Is Deere & Company (NYSE:DE) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Deere & Company at current levels.
The ag downcycle is closer to the bottom than the top, and Deere's autonomy stack turns a tractor company into a software annuity.
Where DE is headed
Picture Deere in 2028 not as a cyclical equipment maker bouncing along the bottom of a corn price chart, but as the operating system for industrial-scale farming. The See & Spray rigs already cut herbicide use by two-thirds on early customers. The autonomous 8R tractor is being rented by the acre through John Deere Operations Center. By late 2027, management has guided to roughly 10% of large ag equipment running fully autonomous, and every one of those machines carries a recurring software fee that drops at 85% gross margins. That changes what the through-cycle earnings power of this business actually looks like.
Read the full Compass Direction on DE
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $577.33).
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Frequently asked questions
Is Deere & Company (NYSE:DE) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Deere & Company at current levels. The ag downcycle is closer to the bottom than the top, and Deere's autonomy stack turns a tractor company into a software annuity.
What is DE's Compass Score?
Deere & Company scores 28/100 on Alexandria's Compass, placing it in the "Headwinds" tier. Scores blend eight factors and update weekly.
What is the price target for DE?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the DE page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.