Deere & Co (NYSE:DE) beat earnings estimates with $5.10 per share, raised full-year outlook for net income to $4.75-5 billion and expects bottom of ag equipment cycle in 2026. Share price up 0.5%. Analysts revised price targets to $640 and $685.

The equipment maker raised its full-year net income forecast to $4.75 billion–$5 billion after its construction and forestry segment posted an 84% jump in operating profit

Deere stock rises on Q3 earnings beat and raised 2026 outlook. EPS of $5.10 beats $4.70 estimate as CEO calls 2026 the ag cycle bottom.