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Deere is rolling out AI-powered autonomous tractors and expanding its digital agriculture platforms as it pushes further into precision farming.
The company is also moving deeper into construction technology with the acquisition of Tenna, a connected equipment and asset management platform.
Together, these moves mark a clear shift for Deere toward technology-driven solutions across farming and construction.
For investors watching NYSE:DE, the story is now about much more than traditional green tractors. Deere shares trade at $602.92, with returns of 29.2% year to date and 90.7% over five years. This puts a spotlight on how the market is treating its push into software, data and automation. The company is increasingly positioned as a hardware plus digital platform player across agriculture and construction.
Looking ahead, the rollout of autonomous equipment, AI tools and connected fleet management could be central to how Deere frames its long term opportunity. As you think about NYSE:DE, it may be helpful to track adoption of its digital offerings, integration of Tenna into Deere’s ecosystem and how customers respond to the shift toward precision, data driven operations.
Stay updated on the most important news stories for Deere by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Deere.
NYSE:DE Earnings & Revenue Growth as at Feb 2026
📰 Beyond the headline: 1 risk and 2 things going right for Deere that every investor should see.
For Deere, AI-powered autonomous tractors, digital agronomy tools and Tenna’s connected-fleet platform all point in the same direction: shifting more of its value from one-time machine sales to ongoing software, data and services. That matters when the core farm cycle is under pressure, as seen in the recent profit and revenue decline and a 50.5% drop in net income from the fiscal 2023 peak. If farmers and construction customers see clear productivity and cost benefits from Deere’s technology stack, recurring subscriptions and higher-value equipment packages could help smooth earnings through downturns and support cash generation to fund the dividend, which currently sits at $1.62 per share per quarter with a 34.2% payout ratio. At the same time, building out this platform puts Deere up against tech-heavy offerings from peers like CNH Industrial, AGCO and Caterpillar. Execution risk is real: integrating Tenna, scaling autonomous systems safely and proving return on investment to cautious customers will be critical. For you as an investor, the key question is whether this technology push becomes a durable second engine of value, or remains a costly add-on in a weaker farm and construction cycle.
The rollout of precision agriculture subscriptions, AI tools and connected equipment directly supports the narrative that higher-margin, recurring software and data services can help Deere recover earnings as the current downturn matures.
Rising tariffs, used equipment pressure and a 30% projected decline in large ag equipment, as flagged in the narrative, could make it harder for Deere to convince farmers to invest in autonomous systems and digital bundles, slowing the impact of these technology initiatives.
The Tenna acquisition and deeper move into construction technology extend the connected-platform story beyond farming, which is only partly reflected in the agriculture-focused narrative and may add another leg to future services growth if adoption builds.
Knowing what a company is worth starts with understanding its story. Check out one of the top narratives in the Simply Wall St Community for Deere to help decide what it’s worth to you.
⚠️ Analysts have flagged that Deere’s debt is not well covered by operating cash flow, so heavy investment in autonomy and digital platforms could strain finances if earnings pressure persists.
⚠️ Technology execution risk is meaningful, as integrating Tenna, scaling autonomous tractors and competing with peers like Caterpillar and CNH Industrial requires ongoing capital, strong safety records and clear customer payback.
🎁 Analysts see Deere trading at a discount to their estimate of fair value and expect earnings growth ahead, and the shift toward precision agriculture and connected fleets could support that view if adoption continues.
🎁 The combination of hardware, software and data services across both agriculture and construction broadens Deere’s addressable market and may help reduce reliance on any single equipment cycle over time.
From here, it makes sense to watch how quickly farmers and contractors adopt Deere’s autonomous tractors, precision-ag subscriptions and Tenna-powered fleet tools, especially during a period of softer farm income and cautious equipment spending. Pay attention to any disclosure on subscription counts, digital attach rates on new machines and customer retention, as these can signal whether the technology push is translating into recurring revenue. On the financial side, Deere’s ability to support its dividend, manage its payout ratio and improve cash flow coverage of debt while funding technology investments will be an important test. Competitive responses from AGCO, CNH Industrial and Caterpillar in precision farming and connected construction will also help show how defensible Deere’s ecosystem really is.
To ensure you’re always in the loop on how the latest news impacts the investment narrative for Deere, head to the community page for Deere to never miss an update on the top community narratives.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include DE.
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