The Motley Fool for example calls Deere's recent financial performance "outstanding," and that "investors are looking for sizable year-over-year earnings gains from Deere to finish its 2022 fiscal year."
Zacks predicts net income for the full year to increase at least one billion dollars from 5.6 billion a year ago, thanks to what it calls the "preference for Deere’s products for their advanced technologies and features."
It also forecasts 4th quarter total revenue will rise 31 per cent over last year, and that earnings per share will jump 72 per cent.
Deere shares are now trading around 413 dollars, near the high end of its 52 week range of between 283 and 446 dollars.