DE

Pentair plc. PNR is set to release third-quarter 2026 results on Oct. 27, before the opening bell. The Zacks Consensus Estimate for PNR's third-quarter sales is pegged at $963.6 million, indicating a 5.7% decline from the year-ago reported figure. The consensus estimate for PNR's earnings has been unchanged at $1.07 over the past 60 days. The estimate suggests a year-over-year decline of 13.7%. Image Source: Zacks Investment Research PNR's earnings beat the Zacks Consensus Estimate in the trailing four quarters, delivering an average surprise of 3%. This is depicted in the following chart. Image Source: Zacks Investment Research Our model does not conclusively predict an earnings beat for Pentair this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that is not the case here, as you can see below. Earnings ESP: Pentair has an Earnings ESP of -1.56%. You can uncover the best stocks before they are reported with our Earnings ESP Filter. Zacks Rank: PNR currently carries a Zacks Rank #3. For the third quarter of 2026, PNR expects reported sales to fall 4-6% year over year. Over the past few quarters, Pentair's revenues have been driven by the Water Solutions and Flow segments, which have helped offset the decline in the Pool segment. This is expected to have continued in the third quarter of 2026 as well. The Water Solutions segment has been witnessing a decrease in sales in the past few quarters, reflecting the impacts of portfolio exits. However, return on sales improved 560 basis points to 30% in the second quarter of 2026, supported by productivity and price exceeding inflation. Pentair expects Water Solutions sales to be flat in 2026, with low-single-digit sales growth expected in the third quarter of 2026. Our model predicts the Water Solutions segment's net sales to rise 1.4% year over year to $422 million. Volumes are expected to dip 2.7%, while pricing is anticipated to rise 3.1% in the quarter. For the third quarter of 2026, the company expects Flow sales to rise in the high single digit. We expect the Flow segment's sales to be $274 million, indicating an increase of 8.9% from the prior-year quarter's actual. Our model predicts a 1.2% year-over-year jump in volumes. Pricing is expected to have a positive impact of 2.7%, while acquisitions, reflecting the contribution of Hydra-stop, are expected to have added 4%. Pentair's volume outlook deteriorated materially in the second quarter of 2026 as Pool channel partners reduced orders to right-size inventory. Pool sales fell 42% year over year, including about $170 million of destocking. Weak end-market demand amid elevated interest rates and persistent inflation continues to impact demand. Third-quarter 2026 Pool sales are expected to decline 23-25%, extending the revenue drag into the second half. We anticipate a year-over-year volume decline of 29%, while pricing is expected to rise 3.4% in the third quarter. Our model projects the Pool segment's sales for the third quarter of 2026 to fall 25% from the year-ago actual to $266 million. Pentair shares have lost 49.9% over the past year compared with the industry's 2.5% decline. Image Source: Zacks Investment Research Here are some companies with the right combination of elements to post an earnings beat in their upcoming releases. Eaton Corporation plc ETN, slated to release third-quarter 2026 results soon, has an Earnings ESP of +0.53% and a Zacks Rank of 2 at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Eaton's third-quarter 2026 earnings is pegged at $3.53 per share, suggesting a year-over-year rise of 15%. ETN has a trailing four-quarter average surprise of 1.3%. Deere & Company DE, slated to release fourth-quarter fiscal 2026 results on Nov. 25, has an Earnings ESP of +3.59% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for Deere's fourth-quarter fiscal 2026 earnings is pegged at $4.07 per share, indicating a year-over-year rise of 3.6%. DE has a trailing four-quarter average surprise of 11.1%. Emerson Electric Co. EMR, slated to release fourth-quarter fiscal 2026 results on Nov. 4, has an Earnings ESP of +1.00% and a Zacks Rank of 2 at present. The Zacks Consensus Estimate for Emerson Electric's fourth-quarter 2026 earnings is pegged at $1.84 per share, implying a year-over-year rise of 13%. EMR has a trailing four-quarter average surprise of 1.3%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pentair plc (PNR) : Free Stock Analysis Report Emerson Electric Co. (EMR) : Free Stock Analysis Report Eaton Corporation, PLC (ETN) : Free Stock Analysis Report Deere & Company (DE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SpaceX SPCX shares have surged as much as 12% in Wednesday's trading session after Elon Musk's aerospace and artificial intelligence company delivered blowout Q3 results Tuesday evening, driven by soaring demand for AI infrastructure and continued growth in its Starlink satellite business. Adding to investor enthusiasm, Musk discussed a potential merger with Tesla TSLA) while outlining extraordinarily ambitious revenue projections that could help SpaceX justify its premium valuation and a rally that has seen SPCX surge 40% in the last three months. Image Source: Zacks Investment Research SpaceX reported Q3 earnings of $0.35 per share, crushing the Zacks Consensus Estimate of $0.10 by 250%. Revenue soared 161% year over year to $14.57 billion, easily surpassing expectations of $12.53 billion by more than 16%. Notably, SpaceX generated $4.4 billion in net income, reversing a $1.1 billion loss in the prior-year quarter. Growth was particularly impressive in the company's Super Intelligence (SI) segment, where revenue reached $7.56 billion, supported by accelerating demand for AI computing infrastructure. Additionally, SpaceX's Connectivity division, which includes Starlink, its satellite-internet network, generated $5.25 billion in revenue as consumer subscribers climbed to 13.6 million. Image Source: Zacks Investment Research Perhaps most encouraging, SpaceX reiterated its goal of reaching $100 billion in annual recurring revenue (ARR) by the end of 2026, with Musk projecting an extraordinary $500 billion to $1 trillion in ARR by the end of 2027. Furthermore, SpaceX issued bullish Q1 2027 revenue guidance of $33 billion to $37 billion, far exceeding Wall Street expectations of roughly $22 billion. These ambitious projections reflect growing confidence in the company's ability to monetize AI infrastructure investments. Much of this projected growth is expected to come from expanding AI cloud infrastructure agreements with enterprise customers, along with increasing adoption of SpaceX's Grok AI applications and the recently acquired Cursor coding platform. Meanwhile, Starlink provides another recurring revenue stream through its 13.6 million consumer subscribers and growing enterprise and government partnerships, including customers such as United Airlines UAL), Carnival Corporation CCL), Maersk AMKBY), and Deere and Company DE). Investor enthusiasm was further bolstered by Musk's acknowledgment that SpaceX and Tesla have established special committees to explore a potential merger. Although a deal remains uncertain, combining the two companies could create unprecedented synergies across AI, robotics, satellite communications, and autonomous technologies. SpaceX has already demonstrated its technological synergies with Tesla, helping the EV leader develop the rocket-inspired thrusters featured in Tesla's recently unveiled Roadster, which showcased the car's ability to briefly fly and perform midair stunts. Although SPCX is still more than 25% from its all-time high of $225 a share, the recent move above its 50-day simple moving average of roughly $147 a share suggests improving technical momentum and the potential for a continued breakout. More intriguingly, the Average Zacks Price Target for SPCX is currently at $227 a share based on short-term price targets offered by 36 analysts. It's also noteworthy that SpaceX currently has a favorable average brokerage recommendation (ABR) of 1.78 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the recommendations given by 41 brokerage firms. Image Source: Zacks Investment Research Despite its lofty valuation and aggressive capital spending, SpaceX's remarkable growth trajectory is becoming increasingly difficult to ignore. With revenue accelerating, profitability improving, and an expanding AI infrastructure business, the company appears increasingly capable of growing into its premium valuation. SpaceX currently sports a Zacks Rank #2 (Buy), making SPCX an attractive growth stock to consider even after its post-earnings surge, although investors should remain mindful of the substantial execution risks surrounding its ambitious growth projections. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Space Exploration Technologies Corp. (SPCX) : Free Stock Analysis Report Carnival Corporation (CCL) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Deere & Company (DE) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report A.P. Moller-Maersk (AMKBY) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Honeywell Technologies HON is scheduled to release third-quarter 2026 results on Oct. 22, before market open. The Zacks Consensus Estimate for HON's third-quarter revenues is pegged at $5.01 billion, indicating a decline of 51.8% from the prior-year quarter's figure. The consensus mark for earnings is pinned at $2.17 per share, which has decreased a penny in the past 30 days. The figure indicates a decline of 61.5% from the year-ago quarter's figure. It is worth noting that on June 29, 2026, Honeywell Technologies became a standalone public company following the spin-off of the Aerospace Technologies business from Honeywell International. The spin-off is likely to have weighed on its year-over-year top and-bottom-line comparison. The company delivered better-than-expected results in each of the trailing four quarters, the earnings surprise being 6.7% on average. In the last reported quarter, its bottom line beat the consensus estimate by 8.3%. Let us see how things have shaped up for Honeywell Technologies this earnings season. Honeywell Technologies' Process Automation and Technology segment is expected to have put up a weak show in the quarter due to softness in the aftermarket business with lower refining catalyst shipments and project delays. Also, reduced customer demand in the Middle East due to ongoing geopolitical tensions is likely to have hurt the segment's performance in the third quarter. Honeywell Technologies' Industrial Automation Solutions segment is expected to have witnessed a year-over-year decrease in revenues due to the divestment of its Personal Protective Equipment business. For the third quarter, the Zacks Consensus Estimate for the segment's total sales is pegged at $1.19 billion, indicating a 47.6% decrease from the year-ago reported number. Over time, HON's performance has been adversely impacted by high costs and expenses. Higher direct and indirect material costs and investments in digital infrastructure and business restructuring activities are expected to have pushed up the company's operating expenses, which are likely to have reflected in