Analyst Consensus ?
ConsensusHold56 ratings
Bullish3155.4%
Neutral2137.5%
Bearish47.1%
FN2 Earnings Intelligence
Caterpillar Inc. analyst ratings
Caterpillar Inc. (CAT) analyst consensus, price targets, and firm-level rating history from FN2 Research.
Analyst 52W Price Targets
$805Previous close
$164Low
$626.43Average
$1,165High
Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Sep 11, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Morgan Stanley | Equal Weight | Underweight | Upgrade | May 1, 2026 |
| HSBC Securities | Buy | Hold | Upgrade | Nov 6, 2025 |
| Erste Group | Buy | Hold | Upgrade | Oct 3, 2025 |
| Evercore ISI Group | Outperform | In Line | Upgrade | Aug 19, 2025 |
| Melius Research | Buy | Hold | Upgrade | Jul 9, 2025 |
| UBS | Neutral | Sell | Upgrade | May 16, 2025 |
| Baird | Outperform | Neutral | Upgrade | May 13, 2025 |
| Oppenheimer | Outperform | Perform | Upgrade | May 1, 2025 |
| JP Morgan | Overweight | Overweight | Maintain | Oct 14, 2024 |
| Truist Securities | Buy | Buy | Maintain | Oct 9, 2024 |
| Citigroup | Buy | Buy | Maintain | Oct 9, 2024 |
| B of A Securities | Buy | Buy | Maintain | Sep 30, 2024 |
| Barclays | Equal Weight | Equal Weight | Maintain | Aug 7, 2024 |
| HSBC | Hold | Hold | Maintain | Apr 30, 2024 |
| TD Cowen | Buy | Buy | Maintain | Apr 26, 2024 |
| Stifel | Hold | Buy | Downgrade | Apr 26, 2024 |
| Goldman Sachs | Buy | Buy | Maintain | Apr 16, 2024 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Feb 6, 2024 |
| Bernstein | Market Perform | Market Perform | Maintain | Dec 21, 2023 |
| Tigress Financial | Buy | Buy | Maintain | Nov 8, 2023 |
| Credit Suisse | Outperform | Outperform | Maintain | Aug 2, 2023 |
| DA Davidson | Outperform | Outperform | Maintain | May 9, 2023 |
| Deutsche Bank | Hold | Hold | Maintain | Apr 12, 2023 |
| Cowen & Co. | Outperform | Outperform | Maintain | Jul 7, 2022 |
| Jefferies | Buy | Hold | Upgrade | Mar 8, 2022 |
| OTR Global | Mixed | Positive | Downgrade | Jul 14, 2021 |
| BMO Capital | Market Perform | Market Perform | Maintain | Apr 30, 2021 |
| Wolfe Research | Outperform | Outperform | Maintain | Apr 13, 2021 |
| Vertical Research | Buy | Buy | Maintain | Jan 20, 2021 |
| CFRA | Sell | Sell | Maintain | Apr 28, 2020 |
| Stephens & Co. | Underweight | Underweight | Maintain | Apr 9, 2020 |
| RBC Capital | Sector Perform | Sector Perform | Maintain | Feb 3, 2020 |
| Daiwa Capital | Outperform | Neutral | Upgrade | Jan 21, 2020 |
| Standpoint Research | Hold | Buy | Downgrade | Dec 12, 2019 |
| Bank of America | Buy | Buy | Maintain | Nov 6, 2019 |
| Citi | Buy | Buy | Maintain | Sep 24, 2019 |
| Buckingham Research | Neutral | Buy | Downgrade | Jul 25, 2019 |
| DZ Bank | Hold | Sell | Upgrade | Oct 25, 2018 |
| Argus Research | Buy | Buy | Maintain | Aug 13, 2018 |
| Argus | Buy | Buy | Maintain | Aug 13, 2018 |
| Stifel Nicolaus | Hold | Hold | Maintain | Aug 7, 2018 |
| Buckingham | Buy | Buy | Maintain | Apr 11, 2018 |
| Berenberg | Buy | Buy | Maintain | Jan 18, 2018 |
| Seaport Global | Neutral | Neutral | Maintain | Sep 6, 2017 |
| Atlantic Equities | Neutral | Underweight | Upgrade | Aug 3, 2017 |
