Deere & Co., US2441991054

Erste trims Deere forecast to USD 18.05: Deere & Company stock yields 1.00 percent

Published on 10/26/2026 at 11:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter revenue hit USD 12.61 billion, up 6.20 percent. Deere & Company stock costs EUR 578.50 on October 26, 2026, 0.33 percent above Xetra close.

Analyst forecast and quarterly results

Erste Group Bank cut its fiscal 2026 earnings forecast to USD 18.05 on October 21, 2026.
Third-quarter revenue reached USD 12.61 billion and rose 6.20 percent year over year.
Deere & Company stock trades at EUR 578.50 at 11:06 a.m. CET at Lang & Schwarz on October 26, 2026, 0.33 percent above the Xetra close of October 23, 2026.
Deere expects fiscal 2026 net income of USD 4.75 billion to USD 5.00 billion.

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Deere & Company (ISIN US2441991054) was trading at EUR 578.50 at Lang & Schwarz on October 26, 2026, at 11:06 a.m. CET, up 0.33 percent versus the Xetra close of October 23, 2026, at EUR 576.60. The latest analyst revision came from Erste Group Bank, which cut its fiscal 2026 earnings forecast from USD 18.08 to USD 18.05 in a note dated October 21, 2026, according to MarketBeat.

Forecast trims meet strong results

The forecast remains below the USD 18.11 consensus cited in the same report. That gap matters because Deere delivered a stronger third quarter before the estimate reduction, with revenue of USD 12.61 billion and diluted earnings per share of USD 5.10 against a USD 4.69 consensus estimate.

The quarterly figures came from the August 20, 2026 earnings call transcript, where Yahoo Finance reported equipment-operations revenue of USD 10.999 billion and a 14.40 percent operating margin. The company also raised fiscal 2026 net income guidance to USD 4.75 billion to USD 5.00 billion and equipment-operations cash flow guidance to USD 5.00 billion to USD 5.50 billion.

Three dates frame the stock

On August 20, 2026, Deere reported third-quarter diluted earnings per share of USD 5.10, versus USD 4.69 expected, as documented by Yahoo Finance. On October 8, 2026, JPMorgan raised its Deere target from USD 585.00 to USD 625.00 while keeping a neutral rating, according to MarketBeat. On October 21, 2026, Erste Group Bank lowered its fiscal 2026 forecast from USD 18.08 to USD 18.05, as reported by MarketBeat.

What does the forecast mean for margins?

The mixed message is visible in Deere's operating outlook. Equipment operations posted a 14.40 percent margin in the third quarter, while fiscal 2026 net income guidance stands at USD 4.75 billion to USD 5.00 billion. The transcript also shows a 24.00 percent to 26.00 percent effective tax-rate outlook, leaving execution and demand more important than the small reduction in one earnings estimate.

Next dates for Deere investors

Deere's next quarterly dividend payment is scheduled for November 9, 2026, at USD 1.62 per share, according to MarketBeat. The next fiscal 2026 earnings report is scheduled for November 25, 2026, according to Barron's.

Stock price and valuation context

Deere's euro quotation remains above the Xetra close of October 23, 2026, but the daily change is below the threshold for a directional headline. The primary listing is on the NYSE in US dollars, while the German quotation gives investors in Europe a direct euro reference. Market capitalization was EUR 155.6 billion as of October 26, 2026, and the 52-week range was EUR 390.00 to EUR 631.60.

Deere & Company stock was trading at EUR 578.50 at Lang & Schwarz on October 26, 2026, at 11:06 a.m. CET, 0.33 percent above the Xetra close of October 23, 2026, at EUR 576.60. The further course of trading is shown by the continuously updated real-time quote of Deere & Company stock.