However, more recently, rising interest rates, supply chain disruptions, and a high inflationary environment are expected to weigh on revenue growth for the industrial companies. We estimate Deere’s valuation to be $410 per share, reflecting a 27% upside from its current market price of $323, implying that investors may be better off using the recent dip to enter DE stock for gains in the long run. The S&P500 has now entered a bear market territory with rising concerns of slowing economic growth given the high inflation, Fed uncertainty, and supply chain disruptions.