☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 1, 2026 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) (State or other jurisdiction of incorporation or organization) 36-2382580 (IRS Employer Identification No.) One John Deere Place Moline, Illino ...

We recently published 10 Stocks Jim Cramer Discussed & Continued To Talk About AI & Enterprise Software.  Deere & Company (NYSE:DE) is one of the stocks Jim Cramer discussed. Deere & Company (NYSE:DE) is one of the largest construction and agricultural equipment providers in the world. Its shares are up by 32% over the past year and by 38% year-to-date. The firm reported its fiscal first-quarter earnings results on February 13th. The results saw Deere & Company (NYSE:DE)’s net income sit at $656 million w ...

Core Insights - Caterpillar and Deere reported contrasting earnings, with Caterpillar achieving record revenue driven by data center demand, while Deere faced significant profit declines in agriculture [1] Group 1: Caterpillar's Performance - Caterpillar's Q4 2025 revenue reached $19.13 billion, exceeding the consensus estimate of $16.2 billion, with a 44% year-over-year surge in power generation [1] - The Power & Energy segment grew 23% to $9.40 billion, contributing significantly to Caterpillar's success [1] - Caterpillar ended 2025 with a record backlog of $51 billion, up 71% from the previous year [1] Group 2: Deere's Performance - Deere's Q1 fiscal 2026 revenue was $9.61 billion, a 13% increase year-over-year, with EPS of $2.42 beating the estimate of $2.10 [1] - The Production & Precision Agriculture segment saw a 59% collapse in operating profit, with margins dropping from 11.0% to 4.4% [1] - Despite challenges, Deere's Construction & Forestry operating profit more than doubled [1] Group 3: Market Outlook and Challenges - Caterpillar faces $2.6 billion in incremental tariff costs in 2026, impacting margins in Construction and Resource Industries [1] - Deere anticipates a 15% to 20% decline in large agriculture markets in 2026, with a projected $1.2 billion pretax tariff expense [1] - Both companies are navigating tariff impacts but from different operational angles [1] Group 4: Valuation and Growth Potential - Caterpillar's stock has increased 34% year-to-date and 130% over the past year, with a current trailing P/E of 41x and forward P/E of 23x [1] - Deere's stock is up 38% year-to-date, with a trailing P/E of 35x and forward P/E of 23x, indicating a more modest one-year gain of 35% [1] - Caterpillar's growth is supported by a strong backlog and expansion plans, while Deere's recovery hinges on agricultural market conditions [1]

American Express Co., Deere & Co. and Johnson & Johnson have dropped diversity criteria for selecting new board directors, according to a conservative shareholder activist group.Goldman Sachs Group Inc. is considering a similar change, Bloomberg confirmed earlier this week. The moves are the latest ways that pressure from conservatives is changing corporate management and governance. American Express signed an agreement in October with the nonprofit National Legal and Policy Center, an activist shareholder ...

Morgan Stanley raised the firm’s price target on Deere (DE) to $730 from $560 and keeps an Overweight rating on the shares. Despite the year-to-date move in shares and lingering challenges in Ag fundaments, the firm sees near-term and long-term reasons why Deere can continue to outperform, the analyst tells investors. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on DE: Disclaimer & D ...

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: Baird upgraded Henry Schein (HSIC) to Outperform from Neutral with a price target of $100, up from $78. The firm believes the bias across its dental names remains to the upside.UBS upgraded BlackRock (BLK) to Buy from Neutral with a $1,280 price target. The upgrade is supported by strong Q4 results, positive comme ...

Monday, Jefferies analyst Stephen Volkmann cut his rating on Deere stock to Sell from Hold. ...

Nothing says “Friday afternoon in Washington” quite like a constitutional crisis followed by a spontaneous tax on every single thing you own. On February 20, 2026, the U.S. Supreme Court decided to remind the executive branch that the International Emergency Economic Powers Act (IEEPA) isn’t actually a “do whatever you want” card. In a 6-3 ruling that left the White House fuming and trade lawyers salivating, the Court struck down President Donald Trump’s sweeping reciprocal tariffs as unlawful. Naturally, t ...

Group 1 - Deere & Company has been rated as a Hold since June, indicating a cautious stance on the stock despite initial positive performance [1] - The focus is on undervalued companies with strong fundamentals and cash flows, particularly in sectors like Oil & Gas and consumer goods [1] - The analysis highlights a preference for long-term value investing while also acknowledging interest in deal arbitrage opportunities [1] Group 2 - The article emphasizes the importance of understanding the businesses being invested in, with a clear aversion to high-tech and certain consumer goods sectors [1] - There is a noted skepticism towards cryptocurrencies as an investment option [1] - The aim is to connect with like-minded investors through Seeking Alpha, fostering a community focused on informed decision-making and superior returns [1]

Core Viewpoint - The global large agriculture industry is facing challenges, but there is a recovery in demand for construction and small agriculture segments, suggesting that 2026 may represent the bottom of the current cycle, providing a foundation for future growth [1] Financial Performance - Deere reported fiscal first-quarter results that exceeded expectations and raised its fiscal 2026 outlook, indicating that the agriculture equipment cycle may be nearing a bottom [2] - Equipment Operations net sales increased by 17.5% year over year, driven by higher shipment volumes and favorable foreign exchange, despite muted pricing [2] - By segment, Production and Precision Ag increased by 3.1%, Small Ag and Turf rose by 24.0%, and Construction and Forestry grew by 33.9%, primarily due to volume and foreign exchange tailwinds [3] Profitability and Margins - Operating margins for Equipment Operations declined by 184 basis points year over year to 5.9%, largely due to tariff impacts, with management expecting about $1.2 billion in direct tariff expenses in fiscal 2026 [4] Outlook and Guidance - Despite headwinds, Deere improved its fiscal 2026 outlook across most of its portfolio, with an estimated $375 million increase in Equipment Operations net income and a $500 million improvement in operating cash flow at the midpoint [5] - The agricultural backdrop is described as steady, with stable global crop production and improving farm income expectations, supported by recent policy and commodity demand signals [6] Inventory and Production Alignment - Dealer inventory drawdowns through 2025 have better aligned production with retail demand, positioning 2026 as a potential cycle trough and 2027 for a healthier recovery if replenishment follows [7] Analyst Sentiment - Analysts have turned more bullish on Deere, with RBC raising its price forecast to $736, UBS increasing its forecast to $775, and Truist Securities raising its forecast to $793 [8]