NYSE:CAT

Caterpillar (CAT) Price Target & Analyst Ratings

$214.72

+2.62 (+1.24%)

(As of 05/18/2023 ET)

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Today's Range: $210.23
▼
$215.66
50-Day Range: $207.20
▼
$240.96
52-Week Range: $160.60
▼
$266.04

Volume: 2.60 million shs
Average Volume: 3.26 million shs
Market Capitalization: $110.66 billion

P/E Ratio: 15.87
Dividend Yield: 2.24%
Price Target: $238.94

Caterpillar Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 16 Analyst Ratings

Consensus Analyst Price Target

$238.94
11.28% Upside

High Prediction	$306.00
Average Prediction	$238.94
Low Prediction	$180.00

Type	Current 5/18/22 to 5/18/23	1 Month Ago 4/18/22 to 4/18/23	3 Months Ago 2/17/22 to 2/17/23	1 Year Ago 5/18/21 to 5/18/22
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	8 Buy rating(s)	10 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	8 Hold rating(s)	3 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$238.94	$238.59	$242.33	$242.29
Predicted Upside	11.28% Upside	7.29% Upside	9.70% Upside	16.49% Upside

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CAT Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CAT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Caterpillar Stock vs. The Competition

Type	Caterpillar	Industrial Products Companies	S&P 500
Consensus Rating Score	2.25	2.53	2.48
Consensus Rating	Hold	Buy	Hold
Predicted Upside	12.29% Upside	102.31% Upside	169.76% Upside
News Sentiment Rating	Positive News	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/9/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$288.00 ➝ $263.00	+22.45%
5/8/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$185.00 ➝ $180.00	-16.31%
5/1/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$273.00 ➝ $275.00	+25.69%
4/28/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$210.00 ➝ $208.00	-2.95%
4/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$228.00 ➝ $225.00	+1.99%
2/7/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$210.00 ➝ $230.00	-7.53%

2/1/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$228.00 ➝ $240.00	-4.53%
2/1/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$290.00 ➝ $306.00	+21.29%
2/1/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$200.00 ➝ $225.00	-10.82%
1/31/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. De. Maria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Market Perform
1/13/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$217.00 ➝ $295.00	+15.65%
12/14/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$250.00	+6.77%
12/14/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight	$174.00 ➝ $190.00	-19.97%
12/9/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$240.00 ➝ $264.00	+14.60%
11/1/2022	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$205.00	-6.18%
10/6/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$205.00 ➝ $220.00	+23.33%
9/30/2022	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Ivan Feinseth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy	$282.00 ➝ $266.00	+60.34%
8/3/2022	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$195.00	+6.26%

(Data available from 5/18/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

CAT Price Target - Frequently Asked Questions

What is Caterpillar's consensus rating and price target?: According to the issued ratings of 16 analysts in the last year, the consensus rating for Caterpillar stock is Hold based on the current 3 sell ratings, 6 hold ratings and 7 buy ratings for CAT. The average twelve-month price prediction for Caterpillar is $238.94 with a high price target of $306.00 and a low price target of $180.00. Learn more on CAT's analyst rating history.
Do Wall Street analysts like Caterpillar more than its competitors?: Analysts like Caterpillar less than other Industrial Products companies. The consensus rating for Caterpillar is Hold while the average consensus rating for industrial products companies is Buy. Learn more on how CAT compares to other companies.
Is Caterpillar being downgraded by Wall Street analysts?: Over the previous 90 days, Caterpillar's stock had 2 downgrades by analysts.

Does Caterpillar's stock price have much upside?: According to analysts, Caterpillar's stock has a predicted upside of 8.23% based on their 12-month price targets.
What analysts cover Caterpillar?: Caterpillar has been rated by Deutsche Bank Aktiengesellschaft, Evercore ISI, Robert W. Baird, Stifel Nicolaus, and UBS Group in the past 90 days.

Stock Ratings Reports and Tools

This page (NYSE:CAT) was last updated on 5/18/2023 by MarketBeat.com Staff

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