Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
342.58
+0.22 (0.06%)
At close: Feb 26, 2025, 4:00 PM
342.70
+0.12 (0.04%)
After-hours: Feb 26, 2025, 7:57 PM EST

Caterpillar Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for Caterpillar stock have an average target of 383.13, with a low estimate of 300 and a high estimate of 490. The average target predicts an increase of 11.84% from the current stock price of 342.58.

Analyst Consensus: Buy
Target Low Average Median High
Price $300 $383.13 $365 $490
Change -12.43% +11.84% +6.54% +43.03%

Analyst Ratings

The average analyst rating for Caterpillar stock from 16 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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 665666
Buy 111111
Hold 987777
Sell 123322
Strong Sell 111110
Total 181817181716

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Hold
Maintains
$350$357
Hold Maintains $350$357 +4.21% Feb 4, 2025
Truist Securities
Truist Securities
Strong Buy
Maintains
$455$438
Strong Buy Maintains $455$438 +27.85% Feb 3, 2025
UBS
UBS
Hold
Upgrades
$355$385
Hold Upgrades $355$385 +12.38% Feb 3, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$420$430
Strong Buy Maintains $420$430 +25.52% Jan 31, 2025
JP Morgan
JP Morgan
Buy
Maintains
$515$490
Buy Maintains $515$490 +43.03% Jan 31, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
63.56B
from 64.81B
Decreased by -1.93%
Revenue Next Year
66.84B
from 63.56B
Increased by 5.16%
EPS This Year
20.25
from 22.05
Decreased by -8.18%
EPS Next Year
22.72
from 20.25
Increased by 12.22%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
41.75B50.97B59.43B67.06B64.81B63.56B66.84B71.30B
Revenue Growth
-22.40%22.09%16.59%12.84%-3.36%-1.93%5.16%6.67%
EPS
5.4611.8312.6420.1222.0520.2522.7225.36
EPS Growth
-49.16%116.67%6.85%59.18%9.59%-8.18%12.22%11.62%
Forward PE
-----16.9215.0813.51
No. Analysts -----282512
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 68.7B 73.4B 80.5B
Avg 63.6B 66.8B 71.3B
Low 58.8B 61.5B 64.8B

Revenue Growth

Revenue Growth 2025202620272028
High
6.0%
15.5%
20.5%
Avg
-1.9%
5.2%
6.7%
Low
-9.3%
-3.2%
-3.1%

EPS Forecast

EPS 2025202620272028
High 22.27 26.62 30.17
Avg 20.25 22.72 25.36
Low 18.42 19.34 22.39

EPS Growth

EPS Growth 2025202620272028
High
1.0%
31.5%
32.8%
Avg
-8.2%
12.2%
11.6%
Low
-16.4%
-4.5%
-1.4%
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.