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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 $378.67, with a high of $471.00 and a low of $300.00. This represents a 29.05% increase from the last price of $293.43.

$250 $300 $350 $400 $450 $500 High: $471 Avg: $378.67 Low: $300 Last Closed Price: $293.43

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
StockCaterpillar29.05%
SectorIndustrials Stocks 28.19%

Price Target Trends

1M3M12M
# Anlaysts-110
Avg Price Target-$300.00$381.00
Last Closing Price$293.43$293.43$293.43
Upside/Downside-2.24%29.84%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2539123-27
Mar, 2539123-27
Feb, 2537144-28
Jan, 2548135-30
Dec, 2447106-27
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 31, 2025Angel CastilloMorgan Stanley$300.00$371.44-19.23%2.24%
Jan 13, 2025David RasoEvercore ISI$365.00$363.000.55%24.39%
Dec 19, 2024Jamie CookTruist Financial$471.00$388.3921.27%60.52%
Oct 30, 2024Jamie CookTruist Financial$454.00$379.2419.71%54.72%
Oct 14, 2024Angel CastilloMorgan Stanley$332.00$402.02-17.42%13.14%
Aug 07, 2024Michael FenigerBank of America Securities$376.00$327.6414.76%28.14%
Aug 07, 2024Jamie CookTruist Financial$399.00$330.1020.87%35.98%
Aug 06, 2024Jerry RevichGoldman Sachs$408.00$326.4424.98%39.05%
May 07, 2024Ivan FeinsethTigress Financial$345.00$345.00-17.57%
Apr 30, 2024Helen FangHSBC$360.00$349.802.92%22.69%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 07, 2025UBSNeutralNeutraldowngrade
Feb 03, 2025WedbushOutperformupgrade
Oct 31, 2024OppenheimerPerformPerformhold
Oct 14, 2024Morgan StanleyEqual-WeightUnderweightdowngrade
Oct 09, 2024CitigroupBuyBuyhold
Oct 02, 2024JefferiesBuyBuyhold
Sep 24, 2024OTR GlobalMixedMixedhold
Sep 23, 2024Bank of America SecuritiesBuyBuyhold
Aug 07, 2024Bank of America SecuritiesBuyBuyhold
Aug 07, 2024BarclaysEqual-WeightEqual-Weighthold

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 $378.67 over the next 12 months. The price target range spans from $300 at the low end to $471 at the high end, suggesting a potential 29.05% change from the previous closing price of $293.43.

How does Caterpillar stock forecast compare to its benchmarks?

Caterpillar's stock forecast shows a 29.05% upside, outperforming the average forecast for the industrials stocks sector (28.19%).

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

  • April 2025: 11.11% Strong Buy, 33.33% Buy, 44.44% Hold, 11.11% Sell, 0% Strong Sell.
  • March 2025: 11.11% Strong Buy, 33.33% Buy, 44.44% Hold, 11.11% Sell, 0% Strong Sell.
  • February 2025: 10.71% Strong Buy, 25.00% Buy, 50.00% Hold, 14.29% 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.