The latest price target for Caterpillar (NYSE:CAT) was reported by Truist Securities on December 19, 2024. The analyst firm set a price target for $471.00 expecting CAT to rise to within 12 months (a possible 29.85% upside). 34 analyst firms have reported ratings in the last year.

The latest analyst rating for Caterpillar (NYSE:CAT) was provided by Truist Securities, and Caterpillar maintained their buy rating.

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.

The last downgrade for Caterpillar Inc happened on November 13, 2024 when Evercore ISI Group changed their price target from $321 to $365 for Caterpillar Inc.

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 December 19, 2024 so you should expect the next rating to be made available sometime around December 19, 2025.

While ratings are subjective and will change, the latest Caterpillar (CAT) rating was a maintained with a price target of $454.00 to $471.00. The current price Caterpillar (CAT) is trading at is $362.74, which is out of the analyst’s predicted range.