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Caterpillar (CAT) Stock Forecast, Price Target & Predictions

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CAT Stock Forecast

Caterpillar (CAT) stock forecast, based on 46 Wall Street analysts, predicts a 12-month average price target of $374.20, with a high of $471.00 and a low of $283.00. This represents a 3.67% increase from the last price of $360.96.

$250 $300 $350 $400 $450 $500 High: $471 Avg: $374.2 Low: $283 Last Closed Price: $360.96

CAT Stock Rating

Caterpillar stock's rating consensus is Buy, based on 46 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 25 Buy (54.35%), 16 Hold (34.78%), 5 Sell (10.87%), and 0 Strong Sell (0.00%).

Buy
Total 46 0 5 16 25 Strong Sell Sell Hold Buy Strong Buy

CAT Price Target Upside V Benchmarks

TypeNameUpside
StockCaterpillar3.67%
SectorIndustrials Stocks 12.42%

Price Target Trends

1M3M12M
# Anlaysts1311
Avg Price Target$357.00$345.00$376.36
Last Closing Price$360.96$360.96$360.96
Upside/Downside-1.10%-4.42%4.27%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 2531114--28
May, 25310143-30
Apr, 2539123-27
Mar, 2539123-27
Feb, 2537144-28
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 16, 2025Steven FisherUBS$357.00$353.580.97%-1.10%
May 01, 2025Kristen OwenOppenheimer$395.00$313.9625.81%9.43%
Apr 16, 2025Angel CastilloMorgan Stanley$283.00$290.14-2.46%-21.60%
Jan 31, 2025Angel CastilloMorgan Stanley$300.00$371.44-19.23%-16.89%
Jan 13, 2025David RasoEvercore ISI$365.00$363.000.55%1.12%
Dec 19, 2024Jamie CookTruist Financial$471.00$388.3921.27%30.49%
Oct 30, 2024Jamie CookTruist Financial$454.00$379.2419.71%25.78%
Oct 14, 2024Angel CastilloMorgan Stanley$332.00$402.02-17.42%-8.02%
Aug 07, 2024Michael FenigerBank of America Securities$376.00$327.6414.76%4.17%
Aug 07, 2024Jamie CookTruist Financial$399.00$330.1020.87%10.54%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jun 03, 2025Bank of America SecuritiesBuyBuyhold
May 16, 2025UBSNeutralNeutralupgrade
May 05, 2025CitigroupBuyBuyhold
May 01, 2025OppenheimerPerformOutperformupgrade
Apr 07, 2025UBSNeutralNeutraldowngrade
Feb 03, 2025WedbushOutperformupgrade
Oct 31, 2024OppenheimerPerformPerformhold
Oct 14, 2024Morgan StanleyEqual-WeightUnderweightdowngrade
Oct 09, 2024CitigroupBuyBuyhold
Oct 02, 2024JefferiesBuyBuyhold

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 46 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 25 Buy, 16 Hold, 5 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 46 Wall Street analysts, averages $374.2 over the next 12 months. The price target range spans from $283 at the low end to $471 at the high end, suggesting a potential 3.67% change from the previous closing price of $360.96.

How does Caterpillar stock forecast compare to its benchmarks?

Caterpillar's stock forecast shows a 3.67% upside, underperforming the average forecast for the industrials stocks sector (12.42%).

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

  • June 2025: 10.71% Strong Buy, 39.29% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • May 2025: 10.00% Strong Buy, 33.33% Buy, 46.67% Hold, 10.00% Sell, 0% Strong Sell.
  • April 2025: 11.11% Strong Buy, 33.33% Buy, 44.44% Hold, 11.11% 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.