Caterpillar's recent performance has been influenced by mixed earnings reports and market sentiment. Despite beating earnings estimates, the company reported lower-than-expected revenues, leading to a stock dip. Analysts have noted that Caterpillar is near the peak of its financial cycle, with concerns about declining price realization and service revenue growth.
Based on the analysis, Caterpillar's stock is expected to trade between $340 and $355 next week. The stock may face resistance at $357, leading to a slight downward movement.
Sell if the stock approaches the resistance level of $357.47, as it may encounter selling pressure. Consider Buy if the stock dips to the support level of $324.04, indicating a potential rebound.
The price of CAT is predicted to go up -0.84%, based on the high correlation periods with RVP. The similarity of these two price pattern on the periods is 98.13%.
CAT
RVP
Year
CAT Price Forecast($)
Potential Return(%)
2025
363.300
-0.130
2026
420.000
22.110
2027
490.000
42.460
2028
450.000
30.830
2029
480.000
39.560
2030
500.000
45.370
Increased infrastructure spending in the US and emerging markets will lead to more construction equipment purchases, substantially boosting Caterpillar's sales growth.
Higher fixed-asset investment growth in China strengthens support for increased investment in mining capital expenditures, benefiting Caterpillar.
Oil price gains will lead to increased oil and gas capital expenditures, leading to more engine, transmission, and pump sales for Caterpillar.
Citigroup
2025-01-31
Price Target
$420 → $430
Upside
+15.77%
JP Morgan
2025-01-31
Price Target
$515 → $490
Upside
+31.92%
B of A Securities
2025-01-31
Price Target
$452 → $414
Upside
+11.46%