Caterpillar Inc. (CAT) Stock Forecast
Data as of Oct 31, 2026Industrials · Current price $620.77 (-4.12%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Apr 9, 2026 | Chad Dillard | Bernstein | $769.00 | +23.9% |
| Mar 10, 2026 | Michael Feniger | Williams Trading | $825.00 | +32.9% |
| Feb 3, 2026 | Angel Castillo | Morgan Stanley | $425.00 | -31.5% |
| Feb 2, 2026 | Jamie Cook | Truist Financial | $786.00 | +26.6% |
| Feb 2, 2026 | Michael Shlisky | D.A. Davidson | $650.00 | +4.7% |
| Jan 30, 2026 | Sabahat Khan | RBC Capital | $658.00 | +6.0% |
| Nov 5, 2025 | Helen Fang | HSBC | $660.00 | +6.3% |
| Oct 30, 2025 | Angel Castillo | Morgan Stanley | $380.00 | -38.8% |
| Oct 30, 2025 | Adam Seiden | Barclays | $555.00 | -10.6% |
| Oct 20, 2025 | Adam Seiden | Barclays | $485.00 | -21.9% |
| Oct 14, 2025 | Chad Dillard | Bernstein | $502.00 | -19.1% |
| May 16, 2025 | Steven Fisher | UBS | $357.00 | -42.5% |
| May 1, 2025 | Kristen Owen | Oppenheimer | $395.00 | -36.4% |
| Apr 16, 2025 | Angel Castillo | Morgan Stanley | $283.00 | -54.4% |
| Jan 31, 2025 | Angel Castillo | Morgan Stanley | $300.00 | -51.7% |
| Jan 13, 2025 | David Raso | Evercore ISI | $365.00 | -41.2% |
| Dec 19, 2024 | Jamie Cook | Truist Financial | $471.00 | -24.1% |
| Oct 30, 2024 | Jamie Cook | Truist Financial | $454.00 | -26.9% |
| Oct 14, 2024 | Angel Castillo | Morgan Stanley | $332.00 | -46.5% |
| Aug 7, 2024 | Jamie Cook | Truist Financial | $399.00 | -35.7% |
Top Analysts Covering CAT
CAT vs Sector & Market
| Metric | CAT | Industrials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.38 | 2.40 | 2.41 |
| Analyst Count | 26 | 8 | 19 |
| Target Upside | +50.4% | +134.1% | +21.5% |
| P/E Ratio | 30.88 | 31.63 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $20.05B | $20.42B | $21.00B | 7 |
| 2027-03-31 | $17.43B | $17.76B | $18.26B | 4 |
| 2027-06-30 | $19.47B | $19.84B | $20.40B | 6 |
| 2027-09-30 | $20.37B | $20.75B | $21.34B | 4 |
| 2027-12-31 | $21.76B | $22.17B | $22.79B | 7 |
| 2028-12-31 | $87.11B | $87.87B | $88.64B | 10 |
| 2029-12-31 | $87.32B | $89.71B | $93.84B | 5 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $6.32 | $6.48 | $6.71 | 5 |
| 2027-03-31 | $5.64 | $5.78 | $5.99 | 5 |
| 2027-06-30 | $6.72 | $6.88 | $7.13 | 5 |
| 2027-09-30 | $7.15 | $7.33 | $7.60 | 5 |
| 2027-12-31 | $7.19 | $7.37 | $7.64 | 5 |
| 2028-12-31 | $27.93 | $33.02 | $38.53 | 7 |
| 2029-12-31 | $37.05 | $38.38 | $40.67 | 2 |
Frequently Asked Questions
What is the analyst consensus for CAT?
The consensus among 26 analysts covering Caterpillar Inc. (CAT) is Buy with an average price target of $985.58.
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?
26 analysts have issued ratings for Caterpillar Inc. in the past 12 months.
Is CAT a buy or sell right now?
Based on 26 analyst ratings, CAT has a consensus rating of Buy (2.38/5) with a +50.4% upside to the consensus target of $985.58.
What are the earnings estimates for CAT?
Analysts estimate CAT will report EPS of $6.48 for the period ending 2026-12-31, with revenue estimated at $20.42B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.