What is the analyst consensus rating for CAT?

The analyst consensus rating for CAT is "Strong Buy" based on 15 analyst recommendations.

What is the average price target for CAT?

The average 12-month price target for CAT is $736.71, representing an upside of 2.7% from the current price of $717.22.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.

Caterpillar Inc. (CAT) Forecast: Analyst Ratings & Targets

Latest CAT Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Apr 1, 2026	Adam Seiden	Barclays	Maintains	Hold	$625.00 → $700.00 +75.00 (12.0%)
Mar 9, 2026	Kyle Menges	Citi	Maintains	Strong Buy	$760.00 → $785.00 +25.00 (3.3%)
Mar 6, 2026	Kristen Owen	Oppenheimer	Maintains	Buy	$729.00 → $817.00 +88.00 (12.1%)
Feb 25, 2026	Jerry Revich	Wells Fargo	Maintains	Buy	$756.00 → $870.00 +114.00 (15.1%)
Feb 23, 2026	David Raso	Evercore ISI Group	Maintains	Buy	$630.00 → $878.00 +248.00 (39.4%)
Feb 10, 2026	Michael Feniger	BofA Securities	Maintains	Strong Buy	$735.00 → $825.00 +90.00 (12.2%)
Feb 3, 2026	Sergey Glinyanov	Freedom Broker	Maintains	Hold	$530.00 → $700.00 +170.00 (32.1%)
Feb 3, 2026	Angel Castillo	Morgan Stanley	Maintains	Sell	$400.00 → $425.00 +25.00 (6.3%)
Feb 2, 2026	Jamie Cook	Truist	Maintains	Strong Buy	$729.00 → $786.00 +57.00 (7.8%)
Feb 2, 2026	Kyle Menges	Citi	Maintains	Strong Buy	$710.00 → $760.00 +50.00 (7.0%)
Feb 2, 2026	Michael Shlisky	DA Davidson	Maintains	Hold	$569.00 → $650.00 +81.00 (14.2%)
Jan 30, 2026	Stephen Volkmann	Jefferies	Maintains	Strong Buy	$750.00 → $785.00 +35.00 (4.7%)
Jan 30, 2026	Adam Seiden	Barclays	Maintains	Hold	$610.00 → $625.00 +15.00 (2.5%)
Jan 30, 2026	Michael Feniger	BofA Securities	Maintains	Strong Buy	$708.00 → $735.00 +27.00 (3.8%)
Jan 30, 2026	Tami Zakaria	JP Morgan	Maintains	Buy	$740.00 → $765.00 +25.00 (3.4%)
Jan 30, 2026	Jerry Revich	Wells Fargo	Maintains	Buy	$702.00 → $756.00 +54.00 (7.7%)
Jan 30, 2026	Kristen Owen	Oppenheimer	Maintains	Buy	$700.00 → $729.00 +29.00 (4.1%)
Jan 30, 2026	Greg Badishkanian	Wolfe Research	Maintains	Buy	$470.00 → $670.00 +200.00 (42.5%)
Jan 30, 2026	Sabahat Khan	RBC Capital	Maintains	Hold	$587.00 → $658.00 +71.00 (12.1%)
Jan 27, 2026	Stephen Volkmann	Jefferies	Maintains	Strong Buy	$700.00 → $750.00 +50.00 (7.1%)
Jan 23, 2026	Adam Seiden	Barclays	Maintains	Hold	$555.00 → $610.00 +55.00 (9.9%)
Jan 23, 2026	Jerry Revich	Wells Fargo	Maintains	Buy	$675.00 → $702.00 +27.00 (4.0%)
Jan 23, 2026	Angel Castillo	Morgan Stanley	Maintains	Sell	$395.00 → $400.00 +5.00 (1.3%)
Jan 20, 2026	Kristen Owen	Oppenheimer	Maintains	Buy	$645.00 → $700.00 +55.00 (8.5%)
Jan 14, 2026	Tami Zakaria	JP Morgan	Maintains	Buy	$730.00 → $740.00 +10.00 (1.4%)
Jan 13, 2026	Kyle Menges	Citi	Maintains	Strong Buy	$690.00 → $710.00 +20.00 (2.9%)
Jan 7, 2026	Timothy Thein	Raymond James	Maintains	Hold	-
Jan 5, 2026	Sabahat Khan	RBC Capital	Maintains	Hold	$587.00

Adam Seiden

Barclays

HoldMaintains

$625.00 → $700.00

Apr 1

Kyle Menges

Citi

Strong BuyMaintains

$760.00 → $785.00

Mar 9

Kristen Owen

Oppenheimer

BuyMaintains

$729.00 → $817.00

Mar 6

Jerry Revich

Wells Fargo

BuyMaintains

$756.00 → $870.00

Feb 25

David Raso

Evercore ISI Group

BuyMaintains

$630.00 → $878.00

Feb 23

Michael Feniger

BofA Securities

Strong BuyMaintains

$735.00 → $825.00

Feb 10

Sergey Glinyanov

Freedom Broker

HoldMaintains

$530.00 → $700.00

Feb 3

Angel Castillo

Morgan Stanley

SellMaintains

$400.00 → $425.00

Feb 3

Jamie Cook

Truist

Strong BuyMaintains

$729.00 → $786.00

Feb 2

Kyle Menges

Citi

Strong BuyMaintains

$710.00 → $760.00

Feb 2

Michael Shlisky

DA Davidson

HoldMaintains

$569.00 → $650.00

Feb 2

Stephen Volkmann

Jefferies

Strong BuyMaintains

$750.00 → $785.00

Jan 30

Adam Seiden

Barclays

HoldMaintains

$610.00 → $625.00

Jan 30

Michael Feniger

BofA Securities

Strong BuyMaintains

$708.00 → $735.00

Jan 30

Tami Zakaria

JP Morgan

BuyMaintains

$740.00 → $765.00

Jan 30

Jerry Revich

Wells Fargo

BuyMaintains

$702.00 → $756.00

Jan 30

Kristen Owen

Oppenheimer

BuyMaintains

$700.00 → $729.00

Jan 30

Greg Badishkanian

Wolfe Research

BuyMaintains

$470.00 → $670.00

Jan 30

Sabahat Khan

RBC Capital

HoldMaintains

$587.00 → $658.00

Jan 30

Stephen Volkmann

Jefferies

Strong BuyMaintains

$700.00 → $750.00

Jan 27

Adam Seiden

Barclays

HoldMaintains

$555.00 → $610.00

Jan 23

Jerry Revich

Wells Fargo

BuyMaintains

$675.00 → $702.00

Jan 23

Angel Castillo

Morgan Stanley

SellMaintains

$395.00 → $400.00

Jan 23

Kristen Owen

Oppenheimer

BuyMaintains

$645.00 → $700.00

Jan 20

Tami Zakaria

JP Morgan

BuyMaintains

$730.00 → $740.00

Jan 14

Kyle Menges

Citi

Strong BuyMaintains

$690.00 → $710.00

Jan 13

Timothy Thein

Raymond James

HoldMaintains

Jan 7

Sabahat Khan

RBC Capital

HoldMaintains

$587.00

Jan 5

Caterpillar Inc. (CAT) Analyst Forecast

Analyst Consensus Rating

Consensus Rating

Average Price Target

Latest CAT Analyst Ratings & Recommendations

Frequently Asked Questions