Deere gains after annual profit forecast raise

Shares of tractor maker Deere & Co DE.N rise 4.5% to $620 premarket

Co raises FY net income forecast, benefiting from earlier cost-cutting measures that helped cushion the impact of soft equipment demand

Sees FY26 net income to range between $4.5 billion and $5 billion, above its previous forecast of $4 billion to $4.75 billion

Reports Q1 revenue of $9.61 billion, above analysts' estimates of $7.69 billion - data compiled by LSEG

DE gained 9.9% in 2025