Caterpillar Inc. (CAT) Stock Forecast
CAT analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.96 / 5 from 28 analysts
- Price target
- $951.11 average of analyst targets
- Upside to target
- +30.2% from the latest close
- Next earnings
- October 29, 2026 EPS estimate $6.95
- 52-week range
- $513.91 – $1,064.90
CAT analyst ratings
28 analystsNumber of analysts at each rating.
CAT price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
CAT earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $7.03 | $6.23 | $8.48 | $4.95 | +42.1% | 22 |
| Current fiscal year (2026) | $27.33 | $24.26 | $30.47 | $19.06 | +43.4% | 27 |
| Next fiscal year (2027) | $32.59 | $28.58 | $36.23 | $27.33 | +19.2% | 27 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
CAT revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $20.69B | $19.96B | $23.07B | +17.3% | 12 |
| Current fiscal year (2026) | $79.60B | $75.93B | $85.62B | +17.8% | 17 |
| Next fiscal year (2027) | $88.67B | $82.63B | $95.43B | +11.4% | 17 |
CAT EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
CAT revenue: reported and forecast
CAT EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $6.48 | $6.92 | $6.92 | $6.93 | $7.03 | +8.6% | 1 up · 0 down |
| Current fiscal year (2026) | $24.78 | $27.06 | $27.19 | $27.20 | $27.33 | +10.3% | 1 up · 1 down |
| Next fiscal year (2027) | $30.46 | $32.05 | $32.38 | $32.42 | $32.59 | +7.0% | 1 up · 1 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
CAT earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; CAT beat in 9 of 12.
What analysts expect from CAT
28 analysts cover Caterpillar; their consensus rating is buy (3.96 on a 1–5 scale, where 5 is a strong buy). The average price target is $951.11, 30.2% above the latest close of $730.76. Analysts expect earnings of $27.33 per share for 2026, +43.4% from a year earlier. For 2027 the average estimate is $32.59 per share on revenue of $88.7 billion. Caterpillar beat the EPS estimate in 9 of the last 12 quarters.
Related: CAT income statement, CAT key metrics, CAT chart. See the CAT stock overview for the latest quote and news.
CAT forecast FAQ
What is Caterpillar's price target?
The average analyst price target for Caterpillar is $951.11, 30.2% above the latest close of $730.76.
Is Caterpillar a buy, hold or sell?
Of 28 analysts covering Caterpillar, 14 rate it a strong buy, 1 a buy, 12 a hold, 0 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Caterpillar's EPS forecast?
Analysts forecast $27.33 per share for 2026 (range $24.26 to $30.47); for 2027 the estimate is $32.59.
What is Caterpillar's revenue forecast?
The average revenue estimate for 2026 is $79.6 billion, growth of 17.8%; for 2027 it is $88.7 billion.
When does Caterpillar report earnings?
Caterpillar is expected to report results for the quarter ending September 30, 2026 on October 29, 2026 before the market opens; the EPS estimate is $6.95.
Does Caterpillar usually beat earnings estimates?
Caterpillar reported EPS at or above the analyst estimate in 9 of the last 12 quarters.