Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
393.19
-14.44 (-3.54%)
Jan 27, 2025, 2:44 PM EST - Market open

Caterpillar Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Caterpillar stock have an average target of 378.06, with a low estimate of 295 and a high estimate of 515. The average target predicts a decrease of -3.85% from the current stock price of 393.19.

Analyst Consensus: Buy
Target Low Average Median High
Price $295 $378.06 $360 $515
Change -24.97% -3.85% -8.44% +30.98%

Analyst Ratings

The average analyst rating for Caterpillar stock from 17 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 Aug '24Sep '24Oct '24Nov '24Dec '24Jan '25
Strong Buy 666566
Buy 111111
Hold 998777
Sell 112332
Strong Sell 111111
Total 181818171817

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Strong Buy
Maintains
$471$455
Strong Buy Maintains $471$455 +15.72% Jan 16, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$460$420
Strong Buy Maintains $460$420 +6.82% Jan 14, 2025
Evercore ISI Group
Evercore ISI Group
Hold
Upgrades
$365
Hold Upgrades $365 -7.17% Jan 13, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$454$471
Strong Buy Maintains $454$471 +19.79% Dec 19, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$435$460
Strong Buy Maintains $435$460 +16.99% Dec 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
65.40B
from 67.06B
Decreased by -2.47%
Revenue Next Year
65.95B
from 65.40B
Increased by 0.83%
EPS This Year
22.07
from 20.12
Increased by 9.67%
EPS Next Year
22.34
from 22.07
Increased by 1.26%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
53.80B41.75B50.97B59.43B67.06B65.40B65.95B69.56B
Revenue Growth
-1.68%-22.40%22.09%16.59%12.84%-2.47%0.83%5.48%
EPS
10.745.4611.8312.6420.1222.0722.3424.51
EPS Growth
4.68%-49.16%116.67%6.85%59.18%9.67%1.26%9.70%
Forward PE
-----17.8217.6016.04
No. Analysts -----282821
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 69.9B 76.2B 82.9B
Avg 65.4B 65.9B 69.6B
Low 60.2B 60.5B 63.8B

Revenue Growth

Revenue Growth 202420252026
High
4.2%
16.4%
25.7%
Avg
-2.5%
0.8%
5.5%
Low
-10.2%
-7.5%
-3.2%

EPS Forecast

EPS 20242025202620272028
High 23.61 26.20 30.14
Avg 22.07 22.34 24.51
Low 21.07 19.99 20.80

EPS Growth

EPS Growth 20242025202620272028
High
17.4%
18.7%
34.9%
Avg
9.7%
1.3%
9.7%
Low
4.7%
-9.4%
-6.9%
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.