Deere (DE) Stock Drops Despite Market Gains: Important Facts to Note
Portfolio Pulse from
Deere (DE) is experiencing stock price pressure amid expectations of declining earnings and revenue. The company's upcoming earnings report is anticipated to show a 32.71% drop in EPS and a 21.03% decrease in revenue compared to the same quarter last year. Currently holding a Zacks Rank of #3 (Hold), Deere is trading at a slightly premium valuation compared to its industry.
March 21, 2025 | 11:00 pm
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Deere's stock is expected to face challenges due to anticipated earnings decline and current valuation metrics that suggest a premium pricing compared to industry peers.
Declining earnings forecast, premium valuation, and potential industry challenges suggest short-term negative pressure on Deere's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100