Deere jumps 10% after Q1 earnings beat and raised FY2026 profit outlook

Deere & Company (DE) is up 10.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a fiscal Q1 earnings beat alongside an increased full-year fiscal 2026 net income forecast. Investors also seemed to respond positively to signs of improving demand in construction and smaller-ag equipment, helping offset continued weakness in large-ag markets.

Details:

Quarterly EPS came in at $2.42, with net income of $656 million for the fiscal first quarter ended Feb. 1, 2026.

Worldwide net sales and revenues rose 13% year over year to $9.611 billion, helped by stronger equipment sales volumes.

Deere lifted its fiscal 2026 net income outlook to a range of $4.5 billion to $5.0 billion.

Results highlighted notable strength in construction-related demand, while management still pointed to ongoing challenges in the global large-agriculture cycle, with tariffs and cost items pressuring some margins.

Sources:

John Deere, MarketWatch, Barron’s

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DE Insider Trading Activity

$DE insiders have traded $DE stock on the open market 6 times in the past 6 months. Of those trades, 0 have been purchases and 6 have been sales.

Here’s a breakdown of recent trading of $DE stock by insiders over the last 6 months:

JOHN C II MAY (Chairman & CEO) has made 0 purchases and 5 sales selling 52,578 shares for an estimated $26,351,537.
CORY J REED (Pres, Life Sol Cust Sup & S.M.) sold 12,000 shares for an estimated $6,120,000

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$DE Hedge Fund Activity

We have seen 1,007 institutional investors add shares of $DE stock to their portfolio, and 1,185 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 5,028,770 shares (-75.2%) from their portfolio in Q4 2025, for an estimated $2,341,244,448
CAPITAL WORLD INVESTORS added 3,358,264 shares (+53.9%) to their portfolio in Q4 2025, for an estimated $1,563,506,970
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 1,893,972 shares (+1725.8%) to their portfolio in Q4 2025, for an estimated $881,776,544
JPMORGAN CHASE & CO removed 1,735,079 shares (-15.3%) from their portfolio in Q4 2025, for an estimated $807,800,730
M&T BANK CORP added 1,721,239 shares (+1199.8%) to their portfolio in Q4 2025, for an estimated $801,357,241
HARRIS ASSOCIATES L P added 978,857 shares (+45.4%) to their portfolio in Q4 2025, for an estimated $455,726,453
FMR LLC removed 665,755 shares (-9.9%) from their portfolio in Q4 2025, for an estimated $309,955,555

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$DE Government Contracts

We have seen $20,891,453 of award payments to $DE over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

8511618895!WHEEL LOADER: $7,640,515
8511246304!MTR GRADER: $6,365,855
8511345881!MOTOR GRADER: $1,902,368
8511237895!EXCAVATOR: $1,163,681
8511354357!MTR GRDR: $449,543

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$DE Congressional Stock Trading

Members of Congress have traded $DE stock 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $DE stock by members of Congress over the last 6 months:

SENATOR MARKWAYNE MULLIN purchased up to $50,000 on 12/29.
REPRESENTATIVE JULIE JOHNSON has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 12/18, 11/13, 10/22.
REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.
REPRESENTATIVE JULIA LETLOW sold up to $15,000 on 09/22.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$DE Analyst Ratings

Wall Street analysts have issued reports on $DE in the last several months. We have seen 6 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

DA Davidson issued a "Buy" rating on 12/01/2025
Oppenheimer issued a "Outperform" rating on 11/28/2025
Truist Securities issued a "Buy" rating on 11/28/2025
RBC Capital issued a "Outperform" rating on 11/28/2025
Wells Fargo issued a "Overweight" rating on 11/14/2025
UBS issued a "Buy" rating on 10/17/2025

To track analyst ratings and price targets for $DE, check out Quiver Quantitative's $DE forecast page.

$DE Price Targets

Multiple analysts have issued price targets for $DE recently. We have seen 9 analysts offer price targets for $DE in the last 6 months, with a median target of $541.0.

Here are some recent targets:

Stephen Volkmann from Jefferies set a target price of $475.0 on 12/09/2025
Michael Shlisky from DA Davidson set a target price of $580.0 on 12/01/2025
Noah Kaye from Oppenheimer set a target price of $531.0 on 11/28/2025
David Raso from Evercore ISI Group set a target price of $458.0 on 11/28/2025
Jamie Cook from Truist Securities set a target price of $612.0 on 11/28/2025
Sabahat Khan from RBC Capital set a target price of $541.0 on 11/28/2025
Jerry Revich from Wells Fargo set a target price of $543.0 on 11/14/2025

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.