Deere & Company Prepares for Fiscal Q2 2025 Earnings Release

Deere & Company (DE), widely recognized as John Deere, stands as a prominent American producer of agricultural, construction, and forestry equipment, alongside diesel engines and drivetrains for heavy machinery. Founded in 1837 by the blacksmith John Deere, the company is based in Moline, Illinois, and operates on a global scale. Its current market value is $116.7 billion.

Upcoming Earnings Expectations

The manufacturing giant is set to announce its fiscal Q2 2025 earnings results on Thursday, May 15. Analysts anticipate that DE will report earnings of $5.68 per share. This figure represents a decline of 33.4% from $8.53 per share in the same quarter last year. Notably, the company has consistently exceeded Wall Street’s profit projections in its last four quarterly reports.

Future Earnings Outlook

For fiscal 2025, analysts forecast an earnings per share (EPS) of $18.91, which is a decrease of 26.2% compared to $25.62 in fiscal 2024. However, a recovery is expected in fiscal 2026, with EPS projected to rise by 12.2% to $21.22.

Stock Performance Metrics

Over the past 52 weeks, Deere & Company’s stock has increased by 17%. This performance surpasses the broader S&P 500 Index’s gain of 8.4% and the Industrial Select Sector SPDR Fund’s (XLI) return of 5.5% during the same period.

Market Concerns and Analyst Sentiment

On April 2, shares of Deere & Company fell by over 1% following a cautious note from Jefferies Financial Group Inc. (JEF) analysts. The report expresses concerns regarding the company’s performance in the latter half of the year, primarily due to uncertainties in U.S. trade policies and the potential for counter-tariffs impacting American exports to Europe.

Despite these concerns, analyst sentiment towards DE remains moderately optimistic. The stock holds a “Moderate Buy” rating overall, with 20 analysts covering it: 10 recommend a “Strong Buy,” one advises a “Moderate Buy,” and nine suggest a “Hold.”

Currently, DE’s mean target price is set at $494.40, indicating a potential increase of 7.4% from existing market prices.

On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data are for informational purposes only. For more information, please view the Barchart Disclosure Policy here.

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