# Caterpillar (CAT) — Analyst Forecast

CAT · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cat/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 18 | 12 | 2 | 32 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $882.00 | $968.40 | $1,105.00 | 10 |

Last price $799.37 (as of Oct 13, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 12, 2026 | Citigroup | Maintained | Buy | $950.00 |
| Oct 5, 2026 | Truist Securities | Maintained | Buy | $1,100.00 |
| Sep 10, 2026 | Freedom Broker | Upgraded | Hold → Buy | $980.00 |
| Aug 11, 2026 | Evercore ISI Group | Maintained | Outperform | $1,045.00 |
| Aug 6, 2026 | Barclays | Maintained | Equal-Weight | $900.00 |
| Aug 6, 2026 | DA Davidson | Maintained | Neutral | $882.00 |
| Aug 5, 2026 | RBC Capital | Maintained | Sector Perform | $897.00 |
| Aug 5, 2026 | Truist Securities | Maintained | Buy | $1,225.00 |
| Aug 5, 2026 | UBS | Maintained | Neutral | $925.00 |
| Jul 29, 2026 | Baird | Downgraded | Outperform → Neutral | $900.00 |
| Jul 14, 2026 | Citigroup | Maintained | Buy | $1,100.00 |
| Jul 13, 2026 | Oppenheimer | Maintained | Outperform | $1,105.00 |
| Jul 2, 2026 | Truist Securities | Maintained | Buy | $1,218.00 |
| Jun 23, 2026 | Wells Fargo | Maintained | Overweight | $1,155.00 |
| May 5, 2026 | Argus Research | Maintained | Buy | $990.00 |
| May 4, 2026 | DA Davidson | Maintained | Neutral | $845.00 |
| May 4, 2026 | Citigroup | Maintained | Buy | $1,020.00 |
| May 1, 2026 | Morgan Stanley | Upgraded | Underweight → Equal-Weight | $915.00 |
| May 1, 2026 | Wells Fargo | Maintained | Overweight | $1,050.00 |
| May 1, 2026 | Barclays | Maintained | Equal-Weight | $800.00 |

## Frequently Asked Questions

### What is the price target for CAT stock?

The average 12-month analyst price target for Caterpillar (CAT) is $968.40, with a high estimate of $1,105.00 and a low of $882.00, across 10 analysts.

### Is CAT a buy, sell, or hold?

Analysts covering Caterpillar currently average a Buy rating: 18 buy, 12 hold and 2 sell, from 32 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for CAT?

The average price target of $968.40 implies 21.15% upside from the last price of $799.37.

### What is the latest analyst rating on CAT?

On Oct 12, 2026, Citigroup maintained Caterpillar at Buy with a price target of $950.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).