LIVE
DE
Deere & Company · Industrials
$589.24
+5.59% this month
VERSUS
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COMPARE
AGCO
AGCO Corporation · Industrials
$113.66
+1.92% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
DE
2
AGCO
2
Comparison scoreboard
MIXED SETUPAI Score
DE ✓58.1
AGCO 38.7
1Y Return
DE ✓+12.64%
AGCO +11.98%
Fwd P/E
DE 25.27
AGCO ✓14.05
Target Up.
DE +11.56%
AGCO ✓+12.62%
Op. Margin
DE 17.48%
AGCO N/A
Metrics last refreshed: 6/20/2026
Quick take
DE vs AGCO Stock Comparison: AI Score, Valuation, Performance and Upside
John Deere and AGCO are the first and third-largest agricultural equipment companies respectively (with CNH in second), competing in global farm machinery and precision agriculture. Deere dominates North America with brand loyalty and Operations Center technology lead. AGCO is stronger in Europe (through Fendt) and South America. Both are in equipment cycle downturns and investing in precision agriculture technology, but Deere's scale and technology leadership create a sustainable competitive gap.
DE vs AGCO is the world's largest ag equipment maker with Operations Center technology leadership and North American dominance (Deere) versus the multi-brand agricultural equipment company with Fendt's European premium position and South American strength (AGCO) — global #1 with technology lead vs international multi-brand equipment alternative.
Live analysis · updated 6/20/2026
DE and AGCO are closely matched — they split the tracked metrics evenly. DE has delivered stronger 1-year price return (+12.64% vs +11.98%), though AGCO trades at the lower forward P/E (14.05x vs 25.27x). Analyst consensus implies similar upside for both: +11.56% for DE and +12.62% for AGCO.
Normalized 1Y performance
DE
AGCO
Recent returns
DE
AGCO
Analyst price targets & sentiment
DE · 23 analysts
STRONG BUYHOLDSTRONG SELL
Buy (2.3/5.0)
Price target range
analyst low$460.00
analyst high$750.00
analyst mean$644.21
current price$589.24
+11.6% upside to analyst mean
AGCO · 14 analysts
STRONG BUYHOLDSTRONG SELL
Hold (2.7/5.0)
Price target range
analyst low$105.00
analyst high$152.00
analyst mean$128.00
current price$113.66
+12.6% upside to analyst mean
Who should consider this stock?
DE may suit investors who:
- →prefer the world's most recognized agricultural equipment brand with the most advanced precision agriculture technology and Operations Center platform leadership
- →value Deere's North American market dominance and construction equipment diversification alongside agriculture
- →want agricultural infrastructure compounding from the brand farmers trust across generations with increasing software-driven switching costs
- →are comfortable with large ag equipment demand downturn, right-to-repair controversy, and premium valuation reflecting quality
AGCO may suit investors who:
- →prefer European and South American agricultural equipment exposure through Fendt (European premium) and Massey Ferguson (global value) brands
- →value AGCO's geographic diversification reducing US farm income cycle concentration vs Deere's North America dominance
- →want agricultural equipment exposure at lower valuation multiples than Deere reflecting AGCO's smaller scale and lower technology lead
- →are comfortable with European agricultural policy exposure, narrower precision ag technology compared to Deere's Operations Center, and smaller R&D investment capacity
Performance & AI score
| Metric | DE | AGCO |
|---|---|---|
| AI score | 58.1 | 38.7 |
| AI rank | #199 | #1243 |
| Latest close | $589.24 | $113.66 |
| 1M return | +5.59% | +1.92% |
| 6M return | +22.50% | +7.36% |
| 1Y return | +12.64% | +11.98% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | DE | AGCO |
|---|---|---|
| 1Y ago | $11.22K (+12.2%) started 2025-06-18 | $11.31K (+13.1%) started 2025-06-18 |
| 5Y ago | $19.4K (+94.0%) started 2021-06-21 | $12.61K (+26.1%) started 2021-06-18 |
| 10Y ago | $93.67K (+836.7%) started 2016-06-20 | $34.31K (+243.1%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | DE | AGCO |
|---|---|---|
| Market cap | $155.88B | $8.23B |
| Trailing P/E | 32.68 | 10.96 |
| Forward P/E | 25.27 | 14.05 |
| Price/Sales | 3.10 | 0.79 |
| EV/Revenue | 4.13 | 1.03 |
| Analyst target | $644.21 | $128.00 |
| Target upside | +11.56% | +12.62% |
Growth, profitability & risk
| Metric | DE | AGCO |
|---|---|---|
| Revenue growth | -11.10% | 14.30% |
| Earnings growth | -8.50% | 441.90% |
| EPS growth | -8.50% | +441.90% |
| FCF margin | +2.32% | +6.71% |
| Operating margin | 17.48% | N/A |
| Profit margin | 10.10% | 7.43% |
| ROIC proxy | 18.35% | 17.53% |
| Return on equity | 18.35% | 17.53% |
| Dividend yield | 1.12% | 1.06% |
