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CAT Stock Forecast: Caterpillar Inc. Price Predictions for 2026

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$910.57

+12.94 (1.44%)

CAT Stock Forecast 2026-2027

$910.57
Current Price
$419.40B
Market Cap
28 Ratings
Buy 15
Hold 11
Sell 2
Wall St Analyst Ratings

Distance to CAT Price Targets

+27.9%
To High Target of $1,165.00
+5.2%
To Median Target of $957.98
-36.9%
To Low Target of $575.00

CAT Price Momentum

-0.6%
1 Week Change
+2.5%
1 Month Change
+155.0%
1 Year Change
+58.9%
Year-to-Date Change
-3.8%
From 52W High of $946.83
+156.0%
From 52W Low of $355.70
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Latest CAT Stock Price Targets & Analyst Predictions

Based on our analysis of 19 Wall Street analysts, CAT has a bullish consensus with a median price target of $957.98 (ranging from $575.00 to $1,165.00). The overall analyst rating is Buy (7.9/10). Currently trading at $910.57, the median forecast implies a 5.2% upside. This outlook is supported by 15 Buy, 11 Hold, and 2 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CAT Analyst Ratings

15
Buy
11
Hold
2
Sell

CAT Price Target Range

Low
$575.00
Average
$957.98
High
$1,165.00
Current: $910.57

Latest CAT Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CAT.

Date Firm Analyst Rating Change Price Target
May 5, 2026 Argus Research John Eade Buy Maintains $990.00
May 4, 2026 Citigroup Kyle Menges Buy Maintains $1,020.00
May 4, 2026 DA Davidson Michael Shlisky Neutral Maintains $845.00
May 1, 2026 JP Morgan Tami Zakaria Overweight Maintains $1,125.00
May 1, 2026 Barclays Adam Seiden Equal-Weight Maintains $800.00
May 1, 2026 Wells Fargo Jerry Revich Overweight Maintains $1,050.00
May 1, 2026 Morgan Stanley Angel Castillo Equal-Weight Upgrade $915.00
Apr 21, 2026 Wells Fargo Jerry Revich Overweight Maintains $960.00
Apr 20, 2026 Truist Securities Jamie Cook Buy Maintains $920.00
Apr 15, 2026 Morgan Stanley Angel Castillo Underweight Maintains $430.00
Apr 13, 2026 Citigroup Kyle Menges Buy Maintains $905.00
Apr 1, 2026 Barclays Adam Seiden Equal-Weight Maintains $700.00
Mar 9, 2026 Citigroup Kyle Menges Buy Maintains $785.00
Mar 6, 2026 Oppenheimer Kristen Owen Outperform Maintains $817.00
Feb 25, 2026 Wells Fargo Jerry Revich Overweight Maintains $870.00
Feb 23, 2026 Evercore ISI Group David Raso Outperform Maintains $878.00
Feb 10, 2026 B of A Securities Michael Feniger Buy Maintains $825.00
Feb 3, 2026 Morgan Stanley Angel Castillo Underweight Maintains $425.00
Feb 2, 2026 Citigroup Kyle Menges Buy Maintains $760.00
Feb 2, 2026 Truist Securities Jamie Cook Buy Maintains $786.00

Caterpillar Inc. (CAT) Competitors

The following stocks are similar to Caterpillar based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Caterpillar Inc. (CAT) Financial Data

Caterpillar Inc. has a market capitalization of $419.40B with a P/E ratio of 45.3x. The company generates $70.76B in trailing twelve-month revenue with a 13.3% profit margin.

Revenue growth is +22.2% quarter-over-quarter, while maintaining an operating margin of +18.2% and return on equity of +51.3%.

Valuation Metrics

Market Cap $419.40B
Enterprise Value $459.19B
P/E Ratio 45.3x
PEG Ratio 1.5x
Price/Sales 5.9x

Growth & Margins

Revenue Growth (YoY) +22.2%
Gross Margin +33.1%
Operating Margin +18.2%
Net Margin +13.3%
EPS Growth +27.3%

Financial Health

Cash/Price Ratio +0.8%
Current Ratio 1.4x
Debt/Equity 230.8x
ROE +51.3%
ROA +8.5%
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Caterpillar Inc. logo

Caterpillar Inc. (CAT) Business Model

About Caterpillar Inc.

What They Do

Leading manufacturer of construction and mining equipment.

Business Model

Caterpillar Inc. generates revenue through the sale of construction and mining equipment, engines, and industrial gas turbines across various key segments. Additionally, the company offers financial products to customers and dealers, providing financing solutions for its machinery and services, which further supports its revenue stream.

Additional Information

Founded in 1925 and headquartered in Irving, Texas, Caterpillar has a global presence with a strong network of over 150 dealers and approximately 2,800 facilities in around 190 countries. The company holds a significant market share, nearing 20%, in the industrials sector, particularly in the farm and heavy construction machinery markets.