its margins. Also, given HON's extensive geographic presence, its operations are subject to foreign exchange headwinds. A stronger U.S. dollar is likely to have hurt its overseas business. However, healthy demand for its products and solutions, led by increasing building projects across the Americas, India and the Middle East, is expected to drive the Building Automation segment's results. Increasing order rates and capex investments in data centers and health care projects are likely to have been a tailwind as well. For the third quarter, the Zacks Consensus Estimate for the segment's total sales is pegged at $2.01 billion, indicating a 7% rise from the year-ago reported number. Honeywell International Inc. price-eps-surprise | Honeywell International Inc. Quote Our proven model does not conclusively predict an earnings beat for HON this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as elaborated below. Earnings ESP: HON has an Earnings ESP of -0.44% as the Most Accurate Estimate is pegged at $2.16 per share, which is lower than the Zacks Consensus Estimate of $2.17. You can uncover the best stocks before they're reported with our Earnings ESP Filter. Zacks Rank: HON currently carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank stocks here. Stanley Black & Decker, Inc. SWK has an Earnings ESP of +2.55% and a Zacks Rank of 2 at present. The company is slated to release third-quarter 2026 results on Nov. 4. Stanley Black's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 23.3%. Deere & Company DE has an Earnings ESP of +3.59% and a Zacks Rank of 3 at present. The company is slated to release third-quarter 2026 results on Nov. 25. Deere & Company's earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the mark in one, the average surprise being 11.1%. Allegion plc ALLE has an Earnings ESP of +0.30% and a Zacks Rank of 3 at present. The company is slated to release third-quarter 2026 results on Oct. 22. Allegion's earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters while missing the mark in the other, the average surprise being 1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON) : Free Stock Analysis Report Stanley Black & Decker, Inc. (SWK) : Free Stock Analysis Report Deere & Company (DE) : Free Stock Analysis Report Allegion PLC (ALLE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Dover Corporation DOV is set to release third-quarter 2026 results on Oct. 22, 2026, before the opening bell. The Zacks Consensus Estimate for DOV's revenues is pegged at $2.21 billion, indicating a 6.2% rise from the year-ago reported figure. The consensus estimate for earnings is pegged at $2.85 per share, which implies year-over-year growth of 8.8%. The estimate has moved 0.4% south in the past 60 days. Image Source: Zacks Investment Research DOV's earnings beat the Zacks Consensus Estimate in the trailing four quarters, as seen in the chart below. The company has an average earnings surprise of 1.8%. Image Source: Zacks Investment Research Our model does not predict an earnings beat for DOV this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is not the case here, as you can see below. DOV's Earnings ESP: Dover has an Earnings ESP of -1.75%. You can uncover the best stocks before they are reported with our Earnings ESP Filter. Zacks Rank of Dover: DOV currently carries a Zacks Rank of 3. DOV has been witnessing robust bookings across most of its segments on strong demand and shipment levels, which are likely to have supported its third-quarter performance. However, the impacts of lower volumes in vehicle services are expected to have negated these gains. Dover continues to execute restructuring programs to better align the costs and operations with current market conditions, which is likely to have supported the company's margins in the to-be-reported quarter. However, input inflation has been acting as a headwind. These are likely to get reflected in DOV's earnings results. In the Engineered Products segment, ongoing strong demand in aerospace and defense components is expected to have been offset by weak demand in the vehicle-service business. Our estimate for the segment's revenues is pegged at $289 million, indicating a 3.2% increase from the prior-year quarter's actual. The estimate for the Engineered Products segment's adjusted EBITDA is pegged at $73 million, indicating a 15.2% increase from the prior-year quarter's actual. The Clean Energy and Fueling Solutions segment is likely to have gained solid shipments and new orders in clean energy components and retail fueling. We expect the segment's revenues to be $574 million, indicating growth of 6% from the year-earlier actual. The estimate for the Clean Energy and Fueling Solutions segment's adjusted EBITDA is pegged at $132 million, suggesting a 3.8% increase from the year-ago quarter's actual. The Imaging and Identification segment's results are expected to reflect the benefits of growth in serialization software and core marking & coding equipment, consumables and spare parts. Our prediction for the segment's revenues is $315 million, indicating a 5.2% rise from the prior-year quarter's actual. We project the segment's adjusted EBITDA to be $94.6 million, which indicates 10.2% growth from the third-quarter 2026 reported figure, aided by a solid margin performance. Dover's Pumps and Process Solutions segment's results are likely to reflect growth in biopharma and industrial pumps businesses. We anticipate the segment's revenues to increase 3.9% year over year to $572 million. The consensus mark for the segment's third-quarter adjusted EBITDA is pegged at $207 million, implying a 13.1% year-over-year rise. In the Climate and Sustainability Technologies segment, results are expected to gain from shipment and order rates in refrigerated door cases and CO2 systems. We expect quarterly revenues to be $448 million, implying a 9.7% increase from the year-earlier reported figure. The estimate for the segment's adjusted EBITDA is pegged at $97.8 million, whereas it reported $83.6 million in the third quarter of 2025. Dover's shares have gained 18.9% in the past year compared with the industry's 3.9% growth. Image Source: Zacks Investment Research Here are some companies with the right combination of elements to post an earnings beat in their upcoming releases. Eaton Corporation plc ETN, slated to release third-quarter 2026 results soon, has an Earnings ESP of +0.53% and a Zacks Rank of 2 at present. You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Eaton's third-quarter 2026 earnings is pegged at $3.53 per share, suggesting a year-over-year rise of 15%. ETN has a trailing four-quarter average surprise of 1.3%. Deere & Company DE, slated to release fourth-quarter fiscal 2026 results on Nov. 25, has an Earnings ESP of +3.59% and a Zacks Rank of 3 at present. The Zacks Consensus Estimate for Deere's fourth-quarter fiscal 2026 earnings is pegged at $4.07 per share, indicating a year-over-year rise of 3.6%. DE has a trailing four-quarter average surprise of 11.1%. Emerson Electric Co. EMR, slated to release fourth-quarter fiscal 2026 results on Nov. 4, has an Earnings ESP of +1.00% and a Zacks Rank of 2 at present. The Zacks Consensus Estimate for Emerson Electric's fourth-quarter 2026 earnings is pegged at $1.84 per share, implying a year-over-year rise of 13%. EMR has a trailing four-quarter average surprise of 1.3%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dover Corporation (DOV) : Free Stock Analysis Report Emerson Electric Co. (EMR) : Free Stock Analysis Report Eaton Corporation, PLC (ETN) : Free Stock Analysis Report Deere & Company (DE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Alcoa Corporation AA is likely to register an increase in the top line from last year's quarterly reading when it reports third-quarter 2026 earnings on Oct. 15, after market close. The Zacks Consensus Estimate for revenues is pegged at $3.61 billion, indicating an increase of 20.7% from the prior-year's quarterly figure. The bottom line of this leading producer of bauxite, alumina and aluminum products is also expected to have increased from the earlier year's quarterly figure. Over the past 30 days, the consensus estimate for earnings per share grew 5.8%. The figure indicates a surge of more than 100% from last year's quarterly level. The company has a trailing four-quarter earnings surprise of 24.5%, on average, beating estimates in two quarters while missing in the other two. Strategic inventory repositioning initiatives within North America are expected to have benefited Alcoa's Aluminum segment in the third quarter of 2026. Also, the restart of the San Ciprián smelter in Spain, Alumar in Brazil and Lista in Norway is likely to have aided the segment's sales. For the third quarter, the Zacks Consensus Estimate for the Aluminum segment's third-party sales is pegged at $3.16 billion, indicating a 54.9% increase from the year-ago number. The consensus mark for the Alumina segment's total sales is pegged at $3.08 billion, indicating a 50.2% rise from the year-ago reported number. Synergistic gains from partnerships and acquisitions made by the company are expected to have boosted revenues. In March 2025, Alcoa and IGNIS EQT entered into a joint venture agreement. Under the agreement, AA owns 75% of the equity and continues to operate the San Ciprián production site. In August 2024, Alcoa acquired Alumina Limited. This acquisition strengthened its position as a pure-play, upstream aluminum company worldwide. However, Alcoa's Alumina segment's results are expected to put up a weak show due to lower bauxite offtake volumes and pricing under supply agreements. The consensus mark for the Alumina segment's third-party sales is pegged at $599 million, implying a 28.8% decrease from the year-ago number. The consensus mark for the Alumina segment's total sales is pegged at $1.14 billion, indicating a 20.3% decline from the year-ago number. The escalating cost of sales due to higher input costs poses a threat to Alcoa's bottom line. Given the company's extensive geographic presence, its operations are subject to global political risks and foreign exchange headwinds. A stronger U.S. dollar is likely to have hurt Alcoa's overseas business in the quarter. Alcoa price-eps-surprise | Alcoa Quote Our proven model predicts an earnings beat for AA this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as elaborated below. Earnings ESP: AA has an Earnings ESP of +1.72% as the Most Accurate Estimate is pegged at $1.72 per share, higher than the Zacks Consensus Estimate of $1.65. You can uncover the best stocks before they're reported with our Earnings ESP Filter. Zacks Rank: AA currently carries a Zacks Rank of 3. You can see the complete list of today's Zacks #1 Rank stocks here. Stanley Black & Decker, Inc. SWK has an Earnings ESP of +2.55% and a Zacks Rank of 2 at present. The company is slated to release third-quarter 2026 results on Nov. 4. Stanley Black's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 23.3%. Deere & Company DE has an Earnings ESP of +8.77% and a Zacks Rank of 3 at present. The company is slated to release third-quarter 2026 results on Nov. 25. Deere & Company's earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed the mark in one, the average surprise being 11.1%. Allegion plc ALLE has an Earnings ESP of +0.98% and a Zacks Rank of 3 at present. The company is slated to release third-quarter 2026 results on Oct. 22. Allegion's earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters while missing the mark in the other, the average surprise being 1%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alcoa (AA) : Free Stock Analysis Report Stanley Black & Decker, Inc. (SWK) : Free Stock Analysis Report Deere & Company (DE) : Free Stock Analysis Report Allegion PLC (ALLE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Deere (DE) moved back onto investor watchlists after a Q2 surprise, with US$12.61b in revenue and earnings topping analyst estimates, and the share price climbing 16.5% since that report. Over the past year Deere has moved from a steady compounder to a momentum story, with a year to date share price return of 46.54% and a 1 year total shareholder return of 47.77%. This points to investors reassessing both its growth potential and risk profile after the earnings surprise and ahead of its upcoming appearance at Morgan Stanley’s Laguna conference. Scan beyond Deere’s earnings surprise and momentum move to see which other machinery and industrial stocks are setting up for potential breakouts in our curated 38 robotics and automation stocks. Bulls see Deere’s Q2 beat, automation push, and 46.54% year to date run as the start of a reset in expectations. Bears see too much optimism already priced in. Which side does the valuation support now? Deere last closed at $684.04, while the most followed narrative pegs fair value at $685.19 using a 9.16% discount rate, which frames the current rally as still consistent with that long term model. See why 111 investors see Deere as 0% undervalued. Result: Fair Value of $685.19 (UNDERVALUED) Still, Deere’s narrative could be knocked off course if higher tariffs lift costs faster than pricing can adjust, or if equipment demand in North America remains soft. Find out about the key risks to this Deere narrative. The SWS DCF model points to Deere trading about 10% below an estimated future cash flow value of $762.71. However, the current P/E of 37.8x is well above the US Machinery sector at 24.3x and peers at 32x. If the ratio drifted toward that 32x peer level instead, how comfortable are you with the downside this might imply for the share price? See what the numbers say about this price in our valuation breakdown, See what the numbers say about this price — find out in our valuation breakdown. Mixed sentiment runs through Deere right now, with both risks and rewards in play. Move quickly, inspect the data yourself, and weigh the trade offs using 2 key rewards and 1 important warning sign. Once you have a view on Deere, do not stop there. Broaden your watchlist with a few focused stock shortlists built from the data up. Hunt for potential mispricings by scanning a curated pool of quality companies in the 34 high quality undervalued stocks. Prioritise resilience and capital strength by reviewing the list of solid balance sheet and fundamentals (22 results) before conditions change. Spot earlier stage opportunities with strong fundamentals through the 16 high quality undiscovered gems while they are still off most radars. Serious investors keep fresh ideas flowing, so put the Simply Wall Street screener to work and scan for stocks that better match your risk and return goals. 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. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at agricultural machinery stocks, starting with Deere (NYSE:DE). Agricultural machinery companies are investing to develop and produce more precise machinery, automated systems, and connected equipment that collects analyzable data to help farmers and other customers improve yields and increase efficiency. On the other hand, agriculture is seasonal and natural disasters or bad weather can impact the entire industry. Additionally, macroeconomic factors such as commodity prices or changes in interest rates–which dictate the willingness of these companies or their customers to invest–can impact demand for agricultural machinery. The 6 agricultural machinery stocks we track reported a mixed Q2. As a group, revenues were in line with analysts’ consensus estimates while next quarter’s revenue guidance was 6.3% below. In light of this news, share prices of the companies have held steady as they are up 1.3% on average since the latest earnings results. Revolutionizing agriculture with the first self-polishing cast-steel plow in the 1800s, Deere (NYSE:DE) manufactures and distributes advanced agricultural, construction, forestry, and turf care equipment. Deere reported revenues of $12.61 billion, up 4.9% year on year. This print exceeded analysts’ expectations by 1.4%. Overall, it was a strong quarter for the company with a beat of analysts’ EPS estimates. Interestingly, the stock is up 16.5% since reporting and currently trades at $676.41. Is now the time to buy Deere? Access our full analysis of the earnings results here, it’s free. Expanding its markets through acquisitions since its founding, Alamo (NYSE:ALG) designs, manufactures, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural use. Alamo reported revenues of $450.7 million, up 7.6% year on year, outperforming analysts’ expectations by 3%. The business had a very strong quarter with a decent beat of analysts’ EBITDA and EPS estimates. Alamo delivered the biggest analyst estimate beat of the whole group. The market seems content