2026, plus 0.21 percent versus the October 12 Xetra close.
Farm-supply and regulatory risks shaped Deere & Co. stock news on October 9, 2026, while JPMorgan raised its target from USD 585.00 to USD 625.00 on October 8, 2026. Investing.com linked the market pressure to weaker crop economics and a joint inquiry into agricultural equipment competition, while Markets Insider reported the target change.
Three dates define the setup
On August 2, 2026, Deere's fiscal third quarter produced USD 12.61 billion in revenue and USD 1.38 billion in net income. Financial Report Insights reported that revenue increased 4.90 percent year over year and diluted earnings per share reached USD 5.10.
On October 8, 2026, JPMorgan kept a Neutral rating while increasing its price target to USD 625.00 from USD 585.00. On October 9, 2026, Deere shares fell 4.30 percent in U.S. trading to USD 624.59 as crop-supply concerns and regulatory scrutiny hit farm-equipment stocks, according to Investing.com.
What does the earnings mix mean?
The headline revenue growth masks a split in Deere's equipment portfolio. Production and Precision Agriculture sales fell 6.00 percent in the fiscal third quarter, while Small Agriculture and Turf sales rose 12.00 percent and Construction and Forestry sales increased 18.00 percent, according to Financial Report Insights.
Deere also raised fiscal 2026 net income guidance to USD 4.75 billion to USD 5.00 billion. The same report said a USD 110.00 million tariff refund contributed to the fiscal third-quarter result, making the quality of the margin improvement as important as the headline 7.00 percent net-income growth.
Stock stays below its yearly high
Deere's Lang & Schwarz price was EUR 568.00 on October 13, 2026 at 11:33 a.m. CEST, or plus 0.21 percent versus the Xetra close of October 12, 2026 at EUR 566.80. The EUR 375.00 to EUR 631.60 52-week range places the quote 10.08 percent below its high, while the market capitalization was EUR 153.8 billion on October 13, 2026.
The further course of trading is shown by the continuously updated real-time quote of Deere & Co. stock.
Deere & Co. stock facts
- Company: Deere & Company
- ISIN: US2441991054
- Ticker: DE
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 11:33 a.m. CEST): EUR 568.00
- Change versus Xetra close: plus 0.21 percent
- Xetra close (October 12, 2026): EUR 566.80
- Market capitalization: EUR 153.8 billion (as of October 13, 2026)
- 52-week range: EUR 375.00-631.60
- Sector / Industry: Industrials / Agricultural Machinery
Market context: Market report S&P 500.
