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Caterpillar
CATNYSE
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Caterpillar (NYSE:CAT) Stock, Analyst Ratings, Price Targets, Forecasts
Caterpillar Inc has a consensus price target of $293.81 based on the ratings of 29 analysts. The high is $435 issued by JP Morgan on April 16, 2024. The low is $172 issued by Morgan Stanley on August 2, 2021. The 3 most-recent analyst ratings were released by Citigroup, HSBC, and TD Cowen on June 26, 2024, April 30, 2024, and April 26, 2024, respectively. With an average price target of $360 between Citigroup, HSBC, and TD Cowen, there's an implied 3.68% upside for Caterpillar Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
HSBC
TD Cowen
Stifel
JP Morgan
1calculated from analyst ratings
Analyst Ratings for Caterpillar
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/28/2024 | Buy Now | — | Raymond James | Tim Thein | — | Initiates | → Market Perform | Get Alert |
| 06/26/2024 | Buy Now | 9.44% | Citigroup | Kyle Menges | → $380 | Initiates | → Buy | Get Alert |
| 04/30/2024 | Buy Now | 3.68% | HSBC | Helen Fang | $330 → $360 | Maintains | Hold | Get Alert |
| 04/26/2024 | Buy Now | -2.08% | TD Cowen | Matt Elkott | $338 → $340 | Maintains | Buy | Get Alert |
| 04/26/2024 | Buy Now | 0.8% | Stifel | Stanley Elliott | $293 → $350 | Downgrade | Buy → Hold | Get Alert |
| 04/18/2024 | Buy Now | — | Oppenheimer | — | — | Maintains | Perform | Get Alert |
| 04/16/2024 | Buy Now | 25.28% | JP Morgan | Tami Zakaria | $385 → $435 | Maintains | Overweight | Get Alert |
| 04/16/2024 | Buy Now | 17.5% | Goldman Sachs | Jerry Revich | $357 → $408 | Maintains | Buy | Get Alert |
| 03/14/2024 | Buy Now | 12.32% | Truist Securities | Jamie Cook | → $390 | Initiates | → Buy | Get Alert |
| 02/20/2024 | Buy Now | -2.66% | Evercore ISI Group | David Raso | $321 → $338 | Downgrade | Outperform → In-Line | Get Alert |
| 02/12/2024 | Buy Now | -2.08% | Citigroup | Timothy Thein | $255 → $340 | Maintains | Neutral | Get Alert |
| 02/06/2024 | Buy Now | 10.88% | JP Morgan | Tami Zakaria | $345 → $385 | Maintains | Overweight | Get Alert |
| 02/06/2024 | Buy Now | -25.98% | Baird | Mircea Dobre | $210 → $257 | Maintains | Underperform | Get Alert |
| 02/06/2024 | Buy Now | -6.4% | Wells Fargo | Seth Weber | $290 → $325 | Maintains | Equal-Weight | Get Alert |
| 02/06/2024 | Buy Now | 2.82% | Goldman Sachs | Jerry Revich | $274 → $357 | Maintains | Buy | Get Alert |
| 01/08/2024 | Buy Now | -22.24% | Morgan Stanley | Angel Castillo | → $270 | Initiates | → Equal-Weight | Get Alert |
| 12/21/2023 | Buy Now | -29.44% | Bernstein | Chad Dillard | $216 → $245 | Maintains | Market Perform | Get Alert |
| 12/19/2023 | Buy Now | -15.62% | Stifel | Stanley Elliott | $285 → $293 | Maintains | Buy | Get Alert |
| 11/20/2023 | Buy Now | -28% | HSBC | Helen Fang | → $250 | Initiates | → Hold | Get Alert |