with the results as the stock is up 3.2% since reporting. It currently trades at $169.13. Is now the time to buy Alamo? Access our full analysis of the earnings results here, it’s free. With a history that features both organic growth and acquisitions, AGCO (NYSE:AGCO) designs, manufactures, and sells agricultural machinery and related technology. AGCO reported revenues of $2.61 billion, flat year on year, falling short of analysts’ expectations by 4.9%. It was a disappointing quarter as it posted full-year revenue guidance missing analysts’ expectations. AGCO delivered the weakest full-year guidance update among its peers. Interestingly, the stock is up 4.3% since the results and currently trades at $121.13. Read our full analysis of AGCO’s results here. Ceasing all production to support the war effort during World War II, Toro (NYSE:TTC) offers outdoor equipment for residential, commercial, and agricultural use. The Toro Company reported revenues of $1.23 billion, up 8.4% year on year. This print beat analysts’ expectations by 3%. Overall, it was a strong quarter as it also recorded full-year EPS guidance meeting analysts’ expectations. The Toro Company scored the fastest revenue growth in the group. The stock is down 6.5% since reporting and currently trades at $92.73. Read our full, actionable report on The Toro Company here, it’s free. Acquiring Goodyear’s farm tire business in 2005, Titan (NYSE:TWI) is a manufacturer and supplier of wheels, tires, and undercarriages used in off-highway vehicles such as construction vehicles. Titan International reported revenues of $484.8 million, up 5.2% year on year. This number surpassed analysts’ expectations by 1%. Zooming out, it was a satisfactory quarter as it also recorded a beat of analysts’ EPS estimates but EBITDA guidance for next quarter slightly missing analysts’ expectations. Titan International delivered the highest full-year guidance raise among its peers. The stock is down 6% since reporting and currently trades at $7.19. Read our full, actionable report on Titan International here, it’s free. Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership. Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products. By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.

Interested in Elastic N.V.? Here are five stocks we like better. Elastic, John Deere, and Dynatrace each reported strong earnings and subsequently received a wave of analyst rating upgrades and price target increases. Elastic's raised fiscal 2027 revenue and margin guidance prompted a Zacks Research double upgrade and target hikes from 13 firms averaging $108 per share. John Deere reached a new all-time high after Baird and Evercore upgraded the stock, citing improved margins and a rebounding agricultural cycle. Earnings season isn’t just when companies report their quarterly results. It’s also when most stock analysts update their ratings and price targets in response to the new data released from the firms they cover. Ratings like Buy, Sell, or Hold are simple heuristics that stand in for deeper fundamental analysis, and it’s hard to hide poor performance from scrutinizing analysts. They aren’t infallible, and reasonable analysts at top firms often have different outlooks on the same companies. But when analysts begin upping their ratings and price targets in unison, it’s time for investors to pay closer attention. That’s the theme connecting the three stocks on our list today; all recently reported earnings and received a wave of price target boosts or rating upgrades following their conference calls. If you’re looking for stocks with more upside after a post-earnings pop, you may want to give a closer look at the following three companies. → 3 Stocks With September Catalysts Investors Shouldn’t Ignore Amsterdam-based data analytics firm Elastic NV (NYSE: ESTC) was an under-the-radar earnings-season winner. Its stock has erased all its 2026 losses, jumping almost 20% following its fiscal Q1 2027 earnings report released on Aug. 27, and it's not hard to see why the market got excited. Revenue and earnings per share (EPS) both surpassed expectations, with sales growing more than 15% year over year (YOY). → Why Hewlett Packard Enterprise’s Sell-Off May Not Last Operating margin also expanded ahead of company projections to 16.2%, and 80 new customers with $100,000 contracts were added in the quarter. However, it was guidance that drove the stock's immediate move. Fiscal 2027 revenue guidance was boosted to a range of $1.998 billion to $2.01 billion, and operating margin is now projected at 19.2%, implying second-half acceleration from Q1’s 16.2% figure. → 3 Earnings Season Winners That Analysts Can't Stop Upgrading Zack’s Research immediately upgraded the stock from Hold to Strong Buy following the report, a rare double upgrade. Target boosts also came fast and furious: 13 firms raised price estimates on ESTC, including a new Street-high target of $128 from Citigroup. The average of the 13 new price targets is $108, implying more than 25% upside from current levels. The stock has pulled back since earnings, but all the hallmarks of a long-term uptrend remain in place. A common bullish signal, the Golden Cross, preceded the earnings release as the 50-day moving average moved above the 200-day moving average. A breakout on the MACD confirmed the uptrend, and a bullish cross of the MACD and signal lines now hints that profit-taking will soon subside. John Deere and Company Inc. (NYSE: DE) reported its results weeks ago, but Baird's upgrade last week renewed its stock rally. Deere reported its fiscal Q3 2026 results