Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
665.24
+21.96 (3.41%)
At close: Jan 29, 2026, 4:00 PM EST
664.50
-0.74 (-0.11%)
After-hours: Jan 29, 2026, 7:59 PM EST
Caterpillar Stock Forecast
Stock Price Forecast
The 17 analysts that cover Caterpillar stock have a consensus rating of "Buy" and an average price target of $618.06, which forecasts a -7.09% decrease in the stock price over the next year. The lowest target is $400 and the highest is $750.
Price Target: $618.06 (-7.09%)
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 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 | Jan '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 5 | 6 |
| Buy | 4 | 4 | 4 | 5 | 5 | 5 |
| Hold | 3 | 3 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 15 | 17 | 16 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $700 → $750 | Strong Buy | Maintains | $700 → $750 | +12.74% | Jan 27, 2026 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $395 → $400 | Sell | Maintains | $395 → $400 | -39.87% | Jan 23, 2026 |
| Barclays | Barclays | Hold Maintains $555 → $610 | Hold | Maintains | $555 → $610 | -8.30% | Jan 23, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $675 → $702 | Buy | Maintains | $675 → $702 | +5.53% | Jan 23, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains $645 → $700 | Buy | Maintains | $645 → $700 | +5.23% | Jan 20, 2026 |
Financial Forecast
Revenue This Year
72.31B
from 67.59B
Increased by 6.98%
Revenue Next Year
77.97B
from 72.31B
Increased by 7.83%
EPS This Year
22.56
from 18.81
Increased by 19.92%
EPS Next Year
26.79
from 22.56
Increased by 18.77%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 80.2B | 88.0B | |||
| Avg | 72.3B | 78.0B | |||
| Low | 68.3B | 72.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 18.7% | 21.8% | |||
| Avg | 7.0% | 7.8% | |||
| Low | 1.0% | -0.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 26.67 | 33.41 | ||
| Avg | 22.56 | 26.79 | ||
| Low | 19.34 | 22.52 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 41.8% | 48.1% | ||
| Avg | 19.9% | 18.8% | ||
| Low | 2.8% | -0.2% |
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.