Deere & Co. (DE) Stock Forecast & Predictions

Deere & Co. DE: $328.97

1 John Deere Pl, Moline, Illinois, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.deere.com

  • Market Cap$102.62B
  • Change (52 Weeks)115.38%
  • Low (52 Weeks)$146.15
  • Deere & Co. (DE) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Deere & Co. (DE) stock price is $328.97 and the 52 weeks low is $146.15, which means the Deere & Co. stock price is up 115.38% in the last 12 months.

    Deere & Co. (DE) Stock Price has been Trending Strongly with an ADX reading of 46.68 as per the Weekly Chart.

    A Upward trend indicates that Deere & Co. (DE) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that DE Stock price might rise further, 25.00% indicating that DE Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall DE stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Deere & Co. (DE) Stock Forecast By Analysts


    Moderate Buy
    Analysts Recommendations for Deere & Co. (DE) is based on 32 Institutional Analyst Ratings where 34.38% are on Strong Buy, 34.38% on Moderate Buy, 25.00% remains on Hold, 3.13% are on Moderate Sell and 3.13% are on Strong Sell.

    Out of 32 Institutional Analysts, majority recommended DE stock as Moderate Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Deere & Co..

    Deere & Co. (DE) Stock Price Prediction By Analysts


    HighLowAverage
    $487.20$248.46$419.11
    $419.1127.4% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for DE set by the institutional analysts is $419.11 where High Estimate is $487.20, Median $433.5 and Low $248.46.

    The average price target for DE by Institutional Analysts is $419.11, which is 27.4% Upside from the current price. So according to the Institutional Analysts, DE Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Deere & Co. (DE) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 433,085 investor portfolio.

    Our algorithm has analysed 433,085 investor portfolio with DE stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about DE and holding their positions hoping for a further rise in the stock price and more profit.

    Deere & Co. (DE) Stock Forecast Based on News Sentiment


    Bullish
    Based on 14 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about DE, it shows that Deere & Co. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that DE stock price may surge in the next few weeks.

