Deere & Co

DE

Market cap $126B

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Deere & Company (NYSE: DE) posted upbeat fourth-quarter results and issued a worse-than-expected fiscal 2026 outlook on Wednesday.

VEGI and other DE-heavy ETFs draw attention as Deere's shares slide after a 14% drop in quarterly earnings.

James Demmert joins Market on Close to discuss John Deere's parent company and the state of industrial companies with exposure to the agriculture business. Deere (DE) reported a top-and-bottom line earnings beat, but shares slid on lackluster guidance and potential tariff-induced cost pressures impacting its international business.

Deere & Company remains a Hold as near-term fundamentals deteriorate despite strong Q4 revenue and past outperformance versus the S&P 500. DE's segments saw revenue growth but margin contraction, with rising production costs, tariffs, and weak agricultural markets pressuring profitability. Management expects a 5% revenue decline and a 13% profit drop for 2026, with agricultural demand and crop receipts projected to fall further.

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks picking up steam this Thanksgiving Eve — and bullish bets for 2026 are already rolling in.

Deere (NYSE: DE) shares are inching down on Wednesday after the industrial titan said tariffs and cost pressures will remain a “persistent challenge” in its fiscal 2026. The Moline-headquartered firm now sees its net income coming in at $4.375 billion in its current financial year, well below $5.11 billion that analysts had forecast.

Deere & Company ( DE ) Q4 2025 Earnings Call November 26, 2025 10:00 AM EST Company Participants Josh Beal - Director of Investor Relations Christopher Seibert John May - Chairman, President & CEO Josh Jepsen - Senior VP & CFO Deanna Kovar - President of Worldwide Ag & Turf Div, Production and Precision Ag and Americas and Australia Conference Call Participants Stephen Volkmann - Jefferies LLC, Research Division Jamie Cook - Truist Securities, Inc., Research Division Kristen Owen - Oppenheimer & Co. Inc., Research Division Timothy Thein - Raymond James & Associates, Inc., Research Division David Raso - Evercore ISI Institutional Equities, Research Division Jerry Revich - Wells Fargo Securities, LLC, Research Division Charles Albert Dillard - Sanford C. Bernstein & Co., LLC.

Major U.S. equities indexes climbed Thursday afternoon ahead of the Thanksgiving holiday amid renewed optimism about a Federal Reserve rate cut next month. The Dow, S&P 500, and Nasdaq all rose close to 1%.

DE posts softer Q4 earnings as higher production costs and tariffs weigh on profits despite double-digit sales gains.