Deere & Company (DE) Earns Outperform Rating Amid Industry Headwinds

Deere & Company (NYSE:DE) ranks among the stocks successful Bill Gates’ portfolio that analysts are watching. On October 21, RBC Capital began sum of Deere & Company (NYSE:DE) with a terms people of $542 and an Outperform rating. The steadfast states that Deere is the apical archetypal instrumentality shaper (OEM) of cultivation instrumentality worldwide.

According to RBC Capital, Deere & Company (NYSE:DE) has made important investments successful R&D and exertion to supply a wide scope of data-enabled products for the agriculture industry. Additionally, the steadfast highlighted Deere’s operation and forestry conception arsenic a semipermanent borderline operator with precise machinery and roadbuilding technology, strengthened by its 2017 acquisition of Wirtgen.

Although Deere’s semipermanent prospects proceed to beryllium encouraging, RBC points retired that 2025 whitethorn beryllium to beryllium a cyclical debased constituent for net arsenic husbandman temper is impacted by grounds U.S. harvests, declining harvest prices, and ongoing commercialized problems.

In fiscal 2026, Deere’s gross is expected to ascent by 4.5% to $47.1 billion, portion its adjusted EPS is projected to amended to $20.86 from $18.53. As improvements successful productivity and operating leverage summation traction, conception profitability is predicted to amended significantly, driven by a 17.5% summation successful operating income.

Deere & Company (NYSE:DE) is an American institution that manufactures agricultural, heavy, and forestry machinery, diesel engines, dense instrumentality drivetrains, and tract attraction equipment. The institution besides provides fiscal services and engages successful different concern operations.

While we admit the imaginable of DE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.