Market closed · After hours · 5:27 PM ET
Last update: Sep 2, 2026, 5:08 PM ET
Deere & Company
$698.37 3.30% today
After Hours

Why Deere & Company (DE) stock moved

Updated Sep 2, 2026

Deere & Company (DE) shares rose 3.3% to $698.37 as of September 2, 2026, a moderate gain from the prior close of $676.08. BestStocks flagged the session as a major change for DE. Below, we break down what changed for DE, why it matters for investors, how the stock reacted, and the catalysts on the calendar.

What happened

DE climbed 3.3% to $698.37

Deere & Company rose 2.63% to $693.85, extending a recent rally following a Baird upgrade to Outperform from Neutral and sustained momentum from strong Q3 earnings that beat expectations and included raised full-year net income guidance. Volume of 1.30M shares ran 1.16x normal for this stage of the session, consistent with positive sentiment. Monitor for any further analyst upgrades or downgrades, and track Deere's execution against raised guidance through the remainder of fiscal 2025 and into 2026 cycle expectations.

This summary describes the catalyst and move as first detected on Sep 2, 2026, 3:33 PM EDT; the stock has continued trading since, so the current price and percentage move (shown above) may be larger or smaller than the figures here.
ValuationSector-Wide MoveMedium confidence
Rel. volume
1.6×
Above Avg
Vs peers
Top 1 of 7 peers
Outperforming
Market cap
$188.5B
New York Stock Exchange
Analyst target
$722
+3.3% vs price
Price chart
Aug 3 – Sep 2
VVVVVVEN$579$640$700Aug 3Aug 11Aug 18Aug 26Sep 2
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details

What it means for Deere & Company investors

For Deere & Company investors, the recent signals add up to a bearish shift. On the constructive side: Positive 3.3% session move; Deere & Company (DE) moved +2.25% from $621.27 to $635.24 on 2026-07-06, reaching a new 30-day high. Weighing against that: Deere & Company (DE) moved -3.28% from $652.07 to $630.66 on 2026-08-25; Deere & Company moved -5.90% intraday from $635.24 to $597.77. Because peers moved similarly, the shift looks more macro- or sector-driven than a change in DE's fundamentals. Wall Street's consensus price target sits at $721.55, implying +3.3% upside from $698.37. Over the past 90 days analysts logged 1 upgrade and 0 downgrades. BestStocks rates the overall signal quality medium (65/100). With earnings roughly 84 days out, the next report is the most likely near-term test of the move.

DE price reaction

DE last traded at $698.37, up $22.29 (+3.30%) from the previous close of $676.08. The session traded on 1.6× average volume (above avg), so the move carried above-average conviction. Its industrials peer group moved a median +1.6% over the same stretch, leaving DE ahead of the group by 1.7 points. Over the past month the stock has ranged between $580.63 and $698.37, and it currently sits about 100% of the way up that band.

Bullish and bearish analyst opinions on Deere & Company (DE)

Latest catalyststrengthens the bull case
The latest catalyst — an analyst upgrade — it strengthens the bull case and confirms the prevailing bullish analyst lean.

The consensus analyst price target on Deere & Company (DE) is $721.55, 3.3% above the recent $698.37. Over the past 90 days analysts logged 1 upgrade, 16 maintains, and 0 downgrades. Here is how the bullish and bearish cases on DE line up.

The bullish case

  • Wall Street's consensus price target of $721.55 implies +3.3% upside from $698.37.
  • The Street's most bullish target is $813.00 (+16.4%).
  • 1 analyst upgrade in the past 90 days, most recently Baird to Outperform (2026-08-31).
  • Positive 3.3% session move.
  • Deere & Company (DE) moved +2.25% from $621.27 to $635.24 on 2026-07-06, reaching a new 30-day high.

The bearish case

  • The most bearish analyst target is $570.00 (-18.4%).
  • Deere & Company (DE) moved -3.28% from $652.07 to $630.66 on 2026-08-25.
  • Deere & Company moved -5.90% intraday from $635.24 to $597.77.
Bull vs bear balanceBearish Shift
BearishNeutralBullish

Weighing both sides, BestStocks' composite read of recent signals is bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.

