Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
284.74
-9.51 (-3.23%)
Apr 21, 2025, 4:00 PM EDT - Market closed

Caterpillar Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Caterpillar stock have an average target of 349.21, with a low estimate of 243 and a high estimate of 475. The average target predicts an increase of 22.64% from the current stock price of 284.74.

Analyst Consensus: Buy
Target Low Average Median High
Price $243 $349.21 $350 $475
Change -14.66% +22.64% +22.92% +66.82%

Analyst Ratings

The average analyst rating for Caterpillar stock from 15 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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 566665
Buy 111111
Hold 777777
Sell 332221
Strong Sell 111001
Total 171817161615

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Hold
Maintains
$357$325
Hold Maintains $357$325 +14.14% Apr 21, 2025
Morgan Stanley
Morgan Stanley
Hold
Upgrades
$300$283
Hold Upgrades $300$283 -0.61% Apr 16, 2025
JP Morgan
JP Morgan
Buy
Maintains
$490$380
Buy Maintains $490$380 +33.46% Apr 14, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$430$320
Strong Buy Maintains $430$320 +12.38% Apr 8, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$438$389
Strong Buy Maintains $438$389 +36.62% Apr 8, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
63.51B
from 64.81B
Decreased by -2.01%
Revenue Next Year
66.61B
from 63.51B
Increased by 4.88%
EPS This Year
19.62
from 22.05
Decreased by -11.03%
EPS Next Year
21.79
from 19.62
Increased by 11.08%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
41.75B50.97B59.43B67.06B64.81B63.51B66.61B70.15B
Revenue Growth
-22.40%22.09%16.59%12.84%-3.36%-2.01%4.88%5.31%
EPS
5.4611.8312.6420.1222.0519.6221.7924.55
EPS Growth
-49.16%116.67%6.85%59.18%9.59%-11.03%11.08%12.66%
Forward PE
-----14.5113.0711.60
No. Analysts -----282815
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 67.8B 73.4B 80.5B
Avg 63.5B 66.6B 70.1B
Low 58.4B 58.3B 60.0B

Revenue Growth

Revenue Growth 2025202620272028
High
4.6%
15.6%
20.9%
Avg
-2.0%
4.9%
5.3%
Low
-9.9%
-8.2%
-10.0%

EPS Forecast

EPS 20252026202720282029
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 20252026202720282029
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.