Analysts divided by Caterpillara’s prospects in the midst of withdrawing prices and volatility in the market

Bofa securities Analyst Michael Feniger reduced prices on the price on Caterpillar, Inc. (Nyse:CAT) from $ 452 to $ 414 retaining a purchase rating.

Yesterday the company reported on mixed results of the FY24 in the fourth quarter. Total sales and revenues were USD $ 16.215 billion, and there was a missing consensus in the amount of $ 16,411 billion, and a custom earnings of $ 5.14 per share came above a consensus of $ 4.99.

For 2025. It is expected that the sale of a bacon ~ 1% due to adverse prices, with mild winds in other revenues of Lower effects of interest revenue and currency.

The analyst noted that the custom EPS was better than expected, but that the basic operational success of the profit.

Feniger says CAT faces the withdrawal of prices after strong gains under favorable supply conditions.

The prices of the building in the fourth quarter fell 4.6% (compared to -2.1% in the third quarter), with similar winds expected in the first quarter of 2025. The analyst adds that in the fourth quarter, traders reduced the machine supplies by $ 1.6 billion, creating A head wind in the first half of the FY25.

Feniger adjusted to softer guidelines based in 2025, and the EPS estimate reduced the USD $ 19.25 with $ 21 for $ 2025 and $ 23 with $ 25 for 2026.

Oppenheimer Analyst Kristen Owen held the performance assessment and says that, although demand for CI and Ri remains a challenge in 2025, a positive contribution to data centers helps to compensate for the impact on EPS’s prospects support the assessment.

The key risk is margin performance, because negative prices and insufficient absorption leave little space for mistakes if the demand is softened, the analyst adds. Owen expects an unstable 2025. In the midst of the uncertainty of politics, the progress of AI and the stronger background of the goods.

Goldman Sachs Analyst Jerry Revich repeated the purchase assessment on the section, as the company is well positioned for the growth of a unit profitability cycle across the cycle. The analyst picked up Prognosis price from $ 442 to $ 456.

This growth will be guided by increasing content, transitioning to the market to cat products in energy and traffic and expanding the growth of services with the technology enabled, by analyst.

Price action: Cat’s shares are reduced by 0.79% to $ 372.02 at the last check on Friday.

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