Deere & Company, known for its John Deere brand, is a global leader in agricultural, construction, and forestry machinery, as well as precision agriculture technologies. The stock is currently trading below its 52-week high and has underperformed the S&P 500.
Deere recently reported fourth-quarter results, with net sales and revenues up 11% year-over-year. Despite higher revenue, net income declined due to various factors. The company expects lower net income for FY2026 as it navigates challenges in the large agriculture cycle.
President Trump’s comments on farm equipment prices caused Deere stock to decline. Various ETFs with exposure to Deere have been ranked based on their performance.
Despite recent challenges, Wall Street analysts have a consensus “Moderate Buy” rating on Deere stock, with a mean price target reflecting a 10% upside potential.
Read more at Barchart: As Trump Takes a Stand Against Deere, How Should You Play the Blue-Chip Dividend Stock?
