Caterpillar stock gains 0.93 percent as earnings top estimates

Published on 09/22/2026 at 11:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Caterpillar stock closed at USD 816.50 on September 21, 2026, while Q2 EPS reached USD 8.17. Revenue rose 23.7 percent year over year.

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Caterpillar Inc. (US1491231015) closed at USD 816.50 on the NYSE on September 21, 2026, up 0.93 percent from the previous close. The machinery maker's latest quarter delivered earnings per share of USD 8.17, while revenue increased 23.7 percent year over year.

Q2 earnings beat estimates

According to MarketBeat on September 21, 2026, Caterpillar reported second-quarter earnings of USD 8.17 per share, exceeding the consensus estimate of USD 6.22 by USD 1.95. Revenue rose 23.7 percent from the same quarter a year earlier, giving the result a clear numerical advantage over the prior-year period.

Yahoo Finance lists Q2 fiscal 2026 revenue at USD 20.54 billion, earnings at USD 3.59 billion and a profit margin of 17.49 percent. The quarterly figures place operating scale and profitability at the center of the current Caterpillar valuation.

Stock remains below yearly high

The September 21 close was USD 256.96 below the 52-week high of USD 1,073.46 and USD 356.92 above the 52-week low of USD 459.58. Yahoo Finance reported a market capitalization of USD 375.325 billion and volume of 1,836,129 shares for the same market-data snapshot.

That gap matters because Caterpillar is valued on both current earnings and expectations for continued demand in construction, mining and power equipment. MarketBeat reported a consensus price target of USD 994.17 and a Moderate Buy rating, based on 14 research reports during the previous 90 days. The target was 21.6 percent above the quoted USD 817.29 reference on that page.

Demand supports the valuation

A recent TIKR analysis cited a USD 72 billion backlog and described demand from the Power and Energy segment, including data-center and gas-compression applications. The same analysis placed the September 18 close at USD 808.99, about 25 percent below the June high of USD 1,073, while identifying the late-October third-quarter report as the next major test.

The counter-factor is valuation: MarketBeat showed a trailing price-to-earnings ratio of 35.17, above the industrials-sector average of 22.96. Its data also showed short interest at 1.65 percent of the float and insider sales exceeding purchases during the previous three months, details that add risk to an otherwise strong earnings comparison.

Caterpillar stock closes at USD 816.50

Caterpillar stock closed at USD 816.50 on the NYSE on September 21, 2026, after gaining 0.93 percent. The same snapshot showed a 52-week range of USD 459.58 to USD 1,073.46 and market capitalization of USD 375.325 billion.