Where the Street stands
These are third-party analyst opinions from named firms, not advice, and not a prediction. How we score this
Analysts rate CAT a consensus Hold, with 14 buy-or-stronger ratings against 2 sells across 26 firms. The average price target stands at $975.61, implying 24.4% upside from the current $784.00. Morgan Stanley downgraded to Underweight on October 14, countering JPMorgan's maintained Overweight on the same day. The stock trades at a trailing P/E of 33.72 while posting 68.2% EPS growth and 24% revenue growth year-over-year, reflecting near-record profitability alongside a forward P/E of 24.21 and elevated leverage at 2.33x debt-to-equity.
Generated from the data on this page; may contain errors. Analyst opinions belong to the named firms. Informational only, not investment advice.
| Date | Firm | Action | Rating |
|---|---|---|---|
| Oct 14, 2024 | JPMorgan | ○ Maintained | |
| Oct 14, 2024 | Morgan Stanley | ▼ Downgrade | Equal-Weight → |
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