BofA raises target for Deere & Company stock from USD 667 to USD 715

According to MarketScreener on September 24, 2026, BofA Securities raised its target for Deere & Company stock from USD 667.00 to USD 715.00. Deere & Company (ISIN US2441991054) was trading at EUR 615.20 at Lang & Schwarz on October 5, 2026, up 0.59 percent versus the prior close of EUR 611.60.

Third-quarter revenue reaches USD 12.61 billion

Financial Report Insights reported that Deere generated USD 12.61 billion in revenue during the fiscal third quarter of 2026, the three months ended August 2, 2026. Revenue increased 4.90 percent from USD 12.02 billion in the fiscal third quarter of 2025, while net income rose 7.00 percent to USD 1.38 billion.

Diluted earnings per share reached USD 5.10 in the fiscal third quarter of 2026, compared with USD 4.75 a year earlier. The comparison shows that Deere expanded profit despite continuing pressure in its largest agricultural equipment activities.

Guidance rises to USD 5.00 billion

The same fiscal third-quarter report said Deere raised fiscal 2026 net income guidance to a range of USD 4.75 billion to USD 5.00 billion. That outlook gives the market a second quantified reference point beyond the quarterly result, but the range also places greater emphasis on execution during the final fiscal quarter.

Deere operates across agricultural machinery, construction and forestry equipment, and financial services. The Q3 figures show a mixed operating picture: consolidated revenue and net income grew, while the report identified lower shipment volumes in large agricultural equipment as a continuing pressure point.

Stock remains below the yearly high

TradingView identifies Deere as a New York Stock Exchange listing under ticker DE and shows a 52-week range of USD 433.00 to USD 721.22 as of October 2, 2026. Its market capitalization was USD 185.2 billion on that date, giving the EUR 615.20 Lang & Schwarz quote a clear large-cap context.

TradingView lists November 25, 2026, as the next report date. The timing puts the upcoming fiscal fourth-quarter report at the center of the next company-specific valuation test, while BofA's USD 715.00 target provides a separate analyst reference point.

EUR 615.20 at Lang & Schwarz

Deere & Company was trading at EUR 615.20 at Lang & Schwarz on October 5, 2026 at 2:08 p.m. CEST, plus 0.59 percent versus the prior close of EUR 611.60. The further course of trading is shown by the continuously updated real-time quote of Deere & Company stock.

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