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Caterpillar (CAT) Stock Forecast & Price Target

Caterpillar logo
$428.85 -9.17 (-2.09%)
Closing price 08/1/2025 03:59 PM Eastern
Extended Trading
$428.72 -0.13 (-0.03%)
As of 08/1/2025 07:50 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Caterpillar - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
6
Buy
12

Based on 18 Wall Street analysts who have issued ratings for Caterpillar in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 6 have given a hold rating, 10 have given a buy rating, and 2 have given a strong buy rating for CAT.

Consensus Price Target

$419.33
-2.22% Downside
According to the 18 analysts' twelve-month price targets for Caterpillar, the average price target is $419.33. The highest price target for CAT is $500.00, while the lowest price target for CAT is $283.00. The average price target represents a forecasted downside of -2.22% from the current price of $428.85.
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CAT Analyst Ratings Over Time

TypeCurrent Forecast
8/2/24 to 8/2/25
1 Month Ago
7/3/24 to 7/3/25
3 Months Ago
5/4/24 to 5/4/25
1 Year Ago
8/3/23 to 8/2/24
Strong Buy
2 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
7 Hold rating(s)
9 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$419.33$380.83$366.00$329.63
Forecasted Upside-2.22% Downside-4.63% Downside13.05% Upside2.73% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

CAT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CAT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Caterpillar Stock vs. The Competition

TypeCaterpillarIndustrials CompaniesS&P 500
Consensus Rating Score
2.78
2.67
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-2.22% Downside119.19% Upside14.55% Upside
News Sentiment Rating
Positive News

See Recent CAT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/22/2025DA Davidson
2 of 5 stars
Michael Shlisky
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Boost TargetNeutral ➝ Neutral$331.00 ➝ $388.00-6.38%
7/21/2025Barclays
3 of 5 stars
Adam Seiden
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Boost TargetEqual Weight ➝ Equal Weight$335.00 ➝ $383.00-8.09%
7/17/2025Oppenheimer
2 of 5 stars
Kristen Owen
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Boost TargetOutperform ➝ Outperform$395.00 ➝ $483.00+16.98%
7/14/2025Sanford C. Bernstein
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 Reiterated RatingMarket Perform ➝ Market Perform
7/10/2025JPMorgan Chase & Co.
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Tami Zakaria
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Boost TargetOverweight ➝ Overweight$395.00 ➝ $475.00+16.19%
7/9/2025Melius Research
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Rob Wertheimer
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UpgradeHold ➝ Strong-Buy$500.00+24.78%
6/24/2025Citigroup
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Kyle Menges
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Reiterated RatingBuy ➝ Buy$370.00 ➝ $420.00+12.77%
6/23/2025Truist Financial
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Jamie Cook
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Boost TargetBuy ➝ Buy$396.00 ➝ $414.00+14.63%
6/20/2025Robert W. Baird
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Mircea Dobre
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Boost TargetOutperform ➝ Outperform$395.00 ➝ $422.00+16.11%
5/30/2025Bank of America
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 Boost TargetBuy$335.00 ➝ $385.00+9.46%
5/19/2025Evercore ISI
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D. Raso
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Lower TargetIn-Line ➝ In-Line$375.00 ➝ $373.00+5.49%
5/16/2025UBS Group
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S. Fisher
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UpgradeSell ➝ Neutral$272.00 ➝ $357.00+2.14%
5/13/2025Baird R W
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M. Dobre
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UpgradeHold ➝ Strong-Buy
4/16/2025Morgan Stanley
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Angel Castillo
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UpgradeUnderweight ➝ Equal Weight$300.00 ➝ $283.00-3.54%
2/3/2025Raymond James Financial
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 UpgradeMarket Perform ➝ Outperform
2/3/2025Wedbush
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 UpgradeOutperform
12/6/2024Jefferies Financial Group
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 Boost TargetBuy ➝ Buy$455.00 ➝ $475.00+20.26%
4/30/2024HSBC
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 Boost TargetHold ➝ Hold$330.00 ➝ $360.00+6.90%
4/26/2024TD Cowen
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 Boost TargetBuy ➝ Buy$338.00 ➝ $340.00+0.52%
4/26/2024Stifel Nicolaus
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 DowngradeBuy ➝ Hold$293.00 ➝ $350.00+3.48%
4/16/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$357.00 ➝ $408.00+13.10%
2/6/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$290.00 ➝ $325.00+1.36%
11/8/2023Tigress Financial
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 Boost TargetBuy ➝ Buy$282.00 ➝ $295.00+24.88%
8/2/2023Credit Suisse Group
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 Boost TargetOutperform ➝ Outperform$279.00 ➝ $334.00+15.76%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:21 AM ET.


Should I Buy Caterpillar Stock? CAT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, August 1, 2025. Please send any questions or comments about these Caterpillar pros and cons to contact@marketbeat.com.

Caterpillar
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Caterpillar Inc.:

  • The current stock price is around $428.85, reflecting strong market interest and potential for growth.
  • Analysts have a consensus price target of approximately $419.33, indicating that there is room for appreciation in the stock price based on expert evaluations.
  • Caterpillar Inc. has recently increased its quarterly dividend to $1.51, showcasing a commitment to returning value to shareholders, which can be attractive for income-focused investors.
  • The company has a solid market capitalization of about $202 billion, suggesting stability and a strong position in the industry.
  • With a return on equity of 53.77%, Caterpillar Inc. demonstrates effective management and profitability, which can be appealing to investors looking for efficient use of equity capital.

Caterpillar
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Caterpillar Inc. for these reasons:

  • The company reported a decline in quarterly revenue of 9.8% compared to the same period last year, which may raise concerns about its growth trajectory.
  • Despite a strong return on equity, the net margin of 15.71% indicates that there may be challenges in maintaining profitability under current market conditions.
  • The stock has experienced volatility, with a beta of 1.38, suggesting that it may be more sensitive to market fluctuations, which could pose risks for investors.
  • Insider ownership is relatively low at 0.33%, which may indicate a lack of confidence from those closest to the company.
  • Analysts have mixed ratings, with seven holding a "hold" rating, which may suggest uncertainty about the stock's future performance.

CAT Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Caterpillar is $419.33, with a high forecast of $500.00 and a low forecast of $283.00.

18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Caterpillar in the last year. There are currently 6 hold ratings, 10 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CAT shares.

According to analysts, Caterpillar's stock has a predicted downside of -2.22% based on their 12-month stock forecasts.

Over the previous 90 days, Caterpillar's stock had 5 upgrades by analysts.

Analysts like Caterpillar more than other "industrials" companies. The consensus rating score for Caterpillar is 2.78 while the average consensus rating score for "industrials" companies is 2.67. Learn more on how CAT compares to other companies.


This page (NYSE:CAT) was last updated on 8/2/2025 by MarketBeat.com Staff
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