    Deere & Co. (DE) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    JefferiesBuyMaintained
    StifelBuyMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalMarket PerformMaintained
    CitigroupBuyMaintained
    BMO CapitalMarket PerformDowngraded
    Wolfe ResearchOutperformInitiated
    Deutsche BankHoldMaintained
    Morgan StanleyOverweightMaintained
    CitigroupNeutralMaintained
    StifelBuyMaintained
    Argus ResearchBuyMaintained
    OppenheimerOutperformMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    BairdOutperformMaintained
    BMO CapitalOutperformMaintained
    Vertical ResearchBuyInitiated
    OppenheimerOutperformInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    B of A SecuritiesBuyMaintained
    Morgan StanleyOverweightMaintained
    BernsteinMarket PerformInitiated
    B of A SecuritiesBuyMaintained
    Wells FargoEqual-WeightMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    B of A SecuritiesBuyUpgraded
    CitigroupNeutralMaintained
    Wells FargoEqual-WeightMaintained
    BMO CapitalOutperformMaintained
    JP MorganUnderweightDowngraded
    Deutsche BankHoldDowngraded
    JefferiesBuyMaintained
    CitigroupNeutralMaintained
    William BlairOutperformUpgraded
    Morgan StanleyOverweightMaintained
    CitigroupNeutralMaintained
    Wells FargoEqual-WeightMaintained
    CitigroupNeutralDowngraded
    BairdNeutralDowngraded
    CitigroupBuyMaintained
    Wells FargoEqual-WeightMaintained
    JP MorganNeutralUpgraded
    Morgan StanleyOverweightMaintained
    Goldman SachsBuyMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    BMO CapitalOutperformMaintained
    Bank of AmericaUnderperformDowngraded
    Morgan StanleyOverweightMaintained
    DZ BankSellDowngraded
    CitigroupBuyMaintained
    Deutsche BankHoldMaintained
    Bank of AmericaNeutralDowngraded
    UBSNeutralMaintained
    Morgan StanleyOverweightMaintained
    BairdOutperformMaintained
    Wells FargoMarket PerformDowngraded
    Wells FargoOutperformMaintained
    UBSNeutralMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformReiterated
    Bank of AmericaBuyReiterated
    Stephens & Co.Equal-WeightInitiated
    Deutsche BankHoldMaintained
    Bank of AmericaBuyUpgraded
    UBSNeutralDowngraded
    Wells FargoOutperformMaintained
    JefferiesBuyUpgraded
    Morgan StanleyOverweightMaintained
    BairdOutperformUpgraded
    UBSBuyMaintained
    Vertical ResearchHoldDowngraded
    Stifel NicolausBuyMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    JP MorganUnderweightDowngraded
    BairdNeutralDowngraded
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    Bank of AmericaNeutralDowngraded
    Wells FargoOutperformMaintained
    Stifel NicolausBuyMaintained
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    CitigroupBuyMaintained
    UBSBuyUpgraded
    Evercore ISI GroupOutperformUpgraded
    Bank of AmericaBuyUpgraded
    Morgan StanleyOverweightInitiated
    BMO CapitalOutperformMaintained
    UBSNeutralMaintained
    JP MorganNeutralMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    RBC CapitalOutperformUpgraded
    BarclaysOverweightInitiated
    BMO CapitalOutperformMaintained
    Deutsche BankBuyUpgraded
    BairdOutperformUpgraded
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    Bank of AmericaNeutralMaintained
    BairdNeutralDowngraded
    BMO CapitalOutperformMaintained
    Bank of AmericaNeutralDowngraded
    JP MorganNeutralUpgraded
    William BlairMarket PerformUpgraded
    Stifel NicolausBuyInitiated
    BerenbergSellInitiated
    Aegis CapitalHoldInitiated
    Bank of AmericaBuyUpgraded
    PiperJaffrayNeutralUpgraded
    JefferiesHoldMaintained
    BMO CapitalOutperformMaintained
    BairdOutperformUpgraded
    BarclaysUnderweightMaintained
    Wells FargoOutperformUpgraded
    Deutsche BankHoldInitiated
    Argus ResearchBuyMaintained
    ArgusBuyMaintained
    UBSNeutralMaintained
    PiperJaffrayUnderweightMaintained
    Morgan StanleyUnderweightMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    BarclaysUnderweightMaintained
    UBSNeutralDowngraded
    PiperJaffrayUnderweightDowngraded
    Goldman SachsBuyUpgraded
    UBSBuyUpgraded
    BMO CapitalOutperformUpgraded
    MacquarieUnderperformMaintained
    Credit SuisseOutperformMaintained
    BarclaysUnderweightMaintained
    UBSNeutralUpgraded
    Deutsche BankBuyMaintained
    Societe GeneraleHoldInitiated
    Deutsche BankBuyMaintained
    BarclaysUnderweightMaintained
    Avondale PartnersMarket OutperformInitiated
    BMO CapitalMarket PerformMaintained
    BarclaysUnderweightInitiated
    JefferiesHoldMaintained
    UBSSellMaintained
    RBC CapitalSector PerformMaintained
    PiperJaffrayNeutralMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    BMO CapitalMarket PerformMaintained
    Goldman SachsNeutralUpgraded
    BairdNeutralDowngraded
    JP MorganUnderweightDowngraded
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    Credit SuisseOutperformMaintained
    Wells FargoMarket PerformUpgraded
    JP MorganNeutralUpgraded
    BairdOutperformUpgraded
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Stifel NicolausHoldInitiated
    CitigroupBuyMaintained
    Bank of AmericaUnderperformDowngraded
    Credit SuisseOutperformMaintained
    Deutsche BankBuyMaintained
    MacquarieUnderperformDowngraded
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    JP MorganMaintained
    Seaport GlobalNeutralInitiated
    Credit SuisseOutperformMaintained
    Longbow ResearchUnderperformDowngraded
    BarclaysOverweightMaintained
    ISI GroupNeutralUpgraded
    Deutsche BankInitiated
    BMO CapitalMarket PerformDowngraded
    BarclaysOverweightMaintained
    Bank of AmericaNeutralDowngraded
    ISI GroupCautiousDowngraded
    UBSSellMaintained
    Morgan StanleyUnderweightInitiated
    Credit SuisseOutperformMaintained
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    UBSSellDowngraded
    ISI GroupNeutralDowngraded
    William BlairUnderperformDowngraded
    CLSAUnderperformDowngraded
    Longbow ResearchNeutralDowngraded
    PiperJaffrayNeutralDowngraded
    JP MorganUnderweightDowngraded
    Goldman SachsSellDowngraded
    Credit SuisseOutperformMaintained
    Wells FargoUnderperformDowngraded
    UBSNeutralDowngraded
    JefferiesHoldMaintained
    Credit SuisseOutperformMaintained
    BMO CapitalOutperformMaintained
    JP MorganNeutralMaintained
    JP MorganNeutralUpgraded
    ISI GroupBuyUpgraded
    JefferiesHoldMaintained
    PiperJaffrayOverweightMaintained
    PiperJaffrayOverweightMaintained
    PiperJaffrayOverweightMaintained
    ISI GroupHoldMaintained
    Goldman SachsNeutralMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    PiperJaffrayOverweightUpgraded
    BMO CapitalOutperformInitiated
    JefferiesHoldMaintained
    JP MorganUnderweightDowngraded
    UBSBuyMaintained
    Credit SuisseOutperformMaintained
    CitigroupBuyMaintained
    PiperJaffrayNeutralMaintained
    JP MorganOverweightMaintained
    UBSBuyMaintained
    JefferiesHoldMaintained

