Deere Raised FY26 Net Income Outlook: Is Growth Sustainable?

Key Takeaways Deere raised the FY26 net income guidance to $4.5-$5B on stronger segment sales growth.Deere saw revenues rebound with 17.5% y/y growth in Q1, but profits fell on costs and tariffs.Deere faces demand pressure as U.S. farm income is forecast to dip and expenses are likely to rise.Deere & Company (DE) recently increased its net income guidance for fiscal 2026 to $4.5-$5 billion. This is backed by the expected 15% increase in the company’s Small Agriculture & Turf segment and Construction & Fores ...