| Beta | 0.93 | 1.08 |
| Debt/equity | 376.02 | 59.71 |
| Current ratio | 2.21 | 1.29 |
| Quick ratio | 1.97 | 0.43 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
DE max drawdown20.13%
AGCO max drawdown22.42%
DE max wkly drop7.53%
AGCO max wkly drop9.57%
5Y risk snapshot
DE max drawdown33.81%
AGCO max drawdown43.50%
DE max wkly drop14.56%
AGCO max wkly drop18.37%
10Y risk snapshot
DE max drawdown37.91%
AGCO max drawdown54.07%
DE max wkly drop21.71%
AGCO max wkly drop34.24%
Performance metrics by period
| Period | Metric | DE | AGCO |
|---|---|---|---|
| 1Y | Growth | +12.24% | +11.98% |
| CAGR | +12.26% | +11.99% | |
| Sharpe ratio | 0.39 | 0.37 | |
| Max drawdown | 20.13% | 22.42% | |
| Max daily drop | 6.76% | 5.96% | |
| Max wkly drop | 7.53% | 9.57% | |
| 5Y | Growth | +83.83% | +7.76% |
| CAGR | +12.97% | +1.51% | |
| Sharpe ratio | 0.41 | 0.09 | |
| Max drawdown | 33.81% | 43.50% | |
| Max daily drop | 14.07% | 11.23% | |
| Max wkly drop | 14.56% | 18.37% | |
| 10Y | Growth | +698.92% | +169.34% |
| CAGR | +23.11% | +10.42% | |
| Sharpe ratio | 0.69 | 0.33 | |
| Max drawdown | 37.91% | 54.07% | |
| Max daily drop | 14.07% | 18.78% | |
| Max wkly drop | 21.71% | 34.24% |
Business comparison
| Category | DE | AGCO |
|---|---|---|
| Company | Deere & Company | AGCO Corporation |
| Sector | Industrials | Industrials |
| Industry | Farm & Heavy Construction Machinery | N/A |
| Core business | Deere is the world's largest agricultural equipment manufacturer with its John Deere brand and Operations Center precision agriculture platform. Deere's technology investment in precision agriculture — GPS guidance, variable rate application, autonomous equipment, and the Operations Center farm management platform — creates software-driven customer lock-in above traditional equipment switching costs. Deere's construction equipment business provides diversification beyond pure agriculture. | AGCO is the third-largest agricultural equipment company globally, marketing Fendt, Massey Ferguson, Valtra, and Challenger brands. Fendt is AGCO's premium brand — widely considered the technological leader in European precision agriculture (known for CVT transmissions and automation). AGCO's Precision Ag strategy includes AGCO+ digital farming services. AGCO sold its grain handling and protein production business to focus on core farm equipment. AGCO is more internationally focused than Deere, with stronger European market positions. |
| Investor focus | Investors track large ag equipment retail sales in North America, precision agriculture subscription growth, and the farm income environment determining equipment purchase decisions. | Investors track European and South American agricultural equipment markets (AGCO's strength), Fendt brand premium pricing, and AGCO+ precision agriculture service adoption. |
DE strengths
- →John Deere brand is the most trusted and recognized agricultural equipment brand globally — farmer loyalty across generations
- →Operations Center precision agriculture platform creates software switching costs above hardware — farmers investing in Deere workflow automations create long-term customer retention
- →Autonomous equipment development (See & Spray, autonomous tractors) positions Deere as the precision agriculture technology leader
AGCO strengths
- →Fendt is regarded as Europe's most technologically advanced agricultural brand — strong premium positioning in European markets where Fendt is the preferred precision choice
- →Geographic diversification: AGCO is stronger in Europe and South America than North America — reducing US farm cycle dependency vs Deere
- →AGCO's portfolio of 4 brands across different price tiers (Fendt premium to Massey Ferguson value) serves broader global market than single-brand strategies
Risks to watch — DE
- →Large ag equipment cycle is in a downturn — North America equipment sales declined significantly from 2022 peak as farm incomes normalized
- →Right-to-repair controversy creates farmer backlash and could face legislation requiring Deere to open repair software access
- →AGCO and CNH competing aggressively in precision ag with comparable technology investments
Risks to watch — AGCO
- →Fendt's European premium positioning doesn't translate automatically to North American or other markets — geographic concentration risk in European agriculture
- →AGCO lacks Deere's scale advantage — R&D investment per unit is lower, limiting precision ag technology development pace vs Deere
- →European agricultural equipment demand is linked to EU agricultural policy and farmer subsidy programs — policy uncertainty creates demand volatility
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