Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
325.62
+1.37 (0.42%)
At close: May 9, 2025, 4:00 PM
325.80
+0.18 (0.06%)
After-hours: May 9, 2025, 7:59 PM EDT
Caterpillar Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Caterpillar stock have an average target of 358.83, with a low estimate of 243 and a high estimate of 475. The average target predicts an increase of 10.20% from the current stock price of 325.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Caterpillar stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 5 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 7 | 7 | 7 | 7 | 7 | 6 |
| Sell | 3 | 2 | 2 | 2 | 1 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 1 | 1 |
| Total | 18 | 17 | 16 | 16 | 15 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $320 → $370 | Strong Buy | Maintains | $320 → $370 | +13.63% | May 5, 2025 |
| DA Davidson | DA Davidson | Hold Maintains $325 → $331 | Hold | Maintains | $325 → $331 | +1.65% | May 5, 2025 |
| Truist Securities | Truist Securities | Strong Buy Reiterates $389 → $396 | Strong Buy | Reiterates | $389 → $396 | +21.61% | May 1, 2025 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $395 | Hold → Buy | Upgrades | $395 | +21.31% | May 1, 2025 |
| Baird | Baird | Sell → Hold Upgrades $300 → $309 | Sell → Hold | Upgrades | $300 → $309 | -5.10% | May 1, 2025 |
Financial Forecast
Revenue This Year
62.79B
from 64.81B
Decreased by -3.12%
Revenue Next Year
65.56B
from 62.79B
Increased by 4.42%
EPS This Year
19.62
from 22.05
Decreased by -11.03%
EPS Next Year
21.79
from 19.62
Increased by 11.08%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 67.8B | 73.4B | 80.5B | |
| Avg | 62.8B | 65.6B | 69.5B | |
| Low | 55.8B | 56.3B | 60.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 4.6% | 16.9% | 22.8% | |
| Avg | -3.1% | 4.4% | 6.0% | |
| Low | -13.9% | -10.4% | -8.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 22.27 | 26.62 | 30.17 | ||
| Avg | 19.62 | 21.79 | 24.55 | ||
| Low | 16.17 | 15.93 | 16.66 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.0% | 35.7% | 38.4% | ||
| Avg | -11.0% | 11.1% | 12.7% | ||
| Low | -26.7% | -18.8% | -23.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.