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
- Reported 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 diluted 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 Hold at 4.2/10.
4 of the last 4 quarters beat the estimate; this quarter's +8.3% surprise compares with a +10.3% four-quarter average. Next scheduled report: 2026-11-25.
What supports the rating
- Strong earnings beat streak (4/4)
- Positive news sentiment (+0.70)
What argues against it
- Analyst target reached - limited upside remaining
- Near 52-week high (1.7% away)
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9)
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
- $698.27
- Price target
- $797.56
- Stop
- $646.87
- Upside to target
- +14.2%
The stock trades at 38.6× trailing but 30.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 73 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-09-06 — 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
- $186.99B
- P/E (fwd)
- 30.6
- P/E (ttm)
- 38.6
- 52-week range
- $433.00–$705.88
- Off 52-week high
- 1.1%
- RSI (14)
- 73
- Volume vs avg
- 0.78×
- Score today
- 4.2/10