{
  "report_id": "theme_robotics_node_field_robotics_off_highway_autonomy",
  "report_type": "theme_value_chain_node",
  "site_path": "themes/robotics/nodes/field-robotics-and-off-highway-autonomy/index.html",
  "title": "Field Robotics And Off-Highway Autonomy",
  "as_of": "2026-06-13",
  "generated_at": "2026-06-13T00:00:00-07:00",
  "freshness": {
    "price_data_as_of": "2026-06-12",
    "daily_ohlc_latest": "2026-06-12",
    "chart_interval": "weekly",
    "knowledge_reviewed_as_of": "2026-06-13",
    "local_discovery_reviewed_as_of": "2026-06-13",
    "official_release_reviewed_as_of": "2026-06-13",
    "earnings_date_reviewed_as_of": "2026-06-13",
    "stale_chart_note": "Prior static setup thresholds were based on 2026-05-29 weekly data and are stale versus live local daily_ohlc coverage through 2026-06-12. Use the selected-security API chart before treating chart levels as current trading evidence."
  },
  "revision": {
    "version": 2,
    "updated_label": "Reformatted field robotics node to visual setup, basket cards, evidence board, and API-backed right-rail chart routing",
    "metadata_path": "themes/robotics/nodes/field-robotics-and-off-highway-autonomy/report.json"
  },
  "node": {
    "slug": "field-robotics-and-off-highway-autonomy",
    "order": 4,
    "level": "L2 operating-cycle node",
    "depth": "Level 2",
    "role": "Tracks whether farm, construction, mining, and fleet equipment buyers pay for autonomy, guidance, machine control, precision attachments, sensors, software, dealer service, and financing because those tools improve utilization, labor productivity, fuel use, input use, uptime, safety, and cost per acre, ton, route, or job site.",
    "description": "The node ranks the inherited AGCO, CAT, CNH, DE, and TRMB robotics basket. All five basket names have maintained local lanes; AGCO and CNH remain lower-conviction routes until margin, dealer inventory, financing, and cash-conversion proof improves. Operating proof is attach rate, usage, renewal, dealer inventory, orders, margin, cash conversion, and finance quality, not product demonstrations.",
    "parent_report_id": "theme_robotics",
    "parent_site_path": "themes/robotics/index.html",
    "parent_anchor": "themes/robotics/index.html#field-robotics-and-off-highway-autonomy"
  },
  "ticker_baskets": {
    "core": [
      "DE",
      "CAT",
      "TRMB",
      "AGCO",
      "CNH"
    ],
    "ranked": [
      "DE",
      "CAT",
      "TRMB",
      "AGCO",
      "CNH"
    ],
    "option": [],
    "watch": [],
    "ranking_method": "Rank by direct node economics and source-backed exposure first, then technical timing. DE is first because the maintained local lane supports precision agriculture, construction, service, cash, and finance checks. CAT is second for heavy equipment, backlog, service, and off-highway scale. TRMB is third for positioning, correction, machine-control, and workflow software. AGCO and CNH remain direct agriculture routes but need stronger margin, dealer-inventory, credit, and cash-conversion proof."
  },
  "basket_cards": [
    {
      "rank": 1,
      "ticker": "DE",
      "company": "Deere & Company",
      "market_cap": "$156.0B",
      "market_cap_source": "Read-only discovery DuckDB daily_ohlc close on 2026-06-12 multiplied by stored instrument share_class_shares_outstanding.",
      "next_earnings": {
        "value": "Not confirmed",
        "source": "Nasdaq DE earnings page returned no current earnings date on 2026-06-13; official next-event confirmation was not found in this bounded pass.",
        "confirmed": false
      },
      "latest_quarter_revenue": {
        "value": "$13.369B",
        "period": "Fiscal Q2 ended May 3, 2026",
        "source": "Deere Reports Second Quarter Net Income of $1.773 Billion; local knowledge article clip from Deere Q2 FY2026 earnings release."
      },
      "knowledge_link": "../../../../../knowledge/wiki/lanes/security/de.md"
    },
    {
      "rank": 2,
      "ticker": "CAT",
      "company": "Caterpillar Inc.",
      "market_cap": "$419.4B",
      "market_cap_source": "Read-only discovery DuckDB daily_ohlc close on 2026-06-12 multiplied by stored instrument share_class_shares_outstanding.",
      "next_earnings": {
        "value": "Not confirmed",
        "source": "Nasdaq CAT earnings page returned no current earnings date and Caterpillar Events & Presentations exposed no upcoming earnings date in static HTML on 2026-06-13.",
        "confirmed": false
      },
      "latest_quarter_revenue": {
        "value": "$17.4B",
        "period": "Fiscal Q1 2026",
        "source": "Caterpillar Reports First-Quarter 2026 Results; local knowledge article clip from Caterpillar April 30, 2026 release."
