Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
363.54
-3.58 (-0.98%)
Dec 27, 2024, 10:43 AM EST - Market open
Caterpillar Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Caterpillar stock have an average target of 373.53, with a low estimate of 245 and a high estimate of 515. The average target predicts an increase of 2.75% from the current stock price of 363.54.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Caterpillar stock from 18 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 5 | 6 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 9 | 9 | 9 | 8 | 7 | 7 |
| Sell | 1 | 1 | 1 | 2 | 3 | 3 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 17 | 18 | 18 | 18 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $454 → $471 | Strong Buy | Maintains | $454 → $471 | +29.56% | Dec 19, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $435 → $460 | Strong Buy | Maintains | $435 → $460 | +26.53% | Dec 9, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $500 → $515 | Buy | Maintains | $500 → $515 | +41.66% | Dec 9, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $455 → $475 | Strong Buy | Maintains | $455 → $475 | +30.66% | Dec 6, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold → Sell Downgrades $321 → $365 | Hold → Sell | Downgrades | $321 → $365 | +0.40% | Nov 13, 2024 |
Financial Forecast
Revenue This Year
65.38B
from 67.06B
Decreased by -2.51%
Revenue Next Year
65.92B
from 65.38B
Increased by 0.82%
EPS This Year
22.07
from 20.12
Increased by 9.67%
EPS Next Year
22.34
from 22.07
Increased by 1.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 69.0B | 72.8B | 80.9B |
| Avg | 65.4B | 65.9B | 69.4B |
| Low | 60.2B | 60.5B | 64.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.0% | 11.4% | 22.8% |
| Avg | -2.5% | 0.8% | 5.3% |
| Low | -10.2% | -7.5% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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.