| William Blair | Market Perform | Outperform | Downgrade | Sep 25, 2015 |
| Macquarie | Underperform | Underperform | Maintain | Sep 25, 2015 |
| Axiom Capital | Sell | Sell | Maintain | Sep 24, 2015 |
| Societe Generale | Buy | Buy | Maintain | Sep 22, 2015 |
| Longbow Research | Neutral | Buy | Downgrade | Jan 28, 2015 |
| ISI Group | Buy | Neutral | Upgrade | Aug 7, 2014 |
| Susquehanna | Neutral | Positive | Downgrade | Jul 25, 2014 |
| Raymond James | Market Perform | Market Perform | Maintain | Jul 25, 2014 |
| PiperJaffray | Overweight | Neutral | Upgrade | Jan 18, 2013 |
| Piper Sandler | Overweight | Neutral | Upgrade | Jan 18, 2013 |
| Bank oferica | Buy | Buy | Maintain | Apr 16, 2012 |
Named analyst price targets
Upside is calculated against the persisted previous close $805. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Needham | Analyst unavailable | $980 | $815.56 | +21.7% | Sep 10, 2026 |
| D.A. Davidson | Analyst unavailable | $882 | $870.11 | +9.6% | Aug 6, 2026 |
| Barclays | Analyst unavailable | $900 | $871.08 | +11.8% | Aug 6, 2026 |
| Truist Financial | Analyst unavailable | $980 | $892.07 | +21.7% | Aug 5, 2026 |
| Bernstein | Chad Dillard | $1,002 | $894.52 | +24.5% | Aug 5, 2026 |
| UBS | Analyst unavailable | $925 | $897.49 | +14.9% | Aug 5, 2026 |
| Truist Financial | Analyst unavailable | $1,225 | $900.68 | +52.2% | Aug 5, 2026 |
| Robert W. Baird | Mircea Dobre | $970 | $876.54 | +20.5% | Aug 5, 2026 |
| RBC Capital | Seth Weber | $897 | $876.54 | +11.4% | Aug 5, 2026 |
| Oppenheimer | Noah Kaye | $1,118 | $876.54 | +38.9% | Aug 4, 2026 |
| Robert W. Baird | Mircea Dobre | $900 | $840.85 | +11.8% | Jul 29, 2026 |
| Oppenheimer | Analyst unavailable | $1,105 | $952.41 | +37.3% | Jul 13, 2026 |
| Truist Financial | Analyst unavailable | $1,218 | $991.41 | +51.3% | Jul 2, 2026 |
| Wells Fargo | Analyst unavailable | $1,155 | $1,022.28 | +43.5% | Jun 23, 2026 |
| UBS | Steven Fisher | $900 | $865.36 | +11.8% | Jun 2, 2026 |
| Evercore ISI | David Raso | $1,103 | $901.72 | +37.0% | May 11, 2026 |
| D.A. Davidson | Analyst unavailable | $845 | $885.34 | +5.0% | May 4, 2026 |
| Robert W. Baird | Analyst unavailable | $1,165 | $885.99 | +44.7% | May 1, 2026 |
| Truist Financial | Jamie Cook | $1,043 | $899.2 | +29.6% | May 1, 2026 |
| Oppenheimer | Kristen Owen | $980 | $890.11 | +21.7% | May 1, 2026 |
| Barclays | Analyst unavailable | $800 | $890.11 | -0.6% | May 1, 2026 |
| Morgan Stanley | Analyst unavailable | $915 | $890.11 | +13.7% | May 1, 2026 |
| Wells Fargo | Analyst unavailable | $960 | $798.4 | +19.3% | Apr 21, 2026 |
| Truist Financial | Analyst unavailable | $920 | $791.93 | +14.3% | Apr 20, 2026 |
| Morgan Stanley | Analyst unavailable | $430 | $777.2 | -46.6% | Apr 15, 2026 |
| Bernstein | Chad Dillard | $769 | $787.07 | -4.5% | Apr 9, 2026 |
| Williams Trading | Michael Feniger | $825 | $716.87 | +2.5% | Mar 10, 2026 |
| Industrial Alliance Securities | Analyst unavailable | $785 | $704.82 | -2.5% | Mar 9, 2026 |
| Morgan Stanley | Angel Castillo | $425 | $698.2 | -47.2% | Feb 3, 2026 |
| Truist Financial | Jamie Cook | $786 | $681.29 | -2.4% | Feb 2, 2026 |
