Deere disappoints with profit target for 2026

Deere draws a mixed conclusion after a turbulent 2025. The company describes a year full of uncertainties that nevertheless made the structural strength of the organization visible. More than $5 billion in net profit, robust margins, and a noticeable development of its technology platform – from precise assistance to autonomous functions – form, in the management's view, the foundation for the coming years. Profit forecast drops significantly The outlook for the upcoming fiscal year is notably more cautious. Deere expects net profits of $4...