Caterpillar Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

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Caterpillar Inc. CAT will release its fourth-quarter financial results, before the opening bell, on Thursday, Jan. 30, 2025.

Analysts expect the Irving, Texas-based company to report quarterly earnings at $5.03 per share, down from $5.23 per share in the year-ago period. Caterpillar projects quarterly revenue of $16.53 billion, compared to $17.07 billion a year earlier, according to data from Benzinga Pro.

On Jan. 15, Caterpillar announced Chief Human Resources Officer Cheryl H. Johnson will retire April 30.

Caterpillar shares gained 0.8% to close at $393.23 on Wednesday.  .

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • UBS analyst Steven Fisher maintained a Sell rating and raised the price target from $295 to $355 on Jan. 28, 2025. This analyst has an accuracy rate of 74%.
  • Truist Securities analyst Jamie Cook maintained a Buy rating and cut the price target from $471 to $455 on Jan. 16, 2025. This analyst has an accuracy rate of 72%.
  • Evercore ISI Group analyst David Raso upgraded the stock from Underperform to In-Line with a price target of $365 on Jan. 13, 2025. This analyst has an accuracy rate of 74%.
  • JP Morgan analyst Tami Zakaria maintained an Overweight rating and boosted the price target from $500 to $515 on Dec. 9, 2024. This analyst has an accuracy rate of 74%.
  • Jefferies analyst Stephen Volkmann maintained a Buy rating and boosted the price target from $455 to $475 on Dec. 6, 2024. This analyst has an accuracy rate of 70%.

Considering buying CAT stock? Here’s what analysts think:

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