Professional
Added to YB: 2025-04-04
Pitch date: 2025-01-16
DE [bullish]
Deere & Company
+49.85%
current return
Author Info
No bio for this author
Company Info
Deere & Company engages in the manufacture and distribution of various equipment worldwide. The company operates through four segments: Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services.
Market Cap
$160.8B
Pitch Price
$441.77
Price Target
N/A
Dividend
1.09%
EV/EBITDA
25.39
P/E
33.44
EV/Sales
N/A
Sector
Machinery
Category
growth
The Nightview Fund New Position: Deere & Company
DE (new position): Transforming from machinery maker to ag-tech leader. Autonomous vehicles address labor shortages. See & Spray cut herbicide use 60%. Connected ecosystems improve decision-making. 18.2% op margins, $6.9B cash flow in 2024 despite lower volumes. Shifting to recurring revenue models. Long-term innovation leader in multi-trillion $ ag market.
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