From Yahoo Finance: 2025-05-30 00:45:00

Deere & Company (DE) shares were trading at $507.99 on May 28th, with a trailing P/E of 24.54 and forward P/E of 27.62. The company posted strong quarterly results, exceeding revenue and EPS expectations, with an 18% operating margin. Management maintained full-year margin guidance at 14.5%, citing tariff impacts in H2. Deere is forecasting a return to sales growth in Q4 and continues aggressive buybacks.

Deere is expanding its ag tech stack into construction, growing its SaaS footprint, and focusing on recurring revenue. Despite trading near all-time highs, Deere’s strong fundamentals, margin resilience, and tech leadership suggest continued upside, with Brazil as a growing tailwind. Deere (DE) is not among the 30 Most Popular Stocks Among Hedge Funds, with 53 hedge fund portfolios holding DE at the end of Q1. However, some AI stocks may offer greater promise for higher returns within a shorter timeframe. For more information, check out our report on the cheapest AI stock.

Read more: Deere & Company (DE): A Bull Case Theory