What is the P/E ratio of DE stock?

The trailing P/E is 35.94 and the forward P/E is 35.59.

What is the bullish thesis for DE?

The analyst believes long-term demand for agricultural and infrastructure equipment will support growth, and current valuation is attractive.

Does the analyst recommend buying DE?

The analyst presents a bullish thesis but does not give an explicit buy or sell recommendation in the article.

Is Deere & Company (DE) a Good Stock to Buy Now? Bullish Thesis

We review a bullish thesis on Deere & Company (DE) from a Substack analyst, with current price and valuation multiples.

July 4, 2026

2 min read

Source: Insider Monkey

Key Numbers

share price

$634.33

trailing pe

35.94

forward pe

35.59

Deere & Company (DE) Stock Analysis: Is It a Buy?

We came across a bullish thesis on Deere & Company (NYSE: DE) on R. Dennis's Substack by OppCost. The analyst presents optimistic arguments for the stock, which traded at $634.33 as of June 30, 2026.

Current Valuation Details

Share Price: $634.33
Trailing P/E: 35.94
Forward P/E: 35.59

Bullish Thesis Rationale

The analyst highlights Deere's strength in agricultural equipment and infrastructure, with long-term demand growth supported by food security and farm mechanization. The current valuation (P/E ~36) is considered attractive relative to historical sector averages if earnings expectations are met.

Market Context

No other analyst ratings were mentioned in the original article. However, the stock has risen about 12% year-to-date (as of June 30), reflecting cautious optimism.

Our Take

The bullish thesis relies on long-term fundamentals, but investors should weigh optimism against relatively high valuation and cyclical industry risks. Waraqati does not recommend buying or selling the stock.

Frequently Asked Questions

DE stock closed at $634.33 on June 30, 2026.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.