9 Stocks in Bill Gates’ Portfolio That Analysts are Watching

5. Deere & Company (NYSE:DE)

Share Price Return Between July 1 and November 7: -7.98%

Bill & Melinda Gates Foundation Trust’s Q2 Stake Value: $1.8 billion

Analyst Upside: 11.09%

Number of Hedge Fund Holders: 59

Deere & Company (NYSE:DE) ranks among the stocks in Bill Gates’ portfolio that analysts are watching. On October 21, RBC Capital began coverage of Deere & Company (NYSE:DE) with a price target of $542 and an Outperform rating. The firm states that Deere is the top original equipment manufacturer (OEM) of agricultural equipment worldwide.

According to RBC Capital, Deere & Company (NYSE:DE) has made significant investments in R&D and technology to provide a wide range of data-enabled products for the agriculture industry. Additionally, the firm highlighted Deere’s construction and forestry segment as a long-term margin driver with precise machinery and roadbuilding technology, strengthened by its 2017 acquisition of Wirtgen.

Although Deere’s long-term prospects continue to be encouraging, RBC points out that 2025 may prove to be a cyclical low point for earnings as farmer mood is impacted by record U.S. harvests, declining crop prices, and ongoing trade problems.

In fiscal 2026, Deere’s revenue is expected to climb by 4.5% to $47.1 billion, while its adjusted EPS is projected to improve to $20.86 from $18.53. As improvements in productivity and operating leverage gain traction, segment profitability is predicted to improve significantly, driven by a 17.5% increase in operating income.

Deere & Company (NYSE:DE) is an American company that manufactures agricultural, heavy, and forestry machinery, diesel engines, heavy equipment drivetrains, and lawn care equipment. The company also provides financial services and engages in other business operations.