Caterpillar Inc has a consensus price target of $333.42 based on the ratings of 28 analysts. The high is $490 issued by JP Morgan on January 31, 2025. The low is $174 issued by Morgan Stanley on October 28, 2022. The 3 most-recent analyst ratings were released by Evercore ISI Group, DA Davidson, and Truist Securities on February 19, 2025, February 4, 2025, and February 3, 2025, respectively. With an average price target of $390 between Evercore ISI Group, DA Davidson, and Truist Securities, there's an implied 14.69% upside for Caterpillar Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Caterpillar (NYSE:CAT) was reported by Evercore ISI Group on February 19, 2025. The analyst firm set a price target for $375.00 expecting CAT to rise to within 12 months (a possible 10.28% upside). 39 analyst firms have reported ratings in the last year.
The latest analyst rating for Caterpillar (NYSE:CAT) was provided by Evercore ISI Group, and Caterpillar maintained their in-line rating.
The last upgrade for Caterpillar Inc happened on February 3, 2025 when UBS raised their price target to $385. UBS previously had a sell 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 February 19, 2025 so you should expect the next rating to be made available sometime around February 19, 2026.
While ratings are subjective and will change, the latest Caterpillar (CAT) rating was a maintained with a price target of $365.00 to $375.00. The current price Caterpillar (CAT) is trading at is $340.04, which is out of the analyst’s predicted range.
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