UBS has upgraded Deere & Co (DE) to a Buy rating from Neutral, signaling a more favorable outlook on the company's future prospects. This upgrade, announced on October 16, 2025, comes as Deere continues to demonstrate strong performance in the machinery industry, which includes equipment for agriculture, construction, forestry, and turf care.
Currently priced at $477.95, Deere has a market capitalization of $128.5 billion and a trailing twelve-month (TTM) price-to-earnings (P/E) ratio of 24.68. The company's earnings per share (EPS) stands at 19.13, and it offers a notable dividend yield of 136.3%.
Deere's upcoming earnings reports are on the horizon, with estimates of $5.65 EPS and $11.2 billion in revenue for August 11, 2026, and $7.10 EPS with $12.1 billion in revenue expected for May 12, 2026.
The move underscores a shift in analyst sentiment, possibly reflecting improved fundamentals or stronger business performance. As analysts adjust their ratings over time, it’s important for investors to consider a variety of factors, including competitive positioning and industry trends, alongside these professional opinions.
As of November 1, 2025, the analyst consensus for Deere stands at 6 Strong Buy, 14 Buy, 12 Hold, 1 Sell, and 0 Strong Sell, reinforcing a general positive outlook from the market.