Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
351.52
-1.02 (-0.29%)
May 14, 2025, 9:33 AM - Market open

Caterpillar Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Caterpillar stock have an average target of 366, with a low estimate of 243 and a high estimate of 475. The average target predicts an increase of 4.12% from the current stock price of 351.52.

Analyst Consensus: Buy
Target Low Average Median High
Price $243 $366 $380 $475
Change -30.87% +4.12% +8.10% +35.13%

Analyst Ratings

The average analyst rating for Caterpillar stock from 13 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 Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 666654
Buy 111113
Hold 777775
Sell 322210
Strong Sell 110011
Total 181716161513

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Baird
Baird
Buy
Upgrades
$309$395
Buy Upgrades $309$395 +12.37% May 13, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$320$370
Strong Buy Maintains $320$370 +5.26% May 5, 2025
DA Davidson
DA Davidson
Hold
Maintains
$325$331
Hold Maintains $325$331 -5.84% May 5, 2025
Truist Securities
Truist Securities
Strong Buy
Reiterates
$389$396
Strong Buy Reiterates $389$396 +12.65% May 1, 2025
Oppenheimer
Oppenheimer
Buy
Upgrades
$395
Buy Upgrades $395 +12.37% May 1, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
63.64B
from 64.81B
Decreased by -1.81%
Revenue Next Year
66.79B
from 63.64B
Increased by 4.96%
EPS This Year
19.62
from 22.05
Decreased by -11.03%
EPS Next Year
21.79
from 19.62
Increased by 11.08%
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
41.75B50.97B59.43B67.06B64.81B63.64B66.79B70.63B
Revenue Growth
-22.40%22.09%16.59%12.84%-3.36%-1.81%4.96%5.74%
EPS
5.4611.8312.6420.1222.0519.6221.7924.55
EPS Growth
-49.16%116.67%6.85%59.18%9.59%-11.03%11.08%12.66%
Forward PE
-----17.9216.1314.32
No. Analysts
-----282815
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 68.0B 73.4B 80.5B
Avg 63.6B 66.8B 70.6B
Low 59.2B 60.7B 63.0B

Revenue Growth

Revenue Growth 2025202620272028
High
4.9%
15.4%
20.6%
Avg
-1.8%
5.0%
5.7%
Low
-8.6%
-4.5%
-5.7%

EPS Forecast

EPS 20252026202720282029
High 22.27 26.62 30.17
Avg 19.62 21.79 24.55
Low 16.17 15.93 16.66

EPS Growth

EPS Growth 20252026202720282029
High
1.0%
35.7%
38.4%
Avg
-11.0%
11.1%
12.7%
Low
-26.7%
-18.8%
-23.6%
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.