Caterpillar (CAT) stock forecast for 2024

The forecast has been updated: June 3, 2023 10:36


Caterpillar stock price online today

Analyst Target Price

236.58

Dividend Date

19.05.2023

Ex Dividend Date

21.04.2023

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell Caterpillar stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? Caterpillar stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $236.58 target price for Caterpillar stock stock.

Today 200 Day Moving Average is the support level (218.98 $).

50 Day Moving Average is the support level (216.6 $).




CAT Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 292.75 279.28 301.82 7.47 %
Feb 303.87 281.38 315.11 10.70 %
Mar 310.56 293.16 327.33 10.44 %
Apr 288.82 268.60 300.37 10.58 %
May 295.17 273.92 310.22 11.70 %
Jun 278.94 261.08 297.07 12.11 %
Jul 278.10 256.69 286.72 10.48 %
Aug 264.19 243.32 284.54 14.48 %
Sep 290.35 281.35 304.87 7.71 %
Oct 299.64 279.27 314.32 11.15 %
Nov 284.66 277.83 290.35 4.31 %
Dec 290.07 269.47 300.22 10.24 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of Caterpillar stock.


Caterpillar overview

Caterpillar Address

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

Market Capitalization

106 034 400 000 $

EBITDA

12 711 999 000

PE Ratio

13.58

PEG Ratio

1.557

Dividend Per Share

3.6

Dividend Yield

0.0219

EPS

13.53

Quarterly Earnings Growth YOY

0.308

Quarterly Revenue Growth YOY

0.167

Trailing PE

15.46

Forward PE

15.9

EV To Revenue

2.688

EV To EBITDA

12.79

52 Week High

264.6

52 Week Low

157.92

50 Day Moving Average

216.6

200 Day Moving Average

218.98

Shares Outstanding

516346000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

Caterpillar stock forecast for this year


Caterpillar stock forecast for Jan 2024.
Estimated Average Forecasted Caterpillar Price: 292.75. Positive monthly dynamics of the instrument is expected with 7.469% volatility is expected.

Pessimistic forecast: 279.28

Optimistic: 301.82


Caterpillar stock forecast for Feb 2024.
Estimated Average Forecasted Caterpillar Price: 303.87. Positive monthly dynamics of the instrument is expected with 10.704% volatility is expected.

Pessimistic forecast: 281.38

Optimistic: 315.11


Caterpillar stock forecast for Mar 2024.
Estimated Average Forecasted Caterpillar Price: 310.56. Positive monthly dynamics of the instrument is expected with 10.436% volatility is expected.

Pessimistic forecast: 293.16

Optimistic: 327.33


Caterpillar stock forecast for Apr 2024.
Estimated Average Forecasted Caterpillar Price: 288.82. Negative monthly dynamics of the instrument is expected with 10.577% volatility is expected.

Pessimistic forecast: 268.60

Optimistic: 300.37


Caterpillar stock forecast for May 2024.
Estimated Average Forecasted Caterpillar Price: 295.17. Positive monthly dynamics of the instrument is expected with 11.703% volatility is expected.

Pessimistic forecast: 273.92

Optimistic: 310.22


Caterpillar stock forecast for Jun 2024.
Estimated Average Forecasted Caterpillar Price: 278.94. Negative monthly dynamics of the instrument is expected with 12.113% volatility is expected.

Pessimistic forecast: 261.08

Optimistic: 297.07


Caterpillar stock forecast for Jul 2024.
Estimated Average Forecasted Caterpillar Price: 278.10. Negative monthly dynamics of the instrument is expected with 10.475% volatility is expected.

Pessimistic forecast: 256.69

Optimistic: 286.72


Caterpillar stock forecast for Aug 2024.
Estimated Average Forecasted Caterpillar Price: 264.19. Negative monthly dynamics of the instrument is expected with 14.485% volatility is expected.

Pessimistic forecast: 243.32

Optimistic: 284.54


Caterpillar stock forecast for Sep 2024.
Estimated Average Forecasted Caterpillar Price: 290.35. Positive monthly dynamics of the instrument is expected with 7.715% volatility is expected.

Pessimistic forecast: 281.35

Optimistic: 304.87


Caterpillar stock forecast for Oct 2024.
Estimated Average Forecasted Caterpillar Price: 299.64. Positive monthly dynamics of the instrument is expected with 11.153% volatility is expected.

Pessimistic forecast: 279.27

Optimistic: 314.32


Caterpillar stock forecast for Nov 2024.
Estimated Average Forecasted Caterpillar Price: 284.66. Negative monthly dynamics of the instrument is expected with 4.314% volatility is expected.

Pessimistic forecast: 277.83

Optimistic: 290.35


Caterpillar stock forecast for Dec 2024.
Estimated Average Forecasted Caterpillar Price: 290.07. Positive monthly dynamics of the instrument is expected with 10.242% volatility is expected.

Pessimistic forecast: 269.47

Optimistic: 300.22



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