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Caterpillar (CAT, Construction Machinery & Heavy Transportation Equipment) Stock Valuation & Fair Value Significantly overvalued

Caterpillar (CAT, Construction Machinery & Heavy Transportation Equipment) trades at a blended P/E of 33.4, about 95% above its historical normal valuation, with a forward growth estimate of 19.7% and a PEG of 1.70. Analysts' one-year estimates have been hit 18% of the time.

DATA AS OF 2026-08-21
Blended P/E
33.4
Normal P/E
17.1
PEG
1.70
Fwd growth
19.7%
Div yield
0.8%
RSI (14)
44.1
Neutral

The Street vs SeerForecast

Wall Street's mean price target for CAT is $979.22 across 26 analysts, 18.3% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-06-03.

Price and rating by weekClose moved -7.3 percent from 2026-06-03 to 2026-08-17, with 0 rating changes over 21 recorded weeks.2026-06-03: Significantly overvalued, close 924.47 (recalculated)2026-06-10: Significantly overvalued, close 854.57 (recalculated)2026-06-14: Significantly overvalued, close 908.88 (recalculated)2026-06-16: Significantly overvalued, close 943.71 (recalculated)2026-06-21: Significantly overvalued, close 983.99 (recalculated)2026-07-02: Significantly overvalued, close 961.75 (recalculated)2026-07-06: Significantly overvalued, close 968.12 (recalculated)2026-07-09: Significantly overvalued, close 936.65 (recalculated)2026-07-12: Significantly overvalued, close 950.65 (recalculated)2026-07-13: Significantly overvalued, close 929.75 (recalculated)2026-07-14: Significantly overvalued, close 931.61 (recalculated)2026-07-20: Significantly overvalued, close 864.30 (recalculated)2026-07-22: Significantly overvalued, close 889.31 (recalculated)2026-07-25: Significantly overvalued, close 888.73 (recalculated)2026-07-27: Significantly overvalued, close 873.28 (recalculated)2026-07-31: Significantly overvalued, close 814.81 (recalculated)2026-08-03: Significantly overvalued, close 814.812026-08-07: Significantly overvalued, close 842.19 (recalculated)2026-08-10: Significantly overvalued, close 842.192026-08-14: Significantly overvalued, close 856.57 (recalculated)2026-08-17: Significantly overvalued, close 856.579248572026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 41.9+145%Significantly overvalued
2026-06-10P/E 42.4+148%Significantly overvalued
2026-06-14P/E 42.4+148%Significantly overvalued
2026-06-16P/E 42.4+148%Significantly overvalued
2026-06-21P/E 42.4+148%Significantly overvalued
2026-07-02P/E 45.5+166%Significantly overvalued
2026-07-06P/E 44.2+158%Significantly overvalued
2026-07-09P/E 44.2+158%Significantly overvalued
2026-07-12P/E 43.4+154%Significantly overvalued
2026-07-13P/E 43.4+154%Significantly overvalued
2026-07-14P/E 43.4+154%Significantly overvalued
2026-07-20P/E 39.9+133%Significantly overvalued
2026-07-22P/E 39.9+133%Significantly overvalued
2026-07-25P/E 40.1+134%Significantly overvalued
2026-07-27P/E 40.1+134%Significantly overvalued
2026-07-31P/E 36.4+112%Significantly overvalued
2026-08-03P/E 36.6+114%Significantly overvalued
2026-08-07P/E 36.0+110%Significantly overvalued
2026-08-10P/E 35.3+106%Significantly overvalued
2026-08-14P/E 35.4+107%Significantly overvalued
2026-08-17P/E 35.3+106%Significantly overvalued
2026-08-21P/E 33.4+95%Significantly overvalued ← now

Earnings moves: CAT moved more than the options market implied in 0 of 1 recent tracked reports.

Frequently asked questions

Is Caterpillar stock overvalued?

At a blended P/E of 33.4 versus its historical normal P/E of 17.1, Caterpillar trades about 95% above its typical valuation, with a PEG of 1.70 on 19.7% forward growth. tickerseer currently rates it significantly overvalued.

What is Caterpillar's fair value and PEG?

Caterpillar trades at a blended P/E of 33.4 against a historical normal P/E of 17.1, a PEG of 1.70, and a forward growth estimate of 19.7%.

Has tickerseer's rating of Caterpillar changed?

tickerseer's rating has been significantly overvalued since 2026-06-03.

What is the analyst price target for Caterpillar?

The mean Wall Street price target for Caterpillar is $979.22 across 26 analysts, 18.3% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Construction Machinery & Heavy Transportation Equipment. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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