| 11/08/2023 | Buy Now | -15.04% | Tigress Financial | Ivan Feinseth | $282 → $295 | Maintains | Buy | Get Alert |
| 11/01/2023 | Buy Now | -21.09% | Goldman Sachs | Jerry Revich | $315 → $274 | Maintains | Buy | Get Alert |
| 10/16/2023 | Buy Now | -7.84% | JP Morgan | Tami Zakaria | $315 → $320 | Maintains | Overweight | Get Alert |
| 08/02/2023 | Buy Now | -13.6% | Stifel | Stanley Elliott | $275 → $300 | Maintains | Buy | Get Alert |
| 08/02/2023 | Buy Now | -9.28% | JP Morgan | Tami Zakaria | $275 → $315 | Maintains | Overweight | Get Alert |
| 08/02/2023 | Buy Now | -7.84% | TD Cowen | Matt Elkott | $287 → $320 | Maintains | Outperform | Get Alert |
| 08/02/2023 | Buy Now | -17.92% | Wells Fargo | Seth Weber | $240 → $285 | Maintains | Equal-Weight | Get Alert |
| 08/02/2023 | Buy Now | -6.98% | B of A Securities | Michael Feniger | $283 → $323 | Maintains | Buy | Get Alert |
| 08/02/2023 | Buy Now | -3.81% | Credit Suisse | Jamie Cook | $279 → $334 | Maintains | Outperform | Get Alert |
| 08/02/2023 | Buy Now | -9.28% | Goldman Sachs | Jerry Revich | $274 → $315 | Maintains | Buy | Get Alert |
| 08/02/2023 | Buy Now | -28% | Barclays | Adam Seiden | $225 → $250 | Maintains | Equal-Weight | Get Alert |
| 08/02/2023 | Buy Now | -32.61% | Baird | Mircea Dobre | $183 → $234 | Maintains | Underperform | Get Alert |
| 07/18/2023 | Buy Now | -22.24% | Citigroup | Timothy Thein | $240 → $270 | Maintains | Neutral | Get Alert |
| 06/22/2023 | Buy Now | -24.26% | DA Davidson | Michael Shlisky | → $263 | Initiates | → Neutral | Get Alert |
| 06/01/2023 | Buy Now | -18.78% | Tigress Financial | Ivan Feinseth | $266 → $282 | Maintains | Buy | Get Alert |
| 05/09/2023 | Buy Now | -24.26% | DA Davidson | David Raso | $288 → $263 | Maintains | Outperform | Get Alert |
| 05/08/2023 | Buy Now | -48.16% | Baird | Mircea Dobre | $185 → $180 | Maintains | Underperform | Get Alert |
| 05/01/2023 | Buy Now | -20.8% | Stifel | Stanley Elliott | $273 → $275 | Maintains | Buy | Get Alert |
| 04/28/2023 | Buy Now | -44.99% | Morgan Stanley | Dillon Cumming | $190 → $191 | Maintains | Underweight | Get Alert |
| 04/28/2023 | Buy Now | -19.65% | Credit Suisse | Jamie Cook | $307 → $279 | Maintains | Outperform | Get Alert |
| 04/12/2023 | Buy Now | -35.2% | Deutsche Bank | Nicole Deblase | $228 → $225 | Maintains | Hold | Get Alert |
| 03/27/2023 | Buy Now | -46.72% | Baird | Mircea Dobre | $230 → $185 | Downgrade | Neutral → Underperform | Get Alert |
| 03/10/2023 | Buy Now | -35.2% | UBS | Steven Fisher | $230 → $225 | Downgrade | Neutral → Sell | Get Alert |
| 02/13/2023 | Buy Now | -33.76% | Baird | Mircea Dobre | $290 → $230 | Downgrade | Outperform → Neutral | Get Alert |
| 02/06/2023 | Buy Now | -25.12% | Citigroup | Timothy Thein | $250 → $260 | Maintains | Neutral | Get Alert |
| 02/01/2023 | Buy Now | -30.88% | Wells Fargo | Seth Weber | $228 → $240 | Maintains | Equal-Weight | Get Alert |
