CAT

Analyst Sentiment

Analysts are neutral — opinion is divided on direction.

Consensus Rating
Hold
23 analysts·High coverage
57%
Rating Distribution
Strong Buy
00%
Buy
1357%
Hold
730%
Sell
313%
Strong Sell
00%

Analyst ratings reflect Wall Street opinion, not guarantees. Historical accuracy varies by firm and sector.

Price Target Expectations

Current price is 11% above analyst consensus — modest downside expected.

Bear Case
$430.00
-46%
Consensus
$709.33
-11%
Bull Case
$825.00
+4%
Price Range23 analysts
Low
Consensus
High
$430.00
$825.00
Current Target
Current Price
$794.65
Above Target
$85.32

Price targets are 12-month forecasts. Actual results depend on earnings, market conditions, and sector trends.

Earnings & Revenue Estimates

Forward Growth Estimates (YoY)
FY2027
Rev+9.01%
EPS+20.97%
FY2028
Rev+8.53%
EPS+17.94%
FY2029
Rev+2.58%
EPS+16.94%

Earnings Surprises

Recent Analyst Actions

Apr 15, 2026Morgan Stanley
Caterpillar price target raised to $430 from $425 at Morgan Stanley
Target:$430.00
-44.7%from $777.20
Apr 9, 2026Bernstein
Caterpillar price target raised to $769 from $678 at Bernstein
Target:$769.00
-2.3%from $787.07
Mar 10, 2026Williams Trading
BofA Securities Reiterates Buy Rating on Caterpillar (CAT): "turbine unit is underappreciated"
Target:$825.00
+15.1%from $716.87
Mar 9, 2026Industrial Alliance Securities
Caterpillar price target raised to $785 from $760 at Citi
Target:$785.00
+11.4%from $704.82
Feb 3, 2026Morgan Stanley
Caterpillar price target raised to $425 from $400 at Morgan Stanley
Target:$425.00
-39.1%from $698.20
Feb 2, 2026Truist Financial
Caterpillar price target raised to $786 from $729 at Truist
Target:$786.00
+15.4%from $681.29
Feb 2, 2026UBS
Caterpillar price target raised to $677 from $581 at UBS
Target:$677.00
-0.5%from $680.54
Feb 2, 2026D.A. Davidson
Caterpillar price target raised to $650 from $569 at DA Davidson
Target:$650.00
-2.7%from $668.04
Jan 30, 2026Oppenheimer
Caterpillar price target raised to $729 from $700 at Oppenheimer
Target:$729.00
+9.6%from $665.24
Jan 30, 2026Robert W. Baird
Caterpillar price target raised to $805 from $680 at Baird
Target:$805.00
+21.0%from $665.24
Jan 30, 2026Bernstein
Caterpillar price target raised to $678 from $630 at Bernstein
Target:$678.00
+1.9%from $665.24
Jan 30, 2026Wells Fargo
Caterpillar price target raised to $756 from $702 at Wells Fargo
Target:$756.00
+13.6%from $665.24
Jan 30, 2026William Blair
Caterpillar (CAT) PT Raised to $735 at BofA Securities
Target:$735.00
+10.5%from $665.24
Jan 30, 2026Barclays
Caterpillar price target raised to $625 from $610 at Barclays
Target:$625.00
-6.0%from $665.24
Jan 30, 2026RBC Capital
Caterpillar (CAT) PT Raised to $658 at RBC Capital
Target:$658.00
-1.1%from $665.24
Jan 27, 2026Jefferies
Caterpillar price target raised to $750 from $700 at Jefferies
Target:$750.00
+16.7%from $642.77
Jan 23, 2026Barclays
Caterpillar price target raised to $610 from $555 at Barclays
Target:$610.00
-3.9%from $635.03
Jan 23, 2026Wells Fargo
Caterpillar price target raised to $702 from $675 at Wells Fargo
Target:$702.00
+8.3%from $648.41
Jan 20, 2026Oppenheimer
Caterpillar price target raised to $700 from $645 at Oppenheimer
Target:$700.00
+9.6%from $638.49
Dec 19, 2025Bernstein
Caterpillar price target raised to $630 from $557 at Bernstein
Target:$630.00
+11.3%from $565.83
Dec 10, 2025Morgan Stanley
Caterpillar price target raised to $395 from $380 at Morgan Stanley
Target:$395.00
-33.6%from $594.50
Nov 13, 2025Wells Fargo
Caterpillar initiated with an Overweight at Wells Fargo
Target:$675.00
+21.9%from $553.55
Nov 5, 2025HSBC
Caterpillar upgraded to Buy from Hold at HSBC
Target:$660.00
+16.0%from $569.15
Nov 4, 2025UBS
Caterpillar price target raised to $581 from $506 at UBS
Target:$581.00
+1.8%from $570.59
Nov 3, 2025D.A. Davidson
Caterpillar price target raised to $569 from $408 at DA Davidson
Target:$569.00
-0.1%from $569.67