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Oct 22, 2025 4:00 PM

Analyst Highlights Deere's Tech-Enabled Agriculture Edge, Predicts Growth Through 2026

RBC Capital analyst Sabahat Khan initiated coverage on Deere & Company (NYSE:DE) with an Outperform rating and announced a price target of $542.

Analyst View

Khan writes that Deere has successfully used its market position and scale to spearhead the industry’s shift toward tech-enabled agriculture.

Over the medium term, the analyst anticipates that the broader adoption of Deere’s technology-enabled offerings will help reduce its reliance on the traditional agricultural cycle.

Furthermore, significant investment in R&D has created a comprehensive suite of data-enabled offerings, according to the analyst.

Khan notes ...