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tz-plus logo Stocks in Action USA: Deere, Webull and Bitcoin.

L. Kulikov
Reading Time: 4 minutes

Deere (DE) - The agricultural giant raises its lower profit forecast – farmer boom not expected until 2027! Deere raises the lower end of its annual forecast, now expecting a net profit of $4.75 to $5.00 billion for the fiscal year 2026, up from a previous outlook of $4.5 to $5.0 billion. This increase is driven by uneven developments: The margin-rich core segment Production & Precision Agriculture (large machinery and precision technology) shrinks by 6% to $3.998 billion, as farmers order fewer large equipment due to lower purchasing power....

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