Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
647.18
+8.43 (1.32%)
At close: Jan 15, 2026, 4:00 PM EST
647.99
+0.81 (0.12%)
After-hours: Jan 15, 2026, 7:59 PM EST
Caterpillar Stock Forecast
Stock Price Forecast
The 16 analysts that cover Caterpillar stock have a consensus rating of "Buy" and an average price target of $590.63, which forecasts a -8.74% decrease in the stock price over the next year. The lowest target is $395 and the highest is $740.
Price Target: $590.63 (-8.74%)
Analyst Consensus: Buy
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
| Rating | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 5 | 5 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 3 | 3 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 15 | 17 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $730 → $740 | Buy | Maintains | $730 → $740 | +14.34% | Jan 14, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $690 → $710 | Strong Buy | Maintains | $690 → $710 | +9.71% | Jan 13, 2026 |
| Bernstein | Bernstein | Hold Maintains $557 → $630 | Hold | Maintains | $557 → $630 | -2.65% | Dec 19, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $670 → $690 | Strong Buy | Maintains | $670 → $690 | +6.62% | Dec 11, 2025 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $380 → $395 | Sell | Maintains | $380 → $395 | -38.97% | Dec 10, 2025 |
Financial Forecast
Revenue This Year
66.75B
from 64.81B
Increased by 2.99%
Revenue Next Year
72.11B
from 66.75B
Increased by 8.04%
EPS This Year
18.92
from 22.05
Decreased by -14.19%
EPS Next Year
22.46
from 18.92
Increased by 18.70%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 71.1B | 80.2B | ||||
| Avg | 66.7B | 72.1B | ||||
| Low | 61.4B | 68.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|
| High | 9.7% | 20.2% | ||||
| Avg | 3.0% | 8.0% | ||||
| Low | -5.2% | 2.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 20.52 | 26.67 | |||
| Avg | 18.92 | 22.46 | |||
| Low | 17.70 | 19.34 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -7.0% | 41.0% | |||
| Avg | -14.2% | 18.7% | |||
| Low | -19.7% | 2.2% |
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.