| UBS | Analyst unavailable | $677 | $680.54 | -15.9% | Feb 2, 2026 |
| D.A. Davidson | Michael Shlisky | $650 | $668.04 | -19.3% | Feb 2, 2026 |
| Oppenheimer | Analyst unavailable | $729 | $665.24 | -9.4% | Jan 30, 2026 |
| Robert W. Baird | Analyst unavailable | $805 | $665.24 | +0.0% | Jan 30, 2026 |
| Bernstein | Analyst unavailable | $678 | $665.24 | -15.8% | Jan 30, 2026 |
| Wells Fargo | Analyst unavailable | $756 | $665.24 | -6.1% | Jan 30, 2026 |
| William Blair | Analyst unavailable | $735 | $665.24 | -8.7% | Jan 30, 2026 |
| Barclays | Analyst unavailable | $625 | $665.24 | -22.4% | Jan 30, 2026 |
| RBC Capital | Sabahat Khan | $658 | $665.24 | -18.3% | Jan 30, 2026 |
| Jefferies | Analyst unavailable | $750 | $642.77 | -6.8% | Jan 27, 2026 |
| Barclays | Analyst unavailable | $610 | $635.03 | -24.2% | Jan 23, 2026 |
| Wells Fargo | Analyst unavailable | $702 | $648.41 | -12.8% | Jan 23, 2026 |
| Oppenheimer | Analyst unavailable | $700 | $638.49 | -13.0% | Jan 20, 2026 |
| Bernstein | Analyst unavailable | $630 | $565.83 | -21.7% | Dec 19, 2025 |
| Morgan Stanley | Analyst unavailable | $395 | $594.5 | -50.9% | Dec 10, 2025 |
| Wells Fargo | Analyst unavailable | $675 | $553.55 | -16.1% | Nov 13, 2025 |
| HSBC | Helen Fang | $660 | $569.15 | -18.0% | Nov 5, 2025 |
| UBS | Analyst unavailable | $581 | $570.59 | -27.8% | Nov 4, 2025 |
| D.A. Davidson | Analyst unavailable | $569 | $569.67 | -29.3% | Nov 3, 2025 |
| Truist Financial | Analyst unavailable | $729 | $585.48 | -9.4% | Oct 30, 2025 |
| Morgan Stanley | Angel Castillo | $380 | $590.42 | -52.8% | Oct 30, 2025 |
| Bernstein | Analyst unavailable | $557 | $585.49 | -30.8% | Oct 30, 2025 |
| Barclays | Adam Seiden | $555 | $585.49 | -31.1% | Oct 30, 2025 |
| Barclays | Adam Seiden | $485 | $527.08 | -39.8% | Oct 20, 2025 |
| Bernstein | Chad Dillard | $502 | $504.76 | -37.6% | Oct 14, 2025 |
| UBS | Analyst unavailable | $506 | $491.3 | -37.1% | Oct 13, 2025 |
| Truist Financial | Analyst unavailable | $582 | $486.71 | -27.7% | Oct 8, 2025 |
| Robert W. Baird | Analyst unavailable | $540 | $450.66 | -32.9% | Sep 17, 2025 |
| Jefferies | Analyst unavailable | $500 | $419.04 | -37.9% | Aug 29, 2025 |
| Robert W. Baird | Analyst unavailable | $495 | $419.04 | -38.5% | Aug 29, 2025 |
| Oppenheimer | Analyst unavailable | $480 | $434.91 | -40.4% | Aug 29, 2025 |
| UBS | Steven Fisher | $357 | $353.58 | -55.7% | May 16, 2025 |
| Oppenheimer | Kristen Owen | $395 | $313.96 | -50.9% | May 1, 2025 |
| Morgan Stanley | Angel Castillo | $283 | $290.14 | -64.8% | Apr 16, 2025 |
| Morgan Stanley | Angel Castillo | $300 | $371.44 | -62.7% | Jan 31, 2025 |
| Evercore ISI | David Raso | $365 | $363 | -54.7% | Jan 13, 2025 |
| Truist Financial | Jamie Cook | $471 | $388.39 | -41.5% | Dec 19, 2024 |
| Truist Financial | Jamie Cook | $454 | $379.24 | -43.6% | Oct 30, 2024 |
| Morgan Stanley | Angel Castillo | $332 | $402.02 | -58.8% | Oct 14, 2024 |
| Bank of America Securities | Michael Feniger | $376 | $327.64 | -53.3% | Aug 7, 2024 |
| Truist Financial | Jamie Cook | $399 | $330.1 | -50.4% | Aug 7, 2024 |
| Goldman Sachs | Jerry Revich | $408 | $326.44 | -49.3% | Aug 6, 2024 |
