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Caterpillar (CAT) Stock Forecast, Price Target & Predictions

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CAT Stock Forecast

Caterpillar (CAT) stock forecast, based on 53 Wall Street analysts, predicts a 12-month average price target of $513.57, with a high of $582.00 and a low of $480.00. This represents a -2.56% decline from the last price of $527.07.

$250 $320 $390 $460 $530 $600 High: $582 Avg: $513.57 Low: $480 Last Closed Price: $527.07

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
StockCaterpillar-2.56%
SectorIndustrials Stocks 14.87%

Price Target Trends

1M3M12M
# Anlaysts4815
Avg Price Target$518.75$511.25$447.67
Last Closing Price$527.07$527.07$527.07
Upside/Downside-1.58%-3.00%-15.06%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 25212101-25
Sep, 25212101-25
Aug, 25-1213-126
Jul, 2531114--28
Jun, 2531114--28
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 20, 2025Adam SeidenBarclays$485.00$527.08-7.98%-7.98%
Oct 14, 2025Chad DillardBernstein$502.00$504.76-0.55%-4.76%
Oct 13, 2025UBS$506.00$491.302.99%-4.00%
Oct 08, 2025Truist Financial$582.00$486.7119.58%10.42%
Sep 17, 2025Robert W. Baird$540.00$450.6619.82%2.45%
Aug 29, 2025Jefferies$500.00$419.0419.32%-5.14%
Aug 29, 2025Robert W. Baird$495.00$419.0418.13%-6.08%
Aug 29, 2025Oppenheimer$480.00$434.9110.37%-8.93%
May 16, 2025Steven FisherUBS$357.00$353.580.97%-32.27%
May 01, 2025Kristen OwenOppenheimer$395.00$313.9625.81%-25.06%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 14, 2025BernsteinMarket PerformMarket Performhold
Oct 13, 2025UBSNeutralNeutralhold
Sep 25, 2025CitigroupBuyNegativedowngrade
Sep 23, 2025CitigroupBuyBuyhold
Aug 29, 2025JefferiesBuyBuyhold
Aug 19, 2025Evercore ISIOutperformupgrade
Aug 07, 2025Morgan StanleyUnderweightUnderweightdowngrade
Jul 14, 2025BernsteinMarket PerformMarket Performhold
Jun 24, 2025CitigroupBuyBuyhold
Jun 03, 2025Bank of America SecuritiesBuyBuyhold

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 $513.57 over the next 12 months. The price target range spans from $480 at the low end to $582 at the high end, suggesting a potential -2.56% change from the previous closing price of $527.07.

How does Caterpillar stock forecast compare to its benchmarks?

Caterpillar's stock forecast shows a -2.56% downside, underperforming the average forecast for the industrials stocks sector (14.87%).

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

  • October 2025: 8.00% Strong Buy, 48.00% Buy, 40.00% Hold, 4.00% Sell, 0% Strong Sell.
  • September 2025: 8.00% Strong Buy, 48.00% Buy, 40.00% Hold, 4.00% Sell, 0% Strong Sell.
  • August 2025: 0% Strong Buy, 46.15% Buy, 50.00% Hold, 0% Sell, 3.85% 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.