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CAT Stock Chart & Stats
$811.29
-$5.81(-0.65%)
At close: 4:00 PM EDT
$811.29
-$5.81(-0.65%)
Day’s Range― - ―
52-Week Range$510.21 - $1,073.46
Previous CloseN/A
Volume1.98M
Average Volume (3M)2.42M
Market Cap
$333.63B
Enterprise Value$530.95B
Total Cash (Recent Filing)$6.71B
Total Debt (Recent Filing)$45.15B
Price to Earnings (P/E)31.1
Beta1.07
Next Earnings
Oct 29, 2026EPS Estimate
7.04Next Dividend Ex-DateN/A
Dividend Yield0.87%
Share Statistics
EPS (TTM)23.34
Shares Outstanding459,674,900
10 Day Avg. Volume2,839,476
30 Day Avg. Volume2,424,671
Financial Highlights & Ratios
PEG Ratio-2.06
Price to Book (P/B)12.54
Price to Sales (P/S)3.95
P/FCF Ratio35.86
Enterprise Value/Market Cap1.59
Enterprise Value/Revenue7.10
Enterprise Value/Gross Profit20.98
Enterprise Value/Ebitda30.51
Forecast
1Y Price Target
$974.33Price Target Upside20.10% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
EPS Forecast (FY)27.39
Revenue Forecast (FY)$79.95B
Bulls Say, Bears Say
Bulls Say
Installed-base Aftermarket StrengthCaterpillar’s large installed base supports recurring parts, maintenance, rebuild and technology revenue after the initial equipment sale. This lifecycle model can moderate equipment-cycle volatility, deepen dealer relationships, and provide durable earnings support as fleets remain in operation.
Strong Cash GenerationHigh operating cash flow and approximately 93% free-cash-flow conversion indicate that reported earnings are translating into liquidity. This supports continued investment, shareholder returns and financial resilience, while giving management resources to fund capacity and service initiatives.
Backlog And Growth VisibilityThe expanded backlog provides meaningful revenue visibility beyond a single quarter, with most orders scheduled for delivery within a year. Combined with raised sales guidance and broad segment growth, it supports near-term operating momentum and better capacity planning.
Bears Say
Elevated LeverageDebt materially exceeds equity and operating cash flow covers only a moderate portion of total debt, leaving less flexibility if equipment demand weakens or financing costs rise. Leverage can amplify returns in strong cycles but increases downside exposure during a downturn.
Tariff Cost PressureExpected tariff costs of approximately $2.2 billion create a substantial ongoing burden for 2026 and can reduce margins unless offset by pricing, productivity or recoveries. The lack of assumed second-half recoveries makes the pressure more persistent across the outlook period.
Cyclical And Regional Demand ExposureDemand remains uneven across regions and applications, while the expected construction-dealer inventory drawdown could reduce reported volume in the second half. This highlights Caterpillar’s exposure to cyclical customer spending and channel normalization despite strong backlog.
Caterpillar News
CAT FAQ
What was Caterpillar’s price range in the past 12 months?
Caterpillar lowest stock price was $510.21 and its highest was $1073.46 in the past 12 months.
What is Caterpillar’s market cap?
Caterpillar’s market cap is $333.63B.
When is Caterpillar’s upcoming earnings report date?
Caterpillar’s upcoming earnings report date is Oct 29, 2026 which is in 8 days.
How were Caterpillar’s earnings last quarter?
Caterpillar released its earnings results on Aug 04, 2026. The company reported $8.17 earnings per share for the quarter, beating the consensus estimate of $6.216 by $1.954.
Is Caterpillar overvalued?
According to Wall Street analysts Caterpillar’s price is currently Undervalued.
Does Caterpillar pay dividends?
Caterpillar pays a Quarterly dividend of $1.63 which represents an annual dividend yield of 0.87%. See more information on Caterpillar dividends here
What is Caterpillar’s EPS estimate?
Caterpillar’s EPS estimate is 7.04.
How many shares outstanding does Caterpillar have?
Caterpillar has 459,674,900 shares outstanding.
What happened to Caterpillar’s price movement after its last earnings report?
Caterpillar reported an EPS of $8.17 in its last earnings report, beating expectations of $6.216. Following the earnings report the stock price went up 5.603%.
Which hedge fund is a major shareholder of Caterpillar?
Currently, no hedge funds are holding shares in CAT
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Caterpillar Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$974.33 (20.10% Upside)
$974.33 (20.10% Upside)
Blogger Sentiment
Bullish
CAT Sentiment 66%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 39.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $26.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Negative
20 days / 200 days
Momentum
38.93%
12-Months-Change
Fundamentals
Return on Equity
54.14%
Trailing 12-Months
Asset Growth
13.60%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Caterpillar
Caterpillar Inc., a global enterprise founded in 1925 and headquartered in Deerfield, Illinois (having previously operated as Caterpillar Tractor Co. until its rebranding in 1986), is a premier manufacturer and vendor of heavy construction and mining equipment, diesel and natural gas power units, and industrial gas turbines across the world. The company's extensive offerings are organized into several operational divisions: Construction Industries: This segment delivers a broad spectrum of machinery for construction projects, including asphalt pavers, versatile backhoe and skid steer loaders, various sizes of excavators (from compact to heavy-duty), compactors, road-building equipment like cold planers and motorgraders, pipelayers, site preparation tractors, telehandlers, and utility vehicles, alongside a range of wheel loaders and track-type equipment. Resource Industries: Dedicated to the mining sector, this division supplies powerful equipment such as electric rope and hydraulic shovels, draglines, rotary drills, specialized hard rock vehicles, and a diverse fleet of mining, off-highway, and articulated trucks. It also offers longwall miners, wheel dozers, fleet management systems, autonomous vehicle solutions, crucial machinery components, selected work tools, and comprehensive safety and performance solutions for mining operations. Energy & Transportation: This segment focuses on power generation and propulsion systems. It provides reciprocating engines, generator sets, integrated power solutions, industrial turbines and associated services, remanufactured engines and parts, centrifugal gas compressors, and diesel-electric locomotives with related components and services. These products serve critical sectors including marine, oil and gas, industrial applications, and electric power generation. Financial Products: This segment supports customers with a variety of financial services, such as operating and finance leases, installment sale agreements, working capital loans, and wholesale financing schemes. It also offers insurance and risk management products tailored for vehicles, power generation facilities, and marine vessels. All Other: This encompassing segment is responsible for manufacturing essential consumables and components like filters, fluids, undercarriage parts, and ground engaging tools.
CAT Company Deck
CAT Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a strongly positive operational and financial performance: record revenue and free cash flow, materially expanded backlog, raised full-year guidance, robust segment growth, and active capital returns. Challenges were noted — notably tariffs, higher SG&A/R&D and manufacturing costs tied to capacity expansion, regional softness in some markets, dealer inventory seasonality, and extended lead times — but management provided mitigation context (IEEPA recovery, capacity ramp actions, and disciplined investment). On balance, the favorable revenue, margin expansion, cash generation and backlog growth significantly outweigh the outlined headwinds, supporting a constructive outlook.View all CAT earnings summariesCAT Stock 12 Month Forecast
Average Price Target
$974.33
▲(20.10% Upside)
Technical Analysis
Ownership Overview
0.20% Insiders
17.43% Mutual Funds
0.73% Other Institutional Investors
58.36% Public Companies and Individual Investors