Caterpillar Forecast, price target & analysts
Caterpillar Target price 2024 - Analyst rating & recommendation
Caterpillar Classifications & Recommendation:
Caterpillar Price Target
| Target Price | $378.95 |
| Price | $405.65 |
| Deviation | 6.58% |
| Number of Estimates | 19 |
| 19 Analysts have issued a price target Caterpillar 2025 . The average Caterpillar target price is $378.95. This is 6.58% lower than the current stock price. The highest price target is $500.00 23.26% , the lowest is $250.00 38.37% . | |
| A rating was issued by 27 analysts: 10 Analysts recommend Caterpillar to buy, 10 to hold and 7 to sell. | |
| Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis. | |
| Analyst Estimates: Analysts believe that the Caterpillar stock has an average upside potential 2025 of 6.58% . Most analysts recommend the Caterpillar stock at Buy or hold. |
Sales and Margin forecast 2024, 2025 to 2028
15 Analysts have issued a sales forecast Caterpillar 2024 . The average Caterpillar sales estimate is $65.3b . This is 0.62% lower than the revenue of the last 12 months(TTM). The highest sales forecast is $65.8b 0.13% , the lowest is $64.6b 1.60% .
This results in the following potential growth metrics:
Revenue Estimates
| 2023 | $67.1b | 12.84% |
|---|---|---|
| 2024 | $65.3b | 2.69% |
| 2025 | $65.8b | 0.87% |
| 2026 | $69.0b | 4.75% |
| 2027 | $69.8b | 1.16% |
| 2028 | $71.5b | 2.44% |
17 Analysts have issued an Caterpillar EBITDA forecast 2024. The average Caterpillar EBITDA estimate is $15.4b . This is 2.65% lower than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is $17.6b 11.03% , the lowest is $14.6b 7.93% .
This results in the following potential growth metrics and future EBITDA Margins:
EBITDA Estimates
| 2023 | $16.0b | 40.80% |
|---|---|---|
| 2024 | $15.4b | 3.44% |
| 2025 | $15.3b | 0.84% |
| 2026 | $16.2b | 6.25% |
| 2027 | $16.6b | 2.23% |
| 2028 | $16.9b | 1.45% |
EBITDA Margin
| 2023 | 23.81% | 24.78% |
|---|---|---|
| 2024 | 23.63% | 0.77% |
| 2025 | 23.23% | 1.69% |
| 2026 | 23.56% | 1.42% |
| 2027 | 23.81% | 1.06% |
| 2028 | 23.58% | 0.97% |
14 Caterpillar Analysts have issued a net profit forecast 2024. The average Caterpillar net profit estimate is $10.3b . This is 1.29% lower than the net profit for the last 12 months(TTM). The highest net profit forecast is $10.6b 1.97% , the lowest is $10.0b 4.08% .
This results in the following potential growth metrics and future Net Margins:
Net Profit Estimates
| 2023 | $9.7b | 59.18% |
|---|---|---|
| 2024 | $10.3b | 5.83% |
| 2025 | $10.6b | 2.64% |
| 2026 | $11.6b | 9.74% |
| 2027 | $12.4b | 7.18% |
Net Margin
| 2023 | 14.49% | 41.06% |
|---|---|---|
| 2024 | 15.75% | 8.73% |
| 2025 | 16.03% | 1.78% |
| 2026 | 16.79% | 4.74% |
| 2027 | 17.79% | 5.96% |
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028
14 Analysts have issued a Caterpillar forecast for earnings per share. The average Caterpillar <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is $21.29 . This is 1.30% lower than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is $22.00 1.99% , the lowest is $20.69 4.08% .
This results in the following potential growth metrics and future valuations:
Earnings Per Share
| 2023 | $20.12 | 59.18% |
|---|---|---|
| 2024 | $21.29 | 5.82% |
| 2025 | $21.85 | 2.63% |
| 2026 | $23.98 | 9.75% |
| 2027 | $25.70 | 7.17% |
P/E ratio
| Current | 18.81 | 34.26% |
|---|---|---|
| 2024 | 19.05 | 1.28% |
| 2025 | 18.56 | 2.57% |
| 2026 | 16.91 | 8.89% |
| 2027 | 15.78 | 6.68% |
Based on analysts' sales estimates for 2024, the Caterpillar stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of 3.50 and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of 3.00 .
This results in the following potential growth metrics and future valuations:
EV/Sales
| Current | 3.47 | 47.66% |
|---|---|---|
| 2024 | 3.50 | 0.74% |
| 2025 | 3.47 | 0.87% |
| 2026 | 3.31 | 4.54% |
| 2027 | 3.27 | 1.15% |
| 2028 | 3.19 | 2.39% |
P/S ratio
| Current | 2.98 | 57.71% |
|---|---|---|
| 2024 | 3.00 | 0.62% |
| 2025 | 2.98 | 0.87% |
| 2026 | 2.84 | 4.53% |
| 2027 | 2.81 | 1.15% |
| 2028 | 2.74 | 2.39% |
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