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Caterpillar Inc (CAT) Stock Forecast & Price Prediction

Live CAT Stock Price & Analysis

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$380.78

-8.09 (-2.08%)

12 Month Price Forecast For CAT

$380.78
Current Price
$187.75B
Market Cap
25 Ratings
Buy 10
Hold 9
Sell 6
Wall St Analyst Ratings

Distance to CAT Price Forecasts

+35.2%
To High Target of $515.00
-1.0%
To Median Target of $377.00
-34.3%
To Low Target of $250.00

CAT Price Momentum

-3.6%
1 Week Change
-1.6%
1 Month Change
+42.1%
1 Year Change
+28.8%
Year-to-Date Change
-9.0%
From 52W High of $418.50
+47.0%
From 52W Low of $259.12

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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.

Data last updated: December 13, 2024 9:31 AM UTC

CAT Analyst Ratings & Price Targets

Based on our analysis of 34 Wall Street analysts, CAT has a consensus that is neutral. The median price target is $377.00, with forecasts ranging from $250.00 to $515.00. Currently, there are 10 Buy ratings, 9 Hold ratings, and 6 Sell ratings.

With CAT currently trading at $380.78, the median price forecast suggests a -1.0% downside. The most optimistic forecast comes from Tami Zakaria at JP Morgan, projecting a 35.2% upside, while Helen Fang at HSBC provides the most conservative target, suggesting a -34.3% downside.

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 Consensus

10
Buy
9
Hold
6
Sell

CAT Price Target Range

Low
$250.00
Average
$377.00
High
$515.00
Current: $380.78

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
Dec 9, 2024 Citigroup Kyle Menges Buy Maintains $460.00
Dec 9, 2024 JP Morgan Tami Zakaria Overweight Maintains $515.00
Dec 6, 2024 Jefferies Stephen Volkmann Buy Maintains $475.00
Nov 13, 2024 Evercore ISI Group David Raso Underperform Downgrade $365.00
Nov 4, 2024 UBS Steven Fisher Sell Maintains $295.00
Oct 31, 2024 Citigroup Kyle Menges Buy Maintains $435.00
Oct 31, 2024 Baird Mircea Dobre Underperform Maintains $300.00
Oct 14, 2024 Morgan Stanley Angel Castillo Underweight Downgrade $332.00
Oct 14, 2024 JP Morgan Tami Zakaria Overweight Maintains $500.00
Oct 9, 2024 Citigroup Kyle Menges Buy Maintains $445.00
Oct 9, 2024 Truist Securities Jamie Cook Buy Maintains $456.00
Sep 30, 2024 B of A Securities Michael Feniger Buy Maintains $434.00
Aug 19, 2024 Evercore ISI Group David Raso In-Line Maintains $321.00
Aug 7, 2024 Truist Securities Jamie Cook Buy Reiterates $399.00
Aug 7, 2024 B of A Securities Michael Feniger Buy Maintains $376.00
Aug 7, 2024 UBS Steven Fisher Sell Maintains $285.00
Aug 7, 2024 Barclays Adam Seiden Equal-Weight Maintains $335.00
Jun 28, 2024 Raymond James Tim Thein Market Perform Initiates $0.00
Jun 26, 2024 Citigroup Kyle Menges Buy Initiates $380.00
Apr 30, 2024 HSBC Helen Fang Hold Maintains $360.00

Caterpillar Inc (CAT) Financial Data

Caterpillar Inc has a market capitalization of $187.75B with a P/E ratio of 18.1x. The company generates $65.66B in trailing twelve-month revenue with a 16.3% profit margin.

Revenue growth is -4.2% quarter-over-quarter, while maintaining an operating margin of +19.5% and return on equity of +53.5%.

Valuation Metrics

Market Cap $187.75B
Enterprise Value $220.89B
P/E Ratio 18.1x
PEG Ratio 17.6x
Price/Sales 2.9x

Growth & Margins

Revenue Growth (YoY) -4.2%
Gross Margin +35.4%
Operating Margin +19.5%
Net Margin +16.3%
EPS Growth -11.8%

Financial Health

Cash/Price Ratio +2.6%
Current Ratio 1.4x
Debt/Equity 195.3x
ROE +53.5%
ROA +9.9%

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Caterpillar Inc logo

Caterpillar Inc (CAT) Company Overview

About Caterpillar Inc

What They Do

Manufactures construction and mining equipment globally.

Business Model

Caterpillar Inc. generates revenue through the sale of a wide range of construction and mining equipment, engines, and industrial solutions. The company operates through multiple segments, including Construction Industries, Resource Industries, Energy & Transportation, and Financial Products, which provide both products and services, including leasing and financing options.