Analyst price targets and ratings are FMP consensus figures as of Sep 2, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.

Analyst expectations
Consensus target: $722+3.3%
1 upgrades= 16 maintains
Baird upgraded to Outperform · 2026-08-31
SEC filings watch
8-K2026-07-15
Material event — review for impact
high
8-K2026-06-01
Material event — review for impact
high
10-Q2026-05-28
Quarterly financial results
medium
8-K2026-05-21
Material event — review for impact
high
Peer context
DE+3.3%
BA+1.6%
CAT+1.7%
GE-0.5%
GEV+2.6%
HON-1.9%

Previous notable changes for DE

Valuation2026-09-01+3.2%via Yahoo Finance
Baird upgraded Deere & Company to Outperform with a $800 price target (raised from $640), citing the company as the "cleanest setup" in agricultural equipment due to North American row crop exposure and anticipated sector recovery. DE rose 2.41% to $670.72 on the upgrade and growing optimism that the agricultural machinery cycle is bottoming (Yahoo Finance).
Valuation2026-08-31+3.9%via CNBC
Baird upgraded Deere from Neutral to Outperform with a price target raise to $800 (from $640), per CNBC, Investing.com, and Barron's. Analyst Mircea Dobre cited Deere as the sector's "cleanest setup" due to North American row-crop exposure and rising corn and soy futures supporting 2027 margins, alongside momentum in forward-looking precision equipment orders and tailwinds from data center infrastructure growth in Construction & Forestry. DE rose 2.93% to $648.79 on normal volume.
Risk2026-08-25-2.8%
Deere & Company (DE) moved -3.28% from $652.07 to $630.66 on 2026-08-25. We checked news, earnings, analyst updates, filings, and corporate actions — no company-specific catalyst was found. The move appears to be sector-driven; DE underperformed its peer group by 3.6 percentage points (peer average: +0.36%), while volume remained near its 5-day average.
Valuation2026-08-21+4.3%via ca.finance.yahoo.com
Deere & Company shares jumped 3.13% to $640.37 after the company reported fiscal Q3 earnings that beat Wall Street estimates and raised its full-year net income outlook to $4.75–$5.00 billion, according to Zacks and Yahoo Finance. Construction & Forestry sales surged 18%, offsetting softness in agriculture, while management signaled the ag downturn may be bottoming. Volume of 1.05M shares ran 1.69x the time-adjusted average.
Upcoming catalysts & outlook
Next earnings
2026-11-25 (est.)
in 84 days
Thesis shift
Bearish Shift
bearish signal
Risk level
High
from change events

Frequently asked questions about DE

Why did Deere & Company (DE) stock move?

DE rose 3.3% to $698.37. The move coincided with the context summarized above, which BestStocks classifies as a sector-wide move, though no single company-specific catalyst was independently confirmed.

How much did DE stock rise?

DE gained 3.30% ($22.29) versus the prior close of $676.08, last trading at $698.37 on 1.6× average volume.

When is Deere & Company's next earnings date?

DE's next earnings report is estimated for 2026-11-25 — about 84 days away.

What is the analyst price target for DE?

The consensus analyst price target for DE is $721.55, about 3.3% above the current $698.37. Over the past 90 days, analysts recorded 1 upgrade, 16 maintains, and 0 downgrades.

Is the DE move company-specific or sector-wide?

BestStocks classifies it as a sector-wide move: the peer group moved a median +1.6% against DE's +3.3%. DE ranks top 1 of 7 peers.

How BestStocks tracks DE

This page is generated automatically by BestStocks' change-detection system after its price and volume cleared DE-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for DE, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of September 2, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.

Data sources
FMP real-time & historical price dataSEC EDGAR filingsFMP earnings & estimatesAnalyst ratings & price targets (FMP)Earnings calendar (FMP)
Educational research tool — not personalized investment advice. Data may be delayed.