Deere (DE) is gaining investor attention due to a significant recent share price increase and strong financial performance. While the stock’s current price of US$612.69 is well above the average analyst target and a $526.91 fair value estimate, Simply Wall St’s DCF model suggests it might be undervalued, with a future cash flow value of $672.33. The company’s valuation is influenced by the rapid adoption of its precision agriculture solutions and potential risks from rising costs and a softer market in North America.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Assessing Deere’s (DE) Valuation After Strong Recent Share Price Momentum
Deere (DE) is gaining investor attention due to a significant recent share price increase and strong financial performance. While the stock’s current price of US$612.69 is well above the average analyst target and a $526.91 fair value estimate, Simply Wall St’s DCF model suggests it might be undervalued, with a future cash flow value of $672.33. The company’s valuation is influenced by the rapid adoption of its precision agriculture solutions and potential risks from rising costs and a softer market in North America.