Additional Information

Founded in 1925 and headquartered in Irving, Texas, Caterpillar Inc. is a leader in its industry, offering advanced technology solutions and maintaining a strong global presence. The company's diverse portfolio and commitment to innovation position it well for future growth in various sectors, including construction, mining, and energy.

Company Information

Sector

Industrials

Industry

Farm & Heavy Construction Machinery

Employees

113,200

CEO

Mr. D. James Umpleby III

Country

United States

IPO Year

1962

Caterpillar Inc (CAT) Latest News & Analysis

CAT stock latest news image

Caterpillar Inc. Maintains Dividend

3 days ago
Quick Summary

Caterpillar Inc. (NYSE: CAT) will maintain its quarterly dividend at $1.41 per share, payable on Feb. 20, 2025, to shareholders of record as of Jan. 21, 2025.

Why It Matters

Caterpillar's consistent dividend reflects financial stability and commitment to returning value, signaling confidence in future earnings and attracting income-focused investors.

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

Caterpillar Inc. (CAT) is Attracting Investor Attention: Here is What You Should Know

2 days ago
Quick Summary

Caterpillar (CAT) is gaining attention among Zacks.com users, indicating potential interest in the stock's future performance.

Why It Matters

Increased interest in Caterpillar (CAT) signals potential volatility or opportunity; understanding key factors affecting its stock can guide investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive
CAT stock latest news image

Caterpillar (CAT) Advances But Underperforms Market: Key Facts

2 days ago
Quick Summary

Caterpillar (CAT) closed at $388.87, reflecting a slight increase of 0.12% from the previous trading day.

Why It Matters

Caterpillar's slight price increase indicates stability in its stock performance, which may reflect investor confidence and overall market sentiment towards the company.

Source: Zacks Investment Research
Market Sentiment: Negative
CAT stock latest news image

Best Stocks for 2025: Tech, Industrials, and Financials Lead

1 day ago
Quick Summary

Major investment banks are beginning to release their outlooks for 2025 as the investment year concludes.

Why It Matters

Year-end forecasts from major investment banks can influence market sentiment and asset allocation strategies, impacting stock prices and investment decisions for 2025.

Source: MarketBeat
Market Sentiment: Positive
CAT stock latest news image

Dividend Income Summary: Lanny's November 2024 Summary

3 days ago
Quick Summary

Investing in dividend stocks offers passive income through dividends, benefiting from compounding and reinvestment, contributing to portfolio growth and savings strategies.

Why It Matters

Dividend stocks offer passive income and potential for growth through reinvestment, appealing to investors seeking income and compounding benefits in their portfolios.

Source: Seeking Alpha
Market Sentiment: Positive
CAT stock latest news image

The Big 3: CAT, C, VIX

2 days ago
Quick Summary

Don Kaufman from Theotrade expresses bearish sentiment on Caterpillar (CAT) and Citigroup (C) amid current market uncertainty regarding the Big 3.

Why It Matters

Kaufman's bearish stance on Caterpillar and Citigroup signals potential declines in their stock prices, which could affect overall market sentiment and investor portfolios.

Source: Schwab Network
Market Sentiment: Negative

Frequently Asked Questions About CAT Stock

What is Caterpillar Inc's (CAT) stock forecast for 2025?

Based on our analysis of 34 Wall Street analysts, Caterpillar Inc (CAT) has a median price target of $377.00. The highest price target is $515.00 and the lowest is $250.00.

Is CAT stock a good investment in 2025?

According to current analyst ratings, CAT has 10 Buy ratings, 9 Hold ratings, and 6 Sell ratings. The stock is currently trading at $380.78. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for CAT stock?

Wall Street analysts predict CAT stock could reach $377.00 in the next 12 months. This represents a -1.0% decrease from the current price of $380.78. 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 a wide range of construction and mining equipment, engines, and industrial solutions. The company operates through multiple segments, including Construction Industries, Resource Industries, Energy & Transportation, and Financial Products, which provide both products and services, including leasing and financing options.

What is the highest forecasted price for CAT Caterpillar Inc?

The highest price target for CAT is $515.00 from Tami Zakaria at JP Morgan, which represents a 35.2% increase from the current price of $380.78.

What is the lowest forecasted price for CAT Caterpillar Inc?

The lowest price target for CAT is $250.00 from Helen Fang at HSBC, which represents a -34.3% decrease from the current price of $380.78.

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

The overall analyst consensus for CAT is neutral. Out of 34 Wall Street analysts, 10 rate it as Buy, 9 as Hold, and 6 as Sell, with a median price target of $377.00.

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.