Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
926.93
+22.34 (2.47%)
At close: May 6, 2026, 4:00 PM EDT
928.20
+1.27 (0.14%)
After-hours: May 6, 2026, 7:59 PM EDT
Caterpillar Stock Forecast
Stock Price Forecast
The 20 analysts that cover Caterpillar stock have a consensus rating of "Buy" and an average price target of $795.45, which forecasts a -14.18% decrease in the stock price over the next year. The lowest target is $500 and the highest is $1,125.
Price Target: $795.45 (-14.18%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 7 |
| Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Hold | 6 | 6 | 6 | 6 | 6 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 19 | 19 | 19 | 19 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Maintains $820 → $990 | Strong Buy | Maintains | $820 → $990 | +6.80% | May 5, 2026 |
| Citigroup | Citigroup | Strong Buy Maintains $905 → $1,020 | Strong Buy | Maintains | $905 → $1,020 | +10.04% | May 4, 2026 |
| DA Davidson | DA Davidson | Hold Maintains $650 → $845 | Hold | Maintains | $650 → $845 | -8.84% | May 4, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $860 → $1,125 | Buy | Maintains | $860 → $1,125 | +21.37% | May 1, 2026 |
| Barclays | Barclays | Hold Maintains $700 → $800 | Hold | Maintains | $700 → $800 | -13.69% | May 1, 2026 |
Financial Forecast
Revenue This Year
75.63B
from 67.59B
Increased by 11.90%
Revenue Next Year
82.43B
from 75.63B
Increased by 9.00%
EPS This Year
24.00
from 18.81
Increased by 27.59%
EPS Next Year
29.20
from 24.00
Increased by 21.66%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2033 |
|---|---|---|---|---|---|---|
| High | 82.7B | 94.7B | ||||
| Avg | 75.6B | 82.4B | ||||
| Low | 70.5B | 74.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2033 |
|---|---|---|---|---|---|---|
| High | 22.3% | 25.2% | ||||
| Avg | 11.9% | 9.0% | ||||
| Low | 4.3% | -1.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 28.40 | 36.75 | |||
| Avg | 24.00 | 29.20 | |||
| Low | 21.64 | 24.24 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 51.0% | 53.1% | |||
| Avg | 27.6% | 21.7% | |||
| Low | 15.0% | 1.0% |
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 sources.