Deere’s stock is having its best month in 50 years, as the tractor maker rides the AI boom

MarketWatch

by Tomi Kilgore

February 19, 2026

AI-Generated Deep Dive Summary

Deere & Company’s stock is experiencing its best month in 50 years, driven by a surge in construction and turf equipment sales, as well as a bullish outlook for full-year growth. The company exceeded earnings expectations in its fiscal first quarter, with profits in its construction business more than doubling. Deere also provided a positive 2026 sales-growth forecast, indicating that all its business segments are outperforming industry standards despite challenges like tariffs and higher warranty expenses in the agricultural sector. The stock’s upward trajectory reflects investor confidence in Deere’s ability to capitalize on the AI boom and adapt to market demands. Construction equipment sales have been particularly strong, aligning with broader trends in infrastructure development and urbanization. Additionally, Deere’s integration of advanced technologies, including AI-driven innovations, has positioned it as a leader in modern agriculture and construction industries. This performance matters for finance readers as it highlights the potential for long-term growth in sectors that blend traditional manufacturing with cutting-edge technology. Deere’s success underscores the importance of innovation in driving stock performance, even amid global economic uncertainties. Investors are likely to view this as a sign of resilience and strategic adaptability, making Deere a standout performer in its industry. The company’s ability to consistently meet and exceed earnings targets, combined with a strong outlook for sales growth, positions it as a key player in the markets. This momentum not only benefits Deere but also signals broader opportunities in industries that prioritize technological integration and efficiency. For finance professionals, this trend emphasizes the value of investing in companies that can leverage emerging technologies to enhance their operations and market share.

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Originally published on MarketWatch on 2/19/2026