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Caterpillar (CAT) Stock Forecast, Price Target & Predictions

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CAT Stock Forecast

Caterpillar (CAT) stock forecast, based on 56 Wall Street analysts, predicts a 12-month average price target of $895.20, with a high of $1,165.00 and a low of $658.00. This represents a -9.98% decline from the last price of $994.45.

$250 $440 $630 $820 $1 $1 High: $1165 Avg: $895.2 Low: $658 Last Closed Price: $994.45

CAT Stock Rating

Caterpillar stock's rating consensus is Buy, based on 56 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 31 Buy (55.36%), 21 Hold (37.50%), 4 Sell (7.14%), and 0 Strong Sell (0.00%).

Buy
Total 56 0 4 21 31 Strong Sell Sell Hold Buy Strong Buy

CAT Price Target Upside V Benchmarks

TypeNameUpside
StockCaterpillar-9.98%
SectorIndustrials Stocks 17.81%

Price Target Trends

1M3M12M
# Anlaysts21348
Avg Price Target$1.03K$921.92$702.13
Last Closing Price$994.45$994.45$994.45
Upside/Downside3.32%-7.29%-29.40%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 26114112-28
May, 26114112-28
Apr, 26114122-29
Mar, 26114122-29
Feb, 26113122-28
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 23, 2026Wells Fargo$1.16K$1.02K12.98%16.14%
Jun 02, 2026Steven FisherUBS$900.00$865.364.00%-9.50%
May 11, 2026David RasoEvercore ISI$1.10K$901.7222.32%10.92%
May 04, 2026D.A. Davidson$845.00$885.34-4.56%-15.03%
May 01, 2026Robert W. Baird$1.17K$885.9931.49%17.15%
May 01, 2026Jamie CookTruist Financial$1.04K$899.2015.99%4.88%
May 01, 2026Kristen OwenOppenheimer$980.00$890.1110.10%-1.45%
May 01, 2026Barclays$800.00$890.11-10.12%-19.55%
May 01, 2026Morgan Stanley$915.00$890.112.80%-7.99%
Apr 21, 2026Wells Fargo$960.00$798.4020.24%-3.46%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jun 23, 2026Wells FargoOverweightOverweighthold
Jun 02, 2026UBSNeutralNeutralhold
May 11, 2026Evercore ISIOutperformOutperformhold
May 04, 2026CitigroupBuyBuyhold
May 01, 2026OppenheimerOutperformOutperformhold
Apr 21, 2026Wells FargoOverweightOverweighthold
Apr 15, 2026Morgan StanleyUnderweightUnderweighthold
Apr 09, 2026BernsteinMarket PerformMarket Performhold
Mar 10, 2026Bank of America SecuritiesBuyBuyhold
Mar 09, 2026William BlairOutperformOutperformhold

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 56 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 31 Buy, 21 Hold, 4 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 56 Wall Street analysts, averages $895.2 over the next 12 months. The price target range spans from $658 at the low end to $1.16K at the high end, suggesting a potential -9.98% change from the previous closing price of $994.45.

How does Caterpillar stock forecast compare to its benchmarks?

Caterpillar's stock forecast shows a -9.98% downside, 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?

  • June 2026: 3.57% Strong Buy, 50.00% Buy, 39.29% Hold, 7.14% Sell, 0% Strong Sell.
  • May 2026: 3.57% Strong Buy, 50.00% Buy, 39.29% Hold, 7.14% Sell, 0% Strong Sell.
  • April 2026: 3.45% Strong Buy, 48.28% Buy, 41.38% Hold, 6.90% 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.