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Stock·NYSE·Industrials

Caterpillar Inc. (CAT)

$601.61 +17.04 (+2.91%)
At close: Nov 11, 4:00 PM EST
Hold
51 / 100
CleaRank Financial AI scorei
Market cap
$275.29B
P/E
23.68
Dividend yield
1.04%
Street target
$800.00median of 29 analysts
52-week range
$537.08 $1,073.46
01

CAT stock forecast today

Where CAT stands today, and what CleaRank Financial AI makes of it.

CAT at a glance

Caterpillar Inc. (CAT): Hold, 51/100 on CleaRank's AI score.

  • Trend Down: the price is below both its 50- and 200-day moving averages ($748.51 and $807.95).
  • Earnings CAT beat estimates in 6 of its last 8 quarters, yet fell in the first session after 2 of those beats.
  • Insiders Insiders sold $270.0M and bought $1.0M over the last 18 months.
  • Valuation P/E of 23.7 against 34.0 for the Industrials sector: a discount to peers (-30%).

Figures as of November 11, 2026.

CleaRank Financial AI

CAT carries a CleaRank rating of Hold and a model score of 51/100.

The analysts' outlook is the largest support: 17 of 29 rate it a buy, and the median target is 33.0% above the price. The trend is the largest drag. The price is 25.54% below its 200-day average and 19.63% below its 50-day, and the 50-day average is 7.36% below the 200-day. The 50-day stands at $748.51 and the 200-day at $807.95, and over the past year the price rose 5.93%.

Only on CleaRank

Figures we compute ourselves from CAT's own price, earnings and insider-filing history. Tap one to see it in context.

02

CAT stock price and trading

The chart, today's range and how far the price has moved over each period.

2.0

Trend checks

0/4
  • Price below its 50-day average ›
    The price of $601.61 is 19.6% below the 50-day simple moving average of $748.51.
  • Price below its 200-day average ›
    The price is 25.5% below the 200-day simple moving average of $807.95.
  • 50-day average below the 200-day ›
    The 50-day average ($748.51) is 7.4% below the 200-day average ($807.95), the arrangement of a falling longer-term trend.
  • In the lower half of its 52-week range ›
    The price sits at 12% of its 52-week range, between $537.08 and $1,073.46.

CAT share price

Pick a period: each tab shows how far CAT has moved over it, to the last close.

Dec '25Feb '26Apr '26Jul '26Sep '26Nov '26
Start $567.93 Nov 11, 2025
Latest close $601.61 Nov 11, 2026
High $1,064.90 Jun 30, 2026
Low $546.13 Nov 20, 2025

Today's trading

Where CAT sits inside today's range and its 52-week range.

Day range 3.74% wide
$601.61
$588.50 $610.50
52-week range 12% of the way up
$601.61
$537.08 $1,073.46
Open
$600.70
Previous close
$584.57
Volume
3.67M
27% below average
Market cap
$275.29B
03

CAT fundamentals and valuation

Valuation against the sector, and the revenue and earnings behind it.

3.0

Valuation and quality checks

5/5
  • P/E below the sector median ›
    The trailing P/E of 23.68 is 30.4% below the Industrials median of 34.0.
  • P/S below the sector median ›
    The price-to-sales ratio of 3.55 is 11.3% below the sector median of 4.0.
  • Profitable over the last 12 months ›
    Net income over the last 12 months was $11.8B on revenue of $77.8B, a net margin of 15.2%.
  • Beat estimates in most recent reports ›
    CAT beat the EPS estimate in 6 of its last 8 reports.
  • Pays a dividend ›
    The trailing dividend yield is 1.04%, or $6.28 a share a year.

Key statistics

The headline figures for CAT.

Market Cap
275.29B
P/E Ratio
23.68
EPS (TTM)
$25.48
Dividend Yield
1.04%
52 Week High
1,073.46
52 Week Low
537.08

As of November 11, 2026, CAT trades at $601.61, with a market value of $275.29B, a P/E ratio of 23.68 and a dividend yield of 1.04%.

What the numbers say

CleaRank Financial AI's reading of CAT's valuation, growth and risks.

Valuation

CAT's P/E of 23.68 is 30.4% below the Industrials sector median P/E of 34.0, which places it at a discount to peers. Measured on sales, CAT trades at 3.68 times, 8.0% below the sector median P/S of 4.0. Its market capitalisation stands at $275.3B.

With revenue growth of 23.98%, CAT is 12.3 percentage points faster than the sector median of 11.7%. The business converts sales into profit at a net margin of 15.2% and an operating margin of 18.76%. Its return on equity is 56.14%, above the sector median of 17.8%. The balance sheet and payout round out the picture, with debt-to-equity of 2.10 and a trailing dividend yield of 1.04% ($6.28 a share a year).

Earnings & Growth

Caterpillar Inc. (CAT) reported EPS of $7.20 for the October 29, 2026 report, beating the $7.03 estimate by 2.42%. The share price nonetheless dropped 9.25% in the first session after the report.

CAT beat the EPS estimate in 6 of its last 8 reports, though the stock still fell in the first session after 2 of those 6 beats. Earlier, the stock rose 9.88% after the April 30, 2026 report, a beat of 19.40%. Analysts' average EPS estimate for this fiscal year is $27.11, which would be growth of 42.2%, and $32.25 for next year (growth of 18.9%).

Key risks

The 30-day standard deviation of CAT's daily returns is 3.34%, and its beta against the S&P 500 is 1.64. Until the price regains its moving averages, the trend works against holders. The price is 43.96% below its 52-week high of $1,073.46. Insiders sold $270.0M over the last 18 months and bought $1.0M, though sales of this kind are often planned in advance and say less than purchases would.

CAT against the Industrials sector

How CAT compares with the median Industrials stock CleaRank tracks.

P/E ratio 30% below the median
CAT
23.7x
Sector median
34.0x
P/S ratio 11% below the median
CAT
3.5x
Sector median
4.0x
Revenue growth, year on year 12.3 points above the median
CAT
24.0%
Sector median
11.7%
Return on equity 38.3 points above the median
CAT
56.1%
Sector median
17.8%

Price to earnings vs sector: CAT trades at a notable discount to sector peers (-30% against the sector median P/E). Investors are paying less for each dollar of earnings than for the typical stock in the sector.

Return vs XLI: Since Jun 2, 2025, CAT has gained 74.6% against a gain of 19.9% for XLI.

Performance against XLI

CAT and the Industrials sector fund over the same days.

Jul '25Oct '25Jan '26May '26Aug '26Nov '26
CAT XLI

Revenue and earnings

How much CAT sells, and how much of it becomes profit.

Revenue, 12 months
$77.8B
Net income, 12 months
$11.8B
Net margin
15.2%
Revenue growth
+24.0%
Q2 '26, year on year
FY202113% marginFY202211% marginFY202315% marginFY202417% marginFY202513% margin
Revenue Net income

The quarterly bars end with Q2 '26 (the quarter to June 30, 2026); CAT reported again on October 29, 2026, and that quarter is not in our statement data yet. The 12-month figures come from the statistics feed and may include it.

Revenue growth: Revenue grew 4.3% in FY2025 to $67.6B, from $64.8B a year earlier.

Profit margin: The net margin was 13.1% in FY2025, down from 16.6% the year before.

Profitable: CAT earned $8.9B in FY2025.

Earnings reality check

Did CAT beat what analysts expected, and how did the stock react?

Beat the estimate
6 of 8
last 8 reports
Fell after a beat
2 of 6
first session after the report
Average surprise
+8.6%
actual EPS against the estimate
Avg. first-session move
+2.2%
the stock, after the report
EPS surprise
First-session move
Jan '25Apr '25Aug '25Oct '25Jan '26Apr '26Aug '26Oct '26

Earnings record: CAT beat the analyst estimate in 6 of the last 8 quarters.

Market reaction: The stock fell in the first session after 2 of those 6 beats, so a beat has not been enough on its own.

CAT earnings surprises and the stock's reaction
Report Estimate Actual Surprise First session 5 sessions
Oct 29, 2026before open $7.03 $7.20 +2.42% -9.25% -17.11%
Aug 4, 2026before open $6.20 $8.17 +31.77% +5.60% +0.91%
Apr 30, 2026before open $4.64 $5.54 +19.40% +9.88% +14.43%
Jan 29, 2026before open $4.71 $5.16 +9.55% +3.41% +7.55%
Oct 29, 2025before open $4.52 $4.95 +9.51% +11.63% +4.41%
Aug 5, 2025before open $4.90 $4.72 -3.67% +0.12% -5.80%
Apr 30, 2025before open $4.34 $4.25 -2.07% +0.61% +4.39%
Jan 30, 2025before open $5.03 $5.14 +2.19% -4.64% -8.74%

As of November 11, 2026, CAT has beaten the analyst EPS estimate in 6 of its last 8 reported quarters and fell in the first trading session after 2 of those beats; its latest report, on October 29, 2026, came in 2.42% above the estimate and the stock moved -9.25% in the first session.

