Deere Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Deere & Company DE will release its second-quarter earnings results before the opening bell on Thursday, May 15.

Analysts expect the Moline, Illinois-based company to report quarterly earnings at $5.64 per share, down from $8.53 per share in the year-ago period. According to data from Benzinga Pro, Deere projects quarterly revenue at $10.79 billion, compared to $13.61 billion a year earlier.

On Feb. 13, Deere reported a first-quarter 2025 net sales and revenue decline of 30% year-over-year to $8.51 billion, beating the consensus of $7.70 billion.

Deere shares fell 0.2% to close at $497.50 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

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UBS analyst Steven Fisher maintained a Neutral rating and cut the price target from $462 to $440 on April 7, 2025. This analyst has an accuracy rate of 74%.
Baird analyst Mircea Dobre downgraded the stock from Outperform to Neutral with a price target of $501 on March 3, 2025. This analyst has an accuracy rate of 75%.
Evercore ISI Group analyst David Raso maintained an In-Line rating and boosted the price target from $437 to $455 on Feb. 19, 2025. This analyst has an accuracy rate of 67%.
Truist Securities analyst Jamie Cook reiterated a Buy rating and slashed the price target from $550 to $546 on Feb. 14, 2025. This analyst has an accuracy rate of 70%.
JP Morgan analyst Tami Zakaria maintained a Neutral rating and boosted the price target from $470 to $500 on Feb. 10, 2025. This analyst has an accuracy rate of 69%.

Considering buying DE stock? Here’s what analysts think: