Caterpillar clears 1,000 dollar mark again, shares in focus after fresh analyst target hikes
23.06.2026 - 22:55:00 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 22:44.
Caterpillar Inc. (US1491231015) trades again above 1,000 US dollars on the NYSE this week. The Dow Jones component draws support from recent analyst moves, including fresh target hikes from Baird and Wells Fargo, as highlighted in market summaries from StockAnalysis and other research roundups.
What recent analyst reports say
On the analyst side, Baird recently raised its price target on Caterpillar to 1,165 US dollars from 940 dollars and reiterated an Outperform rating, according to a detailed StockAnalysis compilation of research updates. The note describes the new target as a Street-high level, underscoring how aggressively some brokers now frame the upside case.
In parallel, Wells Fargo lifted its Caterpillar target to 1,155 US dollars from 1,050 dollars and kept an Overweight stance, as the same analyst roundup shows. The bank points to robust demand linked to infrastructure and industrial spending, a theme that has supported several US capital goods names alongside peers such as Deere and Komatsu in recent sector commentary.
Consensus picture for Caterpillar shares
Across the broader analyst community, StockAnalysis data indicates that the average Caterpillar target price stands near 949.68 US dollars with an overall Buy consensus rating. That average target sits modestly below the current share price region around 1,000 dollars, signaling that recent price strength has slightly outpaced the published consensus.
The same dataset points to trailing twelve-month revenue of about 70.76 billion US dollars and net income of 9.43 billion dollars, implying a price-earnings ratio near 50.9 at current quotes. For income-focused investors, the quarterly dividend totals roughly 6.04 dollars per share on an annualized basis, translating into a yield of about 0.6 percent.
All news and analysis on the Caterpillar shares
Key data, ad-hoc headlines and further analyst views on Caterpillar are bundled on the dedicated topic page and in the company’s own investor relations material.
What the company sells
Caterpillar generates most of its revenue from heavy equipment for construction, mining and energy, including its well-known line of yellow excavators and bulldozers. The group also sells engines, turbines and financial services that support equipment purchases and fleet operations worldwide.
Where the stock trades today
The Caterpillar shares (US1491231015) most recently traded on the NYSE at around 1,022.25 US dollars on 2026-06-22, 16:00 Eastern Time, according to TradingKey price data.
Key data on the Caterpillar shares
- Company: Caterpillar Inc.
- ISIN: US1491231015
- WKN: 850598
- Ticker: CAT
- Trading venue: NYSE
- Price (as of 2026-06-22, 16:00): 1,022.25 US dollars
- Market cap: 470.89 billion US dollars (as of 2026-06-22)
- Sector / industry: Industrials / Construction & Mining Equipment
- Index membership: Dow Jones Industrial Average, S&P 500
- Next earnings date: 2026-08-04
This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any financial instruments. Investors should conduct their own research and consider consulting a qualified financial advisor before making investment decisions.
