RBC Capital has initiated coverage on Deere & Co (DE) with an Outperform rating, effective October 21, 2025. This marks the firm's initial assessment of the company, reflecting its research and analysis of Deere's business dynamics and growth prospects.
Deere & Co, headquartered in Moline, Illinois, engages in the manufacture and distribution of machinery used in agriculture, construction, forestry, and turf care. The company operates through several segments, including production and precision agriculture, small agriculture and turf, construction and forestry, and financial services. As of November 8, 2025, Deere has a market capitalization of $128.5 billion, a P/E ratio of 24.68, and an EPS of 19.13. The company also boasts a dividend yield of 136.3%.
Upcoming earnings reports are scheduled for May 12, 2026, with an estimated EPS of $7.10 and revenue of $12.1 billion, and August 11, 2026, with an estimated EPS of $5.65 and revenue of $11.2 billion.
Analyst ratings provide insights based on professional research and financial models. While these assessments can be informative, they are based on assumptions that may not always hold true. Investors should consider various factors, including company fundamentals and industry trends, when making decisions.
Analyst consensus as of November 1, 2025, includes 6 Strong Buy, 14 Buy, 12 Hold, 1 Sell, and no Strong Sell ratings, indicating a consensus rating of Buy. Recent analyst actions have included RBC Capital's initiation and UBS's upgrade to Buy from Neutral on October 17, 2025.