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

Analyst price target for DE

Based on 16 analysts offering 12 month price targets for Deere & Co.
Min Forecast
$145.00-61.71%
Avg Forecast
$328.13-13.35%
Max Forecast
$425.00+12.23%

Should I buy or sell DE stock?

Buy
Strong Buy
6 analysts 37.5%
Buy
5 analysts 31.25%
Hold
4 analysts 25%
Sell
0 analysts 0%
Strong Sell
1 analysts 6.25%

DE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Anonymous
Morgan Stanley
Strong BuyMaintains$410.00+8.27%2021-04-12
John Eade
Argus Research
Strong BuyMaintains$380.00+0.35%2021-02-23
Stanley Elliott
Stifel Nicolaus
Strong BuyMaintains$365.00-3.61%2021-02-23
Brett Linzey
Vertical Research
Strong BuyInitiates Coverage On$345.00-8.89%2021-01-20
Ross Gilardi
Bank of America
Strong BuyMaintains$241.00-36.36%2020-09-23
Stephen Volkmann
Jefferies
Strong BuyMaintains$200.00-47.18%2020-07-17
Greg Badishkanian
Wolfe Research
BuyInitiates Coverage On$425.00+12.23%2021-04-13
Kristen Owen
Oppenheimer
BuyMaintains$380.00+0.35%2021-02-22
Mircea Dobre
Baird
BuyMaintains$375.00-0.97%2021-02-22
Jamie Cook
Credit Suisse
BuyMaintains$403.00+6.43%2021-02-22

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Forecast return on equity

Is DE forecast to generate an efficient return?
Company
49.55%
Industry
428,244.16%
Market
31,779.91%
DE's Return on Equity is forecast to be high in 3 years (49.55%); 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
9.25%
Industry
154,190.22%
Market
11,448.12%
DE is forecast to generate lower Return on Assets (9.25%) than the US Industrials industry average (154,190.22%)
Forecast

DE earnings per share forecast

What is DE's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$15.85+43.87%
Avg 2 year Forecast
$18.20+65.17%
Avg 3 year Forecast
$20.46+85.64%
DE's earnings are forecast to grow at an exceptional rate of 22.96% per year
Forecast

DE revenue forecast

What is DE's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$37.9B+2.33%
Avg 2 year Forecast
$41.3B+11.48%
Avg 3 year Forecast
$45.0B+21.46%
DE's revenue is forecast to grow at a rate of 6.6% 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
22.96%
Industry
28.97%
Market
23.37%
DE's earnings are forecast to grow slower (22.96% per year) than the US Industrials industry average (28.97%)
Forecast
DE's earnings are forecast to grow slower (22.96% per year) than the US market average (23.37%)
Forecast
DE's earnings are forecast to grow faster (22.96% per year) than the risk-free savings rate (1.6%)
Forecast

DE revenue growth forecast

How is DE forecast to perform vs Industrials companies and vs the US market?
Company
6.6%
Industry
12.32%
Market
15.09%
DE's revenues are forecast to grow slower (6.6% per year) than the US Industrials industry average (12.32%)
Forecast
DE's revenues are forecast to grow slower (6.6% per year) than the US market average (15.09%)
Forecast

Deere & Stock Forecast FAQ

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

The consensus among 16 Wall Street analysts covering (NYSE: DE) stock is to Buy DE stock.

Out of 16 analysts, 6 (37.5%) are recommending DE as a Strong Buy, 5 (31.25%) are recommending DE as a Buy, 4 (25%) are recommending DE as a Hold, 0 (0%) are recommending DE as a Sell, and 1 (6.25%) are recommending DE as a Strong Sell.

What is DE's earnings growth forecast for 2021-2023?

(NYSE: DE) Deere &'s forecast annual earnings growth rate of 22.96% is not forecast to beat the US Industrials industry's average forecast earnings growth rate of 28.97%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 23.37%.

Deere &'s earnings in 2021 is $3,458,000,000.On average, 11 Wall Street analysts forecast DE's earnings for 2021 to be $4,968,186,763, with the lowest DE earnings forecast at $4,759,958,177, and the highest DE earnings forecast at $5,248,801,809. On average, 10 Wall Street analysts forecast DE's earnings for 2022 to be $5,703,802,419, with the lowest DE earnings forecast at $4,490,467,458, and the highest DE earnings forecast at $6,267,226,040.

In 2023, DE is forecast to generate $6,410,588,836 in earnings, with the lowest earnings forecast at $6,257,825,201 and the highest earnings forecast at $6,618,190,698.

What is DE's revenue growth forecast for 2021-2023?

(NYSE: DE) Deere &'s forecast annual revenue growth rate of 6.6% is not forecast to beat the US Industrials industry's average forecast revenue growth rate of 12.32%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.09%.

Deere &'s revenue in 2021 is $37,021,000,000.On average, 7 Wall Street analysts forecast DE's revenue for 2021 to be $11,871,060,249,801, with the lowest DE revenue forecast at $11,661,114,131,326, and the highest DE revenue forecast at $12,196,570,256,119. On average, 7 Wall Street analysts forecast DE's revenue for 2022 to be $12,932,530,609,996, with the lowest DE revenue forecast at $12,175,490,441,333, and the highest DE revenue forecast at $13,676,654,025,790.

In 2023, DE is forecast to generate $14,090,804,856,965 in revenue, with the lowest revenue forecast at $13,881,278,955,996 and the highest revenue forecast at $14,300,330,757,935.

What is DE's forecast return on assets (ROA) for 2021-2024?

(NYSE: DE) forecast ROA is 9.25%, which is lower than the forecast US Industrials industry average of 154,190.22%.

What is DE's Price Target?

According to 16 Wall Street analysts that have issued a 1 year DE price target, the average DE price target is $328.13, with the highest DE stock price forecast at $425.00 and the lowest DE stock price forecast at $145.00.

On average, Wall Street analysts predict that Deere &'s share price could stay at $328.13 by Apr 13, 2022. The average Deere & stock price prediction forecasts a potential downside of N/A from the current DE share price of $378.67.

What is DE's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: DE) Deere &'s current Earnings Per Share (EPS) is $11.02. On average, analysts forecast that DE's EPS will be $15.85 for 2021, with the lowest EPS forecast at $15.19, and the highest EPS forecast at $16.75. On average, analysts forecast that DE's EPS will be $18.20 for 2022, with the lowest EPS forecast at $14.33, and the highest EPS forecast at $20.00. In 2023, DE's EPS is forecast to hit $20.46 (min: $19.97, max: $21.12).

What is DE's forecast return on equity (ROE) for 2021-2024?

(NYSE: DE) forecast ROE is 49.55%, which is considered strong.
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