Deere & (DE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $5.10
- Estimate
- $4.71
- Surprise
- +8.3%
- Score at report (before → after)
- 4.0 → 4.1/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Deere & (DE) beat the $4.71 estimate with adjusted EPS of $5.10 — a clear 8.3% upside surprise. TrendMatrix's engine moved from Buy (Wait) (4.0/10) to Sell at 4.1/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates DE Sell at 4.9/10.
3 of the last 4 quarters beat the estimate; this quarter's +8.3% surprise compares with a +11.0% four-quarter average. Next scheduled report: 2026-11-25.
What supports the rating
- Strong earnings beat streak (3/4)
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.1)
- Sector modifier (Industrials): -0.7
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $641.30
- Price target
- $705.11
- Stop
- $601.36
- Upside to target
- +10.0%
The stock trades at 36.2× trailing but 28.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-16 — shown for context, not personalized investment advice.
DE at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Farm & Heavy Construction Machinery
- Market cap
- $175.44B
- P/E (fwd)
- 28.6
- P/E (ttm)
- 36.2
- 52-week range
- $445.55–$721.22
- Off 52-week high
- 11.1%
- RSI (14)
- 34
- Volume vs avg
- 0.37×
- Score today
- 4.9/10