$343.35
5.35[1.58%]
At close: Apr 26
$343.35
0[0.00%]
After Hours: 7:55PM EDT
Caterpillar
(NYSE:CAT)Caterpillar Stock (NYSE:CAT), Analyst Ratings, Price Targets, Predictions
Caterpillar Inc has a consensus price target of $264.59, established from looking at the 95 latest analyst ratings. The last 3 analyst ratings were released from TD Cowen, Stifel, and Oppenheimer on April 26, 2024, April 26, 2024, and April 18, 2024. With an average price target of $230 between TD Cowen, Stifel, and Oppenheimer, there's an implied -33.01% downside for Caterpillar Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
TD Cowen
Stifel
Oppenheimer
JP Morgan
Goldman Sachs
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/26/2024 | CAT | Buy Now | Caterpillar | $343.35 | -0.98% | TD Cowen | Matt Elkott | $338 → $340 | Maintains | Buy | Get Alert |
| 04/26/2024 | CAT | Buy Now | Caterpillar | $343.35 | 1.94% | Stifel | Stanley Elliott | $293 → $350 | Downgrade | Buy → Hold | Get Alert |
| 04/18/2024 | CAT | Buy Now | Caterpillar | $343.35 | — | Oppenheimer | — | — | Maintains | Perform | Get Alert |
| 04/16/2024 | CAT | Buy Now | Caterpillar | $343.35 | 26.69% | JP Morgan | Tami Zakaria | $385 → $435 | Maintains | Overweight | Get Alert |
| 04/16/2024 | CAT | Buy Now | Caterpillar | $343.35 | 18.83% | Goldman Sachs | Jerry Revich | $357 → $408 | Maintains | Buy | Get Alert |
| 03/14/2024 | CAT | Buy Now | Caterpillar | $343.35 | 13.59% | Truist Securities | Jamie Cook | → $390 | Initiates | → Buy | Get Alert |
| 02/20/2024 | CAT | Buy Now | Caterpillar | $343.35 | -1.56% | Evercore ISI Group | David Raso | $321 → $338 | Downgrade | Outperform → In-Line | Get Alert |
| 02/12/2024 | CAT | Buy Now | Caterpillar | $343.35 | -0.98% | Citigroup | Timothy Thein | $255 → $340 | Maintains | Neutral | Get Alert |
| 02/06/2024 | CAT | Buy Now | Caterpillar | $343.35 | 12.13% | JP Morgan | Tami Zakaria | $345 → $385 | Maintains | Overweight | Get Alert |
| 02/06/2024 | CAT | Buy Now | Caterpillar | $343.35 | -25.15% | Baird | Mircea Dobre | $210 → $257 | Maintains | Underperform | Get Alert |
| 02/06/2024 | CAT | Buy Now | Caterpillar | $343.35 | -5.34% | Wells Fargo | Seth Weber | $290 → $325 | Maintains | Equal-Weight | Get Alert |
| 02/06/2024 | CAT | Buy Now | Caterpillar | $343.35 | 3.98% | Goldman Sachs | Jerry Revich | $274 → $357 | Maintains | Buy | Get Alert |
| 01/08/2024 | CAT | Buy Now | Caterpillar | $343.35 | -21.36% | Morgan Stanley | Angel Castillo | → $270 | Initiates | → Equal-Weight | Get Alert |
| 12/21/2023 | CAT | Buy Now | Caterpillar | $343.35 | -28.64% | Bernstein | Chad Dillard | $216 → $245 | Maintains | Market Perform | Get Alert |
| 12/19/2023 | CAT | Buy Now | Caterpillar | $343.35 | -14.66% | Stifel | Stanley Elliott | $285 → $293 | Maintains | Buy | Get Alert |
| 11/20/2023 | CAT | Buy Now | Caterpillar | $343.35 | -27.19% | HSBC | Helen Fang | → $250 | Initiates | → Hold | Get Alert |
| 11/08/2023 | CAT | Buy Now | Caterpillar | $343.35 | -14.08% | Tigress Financial | Ivan Feinseth | $282 → $295 | Maintains | Buy | Get Alert |
| 11/01/2023 | CAT | Buy Now | Caterpillar | $343.35 | -20.2% | Goldman Sachs | Jerry Revich | $315 → $274 | Maintains | Buy | Get Alert |
| 10/16/2023 | CAT | Buy Now | Caterpillar | $343.35 | -6.8% | JP Morgan | Tami Zakaria | $315 → $320 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Caterpillar (CAT)?
The latest price target for Caterpillar (NYSE: CAT) was reported by TD Cowen on April 26, 2024. The analyst firm set a price target for $340.00 expecting CAT to fall to within 12 months (a possible -0.98% downside). 34 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Caterpillar (CAT)?
The latest analyst rating for Caterpillar (NYSE: CAT) was provided by TD Cowen, and Caterpillar maintained their buy rating.
When was the last upgrade for Caterpillar (CAT)?
The last upgrade for Caterpillar Inc happened on January 13, 2023 when B of A Securities raised their price target to $295. B of A Securities previously had a neutral for Caterpillar Inc.
When was the last downgrade for Caterpillar (CAT)?
The last downgrade for Caterpillar Inc happened on April 26, 2024 when Stifel changed their price target from $293 to $350 for Caterpillar Inc.
When is the next analyst rating going to be posted or updated for Caterpillar (CAT)?
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 April 26, 2024 so you should expect the next rating to be made available sometime around April 26, 2025.
Is the Analyst Rating Caterpillar (CAT) correct?
While ratings are subjective and will change, the latest Caterpillar (CAT) rating was a maintained with a price target of $338.00 to $340.00. The current price Caterpillar (CAT) is trading at is $343.35, which is out of the analyst’s predicted range.
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