Caterpillar Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Caterpillar stock have an average target of 714.42, with a low estimate of 430 and a high estimate of 960. The average target predicts a decrease of -12.67% from the current stock price of 818.09.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$430	$714.42	$700	$960
Change	-47.44%	-12.67%	-14.43%	+17.35%

Analyst Ratings

The average analyst rating for Caterpillar stock from 19 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	6	5	6	6	6	6
Buy	5	5	6	6	6	6
Hold	6	6	6	6	6	6
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	18	17	19	19	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jerry Revich Wells Fargo	Wells Fargo	Buy Maintains $870 → $960	Buy	Maintains	$870 → $960	+17.35%	Apr 21, 2026
Jamie Cook Truist Securities	Truist Securities	Strong Buy Maintains $786 → $920	Strong Buy	Maintains	$786 → $920	+12.46%	Apr 20, 2026
Angel Castillo Morgan Stanley	Morgan Stanley	Sell Maintains $425 → $430	Sell	Maintains	$425 → $430	-47.44%	Apr 15, 2026
Kyle Menges Citigroup	Citigroup	Strong Buy Maintains $785 → $905	Strong Buy	Maintains	$785 → $905	+10.62%	Apr 13, 2026
Adam Seiden Barclays	Barclays	Hold Maintains $625 → $700	Hold	Maintains	$625 → $700	-14.43%	Apr 1, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

74.63B

from 67.59B

10.42%

from 67.59B

Revenue Next Year

81.08B

from 74.63B

8.64%

from 74.63B

EPS This Year

23.08

from 18.81

22.70%

from 18.81

EPS Next Year

28.01

from 23.08

21.36%

from 23.08

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	50.97B	59.43B	67.06B	64.81B	67.59B	74.63B	81.08B
Revenue Growth	22.09%	16.59%	12.84%	-3.36%	4.29%	10.42%	8.64%
EPS	11.83	12.64	20.12	22.05	18.81	23.08	28.01
EPS Growth	116.67%	6.85%	59.18%	9.59%	-14.69%	22.70%	21.36%
Forward PE	-	-	-	-	-	35.45	29.21
No. Analysts	-	-	-	-	-	32	31

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	80.2B	89.8B
Avg	74.6B	81.1B
Low	70.5B	74.8B

Revenue Growth

Revenue Growth	2026	2027
High	18.7%	20.3%
Avg	10.4%	8.6%
Low	4.3%	0.2%

EPS Forecast

EPS	2026	2027
High	26.62	33.86
Avg	23.08	28.01
Low	20.83	23.93

EPS Growth

EPS Growth	2026	2027
High	41.5%	46.7%
Avg	22.7%	21.4%
Low	10.7%	3.7%

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.