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

Analyst price target for CAT

Based on 12 analysts offering 12 month price targets for Caterpillar Inc.
Min Forecast
$158.00-17.43%
Avg Forecast
$231.33+20.9%
Max Forecast
$270.00+41.1%

Should I buy or sell CAT stock?

Based on 12 analysts offering ratings for Caterpillar Inc.
Buy
Strong Buy
5 analysts 41.67%
Buy
3 analysts 25%
Hold
2 analysts 16.67%
Sell
0 analysts 0%
Strong Sell
2 analysts 16.67%

CAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Tigress Financial
Top 16%
85
BuyReiterates$270.00+41.10%2021-08-06
Deutsche Bank
Top 20%
81
Strong BuyMaintains$241.00+25.95%2021-08-02
Anonymous
Morgan Stanley
Strong SellMaintains$172.00-10.11%2021-08-02
Credit Suisse
Bottom 1%
1
BuyMaintains$256.00+33.79%2021-08-02
UBS
Top 38%
63
HoldMaintains$252.00+31.70%2021-05-12
Stifel Nicolaus
Top 30%
71
Strong BuyMaintains$245.00+28.04%2021-05-03
BMO Capital
Top 42%
59
HoldMaintains$230.00+20.20%2021-04-30
Wolfe Research
Bottom 3%
3
BuyInitiates Coverage On$265.00+38.49%2021-04-13
JP Morgan
Top 46%
55
Strong BuyMaintains$237.00+23.86%2021-02-25
Morgan Stanley
Top 41%
60
Strong SellMaintains$158.00-17.43%2021-02-01

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Forecast return on equity

Is CAT forecast to generate an efficient return?
Company
52.18%
Industry
30.56%
Market
2,556.64%
CAT's Return on Equity is forecast to be high in 3 years (52.18%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is CAT forecast to generate an efficient return on assets?
Company
10.78%
Industry
11.04%
Market
1,250.14%
CAT is forecast to generate lower Return on Assets (10.78%) than the US Industrials industry average (11.04%)
Forecast

CAT earnings per share forecast

What is CAT's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$10.08+25.18%
Avg 2 year Forecast
$12.02+49.3%
Avg 3 year Forecast
$13.51+67.83%
CAT's earnings are forecast to grow at a rate of 19.21% per year, which is not exceptional
Forecast

CAT revenue forecast

What is CAT's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$50.8B+10.73%
Avg 2 year Forecast
$56.8B+23.81%
Avg 3 year Forecast
$61.7B+34.4%
CAT's revenue is forecast to grow at a rate of 10.53% per year, which is not exceptional
Forecast

CAT earnings growth forecast

How is CAT forecast to perform vs Industrials companies and vs the US market?
Company
19.21%
Industry
18.99%
Market
18.71%
CAT's earnings are forecast to grow faster (19.21% per year) than the US Industrials industry average (18.99%)
Forecast
CAT's earnings are forecast to grow faster (19.21% per year) than the US market average (18.71%)
Forecast
CAT's earnings are forecast to grow faster (19.21% per year) than the risk-free savings rate (1.3%)
Forecast

CAT revenue growth forecast

How is CAT forecast to perform vs Industrials companies and vs the US market?
Company
10.53%
Industry
11.66%
Market
12.32%
CAT's revenues are forecast to grow slower (10.53% per year) than the US Industrials industry average (11.66%)
Forecast
CAT's revenues are forecast to grow slower (10.53% per year) than the US market average (12.32%)
Forecast

Caterpillar Stock Forecast FAQ

Is Caterpillar Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: CAT) stock is to Buy CAT stock.

Out of 12 analysts, 5 (41.67%) are recommending CAT as a Strong Buy, 3 (25%) are recommending CAT as a Buy, 2 (16.67%) are recommending CAT as a Hold, 0 (0%) are recommending CAT as a Sell, and 2 (16.67%) are recommending CAT as a Strong Sell.

What is CAT's earnings growth forecast for 2021-2023?

(NYSE: CAT) Caterpillar's forecast annual earnings growth rate of 19.21% is forecast to beat the US Industrials industry's average forecast earnings growth rate of 18.99%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.71%.

Caterpillar's earnings in 2021 is $4,391,000,000.On average, 10 Wall Street analysts forecast CAT's earnings for 2021 to be $5,516,869,973, with the lowest CAT earnings forecast at $5,206,453,651, and the highest CAT earnings forecast at $5,775,823,977. On average, 10 Wall Street analysts forecast CAT's earnings for 2022 to be $6,580,059,562, with the lowest CAT earnings forecast at $6,076,933,284, and the highest CAT earnings forecast at $7,117,129,071.

In 2023, CAT is forecast to generate $7,396,339,519 in earnings, with the lowest earnings forecast at $6,514,910,457 and the highest earnings forecast at $8,102,577,712.

What is CAT's revenue growth forecast for 2021-2023?

(NYSE: CAT) Caterpillar's forecast annual revenue growth rate of 10.53% is not forecast to beat the US Industrials industry's average forecast revenue growth rate of 11.66%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.32%.

Caterpillar's revenue in 2021 is $45,892,000,000.On average, 7 Wall Street analysts forecast CAT's revenue for 2021 to be $27,821,385,848,505, with the lowest CAT revenue forecast at $26,698,535,556,474, and the highest CAT revenue forecast at $28,300,415,170,058. On average, 7 Wall Street analysts forecast CAT's revenue for 2022 to be $31,105,534,143,471, with the lowest CAT revenue forecast at $29,940,125,062,011, and the highest CAT revenue forecast at $32,591,414,407,684.

In 2023, CAT is forecast to generate $33,766,592,022,530 in revenue, with the lowest revenue forecast at $32,254,133,661,009 and the highest revenue forecast at $35,450,469,175,083.

What is CAT's forecast return on assets (ROA) for 2021-2024?

(NYSE: CAT) forecast ROA is 10.78%, which is lower than the forecast US Industrials industry average of 11.04%.

What is CAT's Price Target?

According to 12 Wall Street analysts that have issued a 1 year CAT price target, the average CAT price target is $231.33, with the highest CAT stock price forecast at $270.00 and the lowest CAT stock price forecast at $158.00.

On average, Wall Street analysts predict that Caterpillar's share price could stay at $231.33 by Aug 6, 2022. The average Caterpillar stock price prediction forecasts a potential downside of N/A from the current CAT share price of $191.35.

What is CAT's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: CAT) Caterpillar's current Earnings Per Share (EPS) is $8.05. On average, analysts forecast that CAT's EPS will be $10.08 for 2021, with the lowest EPS forecast at $9.51, and the highest EPS forecast at $10.55. On average, analysts forecast that CAT's EPS will be $12.02 for 2022, with the lowest EPS forecast at $11.10, and the highest EPS forecast at $13.00. In 2023, CAT's EPS is forecast to hit $13.51 (min: $11.90, max: $14.80).

What is CAT's forecast return on equity (ROE) for 2021-2024?

(NYSE: CAT) forecast ROE is 52.18%, which is considered strong.
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