Deere & Co (DE) opened up by 7.56%. The Industrial Goods industry is up by 0.23%. The company outperformed the industry. Top 3 gainers of the industry: Deere & Co (DE) up 7.56%; Polar Power Inc (POLA) up 4.96%; Laser Photonics Corp (LASE) up 4.19%.

Deere & Company (DE) experienced a significant upward movement in its stock price today, primarily driven by the release of its first quarter fiscal year 2026 financial results, which substantially exceeded market expectations. The company reported earnings per share that surpassed analyst consensus estimates, along with revenue figures that also outperformed projections for the quarter ended February 1, 2026. This strong financial performance for the quarter served as a major catalyst for investor confidence.

Adding to the positive sentiment, Deere raised its full-year net income guidance for fiscal 2026. The updated outlook, now projected between $4.5 billion and $5.0 billion, suggests an improving operational environment and strong management expectations for the remainder of the year. This upward revision in guidance was particularly impactful, as it signaled resilience and growth potential despite ongoing challenges in certain segments of the broader agricultural industry.

Further underpinning the robust results, the company highlighted a recovery in demand within its construction and small agriculture segments. Sales for Small Agriculture & Turf showed particularly strong growth, and the Construction & Forestry segment also delivered solid performance, with operating profit more than doubling. These segmental successes indicate a diversified strength within Deere's operations, contributing to the overall optimistic forecast. The market reacted favorably to these financial metrics, perceiving them as clear upside surprises.

While the earnings report was the primary driver, other factors may have contributed to the positive market sentiment. Deere has been actively involved in technological advancements, participating in a 2026 Startup Collaborator Program focused on AI, robotics, and data-driven insights, which aligns with broader industry trends toward precision farming and autonomous machinery. Additionally, the company has teased an upcoming major product launch for February 25, 2026, featuring a new high-horsepower tractor, which could be building anticipation among investors and customers.

Technically, Deere & Co (DE) shows a MACD (12,26,9) value of [24.72], indicating a buy signal. The RSI at 69.39 suggests neutral condition and the Williams %R at -30.66 suggests oversold condition. Please monitor closely.

Deere & Co (DE) is in the Industrial Goods industry. Its latest annual revenue is 45.67B, ranking 2 in the industry. The net profit is 5.03B, ranking 2 in the industry. Company Profile

Over the past month, multiple analysts have rated the company as BUY, with an average price target of 517.32, a high of 612.00, and a low of 458.00.

Company Specific Risks:

• Deere forecasts a 5-10% decline in Production & Precision Agriculture sales for fiscal 2026 due to continued weakness in the large agriculture market, posing a risk to its core segment revenue.
• The company anticipates significant tariff expenses of $1.2 billion for fiscal year 2026, expected to be $300 million per quarter, which continue to pressure profit margins.
• Deere is actively collaborating with its dealer network to decrease stockpiled inventory levels, indicating potential oversupply or decelerated demand for some equipment.
• First-quarter 2026 net income decreased by 25% year-over-year to $656 million, down from $869 million in the same period last year, reflecting a contraction in profitability despite exceeding analyst estimates.

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