Caterpillar Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Caterpillar Inc. (NYSE:CAT) will release earnings for its third quarter before the opening bell on Thursday, Oct.

29. 95 per share in the year-ago period.

69 billion. 64 billion last year, according to Benzinga Pro.

On Oct. 15, Caterpillar announced Denise Johnson, group president of Resource Industries, has decided to retire effective Feb.

1, 2027. Derrick York, who currently serves as president of Solar Turbines and Caterpillar senior vice president, has been named group president of Resource Industries, effective Nov.

1, 2026. 31 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period. Oppenheimer analyst Kristen Owen maintained the stock with an Outperform rating and lowered the price target from $1,118 to $1,009 on Oct.

14, 2026. This analyst has an accuracy rate of 59%.

Citigroup analyst Kyle Menges maintained the stock with a Buy and cut the price target from $1,100 to $950 on Oct. 12, 2026.

This analyst has an accuracy rate of 73%. Truist Securities analyst Jamie Cook maintained the stock with a Buy and slashed the price target from $1,225 to $1,100 on Oct.

5, 2026. This analyst has an accuracy rate of 71%.

Freedom Broker analyst Sergey Glinyanov upgraded the stock from Hold to Buy and announced a $980 price target on Sept. 10, 2026.

This analyst has an accuracy rate of 76%. Evercore ISI Group analyst David Raso maintained the stock with an Outperform rating and cut the price target from $1,103 to $1,045 on Aug.

11, 2026. This analyst has an accuracy rate of 71%.

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