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Caterpillar Inc. (CAT) Stock Forecast

Data as of May 2, 2026

Industrials · Current price $892.11 (+0.22%)

Consensus Target
$697.07
Upside
-7.5%
Analysts
Rating

Price Target Range

Low $425.00Consensus $697.07High $825.00
▲ Current $892.11

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

No ratings in the last 3 months.
Strong Buy0
Buy0
Hold0
Sell0
Strong Sell0

6-Month Trend

No rating trend data.

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Apr 9, 2026Chad DillardBernstein$769.00-13.8%
Mar 10, 2026Michael FenigerWilliams Trading$825.00-7.5%
Feb 3, 2026Angel CastilloMorgan Stanley$425.00-52.4%
Feb 2, 2026Jamie CookTruist Financial$786.00-11.9%
Feb 2, 2026Michael ShliskyD.A. Davidson$650.00-27.1%
Jan 30, 2026Sabahat KhanRBC Capital$658.00-26.2%
Nov 5, 2025Helen FangHSBC$660.00-26.0%
Oct 30, 2025Angel CastilloMorgan Stanley$380.00-57.4%
Oct 30, 2025Adam SeidenBarclays$555.00-37.8%
Oct 20, 2025Adam SeidenBarclays$485.00-45.6%
Oct 14, 2025Chad DillardBernstein$502.00-43.7%
May 16, 2025Steven FisherUBS$357.00-60.0%
May 1, 2025Kristen OwenOppenheimer$395.00-55.7%
Apr 16, 2025Angel CastilloMorgan Stanley$283.00-68.3%
Jan 31, 2025Angel CastilloMorgan Stanley$300.00-66.4%
Jan 13, 2025David RasoEvercore ISI$365.00-59.1%
Dec 19, 2024Jamie CookTruist Financial$471.00-47.2%
Oct 30, 2024Jamie CookTruist Financial$454.00-49.1%
Oct 14, 2024Angel CastilloMorgan Stanley$332.00-62.8%
Aug 7, 2024Jamie CookTruist Financial$399.00-55.3%

CAT vs Sector & Market

MetricCATIndustrials AvgLarge Cap Avg
Analyst Rating2.412.41
Analyst Count818
Target Upside-7.5%+85.0%+14.9%
P/E Ratio44.3828.1331.19

Revenue Estimates

PeriodLowAvgHigh#
2026-06-30$18.01B$18.28B$18.78B8
2026-09-30$18.74B$19.09B$19.63B4
2026-12-31$20.05B$20.42B$21.00B7
2027-03-31$17.43B$17.76B$18.26B4
2027-06-30$19.47B$19.84B$20.40B6
2027-09-30$20.37B$20.75B$21.34B4
2027-12-31$21.76B$22.17B$22.79B7
2028-12-31$87.11B$87.87B$88.64B10
2029-12-31$87.32B$89.71B$93.84B5

EPS Estimates

PeriodLowAvgHigh#
2026-06-30$5.42$5.71$6.1513
2026-09-30$6.03$6.17$6.405
2026-12-31$6.32$6.48$6.715
2027-03-31$5.64$5.78$5.995
2027-06-30$6.72$6.88$7.135
2027-09-30$7.15$7.33$7.605
2027-12-31$7.19$7.37$7.645
2028-12-31$27.93$33.02$38.537
2029-12-31$37.05$38.38$40.672

Frequently Asked Questions

What is the analyst consensus for CAT?

The consensus among 0 analysts covering Caterpillar Inc. (CAT) is — with an average price target of $697.07.

What is the highest price target for CAT?

The highest price target for CAT is $825.00, set by Michael Feniger at Williams Trading on 2026-03-10.

What is the lowest price target for CAT?

The lowest price target for CAT is $164.00, set by Courtney Yakavonis at Morgan Stanley on 2021-12-09.

How many analysts cover CAT?

0 analysts have issued ratings for Caterpillar Inc. in the past 12 months.

Is CAT a buy or sell right now?

Based on 0 analyst ratings, CAT has a consensus rating of — with a -7.5% upside to the consensus target of $697.07.

What are the earnings estimates for CAT?

Analysts estimate CAT will report EPS of $5.71 for the period ending 2026-06-30, with revenue estimated at $18.28B.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.