Deere Stock Target Price and Analyst Consensus

DE Stock  USD 446.65  9.11  2.08%   
The current analyst and expert consensus on Deere is Buy with 11 hold recommendations. The current projected Deere target price consensus is 419.10 with 24 analyst opinions. One of the most common ways Deere Company analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Deere vendors, executives, and/or customers. Deere recommendation module provides expert sentiment on the projected Deere Company target price to derive its highest and lowest estimates based on target price standard deviation of 1.5688.
Lowest Forecast
381.38
Highest Forecast
465.2
Target Price
419.1
At present, Deere's Pretax Profit Margin is projected to increase slightly based on the last few years of reporting. The current year's Operating Profit Margin is expected to grow to 0.21, whereas Gross Profit Margin is forecasted to decline to 0.24. At present, Deere's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 11.7 B, whereas Other Current Assets are forecasted to decline to about 1.1 B.
  
It's important to approach Deere's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Deere price targets

Deere's stock target price is an estimate of its future price, usually made by analysts. Using Deere's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Deere's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Deere's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Deere Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Deere is a key component of Deere valuation and have some predictive power on the future returns of a Deere.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deere's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
442.96444.54491.32
Details
Intrinsic
Valuation
LowRealHigh
401.99462.96464.54
Details
Naive
Forecast
LowNextHigh
454.39455.97457.55
Details
Earnings
Estimates (0)
LowProjected EPSHigh
2.783.284.57
Details

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Check out Macroaxis Advice on Deere to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Please note, the presentation of Deere's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Deere's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Deere's management manipulating its earnings.