Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
693.99
-6.70 (-0.96%)
At close: Mar 13, 2026, 4:00 PM EDT
695.89
+1.90 (0.27%)
After-hours: Mar 13, 2026, 7:59 PM EDT

Caterpillar Stock Forecast

Stock Price Forecast

The 18 analysts that cover Caterpillar stock have a consensus rating of "Buy" and an average price target of $691.67, which forecasts a -0.33% decrease in the stock price over the next year. The lowest target is $425 and the highest is $878.

Price Target: $691.67 (-0.33%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$425$691.67$670$878
Change-38.76%-0.33%-3.46%+26.51%

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

RatingOct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy565666
Buy455666
Hold555555
Sell111111
Strong Sell000000
Total151716181818

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citigroup
Citigroup
Strong Buy
Maintains
$760$785
Strong BuyMaintains$760$785+13.11%Mar 9, 2026
Oppenheimer
Oppenheimer
Buy
Maintains
$729$817
BuyMaintains$729$817+17.73%Mar 6, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$756$870
BuyMaintains$756$870+25.36%Feb 25, 2026
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$630$878
BuyMaintains$630$878+26.51%Feb 23, 2026
B of A Securities
B of A Securities
Strong Buy
Maintains
$735$825
Strong BuyMaintains$735$825+18.88%Feb 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
74.56B
from 67.59B
Increased by 10.31%
Revenue Next Year
80.98B
from 74.56B
Increased by 8.62%
EPS This Year
22.98
from 18.81
Increased by 22.19%
EPS Next Year
27.82
from 22.98
Increased by 21.02%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
50.97B59.43B67.06B64.81B67.59B74.56B80.98B
Revenue Growth
22.09%16.59%12.84%-3.36%4.29%10.31%8.62%
EPS
11.8312.6420.1222.0518.8122.9827.82
EPS Growth
116.67%6.85%59.18%9.59%-14.69%22.19%21.02%
Forward PE
-----30.1924.95
No. Analysts
-----3231
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High81.3B92.0B
Avg74.6B81.0B
Low70.5B74.8B

Revenue Growth

Revenue Growth20262027202820292030
High
20.3%
23.4%
Avg
10.3%
8.6%
Low
4.3%
0.3%

EPS Forecast

EPS20262027202820292030
High26.6233.86
Avg22.9827.82
Low20.8323.93

EPS Growth

EPS Growth20262027202820292030
High
41.5%
47.3%
Avg
22.2%
21.0%
Low
10.7%
4.1%
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.