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NYSE: DE
Deere & Co Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DE

Based on 13 analysts offering 12 month price targets for Deere & Co.
Min Forecast
$345.00+1.01%
Avg Forecast
$409.62+19.93%
Max Forecast
$485.00+42%

Should I buy or sell DE stock?

Based on 13 analysts offering ratings for Deere & Co.
Strong Buy
Strong Buy
6 analysts 46.15%
Buy
4 analysts 30.77%
Hold
3 analysts 23.08%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

DE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Deutsche Bank
Top 22%
79
HoldMaintains$398.00+16.53%2021-11-29
Morgan Stanley
Top 34%
67
Strong BuyMaintains$485.00+42.00%2021-11-26
Credit Suisse
Bottom 1%
1
BuyMaintains$463.00+35.56%2021-11-26
Evercore ISI Group
Top 41%
60
HoldDowngrades$354.00+3.65%2021-10-14
Jefferies
Top 32%
69
Strong BuyMaintains$450.00+31.75%2021-05-25
BMO Capital
Top 43%
58
HoldMaintains$425.00+24.43%2021-05-24
Stifel Nicolaus
Top 28%
73
Strong BuyMaintains$430.00+25.90%2021-05-24
Anonymous
Morgan Stanley
Strong BuyMaintains$450.00+31.75%2021-05-24
Citigroup
Top 7%
94
Strong BuyMaintains$415.00+21.50%2021-05-14
Wolfe Research
Bottom 3%
3
BuyInitiates Coverage On$425.00+24.43%2021-04-13

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Forecast return on equity

Is DE forecast to generate an efficient return?
Company
48.86%
Industry
25.66%
Market
37.5%
DE's Return on Equity is forecast to be high in 3 years (48.86%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is DE forecast to generate an efficient return on assets?
Company
9.53%
Industry
8.62%
DE is forecast to generate higher Return on Assets (9.53%) than the US Industrials industry average (8.62%)
Forecast

DE earnings per share forecast

What is DE's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$22.19+27.68%
Avg 2 year Forecast
$23.66+36.13%
Avg 3 year Forecast
$24.79+42.64%
DE's earnings are forecast to grow at a rate of 12.86% per year, which is not exceptional
Forecast

DE revenue forecast

What is DE's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$45.8B+7.94%
Avg 2 year Forecast
$49.4B+16.34%
Avg 3 year Forecast
$48.6B+14.51%
DE's revenue is forecast to grow at a rate of 6.16% per year, which is not exceptional
Forecast

DE earnings growth forecast

How is DE forecast to perform vs Industrials companies and vs the US market?
Company
12.86%
Industry
16.66%
Market
14.37%
DE's earnings are forecast to grow slower (12.86% per year) than the US Industrials industry average (16.66%)
Forecast
DE's earnings are forecast to grow slower (12.86% per year) than the US market average (14.37%)
Forecast
DE's earnings are forecast to grow faster (12.86% per year) than the risk-free savings rate (1.4%)
Forecast

DE revenue growth forecast

How is DE forecast to perform vs Industrials companies and vs the US market?
Company
6.16%
Industry
11.31%
Market
10.08%
DE's revenues are forecast to grow slower (6.16% per year) than the US Industrials industry average (11.31%)
Forecast
DE's revenues are forecast to grow slower (6.16% per year) than the US market average (10.08%)
Forecast

Deere & Stock Forecast FAQ

Is Deere & Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: DE) stock is to Strong Buy DE stock.

Out of 13 analysts, 6 (46.15%) are recommending DE as a Strong Buy, 4 (30.77%) are recommending DE as a Buy, 3 (23.08%) are recommending DE as a Hold, 0 (0%) are recommending DE as a Sell, and 0 (0%) are recommending DE as a Strong Sell.

What is DE's earnings growth forecast for 2022-2024?

(NYSE: DE) Deere &'s forecast annual earnings growth rate of 12.86% is not forecast to beat the US Industrials industry's average forecast earnings growth rate of 16.66%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Deere &'s earnings in 2021 is $5,438,000,000.On average, 10 Wall Street analysts forecast DE's earnings for 2022 to be $6,880,264,197, with the lowest DE earnings forecast at $5,857,061,319, and the highest DE earnings forecast at $7,348,457,029. On average, 6 Wall Street analysts forecast DE's earnings for 2023 to be $7,336,054,569, with the lowest DE earnings forecast at $5,751,640,417, and the highest DE earnings forecast at $8,105,007,035.

In 2024, DE is forecast to generate $7,686,424,040 in earnings, with the lowest earnings forecast at $7,686,424,040 and the highest earnings forecast at $7,686,424,040.

What is DE's revenue growth forecast for 2022-2024?

(NYSE: DE) Deere &'s forecast annual revenue growth rate of 6.16% is not forecast to beat the US Industrials industry's average forecast revenue growth rate of 11.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Deere &'s revenue in 2021 is $42,428,000,000.On average, 5 Wall Street analysts forecast DE's revenue for 2022 to be $14,199,947,520,262, with the lowest DE revenue forecast at $13,627,822,081,056, and the highest DE revenue forecast at $14,792,412,992,424. On average, 5 Wall Street analysts forecast DE's revenue for 2023 to be $15,304,686,644,408, with the lowest DE revenue forecast at $14,561,727,252,792, and the highest DE revenue forecast at $16,320,706,017,486.

In 2024, DE is forecast to generate $15,064,634,567,649 in revenue, with the lowest revenue forecast at $15,064,634,567,649 and the highest revenue forecast at $15,064,634,567,649.

What is DE's forecast return on assets (ROA) for 2022-2024?

(NYSE: DE) forecast ROA is 9.53%, which is higher than the forecast US Industrials industry average of 8.62%.

What is DE's Price Target?

According to 13 Wall Street analysts that have issued a 1 year DE price target, the average DE price target is $409.62, with the highest DE stock price forecast at $485.00 and the lowest DE stock price forecast at $345.00.

On average, Wall Street analysts predict that Deere &'s share price could stay at $409.62 by Nov 29, 2022. The average Deere & stock price prediction forecasts a potential downside of N/A from the current DE share price of $341.55.

What is DE's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: DE) Deere &'s current Earnings Per Share (EPS) is $17.38. On average, analysts forecast that DE's EPS will be $22.19 for 2022, with the lowest EPS forecast at $18.89, and the highest EPS forecast at $23.70. On average, analysts forecast that DE's EPS will be $23.66 for 2023, with the lowest EPS forecast at $18.55, and the highest EPS forecast at $26.14. In 2024, DE's EPS is forecast to hit $24.79 (min: $24.79, max: $24.79).

What is DE's forecast return on equity (ROE) for 2022-2024?

(NYSE: DE) forecast ROE is 48.86%, which is considered strong.
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