
CAT
Caterpillar Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
436.400
Open
431.250
VWAP
--
Vol
2.55M
Mkt Cap
203.62B
Low
431.120
Amount
--
EV/EBITDA(TTM)
14.90
Total Shares
489.05M
EV
238.65B
EV/OCF(TTM)
21.17
P/S(TTM)
3.31
Caterpillar Inc. is a manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through its various segments, namely Construction Industries, Resource Industries, and Energy & Transportation. It also provides financing and related services through its Financial Products segment. The Construction Industries segment is primarily responsible for supporting customers using machinery in infrastructure and building construction applications. The Resource Industries segment develops and manufactures high productivity equipment for both surface and underground mining operations, as well as provide hydraulic systems, electronics and software for its machines and engines. The Energy & Transportation segment offers product and services that includes reciprocating engines, generator sets, integrated systems and solutions, turbines and turbine-related services.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2025Q3
FY2025Q2
16.47B
+1.6%
4.774
-7.11%
15.87B
-1.45%
4.790
-7.35%
16.22B
-2.8%
4.954
-17.29%
Estimates Revision
The market is revising Upward the revenue expectations for Caterpillar Inc. (CAT) for FY2025, with the revenue forecasts being adjusted by 0.78% over the past three months. During the same period, the stock price has changed by 40.84%.
Revenue Estimates for FY2025
Revise Upward

+0.78%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward

-3.11%
In Past 3 Month
Stock Price
Go Up

+40.84%
In Past 3 Month
14 Analyst Rating

-4.41% Downside
Wall Street analysts forecast CAT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CAT is 413.86 USD with a low forecast of 283.00 USD and a high forecast of 500.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
6 Hold
0 Sell
Moderate Buy

