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Deere Stock Tumbles Before Earnings as Wall Street Tests John Deere’s 2026 Rebound
Deere & Company shares fell 4.95% ahead of its fiscal second-quarter earnings report, raising concerns about its 2026 rebound narrative amidst sluggish demand for large farm equipment. Analysts predict a 12.5% drop in quarterly EPS and a 2.7% decline for fiscal 2026, despite the company having raised its net income outlook earlier this year. The stock faces challenges from tariffs, lower U.S. net farm income, and ongoing legal issues, although Wall Street maintains a largely “Buy” rating.