| Tigress Financial | Ivan Feinseth | $345 | $345 | -57.1% | May 7, 2024 |
| HSBC | Helen Fang | $360 | $349.8 | -55.3% | Apr 30, 2024 |
| Truist Financial | Jamie Cook | $390 | $342.95 | -51.6% | Mar 14, 2024 |
| J.P. Morgan | Tami Zakaria | $320 | $315.09 | -60.2% | Feb 5, 2024 |
| Stifel Nicolaus | Stanley Elliott | $293 | $296.88 | -63.6% | Dec 29, 2023 |
| Stifel Nicolaus | Stanley Elliott | $300 | $242.16 | -62.7% | Oct 31, 2023 |
| Citigroup | Analyst unavailable | $260 | $247.76 | -67.7% | Feb 6, 2023 |
| Wells Fargo | Analyst unavailable | $240 | $248.73 | -70.2% | Feb 1, 2023 |
| Wells Fargo | Analyst unavailable | $228 | $248.61 | -71.7% | Jan 10, 2023 |
| Cowen & Co. | Cowen Cowen | $264 | $232.19 | -67.2% | Dec 16, 2022 |
| Morgan Stanley | Analyst unavailable | $190 | $237.82 | -76.4% | Dec 14, 2022 |
| UBS | Steven Fisher | $230 | $219.34 | -71.4% | Oct 31, 2022 |
| Robert W. Baird | Mircea Dobre | $242 | $212.14 | -69.9% | Oct 27, 2022 |
| Tigress Financial | Analyst unavailable | $266 | $166.72 | -67.0% | Sep 30, 2022 |
| Credit Suisse | Jamie Cook | $236 | $196.84 | -70.7% | Aug 15, 2022 |
| UBS | Analyst unavailable | $225 | $183.82 | -72.0% | Aug 3, 2022 |
| Wells Fargo | Analyst unavailable | $205 | $183.51 | -74.5% | Aug 3, 2022 |
| Morgan Stanley | Analyst unavailable | $142 | $176.41 | -82.4% | Jul 18, 2022 |
| Deutsche Bank | Analyst unavailable | $227 | $173.98 | -71.8% | Jul 13, 2022 |
| Cowen & Co. | Analyst unavailable | $225 | $179.61 | -72.0% | Jul 7, 2022 |
| Morgan Stanley | Analyst unavailable | $161 | $187.83 | -80.0% | Jun 23, 2022 |
| Tigress Financial | Ivan Feinseth | $282 | $195.63 | -65.0% | May 20, 2022 |
| Argus Research | John Eade | $235 | $212.07 | -70.8% | May 3, 2022 |
| Robert W. Baird | Mircea Dobre | $280 | $210.54 | -65.2% | May 1, 2022 |
| Deutsche Bank | Nicole Deblase | $240 | $210.54 | -70.2% | Apr 30, 2022 |
| Wells Fargo | Analyst unavailable | $230 | $210.96 | -71.4% | Apr 29, 2022 |
| Deutsche Bank | Nicole Deblase | $250 | $229.92 | -68.9% | Apr 19, 2022 |
| UBS | Steven Fisher | $250 | $216.05 | -68.9% | Apr 11, 2022 |
| Jefferies | Stephen Volkmann | $260 | $216.08 | -67.7% | Mar 16, 2022 |
| Wells Fargo | Seth Weber | $231 | $215.44 | -71.3% | Mar 14, 2022 |
| Evercore ISI | David Raso | $255 | $191.95 | -68.3% | Feb 21, 2022 |
| Tigress Financial | Ivan Feinseth | $278 | $198.41 | -65.5% | Feb 6, 2022 |
| Robert W. Baird | Mircea Dobre | $290 | $228.76 | -64.0% | Jan 18, 2022 |
| Citigroup | Timothy Thein | $230 | $225.9 | -71.4% | Jan 13, 2022 |
| Barclays | Adam Seiden | $225 | $225.9 | -72.0% | Jan 13, 2022 |
| Bernstein | Chad Dillard | $240 | $201.17 | -70.2% | Dec 22, 2021 |
| Morgan Stanley | Courtney Yakavonis | $164 | $203.14 | -79.6% | Dec 9, 2021 |
| BMO Capital | Joel Tiss | $230 | $206.2 | -71.4% | Aug 6, 2021 |
| Wolfe Research | Greg Badishkanian | $265 | $203.05 | -67.1% | Aug 2, 2021 |
| Goldman Sachs | Jerry Revich | $264 | $237.52 | -67.2% | May 27, 2021 |
| Stifel Nicolaus | Stanley Elliott | $245 | $224.62 | -69.6% | May 3, 2021 |
Track every rating change on CAT the moment it posts. Free to start.
Start free