-4.41% Downside
Current: 432.940

Low
283.00
Averages
413.86
High
500.00

-4.41% Downside
Current: 432.940

Low
283.00
Averages
413.86
High
500.00
DA Davidson
Neutral
maintain
$331 -> $388
2025-07-22
Reason
DA Davidson
Price Target
$331 -> $388
2025-07-22
maintain
Neutral
Reason
DA Davidson raised the firm's price target on Caterpillar to $388 from $331 and keeps a Neutral rating on the shares. Ag is finally at trough amid a "truly historic" bottom for tractor sales, while in Trucks, the Class 8 Vocational markets may be seeing signs of strain, the analyst tells investors in a research note.
Barclays
Equal Weight
maintain
$335 -> $383
2025-07-21
Reason
Barclays
Price Target
$335 -> $383
2025-07-21
maintain
Equal Weight
Reason
Barclays raised the firm's price target on Caterpillar to $383 from $335 and keeps an Equal Weight rating on the shares as part of a Q2 preview for the machinery and construction group. The firm sees a high bar for the sector after a quarter of share outperformance. Investors are skewed away from aggregates and agriculture and more positive on machinery and construction, the analyst tells investors in a research note.
Oppenheimer
Oppenheimer
Outperform
maintain
$395 -> $483
2025-07-17
Reason
Oppenheimer
Oppenheimer
Price Target
$395 -> $483
2025-07-17
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Caterpillar to $483 from $395 and keeps an Outperform rating on the shares. Entering Q2 earnings season, the firm says investor sentiment has improved materially for short cycle and equipment-focused names in its Industrial Efficiency coverage, while it has been mixed on secular themes. Temporary reprieves on tariffs likely support Q2 margin upside for the majority of stocks under coverage, along with demand pull-forward for select names, Oppenheimer adds. Prospectively, while trade negotiations remain fluid, the firm sees signs of the industrial cycle bottoming.
Bernstein
Market Perform
upgrade
$304 -> $432
2025-07-14
Reason
Bernstein
Price Target
$304 -> $432
2025-07-14
upgrade
Market Perform
Reason
Bernstein raised the firm's price target on Caterpillar to $432 from $304 and keeps a Market Perform rating on the shares ahead of quarterly results. The firm says the chances for positive EPS revisions in pockets of its coverage are solid.
JPMorgan
Overweight
maintain
$395 -> $475
2025-07-10
Reason
JPMorgan
Price Target
$395 -> $475
2025-07-10
maintain
Overweight
Reason
JPMorgan raised the firm's price target on Caterpillar to $475 from $395 and keeps an Overweight rating on the shares. The firm attributes the recent outperformance by the machinery group to the passage of the One Big Beautiful Bill that brings back 100% bonus depreciation, delays of several Liberation Day tariffs, and the anticipation of Fidela Reserve rate cuts commencing this year. Historically, the sector has outperformed the broader market leading up to the first rate cut, the analyst tells investors in a research note. JPMorgan recommends increasing exposure to the machinery sector.
Melius Research
Hold
to
Buy
upgrade
$500
2025-07-09
Reason
Melius Research
Price Target
$500
2025-07-09
upgrade
Hold
to
Buy
Reason
Melius Research upgraded Caterpillar to Buy from Hold with a $500 price target. The firm upgraded the shares after increasing 2027 estimates "materially" to reflect an expected datacenter driven capacity increase in engines. Caterpillar's role in the "power explosion" surrounding the artificial intelligence buildout is bigger than Melius thought a few months ago, the analyst tells investors in a research note. The firm says the company's opportunity includes some baseload power and more value-added solutions in a strained grid.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Caterpillar Inc (CAT.N) is 22.46, compared to its 5-year average forward P/E of 16.74. For a more detailed relative valuation and DCF analysis to assess Caterpillar Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Overvalued
5Y Average PE
16.74
Current PE
22.46
Overvalued PE
20.29
Undervalued PE
13.18
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued
5Y Average EV/EBITDA
13.65
Current EV/EBITDA
17.32
Overvalued EV/EBITDA
15.71
Undervalued EV/EBITDA
11.59
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Overvalued
5Y Average PS
2.18
Current PS
3.21
Overvalued PS
2.57
Undervalued PS
1.79
Financials
Annual
Quarterly
FY2025Q1
YoY :
-9.81%
14.25B
Total Revenue
FY2025Q1
YoY :
-22.91%
2.94B
Operating Profit
FY2025Q1
YoY :
-29.82%
2.00B
Net Income after Tax
FY2025Q1
YoY :
-26.96%
4.20
EPS - Diluted
FY2025Q1
YoY :
-71.81%
371.00M
Free Cash Flow
FY2025Q1
YoY :
-4.89%
37.17
Gross Profit Margin - %
FY2025Q1
YoY :
-18.89%
12.45
FCF Margin - %
FY2025Q1
YoY :
-22.15%
14.06
Net Margin - %
FY2025Q1
YoY :
-10.66%
20.28
ROIC
Trading Trends
Insider
Insiders areBuying! The selling amount has increased 316.09% over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
20.6M
USD
10
0-12
Months
2.1M
USD
2
Bought
0-3
2
152.1K
USD
Months
3-6
0
0.0
USD
Months
6-9
2
76.4K
USD
Months
0-12
1
33.9K
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
68.1K
Volume
6
6-9
Months
93.0K
Volume
14
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
8
39.5K
Volume
Months
6-9
3
145.2K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
65.0K
USD
2
3-6
Months
89.0K
USD
5
6-9
Months
83.0K
USD
2
0-12
Months
16.0K
USD
2
Bought
0-3
7
80.5K
USD
Months
3-6
11
137.0K
USD
Months
6-9
2
16.0K
USD
Months
0-12
1
8.0K
USD
Months
Insider
Insiders areBuying! The selling amount has increased 316.09% over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
20.6M
USD
10
0-12
Months
2.1M
USD
2
Bought
0-3
2
152.1K
USD
Months
3-6
0
0.0
USD
Months
6-9
2
76.4K
USD
Months
0-12
1
33.9K
USD
Months
CAT News & Events
Events Timeline
2025-06-11 (ET)
2025-06-11
10:23:20
Caterpillar raises quarterly dividend 7% to $1.51 per share

2025-04-30 (ET)
2025-04-30
09:21:53
Caterpillar says no wide spread evidence of pre-buying to avoid tariffs

2025-04-30
09:10:59
Caterpillar says has taken some short-term tariff mitigation actions for Q2

Sign Up For More Events
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News
4.5
08:09 AMYahoo FinanceVietnam's Construction Equipment Market to Double by 2030 - Vietnam Construction Equipment Market Strategic Assessment & Forecast Report 2025-2030
4.5
07-28NASDAQ.COMAVLV, JPM, AMZN, CAT: ETF Inflow Alert
8.0
07-25ReutersTrump: strong dollar sounds good but 'you make a hell of a lot more' with a weaker one
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FAQ

What is Caterpillar Inc (CAT) stock price today?
The current price of CAT is 432.94 USD — it has decreased -0.19 % in the last trading day.

What is Caterpillar Inc (CAT)'s business?

What is the price predicton of CAT Stock?

What is Caterpillar Inc (CAT)'s revenue for the last quarter?

What is Caterpillar Inc (CAT)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Caterpillar Inc (CAT)'s fundamentals?

How many employees does Caterpillar Inc (CAT). have?