Company Information

Sector

Industrials

Industry

Farm & Heavy Construction Machinery

Employees

118,000

CEO

Mr. Joseph E. Creed CPA

Country

United States

IPO Year

1962

Caterpillar Inc. (CAT) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Does Caterpillar's 8% Dividend Hike Signal More Growth Ahead?

CAT boosts its quarterly dividend 8% to $1.63, notching 32 straight years of hikes as Q1 revenues jumped 22% and backlog hit $62.7B.

Jun 11, 2026 By Madhurima Das Analyst Blog

Best Momentum Stocks to Buy for June 11th

HPE, CAT, and FMX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 11, 2026.

Jun 11, 2026 By Zacks Equity Research Zacks #1 Rank Additions

Caterpillar (CAT) Declines More Than Market: Some Information for Investors

Caterpillar (CAT) closed at $858.02 in the latest trading session, marking a -6.2% move from the prior day.

Jun 10, 2026 By Zacks Equity Research Tale of the Tape

Latest News

CAT stock latest news image
Quick Summary

Caterpillar (NYSE: CAT) is currently valued at $909.81, with a recommendation to hold the stock.

Why It Matters

Caterpillar's hold rating suggests stable performance, indicating potential for steady returns without immediate growth, impacting investment strategies.

Source: 24/7 Wall Street
Market Sentiment: Neutral
CAT stock latest news image
Quick Summary

Caterpillar has a consistent track record of raising its dividend for 32 consecutive years, indicating a strong commitment to returning value to shareholders.

Why It Matters

Caterpillar's consistent dividend increase signals financial stability and a commitment to returning value to shareholders, making it an attractive investment option.

Source: Investors Business Daily
Market Sentiment: Positive
CAT stock latest news image
Quick Summary

Caterpillar stock has declined from a year-to-date high of $947 on June 4 to $856, following the formation of a double-top pattern on the daily chart.

Why It Matters

Caterpillar's stock decline and double-top pattern signal potential weakness, prompting investors to reassess risk and consider market volatility before making decisions.

Source: Invezz
Market Sentiment: Negative
CAT stock latest news image
Quick Summary

Caterpillar Inc (NYSE:CAT) shares declined on Wednesday amid broader selling in the industrial sector.

Why It Matters

Caterpillar's declining shares indicate broader industrial sector weakness, potentially signaling reduced demand and impacting future earnings, which may affect investor sentiment and stock performance.

Source: Benzinga
Market Sentiment: Negative
CAT stock latest news image
Quick Summary

Caterpillar Inc. (NYSE: CAT) increased its quarterly dividend by 8% to $1.63 per share, payable on Aug. 19, 2026. Shareholders must be on record by July 20, 2026.

Why It Matters

Caterpillar's dividend increase signals financial strength and a commitment to returning cash to shareholders, likely boosting investor confidence and potentially driving stock prices higher.

Source: PRNewsWire
Market Sentiment: Neutral
CAT stock latest news image
Quick Summary

The Zacks Focus List offers a selection of strong, market-beating stocks for investors looking to enhance their portfolios.

Why It Matters

The Zacks Focus List highlights stocks with potential for strong performance, guiding investors toward high-quality investment opportunities.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About CAT Stock

What is Caterpillar Inc.'s (CAT) stock forecast for 2026?

Based on our analysis of 19 Wall Street analysts, Caterpillar Inc. (CAT) has a median price target of $957.98. The highest price target is $1,165.00 and the lowest is $575.00.

Is CAT stock a good investment in 2026?

According to current analyst ratings, CAT has 15 Buy ratings, 11 Hold ratings, and 2 Sell ratings. The stock is currently trading at $910.57. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CAT stock?

Wall Street analysts predict CAT stock could reach $957.98 in the next 12 months. This represents a 5.2% increase from the current price of $910.57. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Caterpillar Inc.'s business model?

Caterpillar Inc. generates revenue through the sale of construction and mining equipment, engines, and industrial gas turbines across various key segments. Additionally, the company offers financial products to customers and dealers, providing financing solutions for its machinery and services, which further supports its revenue stream.

What is the highest forecasted price for CAT Caterpillar Inc.?

The highest price target for CAT is $1,165.00 from at , which represents a 27.9% increase from the current price of $910.57.

What is the lowest forecasted price for CAT Caterpillar Inc.?

The lowest price target for CAT is $575.00 from at , which represents a -36.9% decrease from the current price of $910.57.

What is the overall CAT consensus from analysts for Caterpillar Inc.?

The overall analyst consensus for CAT is bullish. Out of 19 Wall Street analysts, 15 rate it as Buy, 11 as Hold, and 2 as Sell, with a median price target of $957.98.

How accurate are CAT stock price projections?

Stock price projections, including those for Caterpillar Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: June 15, 2026 2:26 AM UTC
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