      },
      "knowledge_link": "../../../../../knowledge/wiki/lanes/security/cat.md"
    },
    {
      "rank": 3,
      "ticker": "TRMB",
      "company": "Trimble Inc.",
      "market_cap": "$11.8B",
      "market_cap_source": "Read-only discovery DuckDB daily_ohlc close on 2026-06-12 multiplied by stored instrument share_class_shares_outstanding.",
      "next_earnings": {
        "value": "Not confirmed",
        "source": "Nasdaq TRMB earnings page returned no current earnings date and Trimble Events & Presentations exposed no upcoming earnings date in static HTML on 2026-06-13.",
        "confirmed": false
      },
      "latest_quarter_revenue": {
        "value": "$939.9M",
        "period": "Fiscal Q1 2026",
        "source": "Trimble Announces First Quarter 2026 Results; local SEC 8-K exhibit article clip."
      },
      "knowledge_link": "../../../../../knowledge/wiki/lanes/security/trmb.md"
    },
    {
      "rank": 4,
      "ticker": "AGCO",
      "company": "AGCO Corporation",
      "market_cap": "$8.1B",
      "market_cap_source": "Read-only discovery DuckDB daily_ohlc close on 2026-06-12 multiplied by stored instrument share_class_shares_outstanding.",
      "next_earnings": {
        "value": "Not confirmed",
        "source": "Nasdaq AGCO earnings page returned no current earnings date on 2026-06-13; no official future earnings date was confirmed in this bounded pass.",
        "confirmed": false
      },
      "latest_quarter_revenue": {
        "value": "$2.3429B",
        "period": "Quarter ended March 31, 2026",
        "source": "AGCO REPORTS FIRST-QUARTER RESULTS; local knowledge article clip from AGCO May 5, 2026 release."
      },
      "knowledge_link": "../../../../../knowledge/wiki/lanes/security/agco.md"
    },
    {
      "rank": 5,
      "ticker": "CNH",
      "company": "CNH Industrial N.V.",
      "market_cap": "$13.1B",
      "market_cap_source": "Read-only discovery DuckDB daily_ohlc close on 2026-06-12 multiplied by stored instrument share_class_shares_outstanding.",
      "next_earnings": {
        "value": "Not confirmed",
        "source": "Nasdaq CNH earnings page returned no current earnings date on 2026-06-13; no official future earnings date was confirmed in this bounded pass.",
        "confirmed": false
      },
      "latest_quarter_revenue": {
        "value": "$3.826B",
        "period": "Quarter ended March 31, 2026",
        "source": "CNH Industrial N.V. Reports First Quarter 2026 Results; local knowledge article clip from CNH April 30, 2026 release."
      },
      "knowledge_link": "../../../../../knowledge/wiki/lanes/security/cnh.md"
    }
  ],
  "current_setup": {
    "source_fields_order": [
      "Why It Matters To The Theme",
      "Tailwinds",
      "Headwinds"
    ],
    "presentation": "Visible setup-visual-header with hidden setup-narrative source fields in HTML."
  },
  "chart_artifacts": [
    {
      "ticker": "DE",
      "api_route": "/api/securities/DE/chart?frequency=weekly&window=3y&as_of=latest",
      "source_table": "daily_ohlc",
      "price_data_as_of": "2026-06-12",
      "visible_years": 3,
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume"
      ]
    },
    {
      "ticker": "CAT",
      "api_route": "/api/securities/CAT/chart?frequency=weekly&window=3y&as_of=latest",
      "source_table": "daily_ohlc",
      "price_data_as_of": "2026-06-12",
      "visible_years": 3,
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume"
      ]
    },
    {
      "ticker": "TRMB",
      "api_route": "/api/securities/TRMB/chart?frequency=weekly&window=3y&as_of=latest",
      "source_table": "daily_ohlc",
      "price_data_as_of": "2026-06-12",
      "visible_years": 3,
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume"
      ]
    },
    {
      "ticker": "AGCO",
      "api_route": "/api/securities/AGCO/chart?frequency=weekly&window=3y&as_of=latest",
      "source_table": "daily_ohlc",
      "price_data_as_of": "2026-06-12",
      "visible_years": 3,
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume"
      ]
    },
    {
      "ticker": "CNH",
      "api_route": "/api/securities/CNH/chart?frequency=weekly&window=3y&as_of=latest",
      "source_table": "daily_ohlc",
      "price_data_as_of": "2026-06-12",
      "visible_years": 3,
      "indicators": [
        "20w_ema",
        "100w_ema",
        "weekly_volume"
      ],
      "limitations": [
        "CNH local daily_ohlc starts on 2024-05-20, so the chart lacks a full three-year visible history."
      ]
    }
  ],
  "chart_method": {
    "aggregation": "Weekly bars should be grouped from daily_ohlc by calendar week; open is first daily open, high is weekly max, low is weekly min, close is final daily close, and volume is summed.",
    "indicator_method": "20-week and 100-week exponential moving averages should be computed from weekly closes with enough history before visible-window clipping; selected-security right rail renders the live chart.",
    "html_embedding": "No inline chart payload is embedded in HTML."
