In the latest stock analysis, Citigroup has maintained its rating on Deere (DE, Financial) as "Neutral." Despite retaining the same rating, the firm has adjusted its price target for the company. Analyst Kyle Menges has revised the price target downward from $550.00 to $525.00 USD.
This adjustment reflects a 4.55% decrease from the previous target. The changes in the price target come amid evolving market conditions, requiring a recalibration of future expectations for (DE, Financial).
As of May 30, 2025, Citigroup's revised evaluation continues to hold a neutral stance, indicating that the firm's outlook on Deere's financial trajectory remains balanced with neither a significantly positive nor negative tilt. Investors in Deere (DE, Financial) are advised to consider this updated guidance as part of their investment strategies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Deere & Co (DE, Financial) is $542.58 with a high estimate of $619.00 and a low estimate of $460.00. The average target implies an upside of 6.32% from the current price of $510.33. More detailed estimate data can be found on the Deere & Co (DE) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Deere & Co's (DE, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Deere & Co (DE, Financial) in one year is $311.97, suggesting a downside of 38.87% from the current price of $510.325. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Deere & Co (DE) Summary page.
