Deere Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Earnings Report - Deere & Company is set to release its second-quarter earnings results on May 15, with expected earnings of $5.64 per share, a decrease from $8.53 per share in the same period last year [1] - The projected quarterly revenue is $10.79 billion, down from $13.61 billion a year earlier [1] First Quarter Performance - In the first quarter of 2025, Deere reported a net sales and revenue decline of 30% year-over-year, totaling $8.51 billion, which exceeded the consensus estimate of $7.70 billion [2] Stock Performance - Deere shares experienced a slight decline of 0.2%, closing at $497.50 [2] Analyst Ratings - UBS analyst Steven Fisher maintained a Neutral rating and reduced the price target from $462 to $440 [8] - Baird analyst Mircea Dobre downgraded the stock from Outperform to Neutral with a price target of $501 [8] - Evercore ISI Group analyst David Raso maintained an In-Line rating and increased the price target from $437 to $455 [8] - Truist Securities analyst Jamie Cook reiterated a Buy rating but lowered the price target from $550 to $546 [8] - JP Morgan analyst Tami Zakaria maintained a Neutral rating and raised the price target from $470 to $500 [8]