    Deere & Co. (DE) Stock Earning Per Share (EPS) Forecast / Estimate


    $4.646
    The average consensus EPS for DE is $4.646 with a high estimate of $5.240 and Low of $4.047 for the period 2021-09-30 and based on 21 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $5.68$4.65387992021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$4.6538799000000012021-09-30
    $5.68$4.65387992021-06-30
    $3.87$2.22977492021-03-31
    $2.39$1.53527682020-12-31
    $2.57$1.299862020-09-30
    $2.11$1.66884719999999992020-06-30
    $1.63$1.28859182020-03-31
    $2.14$2.19504332019-12-31
    $2.71$2.93670512019-09-30
    $3.52$3.7239652019-06-30
    $1.54$1.80856672019-03-31
    $2.3$2.521442018-12-31
    $2.59$2.82752512018-09-30
    $3.14$3.41336850000000022018-06-30
    $1.31$1.2334252018-03-31
    $1.57$1.51340992017-12-31
    $1.97$2.00981842017-09-30
    $2.49$1.72667142017-06-30
    $0.61$0.56274052017-03-31
    $0.9$0.41449262016-12-31
    $1.55$0.97123852016-09-30
    $1.56$1.51876592016-06-30
    $0.8$0.7250172016-03-31
    $1.08$0.76838000000000012015-12-31
    $1.53$1.48237600000000012015-09-30
    $2.03$1.59606742015-06-30
    $1.12$0.85063582015-03-31
    $2.11$1.61818150000000022014-12-31
    $2.33$2.26090152014-09-30
    $2.65$2.55733552014-06-30
    $1.81$1.57053370000000012014-03-31
    $2.11$1.9463912013-12-31
    $2.56$2.23349322013-09-30
    $2.76$2.80397932013-06-30
    $1.65$1.44643932013-03-31
    $1.75$1.93868662012-12-31
    $1.98$2.38158662012-09-30
    $2.61$2.60711542012-06-30
    $1.3$1.27780772012-03-31
    $1.62$1.47518662011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).