Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
864.72
+21.35 (2.53%)
Aug 12, 2026, 12:14 PM EDT - Market open
Caterpillar Stock Forecast
Stock Price Forecast
According to 28 analysts polled by S&P Global, Caterpillar stock has a consensus rating of "Buy" and an average price target of $970.71. The average 1-year stock price forecast is 12.26% higher than the current stock price, while the lowest is $575 (-33.50%) and the highest is $1,225 (+41.66%).
Price Target: $970.71 (+12.26%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 14 | 14 | 13 | 13 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 12 | 10 | 11 | 11 | 12 | 12 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 2 | 3 | 2 | 2 | 1 | 1 |
| Total | 29 | 28 | 28 | 28 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| D.A. Davidson | D.A. Davidson | Hold Maintains $845 → $882 | Hold | Maintains | $845 → $882 | +2.00% | Aug 6, 2026 |
| Truist Financial | Truist Financial | Buy Reiterates $1,218 → $1,225 | Buy | Reiterates | $1,218 → $1,225 | +41.66% | Aug 5, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $915 | Hold | Maintains | $915 | +5.81% | Aug 5, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Reiterates $989 | Buy | Reiterates | $989 | +14.37% | Aug 5, 2026 |
| UBS | UBS | Hold Maintains $900 → $925 | Hold | Maintains | $900 → $925 | +6.97% | Aug 5, 2026 |
Financial Forecast
Revenue This Year
78.87B
from 67.59B
Increased by 16.70%
Revenue Next Year
87.03B
from 78.87B
Increased by 10.33%
EPS This Year
26.85
from 19.06
Increased by 40.87%
EPS Next Year
31.97
from 26.85
Increased by 19.06%
EPS and Forward PE are based on non-GAAP adjusted numbers.