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Caterpillar (CAT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CAT Stock Forecast

Caterpillar (CAT) stock forecast, based on 53 Wall Street analysts, predicts a 12-month average price target of $574.00, with a high of $729.00 and a low of $395.00. This represents a 1.44% increase from the last price of $565.83.

$250 $350 $450 $550 $650 $750 High: $729 Avg: $574 Low: $395 Last Closed Price: $565.83

CAT Stock Rating

Caterpillar stock's rating consensus is Buy, based on 53 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 25 Buy (47.17%), 21 Hold (39.62%), 7 Sell (13.21%), and 0 Strong Sell (0.00%).

Buy
Total 53 7 21 25 0 Strong Sell Sell Hold Buy Strong Buy

CAT Price Target Upside V Benchmarks

TypeNameUpside
StockCaterpillar1.44%
SectorIndustrials Stocks 18.94%

Price Target Trends

1M3M12M
# Anlaysts21423
Avg Price Target$512.50$557.57$500.91
Last Closing Price$565.83$565.83$565.83
Upside/Downside-9.43%-1.46%-11.47%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Dec, 25113122-28
Nov, 25111122-26
Oct, 25212101-25
Sep, 25212101-25
Aug, 25-1213-126
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 19, 2025Bernstein$630.00$565.8311.34%11.34%
Dec 10, 2025Morgan Stanley$395.00$594.50-33.56%-30.19%
Nov 13, 2025Wells Fargo$675.00$553.5521.94%19.29%
Nov 05, 2025Helen FangHSBC$660.00$569.1515.96%16.64%
Nov 04, 2025UBS$581.00$570.591.82%2.68%
Nov 03, 2025D.A. Davidson$569.00$569.67-0.12%0.56%
Oct 30, 2025Truist Financial$729.00$585.4924.51%28.84%
Oct 30, 2025Angel CastilloMorgan Stanley$380.00$590.42-35.64%-32.84%
Oct 30, 2025Bernstein$557.00$585.49-4.87%-1.56%
Oct 30, 2025Adam SeidenBarclays$555.00$585.49-5.21%-1.91%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Dec 19, 2025BernsteinMarket PerformMarket Performhold
Dec 16, 2025CitigroupBuyMixedupgrade
Dec 11, 2025CitigroupBuyBuyhold
Dec 10, 2025Morgan StanleyUnderweightUnderweighthold
Nov 13, 2025Wells FargoEqual-WeightOverweightinitialise
Nov 05, 2025HSBCHoldBuyupgrade
Nov 05, 2025BernsteinMarket PerformMarket Performhold
Nov 04, 2025UBSNeutralNeutralhold
Oct 30, 2025Morgan StanleyUnderweightUnderweighthold
Oct 14, 2025BernsteinMarket PerformMarket Performhold

Financial Forecast

EPS Forecast

$5 $11 $17 $23 $29 $35 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$5.51$11.93$12.73$20.24-----
Avg Forecast$5.44$10.39$13.95$20.68$21.80$22.02$24.25$26.93$24.75
High Forecast$5.66$10.81$14.76$21.13$22.04$23.49$30.24$29.63$27.06
Low Forecast$5.20$9.93$13.14$19.61$21.23$21.02$21.85$24.77$23.57
Surprise %1.29%14.82%-8.75%-2.13%-----

Revenue Forecast

$40B $49B $58B $67B $76B $85B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$41.75B$50.97B$59.43B$67.06B$64.81B----
Avg Forecast$41.74B$49.85B$57.91B$67.13B$65.31B$66.01B$69.32B$74.90B$72.18B
High Forecast$43.03B$51.39B$60.51B$67.63B$65.50B$68.80B$69.40B$80.28B$77.37B
Low Forecast$40.30B$48.13B$55.32B$66.73B$65.10B$64.70B$69.23B$72.17B$69.55B
Surprise %0.02%2.25%2.62%-0.10%-0.77%----

Net Income Forecast

$0 $4B $8B $12B $16B $20B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.00B$6.49B$6.71B$10.34B-----
Avg Forecast$2.42B$5.00B$6.08B$10.34B$11.11B$11.43B$11.57B$13.97B$12.71B
High Forecast$2.90B$6.00B$7.29B$12.40B$11.32B$12.07B$15.53B$15.22B$13.90B
Low Forecast$1.94B$4.00B$4.86B$8.27B$10.91B$10.80B$11.22B$12.72B$12.11B
Surprise %23.90%29.70%10.30%------

CAT Forecast FAQ

Is Caterpillar stock a buy?

Caterpillar stock has a consensus rating of Buy, based on 53 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 25 Buy, 21 Hold, 7 Sell, and 0 Strong Sell, reflecting a consensus that Caterpillar is a favorable investment for most analysts.

What is Caterpillar's price target?

Caterpillar's price target, set by 53 Wall Street analysts, averages $574 over the next 12 months. The price target range spans from $395 at the low end to $729 at the high end, suggesting a potential 1.44% change from the previous closing price of $565.83.

How does Caterpillar stock forecast compare to its benchmarks?

Caterpillar's stock forecast shows a 1.44% upside, underperforming the average forecast for the industrials stocks sector (18.94%).

What is the breakdown of analyst ratings for Caterpillar over the past three months?

  • December 2025: 3.57% Strong Buy, 46.43% Buy, 42.86% Hold, 7.14% Sell, 0% Strong Sell.
  • November 2025: 3.85% Strong Buy, 42.31% Buy, 46.15% Hold, 7.69% Sell, 0% Strong Sell.
  • October 2025: 8.00% Strong Buy, 48.00% Buy, 40.00% Hold, 4.00% Sell, 0% Strong Sell.

What is Caterpillar’s EPS forecast?

Caterpillar's average annual EPS forecast for its fiscal year ending in December 2025 is $22.02, marking a 0% decrease from the reported $0 in 2024. Estimates for the following years are $24.25 in 2026, $26.93 in 2027, and $24.75 in 2028.

What is Caterpillar’s revenue forecast?

Caterpillar's average annual revenue forecast for its fiscal year ending in December 2025 is $66.01B, reflecting a 1.85% increase from the reported $64.81B in 2024. The forecast for 2026 is $69.32B, followed by $74.9B for 2027, and $72.18B for 2028.

What is Caterpillar’s net income forecast?

Caterpillar's net income forecast for the fiscal year ending in December 2025 stands at $11.43B, representing a 0% decrease from the reported $0 in 2024. Projections indicate $11.57B in 2026, $13.97B in 2027, and $12.71B in 2028.