CATIndustrials · Farm & Heavy Construction MachineryThe 29 Wall Street analysts covering Caterpillar, Inc. hold a median 12-month price target of $828 — +34.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 61 of 100 as at 2 Nov 2026 — in the upper half.
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
Growth (88): Sales and profits are climbing, and climbing faster than before.
Accruals (33): 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 systematic trader with 15+ 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 +34.9% from it.
Of the 20 most recent actions, 0 moved their price target up and 13 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 2 Nov 2026 | DA Davidson | Maintains | Neutral | $882 → $685 |
| 2 Nov 2026 | Freedom Broker | Maintains | Buy | $980 → $800 |
| 30 Oct 2026 | Citigroup | Maintains | Buy | $950 → $800 |
| 30 Oct 2026 | JP Morgan | Maintains | Overweight | $1,100 → $1,000 |
| 30 Oct 2026 | Morgan Stanley | Maintains | Equal-Weight | $915 → $675 |
| 30 Oct 2026 | RBC Capital | Maintains | Sector Perform | $897 → $722 |
| 30 Oct 2026 | Truist Securities | Reiterates | Buy | $1,100 → $1,027 |
| 30 Oct 2026 | Wells Fargo | Maintains | Overweight | $840 → $805 |
| 29 Oct 2026 | Oppenheimer | Maintains | Outperform | $1,009 |
| 26 Oct 2026 | UBS | Maintains | Neutral | $925 → $750 |
| 26 Oct 2026 | Wells Fargo | Maintains | Overweight | $1,155 → $840 |
| 14 Oct 2026 | Oppenheimer | Maintains | Outperform | $1,118 → $1,009 |
| 14 Oct 2026 | Oppenheimer | Maintains | Outperform | — |
| 12 Oct 2026 | Citigroup | Maintains | Buy | $1,100 → $950 |
| 12 Oct 2026 | Citigroup | Maintains | Buy | — |
| 5 Oct 2026 | Truist Securities | Maintains | Buy | $1,225 → $1,100 |
| 5 Oct 2026 | Truist Securities | Maintains | Buy | — |
| 10 Sept 2026 | Freedom Broker | Upgrade | Buy | — |
| 10 Sept 2026 | Freedom Broker | Upgrade | Buy | $980 |
| 11 Aug 2026 | Evercore ISI Group | Maintains | Outperform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
CAT appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 2 Nov 2026, Caterpillar, Inc. returned +7.2% against +11.5% 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 31% of US stocks
Cheaper than 32% of US stocks
Cheaper than 7% of US stocks
Cheaper than 16% of US stocks
Higher than 66% of US stocks
Higher than 72% of US stocks
Higher than 44% of US stocks
Higher than 79% of US stocks
Higher than 77% of US stocks
Higher than 94% of US stocks
Higher than 91% of US stocks
Higher than 71% 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 $282.1B and an enterprise value of $319.8B.
Revenue in the twelve months to 30 June 2026: $74.7B. The latest quarter grew 17.3% 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: 24.1×; forward P/E: 19.0× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 1.06%, 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. | $282.1B | 61 |
| DEDeere & Co. | $180.5B | 66 |
| PCARPACCAR, Inc. | $54.0B | 53 |
| CNHCNH Industrial NV | $14.7B | 72 |
| RTXRTX Corp.* | $272.2B | 94 |
| GEGE Aerospace* | $327.6B | 91 |
| GEVGE Vernova, Inc.* | $231.8B | 66 |
* 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 →
Caterpillar acquired John Fabick Tractor Company, a long-standing Cat dealer serving parts of Missouri and Illinois, all of Wisconsin, and Michigan’s Upper Peninsula. Caterpillar had agreed to acquire Fabick in September.
Why it matters — The acquisition brings a dealer with more than 100 years of customer relationships in these regions under Caterpillar ownership.
24/7 Wall Street reports that markets are bracing for a shift from the Federal Reserve’s easing toward possible rate hikes. The headline says the article discusses four stocks that have performed well historically in that environment, but the excerpt does not identify them.
Why it matters — CAT watchers may note the broader discussion of how stocks have fared during periods of rising interest rates, though the excerpt provides no CAT-specific information.
Caterpillar shares fell nearly 30% over six months, despite a backlog that extends delivery timelines into the next decade. A global bank sees potential gains that it believes the market is overlooking.
Why it matters — CAT watchers may weigh the sharp share decline against the extended backlog and the bank’s more optimistic view.
Caterpillar's order backlog reached a record $78 billion in the third quarter. Power generation sales to users grew 75%, supported by data center demand.
Why it matters — The backlog and power generation growth highlight demand trends relevant to CAT watchers.
Seeking Alpha reports that Caterpillar delivered strong Q3 2026 operational results, while its shares fell 29% since prior coverage amid valuation concerns and longer backlog conversion timelines. Its $78 billion backlog, linked to AI infrastructure demand, extends into 2029–2030, and consensus expects revenue growth in FY2026 and FY2027 with margins rising as revenue scales.
Why it matters — CAT watchers may weigh the substantial, extended backlog and growth expectations against the valuation concerns and delayed conversion highlighted in the article.
The 29 Wall Street analysts covering Caterpillar, Inc. have a median 12-month price target of $828, with estimates ranging from $575 to $1,045. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 29 analysts covering Caterpillar, Inc., 17 rate it a Buy, 11 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Caterpillar, Inc. 61 out of 100 across roughly 4,600 US stocks as at 2 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 2 Nov 2026, Caterpillar, Inc. ranks 61 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 Growth (88 of 100).
No one can know that. What the data says: the median 12-month target from 29 analysts implies +34.9% from the last close, and Ticker Nerd's factor model ranks Caterpillar, Inc. 61 out of 100 as at 2 Nov 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 $1,045 over the next 12 months.
Caterpillar, Inc. returned +7.2% over the 12 months to 2 Nov 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 (PRNewsWire, 2 Nov 2026): "Caterpillar Inc. Acquires Fabick Cat Dealership". Caterpillar acquired John Fabick Tractor Company, a long-standing Cat dealer serving parts of Missouri and Illinois, all of Wisconsin, and Michigan’s Upper Peninsula. Caterpillar had agreed to acquire Fabick in September.
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
