Farmers Win Partial Victory as Deere Settles Right-to-Repair Lawsuit for $99 Million [Yahoo! Finance]
Deere & Company (DE)
Last deere & company earnings: 2/21 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.deere.com/home/default.aspx
Company Research
Source: Yahoo! Finance
When their tractors or harvesters broke down, fixing them was not as simple as grabbing a wrench and getting to work. Instead, many found themselves locked out of their own machines. Finally, that tension has now led to a major legal outcome. Deere & Company has agreed to pay $99 million to settle a class-action lawsuit that accused the agricultural giant of restricting how farmers repair their equipment. The lawsuit, filed in 2022, focused on a simple but powerful claim. Farmers argued that Deere's increasingly software-driven machines could not be fully repaired without access to proprietary digital tools. Those tools were largely limited to the company's network of authorized dealers. In practical terms, that meant even routine fixes often required a trip to a dealership. Independent mechanics and farmers themselves were left without the ability to perform certain diagnostics or complete repairs, even on machines they owned outright. Image Credit: MarcelX42 - Own work, CC B
Show less
Read more
Impact Snapshot
Event Time:
DE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DE alerts
High impacting Deere & Company news events
Weekly update
A roundup of the hottest topics
DE
News
- John Deere continues 189-year history of technological leaps [USA TODAY]USA TODAY
- Deere & Company (DE) had its price target raised by JPMorgan Chase & Co. from $525.00 to $550.00. They now have a "neutral" rating on the stock.MarketBeat
- Deere agrees to pay $99M in ‘right to repair' settlement [Yahoo! Finance]Yahoo! Finance
- Deere & Company (DE) was upgraded by Jefferies Financial Group Inc. from "underperform" to "hold". They now have a $550.00 price target on the stock.MarketBeat
- 2026. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc. [TheStreet.com]TheStreet.com
DE
Earnings
- 2/19/26 - Beat
DE
Sec Filings
- 3/31/26 - Form 11-K
- 3/31/26 - Form 11-K
- 3/26/26 - Form SCHEDULE
- DE's page on the SEC website