Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
909.81
+44.45 (5.14%)
At close: Jun 2, 2026, 4:00 PM EDT
910.00
+0.19 (0.02%)
After-hours: Jun 2, 2026, 7:59 PM EDT

Caterpillar Stock Forecast

Stock Price Forecast

According to 28 analysts polled by S&P Global, Caterpillar stock has a consensus rating of "Buy" and an average price target of $936.99. The average 1-year stock price forecast is 2.99% higher than the current stock price, while the lowest is $575 (-36.80%) and the highest is $1,165 (+28.05%).

Price Target: $936.99 (+2.99%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$575$936.99$950.48$1,165
Change-36.80%+2.99%+4.47%+28.05%

Analyst Ratings

The average analyst rating for Caterpillar stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy131414141414
Buy111111
Hold121212101111
Sell000000
Strong Sell222322
Total282929282828

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Hold
Maintains
$879
HoldMaintains$879-3.39%Jun 2, 2026
UBS
UBS
Hold
Reiterates
$677$900
HoldReiterates$677$900-1.08%Jun 2, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$323$989
BuyMaintains$323$989+8.70%Jun 1, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$1,050
BuyReiterates$1,050+15.41%May 28, 2026
Jefferies
Jefferies
Buy
Maintains
$1,045
BuyMaintains$1,045+14.86%May 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
75.73B
from 67.59B
Increased by 12.05%
Revenue Next Year
83.35B
from 75.73B
Increased by 10.05%
EPS This Year
24.07
from 18.81
Increased by 27.95%
EPS Next Year
29.48
from 24.07
Increased by 22.49%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
50.97B59.43B67.06B64.81B67.59B75.73B
Revenue Growth
22.09%16.59%12.84%-3.36%4.29%12.05%
Gross Profit
13.19B15.57B21.28B21.09B19.46B25.36B
Gross Margin
25.88%26.19%31.73%32.54%28.79%33.49%
Operating Income
8.27B9.76B13.67B13.56B11.76B13.95B
Net Income
6.49B6.71B10.34B10.79B8.88B11.22B
EPS
11.8312.6420.1222.0518.8124.07
EPS Growth
116.67%6.85%59.18%9.59%-14.69%27.95%
Forward PE
17.9515.8314.5117.0627.7337.80
Dividend / Share
4.364.715.105.535.946.20
Dividend Growth
-8.03%8.28%8.43%7.41%4.40%
Free Cash Flow
7.04B3.58B8.56B5.29B5.84B9.41B
No. Analysts
-----19

Revenue Forecast

Revenue202620272028
High78.3B
Avg75.7B
Low72.3B

Revenue Growth

Revenue Growth202620272028
High
15.9%
Avg
12.1%
Low
6.9%

EPS Forecast

EPS202620272028
High26.34
Avg24.07
Low22.18

EPS Growth

EPS Growth202620272028
High
40.0%
Avg
28.0%
Low
17.9%
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by S&P Global Market Intelligence. The data is sourced from Wall Street analysts. Data sources.