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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 $697.07, with a high of $825.00 and a low of $425.00. This represents a 1.22% increase from the last price of $688.65.

$250 $370 $490 $610 $730 $850 High: $825 Avg: $697.07 Low: $425 Last Closed Price: $688.65

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
StockCaterpillar1.22%
SectorIndustrials Stocks 17.81%

Price Target Trends

1M3M12M
# Anlaysts11637
Avg Price Target$825.00$694.44$593.70
Last Closing Price$688.65$688.65$688.65
Upside/Downside19.80%0.84%-13.79%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Mar, 26114122-29
Feb, 26113122-28
Jan, 26113122-28
Dec, 25113122-28
Nov, 25111122-26
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 10, 2026Michael FenigerWilliams Trading$825.00$716.8715.08%19.80%
Feb 03, 2026Angel CastilloMorgan Stanley$425.00$698.20-39.13%-38.29%
Feb 02, 2026Jamie CookTruist Financial$786.00$681.2915.37%14.14%
Feb 02, 2026UBS$677.00$680.54-0.52%-1.69%
Feb 02, 2026Michael ShliskyD.A. Davidson$650.00$668.04-2.70%-5.61%
Jan 30, 2026Oppenheimer$729.00$665.249.58%5.86%
Jan 30, 2026Robert W. Baird$805.00$665.2421.01%16.90%
Jan 30, 2026Bernstein$678.00$665.241.92%-1.55%
Jan 30, 2026Wells Fargo$756.00$665.2413.64%9.78%
Jan 30, 2026William Blair$735.00$665.2410.49%6.73%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 10, 2026Bank of America SecuritiesBuyBuyhold
Mar 09, 2026William BlairOutperformOutperformhold
Feb 06, 2026CICCOutperforminitialise
Feb 03, 2026Morgan StanleyUnderweightUnderweighthold
Feb 02, 2026UBSNeutralNeutralhold
Jan 30, 2026BernsteinMarket PerformMarket Performhold
Jan 30, 2026Bank of America SecuritiesBuyBuyhold
Jan 30, 2026RBC CapitalSector PerformSector Performhold
Jan 27, 2026JefferiesBuyBuyhold
Jan 23, 2026Wells FargoOverweightOverweighthold

Financial Forecast

EPS Forecast

$5 $11 $17 $23 $29 $35 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$11.93$12.73$20.24$22.17$18.90---
Avg Forecast$10.39$13.95$20.68$21.80$22.02$24.25$26.93$24.75
High Forecast$10.81$14.76$21.13$22.04$23.49$30.24$29.63$27.06
Low Forecast$9.93$13.14$19.61$21.23$21.02$21.85$24.77$23.57
Surprise %14.82%-8.75%-2.13%1.70%-14.17%---

Revenue Forecast

$45B $53B $61B $69B $77B $85B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$50.97B$59.43B$67.06B$64.81B$67.59B---
Avg Forecast$49.85B$57.91B$67.13B$65.31B$66.01B$69.32B$74.90B$72.18B
High Forecast$51.39B$60.51B$67.63B$65.50B$68.80B$69.40B$80.28B$77.37B
Low Forecast$48.13B$55.32B$66.73B$65.10B$64.70B$69.23B$72.17B$69.55B
Surprise %2.25%2.62%-0.10%-0.77%2.39%---

Net Income Forecast

$0 $4B $8B $12B $16B $20B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.49B$6.71B$10.34B$10.79B$8.87B---
Avg Forecast$5.00B$6.08B$10.34B$11.11B$11.43B$11.57B$13.97B$12.71B
High Forecast$6.00B$7.29B$12.40B$11.32B$12.07B$15.53B$15.22B$13.90B
Low Forecast$4.00B$4.86B$8.27B$10.91B$10.80B$11.22B$12.72B$12.11B
Surprise %29.70%10.30%--2.88%-22.38%---

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 $697.07 over the next 12 months. The price target range spans from $425 at the low end to $825 at the high end, suggesting a potential 1.22% change from the previous closing price of $688.65.

How does Caterpillar stock forecast compare to its benchmarks?

Caterpillar's stock forecast shows a 1.22% upside, underperforming the average forecast for the industrials stocks sector (17.81%).

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

  • March 2026: 3.45% Strong Buy, 48.28% Buy, 41.38% Hold, 6.90% Sell, 0% Strong Sell.
  • February 2026: 3.57% Strong Buy, 46.43% Buy, 42.86% Hold, 7.14% Sell, 0% Strong Sell.
  • January 2026: 3.57% Strong Buy, 46.43% Buy, 42.86% Hold, 7.14% Sell, 0% Strong Sell.

What is Caterpillar’s EPS forecast?

Caterpillar's average annual EPS forecast for its fiscal year ending in December 2026 is $24.25, marking a 28.31% increase from the reported $18.9 in 2025. Estimates for the following years are $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 2026 is $69.32B, reflecting a 2.55% increase from the reported $67.59B in 2025. The forecast for 2027 is $74.9B, and $72.18B for 2028.

What is Caterpillar’s net income forecast?

Caterpillar's net income forecast for the fiscal year ending in December 2026 stands at $11.57B, representing an 30.45% increase from the reported $8.87B in 2025. Projections indicate $13.97B in 2027, and $12.71B in 2028.