NYSE: CAT
Caterpillar Inc Stock Forecast, Predictions & Price Target

Analyst price target for CAT

Based on 16 analysts offering 12 month price targets for Caterpillar Inc

Min Forecast
$400.00-39.15%
Avg Forecast
$646.75-1.61%
Max Forecast
$785.00+19.42%

Should I buy or sell CAT stock?

Based on 16 analysts offering ratings for Caterpillar Inc.

Buy
Strong Buy
7 analysts 43.75%
Buy
3 analysts 18.75%
Hold
5 analysts 31.25%
Sell
0 analysts 0%
Strong Sell
1 analysts 6.25%
Although CAT's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates CAT as a "Hold". Stocks with a Zen Rating of Hold have had an average return of +7.53% per year. Learn More

Be the first to know when Wall Street analysts revise their CAT stock forecasts and price targets.

CAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2026-01-30
lockedlocked$00.00+00.00%2026-01-30
lockedlocked$00.00+00.00%2026-01-30
lockedlocked$00.00+00.00%2026-01-30
lockedlocked$00.00+00.00%2026-01-30
Wells Fargo
Top 7%
94
Strong BuyMaintains$756.00+15.01%2026-01-30
Bank of America
Top 20%
81
Strong BuyMaintains$735.00+11.81%2026-01-30
Morgan Stanley
Bottom 9%
9
Strong SellMaintains$400.00-39.15%2026-01-23
Citigroup
Top 5%
96
Strong BuyMaintains$710.00+8.01%2026-01-13
Bernstein
Top 19%
82
HoldMaintains$630.00-4.16%2025-12-19

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Forecast return on equity

Is CAT forecast to generate an efficient return?

Company
98.61%
Industry
72%
Market
211.34%
CAT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CAT forecast to generate an efficient return on assets?

Company
21.74%
Industry
17.03%
CAT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CAT earnings per share forecast

What is CAT's earnings per share in the next 3 years based on estimates from 31 analysts?

Avg 1 year Forecast
$22.56+15.32%
Avg 2 year Forecast
$26.79+36.97%
Avg 3 year Forecast
$33.72+72.41%
CAT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CAT revenue forecast

What is CAT's revenue in the next 3 years based on estimates from 29 analysts?

Avg 1 year Forecast
$72.3B+11.81%
Avg 2 year Forecast
$78.0B+20.57%
Avg 3 year Forecast
$78.9B+22.05%
CAT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CAT earnings growth forecast

How is CAT forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?

Company
17.9%
Industry
19.01%
Market
39.88%
CAT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CAT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CAT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CAT revenue growth forecast

How is CAT forecast to perform vs Farm & Heavy Construction Machinery companies and vs the US market?

Company
7.99%
Industry
5.73%
Market
23.08%
CAT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CAT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CAT vs Agriculture Stocks

TickerPricePrice TargetUp/downsideConsensus
CAT$657.36$646.75-1.61%Buy
DE$528.00$523.11-0.93%Buy
PCAR$122.91$118.50-3.59%Hold
CNH$10.76$12.19+13.27%Strong Buy
OSK$143.82$162.67+13.10%Strong Buy

Caterpillar Stock Forecast FAQ

Is Caterpillar Stock a good buy in 2026, according to Wall Street analysts?

The consensus among 16 Wall Street analysts covering (NYSE: CAT) stock is to Buy CAT stock.

Out of 16 analysts, 7 (43.75%) are recommending CAT as a Strong Buy, 3 (18.75%) are recommending CAT as a Buy, 5 (31.25%) are recommending CAT as a Hold, 0 (0%) are recommending CAT as a Sell, and 1 (6.25%) are recommending CAT as a Strong Sell.

If you're new to stock investing, here's how to buy Caterpillar stock.

What is CAT's earnings growth forecast for 2026-2028?

(NYSE: CAT) Caterpillar's forecast annual earnings growth rate of 17.9% is not forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast earnings growth rate of 19.01%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 39.88%.

Caterpillar's earnings in 2026 is $9,273,000,000.On average, 31 Wall Street analysts forecast CAT's earnings for 2026 to be $10,555,981,757, with the lowest CAT earnings forecast at $9,048,572,680, and the highest CAT earnings forecast at $12,481,015,825. On average, 23 Wall Street analysts forecast CAT's earnings for 2027 to be $12,537,828,548, with the lowest CAT earnings forecast at $10,539,087,694, and the highest CAT earnings forecast at $15,635,666,282.

In 2028, CAT is forecast to generate $15,782,097,098 in earnings, with the lowest earnings forecast at $12,497,395,111 and the highest earnings forecast at $19,424,195,101.

What is CAT's revenue growth forecast for 2026-2028?

(NYSE: CAT) Caterpillar's forecast annual revenue growth rate of 7.99% is forecast to beat the US Farm & Heavy Construction Machinery industry's average forecast revenue growth rate of 5.73%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 23.08%.

Caterpillar's revenue in 2026 is $64,671,000,000.On average, 29 Wall Street analysts forecast CAT's revenue for 2026 to be $33,838,200,647,972, with the lowest CAT revenue forecast at $31,953,178,835,284, and the highest CAT revenue forecast at $37,548,342,885,060. On average, 22 Wall Street analysts forecast CAT's revenue for 2027 to be $36,488,837,079,716, with the lowest CAT revenue forecast at $33,803,102,178,272, and the highest CAT revenue forecast at $41,200,923,631,840.

In 2028, CAT is forecast to generate $36,937,161,532,684 in revenue, with the lowest revenue forecast at $34,720,810,166,028 and the highest revenue forecast at $39,715,088,414,540.

What is CAT's forecast return on assets (ROA) for 2026-2029?

(NYSE: CAT) forecast ROA is 21.74%, which is higher than the forecast US Farm & Heavy Construction Machinery industry average of 17.03%.

What is CAT's Price Target?

According to 16 Wall Street analysts that have issued a 1 year CAT price target, the average CAT price target is $646.75, with the highest CAT stock price forecast at $785.00 and the lowest CAT stock price forecast at $400.00.

On average, Wall Street analysts predict that Caterpillar's share price could fall to $646.75 by Jan 30, 2027. The average Caterpillar stock price prediction forecasts a potential downside of 1.61% from the current CAT share price of $657.36.

What is CAT's Earnings Per Share (EPS) forecast for 2026-2028?

(NYSE: CAT) Caterpillar's current Earnings Per Share (EPS) is $19.56. On average, analysts forecast that CAT's EPS will be $22.56 for 2026, with the lowest EPS forecast at $19.34, and the highest EPS forecast at $26.67. On average, analysts forecast that CAT's EPS will be $26.79 for 2027, with the lowest EPS forecast at $22.52, and the highest EPS forecast at $33.41. In 2028, CAT's EPS is forecast to hit $33.72 (min: $26.71, max: $41.51).

What is CAT's forecast return on equity (ROE) for 2026-2029?

(NYSE: CAT) forecast ROE is 98.61%, which is considered strong.
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