DE
Deere & CompanyNYSEIndustrialsFarm & Heavy Construction MachinerySnapshot 2026-05-08
As of May 8, 2026, DE has a composite score of 10.9 and a signal label of "mild favorable." This score is influenced by a medium confidence level of 74.9 and reflects a moderate risk label. Key drivers include macroeconomic factors such as growth and labor conditions, with sector performance also impacting the overall assessment. The analysis is provisional.
Price
Daily closes from AlphaVantage. Earnings/event dots are placed inline.
Factor signals
Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.
Thesis
— is this a strong company over a 1–3 year hold?Why this rank
- Direction share1.00
- Slope (norm)0.04
- Bonus0.00
Why this rank
Trailing four: 2025-Q1, 2025-Q2, 2025-Q3, 2026-Q1
Why this rank
Watch
— has something changed worth re-reading?Why this setup
EPS estimate $5.06 → $5.09 (+0.5% / 30d). 2 raised, 1 cut, 17 covering analysts.
0 upgrades, 0 downgrades / 30d, 1 maintained. 54% of analysts rate Buy.
0 positive, 0 negative / 30d.
F4 · Management deep-dive — recent events, stated priorities, guidance track record
Recent 8-K events
5 material events in the last 24 months — top 5 listed below.
Stated priorities
2 priorityies extracted from earnings transcripts (as of 2026-05-08).
- 1.Increase net income guidancegrowthmixed63% progress
2/19: “Net income guidance range increased to $4.5 billion - $5.0 billion.”
Why this status
Stated in 2 of last 2 quarters. Net income guidance increased from a range of $4.00 billion - $4.75 billion in 2025-Q4 to $4.5 billion - $5.0 billion in 2026-Q1. Despite the increase, the financials show a decline in net income from $3.14 billion in 2025-Q4 to $656 million in 2026-Q1, indicating limited progress towards achieving the higher guidance.
- 2.CFO transitiontalentwatchprovisional
5/1: “Election of Chief Financial Officer On April 28, 2026.”
Why this status
Newly stated in 2026-Q2. The CFO transition occurred with the appointment of T. Brent Norwood as the new CFO effective May 1, 2026. This change in leadership is a strategic move, but its impact on financial performance remains to be seen as the transition is recent.
Guidance track record
Insufficient guidance history for this ticker.
Position context
— how violent might the path be while I hold it?Why this risk level
Recent vol — 30d annualized 36%; 252d 29%.
Drawdown — Max 1y −17%. Bad day move −2%.
Beta to sector ETF (XLI) — 0.97 over 1y.
Liquidity — score 100/100.
Sub-scores — vol 52/100, drawdown 66/100, beta 97/100, earnings vol —.
via XLI
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-05-08.
What changed
The most important moves since the prior daily snapshot.
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-05-08
Management scorecard
How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.
What management is focused on
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
- #1
Increase net income guidance
GrowthNew since 2026-05-04Management aims to increase net income guidance for fiscal 2026.
Behind →MixedStated in 2 of last 2 quarters. Net income guidance increased from a range of $4.00 billion - $4.75 billion in 2025-Q4 to $4.5 billion - $5.0 billion in 2026-Q1. Despite the increase, the financials show a decline in net income from $3.14 billion in 2025-Q4 to $656 million in 2026-Q1, indicating limited progress towards achieving the higher guidance.
Net income guidance range increased to $4.5 billion - $5.0 billion63%CEO/CFO:“Net income guidance range increased to $4.5 billion - $5.0 billion.”Multiple sourcesSource dated 2026-02-19Stated 2 of last 8 quartersFirst seen 2026-05-04Show history (2)
- 2026-Q1Multiple sources
“Net income guidance range increased to $4.5 billion - $5.0 billion.”
- 2025-Q4Multiple sources
“Full-year 2026 earnings are projected to be between $4.00 billion and $4.75 billion.”
- #2
CFO transition
TalentNew since 2026-05-04Transition of CFO with the appointment of T. Brent Norwood.
WatchNewly stated in 2026-Q2. The CFO transition occurred with the appointment of T. Brent Norwood as the new CFO effective May 1, 2026. This change in leadership is a strategic move, but its impact on financial performance remains to be seen as the transition is recent.
No scoreCEO/CFO:“Election of Chief Financial Officer On April 28, 2026.”Multiple sourcesSource dated 2026-05-01Stated 1 of last 8 quartersFirst seen 2026-05-04provisionalShow history (1)
- 2026-Q2Multiple sources
“Election of Chief Financial Officer On April 28, 2026.”
How this stock is priced
Two ways to read price: against peers in the same business, and against the company's own history.
Looks more expensive than peers.
Richer than its own typical valuation.
P/E over the last 5 years
71 monthly pointsHow this compares
A side-by-side read on composite, valuation, and risk versus peers.
| Stock | Composite | Valuation | Risk |
|---|---|---|---|
DE Deere & Company | +11 | expensive | moderate |
CAT Caterpillar Inc. | +13 | expensive | moderate |
GE GE Aerospace | +11 | expensive | moderate |
GEV GE Vernova | +10 | full | moderate |
RTX RTX Corporation | +20 | fair | moderate |
Risk — how this stock moves
What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.
What could change this view
Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.
- If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
- If next-quarter guidance is cut (currently RAISED as of 2026-02-19)-16 pts
- If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
- If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
- If labor state reverses from -0.31 (negative) to +0.31 (positive)-3.7 pts
Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-017d agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Election of Chief Financial Officer On April 28, 2026, the board of directors of Deere & Company (the “Company”) elected T. Brent Norwood, 44, as its Senior Vice President and Chief Financial Officer (principal financial officer and principal accounting officer) , effective May 1, 2026. Mr. Norwood replaces Ryan D. Campbell, who was acting Chief Fi…
executive changeneutralscore 67 - 2026-03-161mo agoItem 5.02
Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 12, 2026, upon recommendation of the Compensation Committee, the Board of Directors of Deere & Company (the “Company”) approved grants of one-time awards of performance-based restricted stock units (“PSUs”) to the Company’s named executive officers listed below as well as certain other senior officers, under the John Deere 2020 Equity and…
executive changeneutralscore 17 - 2026-02-192mo agoItem 2.02
Results of Operations and Financial Condition On Thursday, February 19, 2026, Deere & Company (the “Company”) issued a press release announcing its results of operations for the first quarter of fiscal 2026. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
earnings preannouncementpositivescore 12 - 2026-01-223mo agoItem 5.02
Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 20, 2026, Joshua A. Jepsen notified Deere & Company (the “Company”), of his decision to resign as Senior Vice President and Chief Financial Officer of the Company effective as of February 19, 2026. Mr. Jepsen’s decision to leave the Company is not related to any financial or accounting issue or any disagreement with the Company on any ma…
executive changeneutralscore 7 - 2025-12-045mo agoItem 5.02
Departure of Directors or Certain Officers, Election of Directors, Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 3, 2025, the Board of Directors (the “Board”) of Deere & Company (the “Company”) increased the size of the Board from 10 to 11 directors and elected Brian Sikes to the Board effective December 4, 2025. Mr. Sikes is the Chair, President and Chief Executive Officer of Cargill, Incorporated (“Cargill”) headquartered in Minnetonka, Minnesot…
executive changeneutralscore 2
Score history
The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.