Deere & Company (DE) is a leading global manufacturer of agricultural, construction and forestry machinery as well as diesel engines and related financial services. The company is headquartered in Moline, Illinois and operates through segments including manufacturing and precision agriculture, smallholder agriculture and turf, construction and forestry, and financial services. Deere sells equipment such as tractors, harvesters, and construction machinery to customers in more than 100 countries through an extensive dealer network. The company has a market cap of $167.9 billion, making it one of the largest players in the global farm and heavy equipment industry.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Deere & Company fits that category perfectly. With a market cap above this range, the company’s scale indicates stability and strong influence in the agriculture and heavy construction machinery industry.
DE is currently trading 8.2% below its 52-week high of $674.19, reached on February 19. Shares of Deere & Company have fallen 28.5% over the past three months, ahead of the broader Dow Jones Industrial Average ($DOWI)’s 1.3% gain over the same time frame.
Additionally, DE has gained 33% on a year-to-date (YTD) basis, compared to the DOWI’s modest returns. Over the long term, the company’s shares have risen 32.9% over the past 52 weeks, outpacing the DOWI’s 12.3% gain over the same time frame.
Confirming this recent bullish trend, DE has been trading above its 50-day and 200-day moving averages since the beginning of this year.
Deere & Company stock rose in 2026, supported by the company’s stronger-than-expected quarterly results. In fiscal Q1 2026, Deere reported EPS of $2.42, beating analysts’ estimates, although this was down from $3.19 in the same quarter last year. Despite the YOY decline in earnings, investors reacted positively as revenues rose 13% to $9.6 billion, and strong growth in the Construction & Forestry and Small Agriculture & Turf segments, where sales rose 34% and 24%, respectively.
In comparison, DE’s competitor, Caterpillar Inc. ( CAT ) has gained 26.1% and 117.5% on a YTD basis over the past 52 weeks.
