Caterpillar Inc. (CAT)
NYSE: CAT · Real-Time Price · USD
997.47
-59.54 (-5.63%)
At close: Jun 26, 2026, 4:00 PM EDT
999.60
+2.13 (0.21%)
After-hours: Jun 26, 2026, 7:59 PM EDT

Caterpillar Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for Caterpillar stock have an average target of 963.39, with a low estimate of 670 and a high estimate of 1,165. The average target predicts a decrease of -3.42% from the current stock price of 997.47.

Analyst Consensus: Buy
Target Low Average Median High
Price $670 $963.39 $989 $1,165
Change -32.83% -3.42% -0.85% +16.80%

Analyst Ratings

The average analyst rating for Caterpillar stock from 28 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 Jan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 131414141414
Buy 111111
Hold 121212101111
Sell 000000
Strong Sell 222322
Total 282929282828

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
J.P. Morgan
J.P. Morgan
Buy
Maintains
$1,125$1,165
Buy Maintains $1,125$1,165 +16.80% Jun 23, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$1,050$1,155
Buy Reiterates $1,050$1,155 +15.79% Jun 23, 2026
Barclays
Barclays
Hold
Maintains
$800
Hold Maintains $800 -19.80% Jun 23, 2026
Bernstein
Bernstein
Hold
Maintains
$879
Hold Maintains $879 -11.88% Jun 18, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
$989
Buy Maintains $989 -0.85% Jun 12, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
76.20B
from 67.59B
Increased by 12.74%
Revenue Next Year
84.20B
from 76.20B
Increased by 10.50%
EPS This Year
24.60
from 19.06
Increased by 29.08%
EPS Next Year
30.11
from 24.60
Increased by 22.40%
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
50.97B59.43B67.06B64.81B67.59B76.20B84.20B
Revenue Growth
22.09%16.59%12.84%-3.36%4.29%12.74%10.50%
EPS
11.8312.6420.1222.0518.8124.1629.68
EPS Growth
116.67%6.85%59.18%9.59%-14.69%28.44%22.85%
Forward PE
-----41.2933.61
No. Analysts -----1818
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 78.3B 90.2B
Avg 76.2B 84.2B
Low 72.3B 78.4B

Revenue Growth

Revenue Growth 202620272028
High
15.9%
18.4%
Avg
12.7%
10.5%
Low
6.9%
2.9%

EPS Forecast

EPS 202620272028
High 27.05 35.43
Avg 24.60 30.11
Low 23.05 25.78

EPS Growth

EPS Growth 202620272028
High
41.9%
44.0%
Avg
29.1%
22.4%
Low
20.9%
4.8%
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.