Caterpillar stock carries a Buy consensus at USD 852.89

Published on 10/05/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Caterpillar stock traded at USD 852.89 on October 5, while Q2 sales reached USD 20.5 billion. Analysts listed a USD 975.61 average target.

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Caterpillar stock (ISIN US1491231015) was trading at USD 852.89 on the NYSE on October 5, 2026, up 0.88 percent from the previous close. The latest analyst survey keeps the industrial machinery maker's consensus rating at Buy, while the company's second-quarter figures provide the operating backdrop for that view.

Buy consensus sets a higher bar

Investing.com lists 26 analysts with a Buy consensus for Caterpillar. The average 12-month price target is USD 975.61, with a high of USD 1,225 and a low of USD 575.

Against the October 5 price of USD 852.89, the average target lies 14.39 percent above the stock. That comparison makes the earnings path more important than the rating label itself, because the target assumes that recent profit growth can continue.

Q2 revenue crossed USD 20 billion

In the second quarter of 2026, Caterpillar sales and revenues reached USD 20.5 billion, up 24 percent from the prior-year quarter. Yahoo Finance reported that the quarter was the first in Caterpillar's history with more than USD 20 billion in sales and revenues.

Adjusted profit per share increased 73 percent year over year to USD 8.17, while reported profit per share was USD 7.77. The result also came with a record backlog of USD 72 billion, up 92 percent year over year, according to Tickeron.

Backlog supports the outlook

The Q2 growth was spread across Caterpillar's main businesses. Construction Industries sales rose 35 percent to USD 8.3 billion, while Power and Energy sales increased 17 percent to USD 8.2 billion, according to the earnings-call account.

Caterpillar also raised its full-year 2026 sales and revenues growth outlook to the mid-to-high teens. The counter-factor is cost pressure: the company expects full-year tariff costs of USD 2.2 billion, excluding recoveries, which leaves margins exposed to changes in trade policy.

Stock trades at USD 852.89

Caterpillar was last at USD 852.89 on the NYSE on October 5, 2026, at 12:49 p.m. ET, with a daily gain of 0.88 percent. The session range was USD 821.54 to USD 855.68, and the 52-week range was USD 483.55 to USD 1,073.46.