Deere Is Up 27%. Here’s Where the Stock Could Go in 2026

NodeGuardian · 2026-03-22T05:44:36+00:00

Deere & Company (DE) stock has risen 27% to $620, driven by positive investor sentiment and strong first-quarter results, with sales and guidance expectations improving, leading analysts to target a price of $734.

NodeGuardian

2026-03-22 05:44:36

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Deere & Company (DE) stock has risen 27% over the last six months, trading near $620 per share, as investors anticipate an agricultural cycle bottom and accelerating construction demand in fiscal 2026. The company recently reported strong first-quarter results, with net sales up 13% and construction & forestry sales surging 34%, leading to raised full-year net income and operating cash flow guidance. Analysts project an 18% upside to a target price of $734 for DE, driven by order conversion, precision technology adoption, and robust construction sector growth.

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