Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
412.15
-5.35 (-1.28%)
Aug 15, 2025, 10:43 AM - Market open
Caterpillar Stock Forecast
Stock Price Forecast
According to 13 professional analysts, the 12-month price target for Caterpillar stock ranges from a low of $350 to a high of $520. The average analyst price target of $445.77 forecasts a 8.16% increase in the stock price over the next year.
Price Target: $445.77 (+8.16%)
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 | 3 |
| Hold | 7 | 7 | 6 | 6 | 5 | 4 |
| 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 |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $283 → $350 | Hold → Sell | Downgrades | $283 → $350 | -15.08% | Aug 7, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $475 → $520 | Buy | Maintains | $475 → $520 | +26.17% | Aug 6, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $460 → $500 | Strong Buy | Maintains | $460 → $500 | +21.32% | Aug 6, 2025 |
| Barclays | Barclays | Hold Maintains $383 → $425 | Hold | Maintains | $383 → $425 | +3.12% | Aug 6, 2025 |
| Truist Securities | Truist Securities | Strong Buy Maintains $414 → $507 | Strong Buy | Maintains | $414 → $507 | +23.01% | Aug 6, 2025 |
Financial Forecast
Revenue This Year
63.53B
from 64.81B
Decreased by -1.98%
Revenue Next Year
66.90B
from 63.53B
Increased by 5.30%
EPS This Year
18.82
from 22.05
Decreased by -14.67%
EPS Next Year
21.17
from 18.82
Increased by 12.54%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 68.0B | 74.1B | 81.3B | ||
| Avg | 63.5B | 66.9B | 70.9B | ||
| Low | 59.3B | 61.7B | 64.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 4.9% | 16.6% | 21.6% | ||
| Avg | -2.0% | 5.3% | 6.0% | ||
| Low | -8.5% | -2.9% | -4.4% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 20.51 | 25.73 | 30.77 | ||
| Avg | 18.82 | 21.17 | 23.98 | ||
| Low | 16.61 | 17.93 | 20.40 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | -7.0% | 36.7% | 45.3% | ||
| Avg | -14.7% | 12.5% | 13.2% | ||
| Low | -24.7% | -4.7% | -3.6% |
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.