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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 $574.00, with a high of $729.00 and a low of $395.00. This represents a -7.06% decline from the last price of $617.62.

$250 $350 $450 $550 $650 $750 High: $729 Avg: $574 Low: $395 Last Closed Price: $617.62

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-7.06%
SectorIndustrials Stocks 17.81%

Price Target Trends

1M3M12M
# Anlaysts11222
Avg Price Target$630.00$559.83$507.09
Last Closing Price$617.62$617.62$617.62
Upside/Downside2.00%-9.36%-17.90%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 26113122-28
Dec, 25113122-28
Nov, 25111122-26
Oct, 25212101-25
Sep, 25212101-25
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 19, 2025Bernstein$630.00$565.8311.34%2.00%
Dec 10, 2025Morgan Stanley$395.00$594.50-33.56%-36.04%
Nov 13, 2025Wells Fargo$675.00$553.5521.94%9.29%
Nov 05, 2025Helen FangHSBC$660.00$569.1515.96%6.86%
Nov 04, 2025UBS$581.00$570.591.82%-5.93%
Nov 03, 2025D.A. Davidson$569.00$569.67-0.12%-7.87%
Oct 30, 2025Truist Financial$729.00$585.4924.51%18.03%
Oct 30, 2025Angel CastilloMorgan Stanley$380.00$590.42-35.64%-38.47%
Oct 30, 2025Bernstein$557.00$585.49-4.87%-9.82%
Oct 30, 2025Adam SeidenBarclays$555.00$585.49-5.21%-10.14%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 13, 2026CitigroupBuyBuyhold
Jan 07, 2026Raymond JamesMarket PerformMarket Performhold
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

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-----
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%-----

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----
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%----

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-----
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%------

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 -7.06% change from the previous closing price of $617.62.

How does Caterpillar stock forecast compare to its benchmarks?

Caterpillar's stock forecast shows a -7.06% 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?

  • January 2026: 3.57% Strong Buy, 46.43% Buy, 42.86% Hold, 7.14% Sell, 0% Strong Sell.
  • 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.

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.