Caterpillar (CAT) Stock Forecast for 2023 – 2026. Sell or Buy Prediction







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Caterpillar (CAT) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: March 2, 2024 (02:00)

Sector: Industrials

The share price of Caterpillar Inc. (CAT) now

Latest session on the 1st of March for
Caterpillar Inc. is positive
Trading Volume: 1807702
Open: 334 /  High: 337.77 /  Low: 333.6
What analysts predict: $309.76
52-week High/Low: $334.87 / $201.06

50/200 Day Moving Average: $296.69 / $263.98

This figure corresponds to the Average Price over the previous 50/200 days. For Caterpillar stocks, the 50-day moving average is the support level today.

For Caterpillar stocks, the 200-day moving average is the support level today.

Are you interested in Caterpillar Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Caterpillar stock price in 2024, 2025, 2026, 2027, 2028. How much will one Caterpillar share be worth in 2024 - 2028?

When should I take profit in Caterpillar stock? When should I record a loss on Caterpillar stock? What are analysts' forecasts for Caterpillar stock? What is the future of Caterpillar stock? We forecast Caterpillar stock performance using neural networks based on historical data on Caterpillar stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Caterpillar stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Caterpillar shares. This happens once a day.


Historical and forecast chart of Caterpillar stock

The chart below shows the historical price of Caterpillar stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Caterpillar stock price can be found in the table below.

Long-term forecasts by years.

Caterpillar Inc. is revolutionizing the industrial sphere with its cutting-edge construction and machinery operations, logistics integration, and service distribution. Apart from leveraging artificial intelligence in autonomous machinery, Caterpillar also stands out for its exceptional dividend growth, which spans years, as opposed to the industry average of two years—a whopping 1,350% difference.

Caterpillar’s consistency grade reveals some tempting valuation metrics. The company’s forward P/E sits at an appealing 14.66x when compared to the industry’s 19.53x. Its forward PEG also beats the industry average at 1.06x compared to 1.66x.

Caterpillar (CAT) Stock Forecast

With heightened demand for construction equipment, CAT benefited from corporate restocks in the first half of 2023. As a global heavy machinery leader, Caterpillar will likely see a boost in sales growth as economies rebound and U.S. infrastructure spending climbs.

In the past 90 days alone, strong earnings exceeding predictions have triggered 24 FY1 upward analyst revisions. The second quarter reported an EPS of $5.55 that outrightly outperformed by $0.97 and revenues shot up nearly 22% year-over-year at $17.32 billion.

Company CEO James Umpleby shed light on CAT’s robust dividend growth grade and free cash flow performance during a recent Q2 earnings call.
He announced a healthy ME&T free cash flow of $2.6 billion collected during Q2 itself, wherein they returned $2 billion to shareholders—$1.4 billion via stock repurchase and $600 million through dividends.

Umpleby proudly stated an anticipated dividend increase of 8%, resulting in a quarterly dividend per share climbing by an impressive 51% since May 2019 when they launched their existing capital allocation strategy.

Caterpillar solidifies its stance as a dependable investment option with its commendable dividend scorecard which includes a 26.82% dividend payout ratio, superior B+ dividend safety grade, and a five-year growth rate of 8.9%. These promising facets make Caterpillar a worthy contestant for your investment portfolio inclusion.

The Reasons Why You Should Consider Buying Caterpillar

Caterpillar stands out as a solid investment choice, particularly because it boasts the status of a dividend aristocrat, with over 25 successive years of increasing dividends—a testament to its financial resilience. Despite its stock taking a hit and tumbling from nearly $300 down to about $226 in the past three months, savvy investors might see this as a buying opportunity, seeing that shares have since rebounded to around $246.

This company is a mainstay in the construction and mining sectors, known for manufacturing heavy-duty equipment that’s crucial for infrastructure development. Whether you pass by a construction site on your way to work or notice renovations at your local shopping center, there’s a good chance Caterpillar machinery is at the heart of these projects. With an ever-present demand for construction and development, Caterpillar’s foothold in supplying necessary equipment seems robust.

Considering this strong market position, it’s logical for an investor to consider Caterpillar as a potentially lucrative long-term bet. The pertinent questions remain about the company’s capacity for growth and its future outlook, but with its indispensable role in ongoing global development, Caterpillar appears well-positioned for enduring success.

Conservative Growth Outlook

Caterpillar has been growing earnings at a modest rate of around 3% a year, and despite a less rosy forecast compared to the last five years, they still favor the slow but stable progress. Overall financial metrics are ticking up slightly, with earnings and revenue expected to inch up by around 1.7% and 3.2%, while operating cash flow and free cash flow are looking at around 4% growth over the next couple of years.