  },
  "links_out": [
    "theme_robotics",
    "theme_physical_ai_defense_autonomy",
    "sector_industrials",
    "theme_trade_tariff_sourcing_geography",
    "security_de",
    "security_cat",
    "security_trmb",
    "security_agco",
    "security_cnh"
  ],
  "knowledge_sources": [
    "../../../../../knowledge/wiki/lanes/security/de.md",
    "../../../../../knowledge/wiki/lanes/security/cat.md",
    "../../../../../knowledge/wiki/lanes/security/trmb.md",
    "../../../../../knowledge/wiki/lanes/security/agco.md",
    "../../../../../knowledge/wiki/lanes/security/cnh.md",
    "../../../../../knowledge/wiki/lanes/sector/industrials.md",
    "../../../../../knowledge/wiki/concepts/themes/physical-ai-defense-autonomy.md",
    "../../../../../knowledge/wiki/concepts/themes/funding-dependency-and-duration-tolerance.md",
    "../../../../../knowledge/wiki/concepts/themes/trade-tariff-sourcing-geography.md",
    "../../../../../knowledge/raw/sources/security_research__agco__robotics_value_chain_20260531/output.md",
    "../../../../../knowledge/raw/sources/security_profile__agco__robotics_value_chain_20260531/output.md",
    "../../../../../knowledge/raw/sources/security_research__cnh__robotics_value_chain_20260531/output.md",
    "../../../../../knowledge/raw/sources/security_profile__cnh__robotics_value_chain_20260531/output.md",
    "../../../../../knowledge/articles/Deere Reports Second Quarter Net Income of -$1.773 Billion.md",
    "../../../../../knowledge/articles/Caterpillar Reports First-Quarter 2026 Results.md",
    "../../../../../knowledge/articles/Document (sec.gov 120).md",
    "../../../../../knowledge/articles/AGCO REPORTS FIRST-QUARTER RESULTS.md",
    "../../../../../knowledge/articles/CNH Industrial N.V. Reports First Quarter 2026 Results.md"
  ],
  "external_sources": [
    "https://www.nasdaq.com/market-activity/stocks/agco/earnings",
    "https://www.nasdaq.com/market-activity/stocks/cat/earnings",
    "https://www.nasdaq.com/market-activity/stocks/cnh/earnings",
    "https://www.nasdaq.com/market-activity/stocks/de/earnings",
    "https://www.nasdaq.com/market-activity/stocks/trmb/earnings",
    "https://investors.caterpillar.com/events-presentations/default.aspx",
    "https://investor.trimble.com/events-and-presentations/default.aspx",
    "https://news.agcocorp.com/2026-05-05-AGCO-REPORTS-FIRST-QUARTER-RESULTS",
    "https://globenewswire.com/news-release/2026/04/30/3284631/0/en/cnh-industrial-n-v-reports-first-quarter-2026-results.html"
  ],
  "discovery_sources": [
    {
      "kind": "status",
      "label": "Field robotics local discovery coverage",
      "query_ref": "discovery status DE|CAT|TRMB|AGCO|CNH --json",
      "result_summary": "DE, CAT, TRMB, and AGCO have daily_ohlc through 2026-06-12 with history back to 2021; CNH has daily_ohlc through 2026-06-12 with history from 2024-05-20."
    },
    {
      "kind": "duckdb_readonly_query",
      "label": "Field robotics market-cap metric calculation",
      "query_ref": "duckdb data/discovery.duckdb -readonly daily_ohlc latest close joined to instruments share_class_shares_outstanding",
      "result_summary": "Market caps used in basket metric tiles: DE $156.0B, CAT $419.4B, TRMB $11.8B, AGCO $8.1B, CNH $13.1B as of 2026-06-12."
    },
    {
      "kind": "api_chart_route",
      "label": "Selected-security right-rail chart route",
      "query_ref": "/api/securities/TICKER/chart?frequency=weekly&window=3y&as_of=latest"
    }
  ],
  "deferred_shared_updates": [
    "No themes/robotics/nodes/node-data.json file exists.",
    "Parent theme page, parent report.json, and sitemap.json already route this node and were not edited under the shared-file coordination rule.",
    "Coordinator can refresh parent report.json and sitemap.json source refs from the old 2026-05-29 static chart package to this node's 2026-06-12 API-backed chart metadata if aggregate metadata freshness is normalized."
  ],
  "limitations": [
    "Next earnings dates are not confirmed for any basket ticker.",
    "AGCO and CNH have maintained local lanes but remain lower-conviction because current margin, dealer inventory, financing, and cash-conversion evidence is weaker than DE, CAT, and TRMB.",
    "Market-cap metrics are local discovery calculations using stored share counts and latest local closes, not exchange-direct market data.",
    "CNH local daily_ohlc history starts on 2024-05-20.",
    "Representative selected-security API validation depends on the local report API being running."
  ]
}