Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
435.67
+17.78 (4.25%)
At close: Aug 22, 2025, 4:00 PM
435.65
-0.02 (0.00%)
After-hours: Aug 22, 2025, 7:47 PM EDT
Caterpillar Stock Forecast
Stock Price Forecast
The 13 analysts that cover Caterpillar stock have a consensus rating of "Buy" and an average price target of $453.69, which forecasts a 4.14% increase in the stock price over the next year. The lowest target is $350 and the highest is $520.
Price Target: $453.69 (+4.14%)
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 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 4 | 4 | 5 | 5 |
| Buy | 1 | 1 | 3 | 3 | 3 | 4 |
| Hold | 7 | 7 | 6 | 6 | 5 | 3 |
| Sell | 2 | 1 | 0 | 0 | 0 | 1 |
| Strong Sell | 0 | 1 | 0 | 0 | 0 | 0 |
| Total | 16 | 15 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold → Buy Upgrades $476 | Hold → Buy | Upgrades | $476 | +9.26% | Aug 19, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $283 → $350 | Hold → Sell | Downgrades | $283 → $350 | -19.66% | Aug 7, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $475 → $520 | Buy | Maintains | $475 → $520 | +19.36% | Aug 6, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $460 → $500 | Strong Buy | Maintains | $460 → $500 | +14.77% | Aug 6, 2025 |
| Barclays | Barclays | Hold Maintains $383 → $425 | Hold | Maintains | $383 → $425 | -2.45% | Aug 6, 2025 |
Financial Forecast
Revenue This Year
65.08B
from 64.81B
Increased by 0.41%
Revenue Next Year
68.81B
from 65.08B
Increased by 5.73%
EPS This Year
18.46
from 22.05
Decreased by -16.26%
EPS Next Year
21.58
from 18.46
Increased by 16.85%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 69.7B | 78.1B | 85.7B | ||
| Avg | 65.1B | 68.8B | 72.5B | ||
| Low | 60.5B | 64.0B | 67.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.5% | 20.0% | 24.5% | ||
| Avg | 0.4% | 5.7% | 5.4% | ||
| Low | -6.7% | -1.6% | -1.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 20.74 | 25.52 | 31.71 | ||
| Avg | 18.46 | 21.58 | 24.37 | ||
| Low | 17.15 | 17.64 | 20.18 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -6.0% | 38.2% | 47.0% | ||
| Avg | -16.3% | 16.9% | 13.0% | ||
| Low | -22.2% | -4.5% | -6.5% |
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.