Even though these numbers aren’t eye-popping, given the shaky economic outlook and potential recession on the horizon, this kind of growth is seen as commendable. What’s more, Caterpillar has surpassed expectations with a solid latest earnings report—sales are up 12%, profit margins have improved, and they’ve generated significant free cash flow while continuing to reward shareholders generously through buybacks and dividends.

Solid Financial Standing

One key aspect that labels a stock as top-tier is its robust financial health. By the conclusion of the recent quarter, Caterpillar (CAT) had an impressive $6.5 billion nest egg on hand, backed up by a sturdy interest coverage ratio. Plus, they’d stashed away an extra $4.3 billion in slightly longer-term liquid stocks to pump up returns on their cash reserves.

When matched against other market players, CAT flaunts one of the lowest net debt-to-EBITDA ratios at a minor 0.47x—well below competitors such as Cummins Inc. (CMI), and Deere & Co.(DE), both clocking in 1.10x apiece. Although CAT’s debt has seen a marginal uptick over the past years, the company has managed to keep its cash and debt balance steady.

Compared to its rivals, though, CAT does shoulder a significantly larger debt that might ruffle feathers among investors, especially considering the current high interest rate scenario. However, for a large-cap company with a fortified competitive advantage like Caterpillar, this is hardly cause for sleepless nights.

Official site of the company

Caterpillar daily forecast for a month

Date Target Pes. Opt. Vol., %
Mar 03 343.15 340.49 347.18 1.97
Mar 04 342.20 336.30 347.77 3.41
Mar 05 346.40 342.15 348.13 1.75
Mar 06 349.17 343.32 351.96 2.52
Mar 07 351.61 346.69 357.59 3.14
Mar 08 356.62 351.81 359.12 2.08
Mar 09 360.63 355.95 367.67 3.29
Mar 10 358.38 351.39 362.41 3.14
Mar 11 363.31 358.13 365.49 2.05
Mar 12 361.58 359.68 366.28 1.83
Mar 13 359.05 355.82 363.99 2.30
Mar 14 360.94 357.33 363.91 1.84
Mar 15 360.03 356.61 367.14 2.95
Mar 16 360.57 354.35 365.08 3.03
Mar 17 358.59 355.81 360.38 1.28
Mar 18 364.87 359.21 370.34 3.10
Mar 19 361.86 357.51 363.76 1.75
Mar 20 366.65 361.52 372.79 3.12
Mar 21 370.04 363.94 374.95 3.02
Mar 22 371.24 367.81 373.57 1.56
Mar 23 369.30 367.17 374.65 2.04
Mar 24 369.11 364.13 373.54 2.58
Mar 25 366.62 362.95 370.38 2.05
Mar 26 373.04 369.21 379.84 2.88
Mar 27 378.54 371.25 384.97 3.70
Mar 28 382.42 380.51 389.59 2.39
Mar 29 374.48 371.11 377.20 1.64
Mar 30 373.73 369.25 378.22 2.43
Mar 31 369.62 362.88 373.69 2.98
Apr 01 367.22 360.89 373.28 3.43

Caterpillar Daily Price Targets


Caterpillar Stock Forecast 03-03-2024.

Forecast target price for 03-03-2024: $343.15.
Positive dynamics for Caterpillar shares will prevail with possible volatility of 1.928%.
Pessimistic target level: 340.49
Optimistic target level: 347.18

Caterpillar Stock Forecast 03-04-2024.

Forecast target price for 03-04-2024: $342.20.
Negative dynamics for Caterpillar shares will prevail with possible volatility of 3.296%.
Pessimistic target level: 336.30
Optimistic target level: 347.77

Caterpillar Stock Forecast 03-05-2024.

Forecast target price for 03-05-2024: $346.40.
Positive dynamics for Caterpillar shares will prevail with possible volatility of 1.716%.
Pessimistic target level: 342.15
Optimistic target level: 348.13

Caterpillar Stock Forecast 03-06-2024.

Forecast target price for 03-06-2024: $349.17.
Positive dynamics for Caterpillar shares will prevail with possible volatility of 2.455%.
Pessimistic target level: 343.32
Optimistic target level: 351.96

Caterpillar Stock Forecast 03-07-2024.

Forecast target price for 03-07-2024: $351.61.
Positive dynamics for Caterpillar shares will prevail with possible volatility of 3.048%.
Pessimistic target level: 346.69
Optimistic target level: 357.59

Caterpillar Stock Forecast 03-08-2024.

