Wells Fargo has initiated coverage on Deere & Co (DE) with an Overweight rating, marking the firm's first assessment of the company. This rating reflects Wells Fargo's analysis of Deere's business, industry dynamics, and growth prospects.
Deere & Co, headquartered in Moline, Illinois, operates in the machinery industry. The company manufactures and distributes equipment for agriculture, construction, forestry, and turf care, employing approximately 75,800 full-time staff. Its segments include production and precision agriculture, small agriculture and turf, construction and forestry, and financial services.
As of November 13, 2025, Deere's stock is priced at $476.23, with a market capitalisation of $130.0 billion. The company's price-to-earnings ratio stands at 24.96, and it has a dividend yield of 134.8%. Upcoming earnings are scheduled for August 11, 2026, with an estimated EPS of $5.65 and revenue of $11.2 billion.
Analyst ratings serve as professional opinions based on research and financial models. While these assessments can provide useful perspectives, they are based on assumptions that may not materialise as anticipated. Investment decisions should consider various factors, including company fundamentals and industry trends, rather than relying solely on analyst views.
It is important to note that analyst ratings can change over time as new information becomes available. Recent actions include upgrades from RBC Capital and UBS, which highlight the growing consensus on Deere's performance potential.