| 02/01/2023 | Buy Now | -11.87% | Credit Suisse | Jamie Cook | $290 → $306 | Maintains | Outperform | Get Alert |
| 02/01/2023 | Buy Now | -35.2% | Barclays | Adam Seiden | $200 → $225 | Maintains | Equal-Weight | Get Alert |
| 01/13/2023 | Buy Now | -15.04% | B of A Securities | Joshua Shanker | $217 → $295 | Upgrade | Neutral → Buy | Get Alert |
| 01/10/2023 | Buy Now | -34.34% | Wells Fargo | Seth Weber | $218 → $228 | Maintains | Equal-Weight | Get Alert |
| 12/19/2022 | Buy Now | -21.95% | Stifel | Stanley Elliott | $260 → $271 | Maintains | Buy | Get Alert |
| 12/14/2022 | Buy Now | -45.28% | Morgan Stanley | Dillon Cumming | $174 → $190 | Maintains | Underweight | Get Alert |
| 11/09/2022 | Buy Now | -21.38% | Goldman Sachs | Jerry Revich | $252 → $273 | Maintains | Buy | Get Alert |
| 10/31/2022 | Buy Now | -33.76% | UBS | Steven Fisher | $225 → $230 | Downgrade | Buy → Neutral | Get Alert |
| 10/28/2022 | Buy Now | -49.89% | Morgan Stanley | Courtney Yakavonis | $143 → $174 | Maintains | Underweight | Get Alert |
| 10/28/2022 | Buy Now | -37.22% | Wells Fargo | Seth Weber | $205 → $218 | Maintains | Equal-Weight | Get Alert |
| 10/28/2022 | Buy Now | -26.56% | Credit Suisse | Jamie Cook | $236 → $255 | Maintains | Outperform | Get Alert |
| 10/28/2022 | Buy Now | -36.35% | Deutsche Bank | Nicole Deblase | $196 → $221 | Downgrade | Buy → Hold | Get Alert |
| 10/13/2022 | Buy Now | -58.82% | Morgan Stanley | Courtney Yakavonis | $142 → $143 | Maintains | Underweight | Get Alert |
| 10/13/2022 | Buy Now | -43.55% | Deutsche Bank | Nicole Deblase | $222 → $196 | Maintains | Buy | Get Alert |
| 10/06/2022 | Buy Now | -36.64% | JP Morgan | Tami Zakaria | $205 → $220 | Maintains | Overweight | Get Alert |
| 09/30/2022 | Buy Now | -23.39% | Tigress Financial | Ivan Feinseth | $282 → $266 | Maintains | Buy | Get Alert |
| 09/28/2022 | Buy Now | -48.16% | Citigroup | Timothy Thein | $195 → $180 | Maintains | Neutral | Get Alert |
| 08/03/2022 | Buy Now | -35.2% | UBS | Steven Fisher | $250 → $225 | Maintains | Buy | Get Alert |
| 08/03/2022 | Buy Now | -32.03% | Credit Suisse | Jamie Cook | $226 → $236 | Maintains | Outperform | Get Alert |
| 08/03/2022 | Buy Now | -40.96% | Wells Fargo | Seth Weber | $230 → $205 | Maintains | Equal-Weight | Get Alert |
| 08/03/2022 | Buy Now | -43.84% | Bernstein | Chad Dillard | → $195 | Downgrade | Outperform → Market Perform | Get Alert |
| 07/18/2022 | Buy Now | -59.1% | Morgan Stanley | Courtney Yakavonis | $161 → $142 | Maintains | Underweight | Get Alert |
| 07/13/2022 | Buy Now | -34.62% | Deutsche Bank | Nicole Deblase | $240 → $227 | Maintains | Buy | Get Alert |
| 07/12/2022 | Buy Now | -40.96% | JP Morgan | Tami Zakaria | $250 → $205 | Maintains | Overweight | Get Alert |
| 07/07/2022 | Buy Now | -35.2% | Cowen & Co. | Matt Elkott | $255 → $225 | Maintains | Outperform | Get Alert |
| 06/23/2022 | Buy Now | -53.63% | Morgan Stanley | Courtney Yakavonis | $164 → $161 | Maintains | Underweight | Get Alert |
