Deere Company Stock Price Prediction

DE Stock  USD 409.14  12.09  3.04%   
At the present time, The RSI of Deere's share price is at 55 suggesting that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Deere, making its price go up or down.

Oversold Vs Overbought

55

 
Oversold
 
Overbought
Deere Company stock price prediction is an act of determining the future value of Deere shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Deere's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Deere and does not consider all of the tangible or intangible factors available from Deere's fundamental data. We analyze noise-free headlines and recent hype associated with Deere Company, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Deere's stock price prediction:
Quarterly Earnings Growth
(0.05)
EPS Estimate Current Year
27.29
EPS Estimate Next Year
27.61
Wall Street Target Price
418.41
EPS Estimate Current Quarter
5.21
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Deere based on different types of headlines from major news networks to social media. The Deere stock price prediction module provides an analysis of price elasticity to changes in media outlook on Deere over a specific investment horizon. Using Deere hype-based prediction, you can estimate the value of Deere Company from the perspective of Deere response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Deere using Deere's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Deere using crowd psychology based on the activity and movement of Deere's stock price.

Deere Short Interest

A significant increase or decrease in Deere's short interest from the previous month could be a good indicator of investor sentiment towards Deere. Short interest can provide insight into the potential direction of Deere stock and how bullish or bearish investors feel about the market overall. An investor who is long Deere may also wish to track short interest. As short interest increases, investors should be becoming more worried about Deere and may potentially protect profits, hedge Deere with its derivative instruments, or be ready for some potential downside.
200 Day MA
391.7365
Short Percent
0.0109
Short Ratio
1.64
Shares Short Prior Month
2.6 M
50 Day MA
380.3078

Deere Company Hype to Price Pattern

Investor biases related to Deere's public news can be used to forecast risks associated with an investment in Deere. The trend in average sentiment can be used to explain how an investor holding Deere can time the market purely based on public headlines and social activities around Deere Company. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Deere's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Deere.

Deere Implied Volatility

    
  33.39  
Deere's implied volatility exposes the market's sentiment of Deere Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Deere's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Deere stock will not fluctuate a lot when Deere's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Deere. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Deere to buy its stock at a price that has no basis in reality. In that case, they are not buying Deere because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Deere after-hype prediction price

    
  USD 409.41  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Deere contract

Based on the Rule 16, the options market is currently suggesting that Deere Company will have an average daily up or down price movement of about 2.09% per day over the life of the 2024-03-28 option contract. With Deere trading at USD 409.14, that is roughly USD 8.54 . If you think that the market is fully incorporating Deere's daily price movement you should consider acquiring Deere Company options at the current volatility level of 33.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Deere Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Deere's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
374.00375.25450.05
Details
Naive
Forecast
LowNextHigh
400.19401.44402.70
Details
29 Analysts
Consensus
LowTargetHigh
381.38419.10465.20
Details
Earnings
Estimates (0)
LowProjected EPSHigh
7.447.868.45
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Deere. Your research has to be compared to or analyzed against Deere's peers to derive any actionable benefits. When done correctly, Deere's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Deere Company.

Deere After-Hype Price Prediction Density Analysis

As far as predicting the price of Deere at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Deere or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Deere, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Deere Estimiated After-Hype Price Volatility

In the context of predicting Deere's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Deere's historical news coverage. Deere's after-hype downside and upside margins for the prediction period are 408.16 and 410.66, respectively. We have considered Deere's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
409.14
408.16
Downside
409.41
After-hype Price
410.66
Upside
Deere is very steady at this time. Analysis and calculation of next after-hype price of Deere Company is based on 3 months time horizon.

Deere Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Deere is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Deere backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Deere, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.05 
1.26
  0.27 
  0.03 
10 Events / Month
6 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
409.14
409.41
0.07 
23.38  
Notes

Deere Hype Timeline

As of March 28, 2024 Deere Company is listed for 409.14. The entity has historical hype elasticity of 0.27, and average elasticity to hype of competition of 0.03. Deere is forecasted to increase in value after the next headline, with the price projected to jump to 409.41 or above. The average volatility of media hype impact on the company the price is about 23.38%. The price growth on the next news is projected to be 0.07%, whereas the daily expected return is currently at 0.05%. The volatility of related hype on Deere is about 183.94%, with the expected price after the next announcement by competition of 409.17. The company generated the yearly revenue of 60.25 B. Reported Net Income was 10.15 B with gross profit of 21.12 B. Allowing for the 90-day total investment horizon the next forecasted press release will be in about 10 days.
Check out Deere Basic Forecasting Models to cross-verify your projections.

Deere Related Hype Analysis

Having access to credible news sources related to Deere's direct competition is more important than ever and may enhance your ability to predict Deere's future price movements. Getting to know how Deere rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Deere may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
GPGreenPower Motor(0.07)10 per month 0.00 (0.23) 4.87 (5.02) 16.54 
HYHyster Yale Materials Handling 0.07 9 per month 3.76  0  4.74 (4.05) 24.51 
MNTXManitex International(0.19)3 per month 0.00 (0.11) 4.58 (6.10) 16.08 
NKLANikolaCorp(0.02)12 per month 4.36  0.03  9.46 (7.50) 20.78 
ZEVYWLightning EMotors 0.00 0 per month 28.13  0.17  100.00 (47.62) 346.19 
ALGAlamo Group 0.55 7 per month 1.78  0  2.25 (2.06) 8.90 
CATCaterpillar 5.33 8 per month 1.19  0.17  2.32 (2.54) 6.20 
LEVLion Electric Corp(0.19)7 per month 0.00 (0.11) 3.95 (4.57) 16.72 

Deere Additional Predictive Modules

Most predictive techniques to examine Deere price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Deere using various technical indicators. When you analyze Deere charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Deere Predictive Indicators

The successful prediction of Deere stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Deere Company, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Deere based on analysis of Deere hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Deere's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Deere's related companies.
 2010 2020 2023 2024 (projected)
Price Earnings Ratio26.410.3818.7519.68
Short Term Coverage Ratios0.560.340.50.52

Story Coverage note for Deere

The number of cover stories for Deere depends on current market conditions and Deere's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Deere is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Deere's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Deere Short Properties

Deere's future price predictability will typically decrease when Deere's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Deere Company often depends not only on the future outlook of the potential Deere's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Deere's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding286.9 M
Cash And Short Term Investments8.4 B
When determining whether Deere Company is a strong investment it is important to analyze Deere's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Deere's future performance. For an informed investment choice regarding Deere Stock, refer to the following important reports:
Check out Deere Basic Forecasting Models to cross-verify your projections.
Note that the Deere Company information on this page should be used as a complementary analysis to other Deere's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Deere Stock analysis

When running Deere's price analysis, check to measure Deere's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Deere is operating at the current time. Most of Deere's value examination focuses on studying past and present price action to predict the probability of Deere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Deere's price. Additionally, you may evaluate how the addition of Deere to your portfolios can decrease your overall portfolio volatility.
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Is Deere's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deere. If investors know Deere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
5.32
Earnings Share
34.31
Revenue Per Share
211.12
Quarterly Revenue Growth
(0.04)
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deere's market value can be influenced by many factors that don't directly affect Deere's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deere is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.