As of January 28, 2025, Deere & Company (DE) stock is priced at $479.99. Deere is a leading global manufacturer of agricultural, construction, and forestry equipment, known for its iconic green and yellow tractors. The company’s products are essential for the agriculture and construction sectors, and its performance is closely tied to economic conditions, commodity prices, and technological innovations in automation and sustainability. This article will provide an in-depth look at Deere & Company’s stock price history and a detailed forecast for the years 2025, 2026, 2030, 2040, and 2050.
Overview of Deere & Company
Deere & Company is a multinational corporation founded in 1837, based in Moline, Illinois. The company is one of the largest producers of agricultural machinery, including tractors, combine harvesters, and lawn care equipment. Deere also manufactures construction and forestry equipment, with a strong presence in global markets. The company operates in three main segments: Agriculture & Turf, Construction & Forestry, and Financial Services.
Deere has made significant strides in recent years by incorporating advanced technology into its products, such as GPS systems, automated tractors, and autonomous machinery. Its commitment to innovation in precision agriculture has helped farmers and construction companies improve efficiency and productivity. Deere’s stock performance is heavily influenced by agricultural commodity prices, global demand for machinery, and the overall health of the global economy.
Deere & Company Stock Price History
Deere’s stock price has demonstrated impressive growth over the years, reflecting the company’s strong financial performance and market leadership. Below is a brief history of the company’s stock price:
- 2008-2009 Financial Crisis: During the financial crisis, Deere’s stock dropped significantly, following the global economic downturn and reduced demand for machinery. The stock price fell from around $90 in 2008 to below $40 in early 2009.
- 2010-2014 Recovery: After the crisis, Deere’s stock rebounded, reaching the $90-$100 range. The recovery in agricultural commodity prices and an increased demand for machinery in emerging markets fueled the growth.
- 2015-2019 Growth Phase: Deere continued to show steady growth, with its stock reaching new highs of $150-$180. The expansion into new markets and the launch of innovative products contributed to its strong performance.
- 2020-2021: The COVID-19 pandemic initially caused a dip in Deere’s stock price, but the company quickly recovered as demand for farming equipment surged, driven by the global food supply chain and the growing trend of digital farming.
- 2022-2024: Deere’s stock price saw significant growth, fueled by the demand for agricultural machinery, precision farming technologies, and strong market fundamentals. By late 2024, the stock had surged past the $400 mark.
- 2025: As of January 2025, Deere’s stock is priced at $479.99, reflecting investor confidence in its ability to maintain growth in a competitive market.
Deere & Company – DE Stock Forecast 2025
In 2025, Deere & Company is expected to continue benefiting from a strong agricultural market, ongoing technological advancements in the machinery sector, and increasing global demand for construction and forestry equipment. The company’s focus on automation, sustainability, and precision agriculture will likely position it for continued growth.
Key drivers for 2025:
- Strong global demand for agricultural equipment, particularly in emerging markets.
- Increased adoption of automation and precision farming technologies that boost efficiency and reduce costs for farmers.
- Positive market sentiment toward companies investing in sustainable practices, as Deere continues to focus on reducing its carbon footprint.
Forecasted Price: $510-$530
Deere & Company – DE Stock Forecast 2026
By 2026, Deere is likely to see steady growth as it continues to capitalize on technological innovations and global agricultural demand. The increasing focus on sustainable farming practices and the growing need for energy-efficient machinery will likely benefit Deere, as its product offerings align with these trends.
Key factors for 2026:
- Continued growth in the global agriculture sector, particularly in regions with rapidly developing economies.
- Expansion of Deere’s product line to include more autonomous and electric-powered machinery.
- Further investments in sustainability and energy-efficient technologies.
Forecasted Price: $550-$570
Deere & Company – DE Stock Forecast 2030
In 2030, Deere is expected to be well-positioned in a future where automation and smart technologies dominate the agricultural and construction sectors. By this time, Deere’s focus on environmental sustainability, electric-powered machinery, and precision agriculture will likely play a significant role in its market positioning.
Key trends for 2030:
- Increased market share in precision agriculture and autonomous equipment.
- Enhanced partnerships with technology companies to develop cutting-edge machinery.
- A larger emphasis on renewable energy sources, including the development of electric tractors and autonomous drones for farming.
Forecasted Price: $650-$700
Deere & Company – DE Stock Forecast 2040
By 2040, Deere & Company may undergo significant transformations, especially with the rise of fully autonomous farming and the global transition to more sustainable farming practices. Deere is likely to be a leader in the development of renewable energy-powered equipment and autonomous technology.
Key drivers for 2040:
- The shift towards fully automated farming, where Deere’s machinery plays a central role.
- Increased demand for sustainability in farming, driving growth for Deere’s energy-efficient and environmentally-friendly products.
- The company’s continued leadership in precision farming technology.
Forecasted Price: $900-$1,000
Deere & Company – DE Stock Forecast 2050
Looking to 2050, Deere & Company is likely to be a highly diversified global leader in the agricultural, construction, and forestry sectors. The company is expected to have transitioned fully into renewable energy-powered machinery, contributing significantly to global efforts to reduce carbon emissions.
Key trends for 2050:
- The integration of artificial intelligence (AI) and machine learning in farming and construction equipment.
- Fully autonomous tractors and harvesters that drastically increase productivity while reducing human labor.
- Continued expansion into renewable energy-powered equipment, offering eco-friendly solutions to the global market.
Forecasted Price: $1,500-$2,000
Deere & Company (DE) Stock Forecast
| Year | Predicted Stock Price Range ($) |
|---|---|
| 2025 | 510-530 |
| 2026 | 550-570 |
| 2030 | 650-700 |
| 2040 | 900-1,000 |
| 2050 | 1,500-2,000 |
Conclusion
Deere & Company is a strong player in the global agricultural, construction, and forestry equipment sectors, with a promising future ahead. The company’s ability to innovate in technology, sustainability, and automation is likely to drive significant growth in the coming decades. With its market-leading position and commitment to environmental and technological advancements, Deere’s stock is expected to perform well in the years ahead, making it an attractive option for long-term investors.
FAQs
What is the current stock price of Deere & Company?
As of January 28, 2025, the stock price of Deere & Company is $479.99.
What is the stock forecast for Deere & Company in 2025?
In 2025, Deere’s stock is expected to range between $510 and $530, driven by strong agricultural demand and technological advancements.
Will Deere & Company’s stock price rise in the coming years?
Yes, Deere’s stock price is expected to rise in the coming years as the company benefits from the growth in the agriculture sector, automation technologies, and sustainability trends.
What factors will influence Deere & Company’s stock price?
Deere’s stock price will be influenced by factors such as agricultural commodity prices, technological advancements, global demand for machinery, and the company’s sustainability initiatives.
What is the expected stock price of Deere & Company in 2050?
By 2050, Deere’s stock price is projected to range between $1,500 and $2,000, reflecting its transition to renewable energy-powered machinery and dominance in the global equipment market.
