CATIndustrials · Farm & Heavy Construction MachineryThe 28 Wall Street analysts covering Caterpillar, Inc. hold a median 12-month price target of $975 — +26.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 75 of 100 as at 12 Oct 2026 — inside the top quartile. 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 (96): 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 +26.2% from it.
Of the 20 most recent actions, 16 moved their price target up and 3 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 5 Oct 2026 | Truist Securities | Maintains | Buy | $1,225 → $1,100 |
| 10 Sept 2026 | Freedom Broker | Upgrade | Buy | $980 |
| 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 |
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 13 Oct 2026, Caterpillar, Inc. returned +54.5% against +18.6% for the S&P 500, dividends included.
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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 22% of US stocks
Cheaper than 25% of US stocks
Cheaper than 5% of US stocks
Cheaper than 11% of US stocks
Higher than 73% of US stocks
Higher than 78% of US stocks
Higher than 44% 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 69% 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 $367.5B and an enterprise value of $406.7B.
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: 34.4×; forward P/E: 24.6× — 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. | $367.5B | 75 |
| DEDeere & Co. | $171.1B | 68 |
| PCARPACCAR, Inc. | $56.9B | 65 |
| GEGE Aerospace* | $320.2B | 89 |
| CNHCNH Industrial NV | $14.5B | 73 |
| GEVGE Vernova, Inc.* | $268.0B | 49 |
| RTXRTX Corp.* | $250.6B | 94 |
* 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 Motley Fool compares analyst interest in Deere and Caterpillar, describing Caterpillar as an AI story because of its power systems and Deere as looking toward increased farm equipment sales.
Why it matters — The comparison highlights Caterpillar’s power systems as the basis for its AI-related narrative.
Caterpillar shares fell from a June high of $1,070 to $759, their lowest level since April 16, representing a 30% decline from the year-to-date high. The headline also reports that Citi and Truist cut their price targets.
Why it matters — The decline and reported target cuts are developments CAT watchers may track when following the stock's recent performance.
Caterpillar shares fell 5% as Deere edged higher. The excerpt says pressure is building on the market premium for CAT’s data center power business, while the rest of the heavy machinery group is holding up better.
Why it matters — CAT watchers may note the reported strain on the premium tied to its data center power business relative to broader heavy machinery peers.
On Oct. 7, the FTC and USDA launched a joint public inquiry into the agricultural equipment industry, including potential anticompetitive conduct in equipment manufacturing and distribution.
Why it matters — The inquiry concerns the agricultural equipment industry, which may be relevant to CAT watchers tracking the sector.
Zacks Investment Research named Caterpillar among three dividend-paying stocks it says offer exposure to favorable AI tailwinds, alongside Broadcom and Vertiv.
Why it matters — The item links CAT with AI-related tailwinds while noting that it pays dividends.
The 28 Wall Street analysts covering Caterpillar, Inc. have a median 12-month price target of $975, with estimates ranging from $575 to $1,155. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 28 analysts covering Caterpillar, Inc., 15 rate it a Buy, 11 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks Caterpillar, Inc. 75 out of 100 across roughly 4,600 US stocks as at 12 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 12 Oct 2026, Caterpillar, Inc. ranks 75 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 (96 of 100).
No one can know that. What the data says: the median 12-month target from 28 analysts implies +26.2% from the last close, and Ticker Nerd's factor model ranks Caterpillar, Inc. 75 out of 100 as at 12 Oct 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 $1,155 over the next 12 months.
Caterpillar, Inc. returned +54.5% over the 12 months to 13 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Caterpillar Inc. is a global industrial company that designs, manufactures, and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, diesel-electric locomotives, and related parts and services.
The most recent item we track (The Motley Fool, 13 Oct 2026): "Which Industrials Stock Do Analysts Like Better: Deere or Caterpillar?". The Motley Fool compares analyst interest in Deere and Caterpillar, describing Caterpillar as an AI story because of its power systems and Deere as looking toward increased farm equipment sales.
Caterpillar Inc. is a global industrial company that designs, manufactures, and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, diesel-electric locomotives, and related parts and services. Its core business serves infrastructure, building construction, resource extraction, energy, transportation, agriculture, and forestry customers through major operating segments that include Construction Industries, Resource Industries, and Energy & Transportation. The company also supports customers with aftermarket parts, maintenance, digital solutions, equipment management tools, and financing services. Caterpillar’s broad product lineup includes excavators, loaders, dozers, graders, shovels, trucks, and specialized machinery used in demanding worksites around the world. Headquartered in Irving, Texas, Caterpillar Inc. is a leading name in industrial equipment and plays a significant role in supporting large-scale development, production, and logistics markets.
CEO Mr. Joseph E. Creed CPA · 118,000 employees · United States · https://www.caterpillar.com