| 04/29/2022 | Buy Now | -24.54% | Credit Suisse | Jamie Cook | $255 → $262 | Maintains | Outperform | Get Alert |
| 04/29/2022 | Buy Now | -33.76% | Wells Fargo | Seth Weber | $231 → $230 | Maintains | Equal-Weight | Get Alert |
| 03/28/2022 | Buy Now | -25.98% | JP Morgan | Tami Zakaria | $241 → $257 | Maintains | Overweight | Get Alert |
| 03/11/2022 | Buy Now | -33.47% | Wells Fargo | Seth Weber | → $231 | Initiates | → Equal-Weight | Get Alert |
| 03/08/2022 | Buy Now | -25.12% | Jefferies | Stephen Volkmann | $215 → $260 | Upgrade | Hold → Buy | Get Alert |
| 02/03/2022 | Buy Now | -19.94% | Tigress Financial | Ivan Feinseth | $270 → $278 | Maintains | Buy | Get Alert |
| 01/31/2022 | Buy Now | -26.56% | Credit Suisse | Jamie Cook | $275 → $255 | Maintains | Outperform | Get Alert |
| 01/13/2022 | Buy Now | -35.2% | Barclays | Adam Seiden | $220 → $225 | Maintains | Equal-Weight | Get Alert |
| 12/22/2021 | Buy Now | -30.88% | Bernstein | Chad Dillard | → $240 | Upgrade | Market Perform → Outperform | Get Alert |
| 12/09/2021 | Buy Now | -52.77% | Morgan Stanley | Courtney Yakavonis | — | Maintains | Underweight | Get Alert |
| 10/29/2021 | Buy Now | -30.88% | Credit Suisse | Jamie Cook | — | Maintains | Outperform | Get Alert |
| 10/29/2021 | Buy Now | -52.19% | Morgan Stanley | Courtney Yakavonis | — | Maintains | Underweight | Get Alert |
| 10/29/2021 | Buy Now | -32.32% | UBS | Steven Fisher | — | Upgrade | Neutral → Buy | Get Alert |
| 10/14/2021 | Buy Now | -30.59% | Cowen & Co. | Matt Elkott | — | Initiates | → Outperform | Get Alert |
| 10/13/2021 | Buy Now | -52.48% | Morgan Stanley | Courtney Yakavonis | — | Maintains | Underweight | Get Alert |
| 08/06/2021 | Buy Now | -22.24% | Tigress Financial | Ivan Feinseth | — | Reiterates | → Buy | Get Alert |
| 08/02/2021 | Buy Now | -30.59% | Deutsche Bank | Nicole Deblase | — | Maintains | Buy | Get Alert |
| 08/02/2021 | Buy Now | -50.46% | Morgan Stanley | — | — | Maintains | Underweight | Get Alert |
| 08/02/2021 | Buy Now | -26.27% | Credit Suisse | Jamie Cook | — | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Caterpillar (CAT) stock?
The latest price target for Caterpillar (NYSE:CAT) was reported by Raymond James on June 28, 2024. The analyst firm set a price target for $0.00 expecting CAT to fall to within 12 months (a possible -100.00% downside). 31 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 Raymond James, and Caterpillar initiated their market perform 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 June 28, 2024 so you should expect the next rating to be made available sometime around June 28, 2025.
Is the Analyst Rating Caterpillar (CAT) correct?
While ratings are subjective and will change, the latest Caterpillar (CAT) rating was a initiated with a price target of $0.00 to $0.00. The current price Caterpillar (CAT) is trading at is $347.22, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.