DE · News · 20260824N
Guidance and Outlook
DEERE & CO · 2026-08-24 · Importance 51 · Surprise 60 · In source text
Third-party reporting said Deere raised its 2026 net income outlook after a stronger-than-expected fiscal third quarter. Management reportedly expects the agricultural equipment cycle to bottom in 2026, although farm-equipment demand remains pressured by weak agricultural economics. Construction demand, supported by AI data-center and infrastructure spending, is providing a cushion, while the durability of the construction boom and ongoing tariffs remain risks.
Key facts
- Deere & Co. raised its 2026 net income outlook. source
- Deere & Co. stated it believes the agricultural equipment cycle will bottom out in 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | committed | — | Deere & Co. raised its 2026 net income outlook. |