Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides four-wheel-drive track and row crop tractors, harvesters, cotton pickers and strippers, sugarcane harvesters and loaders, soil preparation, tillage, seeding, and crop care equipment, as well as application equipment, including sprayers and nutrient management, soil preparation machinery, and related attachments and service parts. The Small Agriculture and Turf segment offers specialty, utility, and compact tractors; self-propelled forage harvesters and attachments; rotary mowers, hay and forage equipment, and utility vehicles; turf and utility equipment, including riding lawn, commercial mowing, and golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications. The Construction and Forestry segment provides backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, skid-steer loaders, milling machines, recyclers, slipform and asphalt pavers, surface miners, compactors, tandem, static rollers, mobile crushers and screens, mobile and stationary asphalt plants, and log harvesters; and road building and rehabilitation equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment; and extended equipment warranties, as well as finances retail revolving charge accounts. The company was founded in 1837 and is headquartered in Moline, Illinois.
Market Dynamics | Analysts set diverse price targets ranging from $530 to $750, reflecting varied perspectives on Deere's growth potential amid evolving agricultural trends |
Global Expansion | Explore Deere's strategic focus on South American markets, poised to add billions in sales and offset challenges in North America |
Financial Resilience | Despite market challenges, Deere maintains robust earnings with EPS estimates of $19.12 for the upcoming fiscal year, rising to $21.08 for the following yea |
Tech-Driven Growth | Deere & Company leads in precision agriculture, aiming for 10% of sales from recurring revenue by 2030, potentially reaching $5 billion in smart farming solutions |

Metrics to compare | DE | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipDEPeersSector | |
|---|---|---|---|---|
P/E Ratio | 28.6x | 20.6x | 12.5x | |
PEG Ratio | −1.02 | −0.60 | 0.03 | |
Price / Book | 5.5x | 3.9x | 1.4x | |
Price / LTM Sales | 3.1x | 1.8x | 1.3x | |
Upside (Analyst Target) | 1.0% | 0.0% | 15.6% | |
Fair Value Upside | Unlock | 7.9% | 6.3% | Unlock |