Caterpillar stock gains on fresh analyst upgrades and strong quarterly figures
Published on 09/12/2026 at 14:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Caterpillar Inc. stock (ISIN US1491231015) is trading around USD 805.00 as of September 11, 2026 on the New York Stock Exchange, supported by fresh analyst upgrades and robust recent quarterly figures that show double-digit revenue and profit growth.
Analysts lift Caterpillar price targets
According to The Globe and Mail on September 12, 2026, Stifel Nicolaus issued a Buy rating on Caterpillar and set a price target of USD 980.00, with the shares having closed at USD 805.00 the previous trading day.
As MarketBeat reported on September 12, 2026, Freedom Broker recently raised its rating on Caterpillar from Hold to Buy and set its own price target also at USD 980.00.
Consensus and latest quarterly performance
Based on data cited by MarketBeat on September 12, 2026, Caterpillar currently carries a consensus rating of Moderate Buy, with one analyst on Strong Buy, fourteen on Buy and eleven on Hold, and an average target price of USD 994.17.
According to The Globe and Mail, Caterpillar most recently reported quarterly revenue of USD 20.54 billion for the quarter ending June 30, 2026, compared with USD 16.57 billion in the same quarter a year earlier.
The same source states that net profit for this latest quarter reached USD 3.59 billion, up from USD 2.18 billion in the prior-year quarter, meaning net profit increased by roughly USD 1.41 billion year-on-year on a revenue rise of about USD 3.97 billion.
Valuation metrics and profitability context
A comparison overview from Pluang dated September 11, 2026 notes that Caterpillar trades at around USD 805.00 with valuation metrics including a price-to-earnings ratio of 34.67 and a price-to-sales ratio of 5.03.
The same overview highlights a net margin of 14.51 percent and return on equity of 56.99 percent for Caterpillar, underlining that recent earnings strength is accompanied by high profitability and capital efficiency.
Stock level and investor perspective
With the shares around USD 805.00 on the New York Stock Exchange as of September 11, 2026, Caterpillar stock currently trades below the average analyst target of about USD 994, which implies a gap of nearly USD 189.00 between the latest closing price and the consensus expectation.
Caterpillar stock key data
- Company: Caterpillar Inc.
- ISIN: US1491231015
- Ticker: CAT
- Trading venue: NYSE
- Price (as of September 11, 2026): 805.00 USD
- Sector / Industry: Industrials / Construction and mining equipment
- Index membership: S&P 500