back on Aug. 20, beating EPS estimates by 8.7% and revenue estimates by 16.7%. Operating margin grew to 14.4%, and management boosted fiscal 2026 income guidance to a range of $4.75 billion to $5 billion (previous low end $4.5 billion). The stock received a series of price target boosts following earnings, but the upgrades didn’t roll in until more than a week later. On Aug. 31, Baird upgraded the stock from Neutral to Overweight with a new price target of $800. But it also upgraded AGCO Corp. (NYSE: AGCO), a competing agricultural machinery manufacturer that missed Q2 2026 earnings expectations back in July. Baird analyst Mircea Dobre is calling a bottom in the agricultural cycle, not necessarily making a company-specific prediction. Evercore followed on Sept. 2 with an upgrade to Outperform and a new $813 price target, reaffirming the ag outlook. It may have been a sector-wide call, but the latest upgrade sent DE shares to a new all-time high. The stock has finally retaken its February peak after months of range-bound trading along the 50-moving average, and the Relative Strength Index (RSI) has yet to trip an Overbought alarm, so this rally may have more room to run. Dynatrace Inc. (NASDAQ: DT) reported earnings back on Aug. 5, yet Morgan Stanley waited until Aug. 25 to upgrade the stock from Equalweight to Overweight, boosting its price target from $58 to $65. Analyst Sanjit Singh cited public cloud growth and enterprise AI deployment as signs of increased demand observability, and the numbers from the report back up this assessment. Annual recurring revenue (ARR) was up 17% YOY in fiscal Q1 2027, and management boosted the high end of its operating margin guidance to 29.75%. The rally in DT shares began back in May when the RSI dipped below 30 into Oversold territory. Momentum strengthened as the MACD lines pushed above the histogram, and DT is now trading in a tight uptrending price channel. The RSI above 70 has typically been the sell signal on this run, with a bullish MACD cross acting as a corresponding buy indicator. Keep these levels in mind as you watch the stock over the next few weeks. The article "3 Earnings Season Winners That Analysts Can't Stop Upgrading" was originally published by MarketBeat. View MarketBeat's top stocks for September 2026.

Deere’s Q2 results were well received by the market, reflecting better-than-expected execution across its diversified equipment portfolio. Management attributed the positive outcome to strong operational performance, disciplined cost control, and steady demand in construction and turf. CFO Brent Norwood stated, “Our factories performed exceptionally well and exceeded expectations on production output, combined with disciplined execution across the business and favorable price realization.” While agriculture end markets faced mixed conditions, momentum in construction and improved inventory management contributed to the quarter’s outperformance. Is now the time to buy DE? Find out in our full research report (it’s free). Revenue: $12.61 billion vs analyst estimates of $12.43 billion (4.9% year-on-year growth, 1.4% beat) Adjusted EPS: $5.10 vs analyst estimates of $4.68 (9% beat) Operating Margin: 15.3%, up from 13% in the same quarter last year Market Capitalization: $170.2 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Jamie Cook (Truist Securities) asked about early order program pricing and the ability to cover inflation. President Deanna Kovar said pricing remains focused on offsetting inflationary pressures, and early order program results are up mid-single digits year over year. Tami Zakaria (JPMorgan) pressed for clarity on tariff impacts. CFO Christopher Seibert explained that lower tariff expense resulted from policy changes, but next year will see higher direct tariff costs as refunds decline. Kristen Owen (Oppenheimer) inquired about inventory build and retail cadence. Seibert said shipment plans remain consistent, with some demand pulled forward for risk management, while Kovar noted retail activity is on pace with expectations. Tim Thein (Raymond James) questioned the contribution of technology mix to margins in 2027. Seibert responded that technology adoption signals are encouraging, but uncertainty in global agriculture makes it too early to quantify mix impact. Angel Castillo (Morgan Stanley) sought details on pricing incentives and right-to-repair implications. Seibert described a measured approach to incentives, while Norwood said Deere’s agreement formalizes customer access to diagnostic and repair tools. In the coming quarters, our team will watch (1) the pace of technology adoption in both agriculture and construction equipment, (2) execution on construction backlog and rental fleet expansion, and (3) stabilization of agricultural margins and demand, particularly in South America and Europe. Changes in tariff policies and the rollout of AI-enabled digital tools will also be key markers of Deere’s strategy execution. Deere currently trades at $637.27, up from $580.63 just before the earnings. In the wake of this quarter, is it a buy or sell? See for yourself in our full research report (it’s free for active Edge members). ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren’t just high-quality businesses. Something is happening with them right now. Elite fundamentals meet near-term momentum — both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week’s Strong Momentum stocks — FREE. Get Our Strong Momentum Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+271% between June 2020 and June 2025). Find your next big winner with StockStory today.

