John Deere Raises 2026 Profit Outlook as AI-Driven Construction Boom Offsets Farm Equipment Slowdown
Deere posts first profit rise in 3 years, beats estimates and lifts 2026 guidance as strong construction demand offsets farm equipment weakness.
Deere posts first profit rise in 3 years, beats estimates and lifts 2026 guidance as strong construction demand offsets farm equipment weakness.
The White House lowered tariffs on agricultural and industrial equipment from 25% to 15%. Citi sees this as an incremental positive for Deere, CNH Industrial, and AGCO.
Deere beat earnings but stock fell on weak farm demand, higher costs, and cautious outlook despite steady full-year guidance.
John Deere boosts full-year 2026 net income forecast to $4.5–5 billion as small ag & construction demand rebounds. Q1 revenue +13%. Shares up 5%.
Deere forecasts fiscal 2026 net income of $4-4.75B, below estimates. Q4 profit drops to $1.06B as tariffs and weak crop prices pressure the farm equipment maker.