In the recent flurry of activity, various investment firms have acquired and sold significant shares in Deere & Company $DE. The company's stock performance experienced some setbacks with a decrease in the third quarter net income by 26% and revenues dropping by 9%, causing a 6% fall in the stock. Despite this, Argus Research and Raymond James maintain their Buy rating for the company.
There's noticeable variability in the analyst outlook; Deere's stock is considered Overvalued by some, while others suggest buying it ahead of upcoming earnings, reinforcing the belief that the stocks have been hot lately. However, due to its recent performance, there's also a prediction of more than 30% downside risk to Deere stocks.
Cathie Wood bought Deere stocks on a post-earnings dip and the Bill & Melinda Gates Foundation Trust vouches it to be amongst the best stocks to buy. Despite Deere’s stock valuation rising, their financials indicate a downward trend leading to speculations that its single miss could crash the company's stock market party.
Deere Stocks DE News Analytics from Thu, 13 Feb 2025 08:00:00 GMT to Sat, 06 Sep 2025 11:59:23 GMT - Rating 0 - Innovation -2 - Information 6 - Rumor -4