Deere & Company (NYSE:DE) delivered a stronger-than-expected third quarter, with the company benefiting from a surprising source: the construction boom linked to AI data centers and infrastructure spending. Construction & Forestry sales increased 18% year over year, making it the company’s fastest-growing major segment. Deere also reported a 7% increase in quarterly net income to $1.38 billion, while EPS rose to $5.10 from $4.75 a year earlier. The improvement was enough for Deere to raise its 2026 net income outlook to $4.75 billion-$5 billion, up from the previous lower end of $4.5 billion. The company also continues to believe that 2026 will mark the bottom of the current agricultural equipment cycle. Still, Deere & Company (NYSE:DE)'s core farm-equipment business remains under pressure. Production & Precision Agriculture sales fell 6% in the quarter as farmers continue to deal with weak commodity prices and difficult farm economics. At the same time, Small Agriculture & Turf sales increased 12%, helped by better milk and beef prices. The biggest reason to be bullish on Deere & Company (NYSE:DE) is the growing strength of its construction business. The 18% increase in Construction & Forestry sales shows that the company is benefiting from spending that has little to do with the current farm cycle. AI data-center construction, infrastructure projects, and other large-scale development are creating demand for Deere’s equipment. The company says customer backlogs now extend well into fiscal 2027, giving it strong visibility into future demand. This diversification could become particularly valuable if the agricultural market takes longer to recover. Deere does not need its farm-equipment business to rebound immediately for the company to continue generating solid earnings. Construction is currently helping fill that gap, while the 12% increase in Small Agriculture & Turf sales provides another source of support. There is also a potential recovery story developing in the agricultural business. Deere believes the current equipment cycle is close to its bottom, and early order trends, improving used-equipment inventories, and greater adoption of technology could support a gradual recovery. If farm conditions improve, Deere & Company (NYSE:DE) could benefit from both a recovering agriculture market and continued construction demand. The latest results also show that Deere can manage through a difficult cycle. Revenue and earnings beat expectations, and the company raised the lower end of its full-year profit forecast. That suggests management is seeing enough stability across the business to become more confident about the remainder of 2026. The main concern is that Deere & Company (NYSE:DE)'s most important business has yet to recover. Production & Precision Agriculture sales fell 6%, and weak commodity prices could keep farmers cautious about purchasing expensive tractors, combines and other equipment. Third Bridge’s Ryan Keeney warned that soft commodity prices could put a ceiling on any major recovery in farm-equipment sales. There is also a question over how long the construction boom can continue at its current pace. AI-related data-center spending has created a major demand tailwind, but Deere's recent construction strength could become harder to maintain if infrastructure or data-center investment slows. That would leave the company more exposed to its still-weak agricultural market. Tariffs add another layer of risk. Deere received a $110 million tariff refund during the latest quarter, which helped its results. That benefit is not recurring, though. The company expects net tariff costs of roughly $750 million in 2026 and $1 billion in 2027. Those costs could put pressure on margins and offset some of the gains from stronger construction demand. The stock’s reaction also raises the bar. Deere & Company (NYSE:DE) shares jumped nearly 9% after the results, meaning investors have already responded strongly to the improved outlook. If the agricultural recovery is delayed or construction demand starts to cool, the stock could become vulnerable to disappointment. Deere & Company (NYSE:DE)'s latest results strengthen the bull case, but they do not mean the agricultural downturn is over. The company is currently being carried by a strong Construction & Forestry business, with AI data centers and infrastructure spending creating demand that is helping offset weakness in large farm equipment. The more interesting opportunity is what happens next. If Deere is right that 2026 marks the bottom of the agricultural cycle, a recovery in farm equipment could eventually combine with the company’s stronger construction business and create a more balanced growth story. For now, Deere looks better positioned than it did during the worst part of the downturn, but investors still need to see a genuine recovery in farm economics. Construction demand gives the company a valuable cushion, while tariffs and weak commodity prices remain the biggest risks to the recovery story. While we acknowledge the potential of DE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Is Tractor Supply Company (TSCO) an Underrated Dividend Growth Opportunity? and BioMarin Pharmaceutical (BMRN)'s Alesta Deal Adds New Growth Potential in Rare Diseases Disclosure: None. This article is originally published at Insider Monkey.