The latest price target for Caterpillar (NYSE:CAT) was reported by JP Morgan on October 14, 2024. The analyst firm set a price target for $500.00 expecting CAT to rise to within 12 months (a possible 26.69% upside). 32 analyst firms have reported ratings in the last year.

The latest analyst rating for Caterpillar (NYSE:CAT) was provided by JP Morgan, and Caterpillar maintained their overweight 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 October 14, 2024 when Morgan Stanley changed their price target from $349 to $332 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 October 14, 2024 so you should expect the next rating to be made available sometime around October 14, 2025.

While ratings are subjective and will change, the latest Caterpillar (CAT) rating was a maintained with a price target of $435.00 to $500.00. The current price Caterpillar (CAT) is trading at is $394.66, which is out of the analyst’s predicted range.