Forecast target price for 03-08-2024: $356.62.
Positive dynamics for Caterpillar shares will prevail with possible volatility of 2.036%.
Pessimistic target level: 351.81
Optimistic target level: 359.12

CAT (CAT) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Mar. 333.91 307.53 350.94 12.37
Apr. 357.62 337.59 378.00 10.69
May. 344.39 329.23 355.75 7.45
Jun. 310.64 289.20 321.20 9.96
Jul. 318.71 301.82 329.23 8.33
Aug. 307.56 301.41 330.93 8.92
Sep. 312.48 291.54 333.73 12.64
Oct. 325.60 307.69 337.65 8.87
Nov. 332.12 315.51 349.05 9.61
Dec. 338.09 319.50 357.36 10.60

Caterpillar forecast for this year


Caterpillar Stock Prediction for Mar 2024

An downtrend is forecast for this month with an optimal target price of $333.91. Pessimistic: $307.53. Optimistic: $350.94


Caterpillar Stock Prediction for Apr 2024

An uptrend is forecast for this month with an optimal target price of $357.618. Pessimistic: $337.59. Optimistic: $378.00


Caterpillar Stock Prediction for May 2024

An downtrend is forecast for this month with an optimal target price of $344.386. Pessimistic: $329.23. Optimistic: $355.75


Caterpillar Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $310.636. Pessimistic: $289.20. Optimistic: $321.20


Caterpillar Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $318.712. Pessimistic: $301.82. Optimistic: $329.23


Caterpillar Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $307.558. Pessimistic: $301.41. Optimistic: $330.93


Caterpillar Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $312.478. Pessimistic: $291.54. Optimistic: $333.73


Caterpillar Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $325.603. Pessimistic: $307.69. Optimistic: $337.65


Caterpillar Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $332.115. Pessimistic: $315.51. Optimistic: $349.05


Caterpillar Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $338.093. Pessimistic: $319.50. Optimistic: $357.36



Caterpillar (CAT) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 336.74 325.63 356.27 8.60
Feb 347.52 336.40 360.37 6.65
Mar 344.04 326.50 361.59 9.70
Apr 351.95 334.71 374.13 10.54
May 376.59 365.29 389.77 6.28
Jun 381.49 362.41 400.94 9.61
Jul 415.06 402.19 446.60 9.94
Aug 415.89 407.15 431.28 5.59
Sep 435.43 422.81 462.87 8.65
Oct 444.58 413.90 467.70 11.50
Nov 430.35 416.15 451.87 7.90
Dec 451.01 420.34 471.76 10.90

Caterpillar (CAT) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 438.83 413.38 457.26 9.60
Feb 464.28 429.93 481.00 10.62
Mar 483.78 465.88 510.39 8.72
Apr 503.62 464.84 525.27 11.51
May 543.91 518.89 567.30 8.53
Jun 489.52 478.26 516.93 7.48
Jul 474.34 451.57 511.82 11.77
Aug 478.14 462.36 494.39 6.48
Sep 493.44 475.67 506.76 6.13
Oct 470.74 446.26 498.51 10.48
Nov 502.75 479.62 512.80 6.47
Dec 529.90 497.04 541.56 8.22

Caterpillar (CAT) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 512.41 485.25 542.13 10.49
Feb 516.51 491.72 555.25 11.44
Mar 518.58 498.87 554.88 10.09
Apr 519.61 490.52 548.19 10.52
May 535.20 496.67 560.89 11.45
Jun 559.82 521.75 581.65 10.30
Jul 543.03 500.13 562.58 11.10
Aug 520.76 481.19 557.22 13.64
Sep 528.05 486.34 548.65 11.36
Oct 549.70 530.46 579.39 8.44
Nov 568.94 526.27 603.65 12.82
Dec 624.13 607.90 637.24 4.60

Caterpillar (CAT) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 601.04 580.60 635.90 8.70
Feb 650.32 599.60 688.69 12.94
Mar 635.37 604.87 657.60 8.02
Apr 693.18 671.70 708.43 5.19
May 744.48 720.66 764.58 5.74
Jun 693.85 664.02 718.83 7.63
Jul 664.71 651.42 680.67 4.30
Aug 608.88 564.43 653.93 13.69
Sep 554.69 535.27 584.09 8.36
Oct 541.37 513.22 565.20 9.20
Nov 590.10 558.23 636.13 12.24
Dec 568.26 540.42 610.88 11.53

Caterpillar information and performance

Caterpillar Address

510 LAKE COOK ROAD, SUITE 100, DEERFIELD, IL, US

Market Capitalization: 160 844 333 000 $

Market capitalization of the Caterpillar Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CAT shares in the company outstanding by the market price of one share.

EBITDA: 15 736 001 000 $

EBITDA of Caterpillar is earnings before interest, income tax and depreciation of assets.

PE Ratio: 16.0

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.85

Price/earnings to growth

DPS: 5.1

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0161

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 20.13

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.893
Quarterly Revenue Growth YOY: 0.029
Trailing PE: 16.0

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 15.17

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.859

Enterprise Value (EV) /Revenue

EV To EBITDA: 12.21

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 499377000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Caterpillar (CAT) stock dividend

Caterpillar last paid dividends on 01/19/2024. The next scheduled payment will be on 02/20/2024. The amount of dividends is $5.1 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.