Caterpillar
(NYSE:CAT)
$323.38
1.29[0.40%]
At close: Feb 23
$323.38
0[0.00%]
After Hours: 4:45PM EDT

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Caterpillar Stock (NYSE:CAT), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.
Consensus Rating1
Buy
Highest Price Target1
$385.00
Lowest Price Target1
$172.00
Consensus Price Target1
$262.31

Analyst Rating Summary1

Analyst Ratings
Oct 23
1
Nov 23
2
Dec 23
1
1
Jan
1
Feb
2
2
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Evercore ISI Group
Citigroup
JP Morgan
Baird
Wells Fargo

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Caterpillar

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
02/20/2024CATBuy Now
Caterpillar
$323.384.52%Evercore ISI Group
David Raso
$321 → $338DowngradeOutperform → In-LineGet Alert
02/12/2024CATBuy Now
Caterpillar
$323.385.14%Citigroup
Timothy Thein
$255 → $340MaintainsNeutralGet Alert
02/06/2024CATBuy Now
Caterpillar
$323.3819.05%JP Morgan
Tami Zakaria
$345 → $385MaintainsOverweightGet Alert
02/06/2024CATBuy Now
Caterpillar
$323.38-20.53%Baird
Mircea Dobre
$210 → $257MaintainsUnderperformGet Alert
02/06/2024CATBuy Now
Caterpillar
$323.380.5%Wells Fargo
Seth Weber
$290 → $325MaintainsEqual-WeightGet Alert
02/06/2024CATBuy Now
Caterpillar
$323.3810.4%Goldman Sachs
Jerry Revich
$274 → $357MaintainsBuyGet Alert
01/08/2024CATBuy Now
Caterpillar
$323.38-16.51%Morgan Stanley
Angel Castillo
→ $270Initiates → Equal-WeightGet Alert
12/21/2023CATBuy Now
Caterpillar
$323.38-24.24%Bernstein
Chad Dillard
$216 → $245MaintainsMarket PerformGet Alert
12/19/2023CATBuy Now
Caterpillar
$323.38-9.39%Stifel
Stanley Elliott
$285 → $293MaintainsBuyGet Alert
11/20/2023CATBuy Now
Caterpillar
$323.38-22.69%HSBC
Helen Fang
→ $250Initiates → HoldGet Alert
11/08/2023CATBuy Now
Caterpillar
$323.38-8.78%Tigress Financial
Ivan Feinseth
$282 → $295MaintainsBuyGet Alert
11/01/2023CATBuy Now
Caterpillar
$323.38-15.27%Goldman Sachs
Jerry Revich
$315 → $274MaintainsBuyGet Alert
10/16/2023CATBuy Now
Caterpillar
$323.38-1.05%JP Morgan
Tami Zakaria
$315 → $320MaintainsOverweightGet Alert
05/27/2021CATBuy Now
Caterpillar
$323.38-18.36%Goldman Sachs
Jerry Revich
→ $264MaintainsBuyGet Alert
03/03/2021CATBuy Now
Caterpillar
$323.38-25.78%Goldman Sachs
Jerry Revich
$216 → $240MaintainsBuyGet Alert
11/09/2022CATBuy Now
Caterpillar
$323.38-15.58%Goldman Sachs
Jerry Revich
$252 → $273MaintainsBuyGet Alert
08/02/2023CATBuy Now
Caterpillar
$323.38-7.23%Stifel
Stanley Elliott
$275 → $300MaintainsBuyGet Alert
08/02/2023CATBuy Now
Caterpillar
$323.38-2.59%JP Morgan
Tami Zakaria
$275 → $315MaintainsOverweightGet Alert
08/02/2023CATBuy Now
Caterpillar
$323.38-1.05%TD Cowen
Matt Elkott
$287 → $320MaintainsOutperformGet Alert

FAQ

Q

What is the target price for Caterpillar (CAT)?

A

The latest price target for Caterpillar (NYSE: CAT) was reported by Evercore ISI Group on February 20, 2024. The analyst firm set a price target for $338.00 expecting CAT to rise to within 12 months (a possible 4.52% upside). 33 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Caterpillar (CAT)?

A

The latest analyst rating for Caterpillar (NYSE: CAT) was provided by Evercore ISI Group, and Caterpillar downgraded their in-line rating.

Q

When is the next analyst rating going to be posted or updated for Caterpillar (CAT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Caterpillar, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Caterpillar was filed on February 20, 2024 so you should expect the next rating to be made available sometime around February 20, 2025.

Q

Is the Analyst Rating Caterpillar (CAT) correct?

A

While ratings are subjective and will change, the latest Caterpillar (CAT) rating was a downgraded with a price target of $321.00 to $338.00. The current price Caterpillar (CAT) is trading at is $323.38, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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