CATIndustrials · Farm & Heavy Construction MachineryThe 28 Wall Street analysts covering Caterpillar, Inc. hold a median 12-month price target of $981 — +25.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 71 of 100 as at 31 Aug 2026 — in the upper half. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Caterpillar, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (95): Analysts have, on balance, been raising their forecasts.
Accruals (35): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
Size (1): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on CAT, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +25.8% from it.
Of the 20 most recent actions, 18 moved their price target up and 2 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 11 Aug 2026 | Evercore ISI Group | Maintains | Outperform | $1,103 → $1,045 |
| 6 Aug 2026 | Barclays | Maintains | Equal-Weight | $800 → $900 |
| 6 Aug 2026 | DA Davidson | Maintains | Neutral | $845 → $882 |
| 5 Aug 2026 | RBC Capital | Maintains | Sector Perform | $877 → $897 |
| 5 Aug 2026 | Truist Securities | Maintains | Buy | $1,218 → $1,225 |
| 5 Aug 2026 | UBS | Maintains | Neutral | $900 → $925 |
| 29 July 2026 | Baird | Downgrade | Neutral | $1,200 → $900 |
| 14 July 2026 | Citigroup | Maintains | Buy | $1,020 → $1,100 |
| 13 July 2026 | Oppenheimer | Maintains | Outperform | $980 → $1,105 |
| 2 July 2026 | Truist Securities | Maintains | Buy | $1,043 → $1,218 |
| 23 June 2026 | Wells Fargo | Maintains | Overweight | $1,050 → $1,155 |
| 5 May 2026 | Argus Research | Maintains | Buy | $820 → $990 |
| 4 May 2026 | Citigroup | Maintains | Buy | $905 → $1,020 |
| 4 May 2026 | DA Davidson | Maintains | Neutral | $650 → $845 |
| 1 May 2026 | Barclays | Maintains | Equal-Weight | $700 → $800 |
| 1 May 2026 | JP Morgan | Maintains | Overweight | $860 → $1,125 |
| 1 May 2026 | Morgan Stanley | Upgrade | Equal-Weight | $430 → $915 |
| 1 May 2026 | Wells Fargo | Maintains | Overweight | $960 → $1,050 |
| 21 Apr 2026 | Wells Fargo | Maintains | Overweight | $870 → $960 |
| 20 Apr 2026 | Truist Securities | Maintains | Buy | $786 → $920 |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CAT appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 1 Sept 2026, Caterpillar, Inc. returned +87.6% against +19.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 23% of US stocks
Cheaper than 26% of US stocks
Cheaper than 5% of US stocks
Cheaper than 11% of US stocks
Higher than 74% of US stocks
Higher than 79% of US stocks
Higher than 45% of US stocks
Higher than 81% of US stocks
Higher than 77% of US stocks
Higher than 94% of US stocks
Higher than 91% of US stocks
Higher than 18% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Caterpillar, Inc. has a market value of $366.6B and an enterprise value of $405.8B.
Revenue in the twelve months to 30 June 2026: $74.7B. The latest quarter grew 24.0% year on year.
Net income over the same four quarters: $10.8B, a 14.5% net margin.
Diluted earnings per share, trailing twelve months: $23.24.
Free cash flow in the twelve months to 30 June 2026: $9.0B, after $4.6B of capital spending.
Caterpillar, Inc. spent $7.3B on share buybacks and $2.8B on dividends in the twelve months to 30 June 2026.
Trailing P/E: 34.5×; forward P/E: 24.7× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.82%, paying out 26% of earnings.
Caterpillar, Inc. employs 118,000 people — $633K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| CATCaterpillar, Inc. | $366.6B | 71 |
| DEDeere & Co. | $177.1B | 67 |
| PCARPACCAR, Inc. | $65.3B | 69 |
| GEGE Aerospace* | $348.3B | 91 |
| CNHCNH Industrial NV | $14.7B | 67 |
| RTXRTX Corp.* | $278.8B | 96 |
| GEVGE Vernova, Inc.* | $241.6B | 47 |
* Nearest Industrials names by size — few farm & heavy construction machinery companies of this scale trade in the US universe.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Caterpillar, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
The item discusses why the team is watching the current Caterpillar stock pullback. This commentary was provided to subscribers of The Contrarian Edge on Saturday, August 30.
Why it matters — The pullback is being monitored closely by analysts, which may signal developing market conditions that CAT watchers should track.
Zacks Investment Research examines whether Caterpillar (CAT) is a buy given Wall Street analysts' optimistic recommendations. The article discusses how brokerage-firm analyst rating changes can influence stock prices and questions whether these recommendations actually matter to investors.
Why it matters — CAT watchers would care because analyst sentiment and rating changes can influence the stock's price, and this piece evaluates how much weight those sell-side recommendations should carry.
Zacks Investment Research highlights Caterpillar, along with HLIO, CR, and PRLB, as manufacturers positioned to benefit from a rebound in manufacturing, noting that durable goods orders rose 1.1% in July.
Why it matters — A rebound in durable goods orders is a demand signal relevant to Caterpillar's heavy machinery and equipment sales.
The Motley Fool discusses how Caterpillar and Chevron are both positioning to benefit from surging electricity demand tied to the AI boom. The article notes Caterpillar could be a near-term winner in this space, while Chevron's approach may have longer-term potential, and compares the two as 30+ year dividend growers.
Why it matters — The article highlights Caterpillar as a potential near-term beneficiary of growing AI-driven electricity demand, which could be relevant to investors tracking the company's growth opportunities.
Caterpillar is applying lessons learned from decades of automating mining operations to its deployment of artificial intelligence. The company is leveraging its experience integrating new technology into physical-world operations to address the common challenge of incorporating AI into everyday business processes.
Why it matters — Caterpillar's operational experience in automating physical work could give it a practical edge in successfully integrating AI into its industrial businesses.
The 28 Wall Street analysts covering Caterpillar, Inc. have a median 12-month price target of $981, with estimates ranging from $575 to $1,225. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 28 analysts covering Caterpillar, Inc., 14 rate it a Buy, 12 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks Caterpillar, Inc. 71 out of 100 across roughly 4,600 US stocks as at 31 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 31 Aug 2026, Caterpillar, Inc. ranks 71 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (95 of 100).
No one can know that. What the data says: the median 12-month target from 28 analysts implies +25.8% from the last close, and Ticker Nerd's factor model ranks Caterpillar, Inc. 71 out of 100 as at 31 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Caterpillar, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CAT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $575 to $1,225 over the next 12 months.
Caterpillar, Inc. returned +87.6% over the 12 months to 1 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.
Caterpillar Inc. is a global industrial machinery company that manufactures construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives.
The most recent item we track (Schaeffers Research, 1 Sept 2026): "Why We're Watching the Caterpillar Stock Pullback". The item discusses why the team is watching the current Caterpillar stock pullback. This commentary was provided to subscribers of The Contrarian Edge on Saturday, August 30.
Caterpillar Inc. is a global industrial machinery company that manufactures construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Its product lineup supports infrastructure, resource extraction, power generation, rail transport, and heavy industrial operations across markets worldwide. Caterpillar also provides parts, service support, and financing through its dealer network and financial services segment, helping customers maintain and operate large fleets of equipment. The company serves contractors, miners, utilities, energy producers, rail operators, and other industrial customers that rely on durable, high-performance machines and power systems. Headquartered in Irving, Texas, Caterpillar plays a central role in the industrial economy by supplying equipment and services used in construction, energy, and transportation applications.
CEO Mr. Joseph E. Creed CPA · 118,000 employees · United States · https://www.caterpillar.com