The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.

04

CAT AI analysis and technical indicators

CleaRank's score and reasoning, the indicators behind it, and what the price moves with.

4.0

Momentum checks

1/3
  • RSI not overbought or oversold ›
    The 14-day RSI is 35.3, showing bearish momentum without being oversold.
  • RSI below 50 ›
    An RSI of 35.3 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.
  • MACD line below zero ›
    The MACD line is negative, so the 12-day average is below the 26-day average.

CleaRank Financial AI analysis of CAT

The score, the reasoning behind it, and what could move the price next.

Company's health
4/5
12-month analyst target
$800.00
+32.98% above price · median of 29 analysts
AI analyst consensus
51/100
Hold
What the AI sees

Caterpillar Inc. (CAT) is in a downtrend: the price of $601.61 sits 25.54% below its 200-day average of $807.95 and 19.63% below its 50-day average of $748.51. The stock is near the bottom of its 52-week range, with the price 12.01% above the low of $537.08 and 43.96% below the high of $1,073.46. Both averages point the same way, with the 50-day sitting 7.36% below the 200-day.

A recent pullback sits inside a stronger longer record: the price fell 24.74% over the past month, fell 29.69% over the past three months and rose 5.93% over the past year. The 14-day RSI of 35.3 is in the bearish zone, above the oversold line, and the MACD line is negative. Volume in the last session ran 26.5% below its average, on a day the price rose 2.91%.

Catalysts
Rewards
  • Rating reaffirmed ›

    Evercore ISI Group kept its Outperform rating on November 10, 2026.

    Source: Analyst action, Evercore ISI Group, November 10, 2026
Other events
  • Earnings beat, but the stock fell ›

    The October 29, 2026 report beat the EPS estimate by 2.42%, and the share price fell 9.25% in the first session after it.

    Source: Earnings report, October 29, 2026
ProTips
  1. The two nearest levels to watch are the 20-day EMA at $651.40, which sits above the price, and the 52-week low at $537.08, which sits below it.
  2. The 14-day RSI reads 35.3, in the bearish zone, with the MACD line negative; readings above 70 or below 30 mark stretched momentum.
  3. CAT's share price fell 9.25% in the first session after the October 29, 2026 report. Over the last 8 reports, the company beat estimates in 6 cases.
Market outlook

CAT's trend is down because the price sits under both its 50-day ($748.51) and 200-day ($807.95) averages. A first sign of repair would be a move back above the 50-day. The nearest level above the price is the 20-day EMA, at $651.40.

The 52-week low at $537.08 is the next level below. Momentum, with the RSI in the bearish zone, still points lower.

Technical indicators

Momentum and trend for CAT, from its daily closes.

Technical rating Bearish 0 of 4 signals bullish
  • RSI Bearish
  • SMA cross Bearish
  • Price vs SMA Bearish
  • MACD Bearish
Momentum Bearish
35.314-day RSI
Oversold <30 Neutral Overbought >70
MACD (12, 26) -52.63 Bearish
Trend Death cross
-19.6%price against the 50-day average
200-day $807.95 50-day $748.51 Price $601.61
Price against the 200-day -25.5% Bearish

As of November 11, 2026, with CAT at $601.61, its 14-day RSI is 35.3 (showing bearish momentum without being oversold), its 50-day simple moving average is $748.51 and its 200-day is $807.95.

Calculated by CleaRank on daily closes as of November 11, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26). How we calculate these

What CAT moves with

Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.

-1 0 +1
S&P 500 (SPY) +0.61 Moderate
Nasdaq 100 (QQQ) +0.62 Moderate
Bitcoin (BTC) +0.25 Weak
Gold (XAU) +0.17 Weak

As of November 11, 2026, CAT's 1-year correlation of daily returns is +0.61 with S&P 500 (SPY), +0.62 with Nasdaq 100 (QQQ), +0.25 with Bitcoin (BTC) and +0.17 with gold (XAU).

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05

CAT price target and analyst forecast

The analysts' target range and how their ratings split.

5.0

Analysts checks

3/3
  • Most analysts rate it a buy ›
    17 of 29 analysts rate it a buy or strong buy, 11 a hold and 1 a sell.
  • Median target above the price ›
    The median 12-month target of $800.00 is 33.0% above the price.
  • Larger share of buy ratings than three months ago ›
    17 of 29 rate it a buy now, against 14 of 28 three months ago.

CAT Wall Street View

12-month price targets

Low $575.00 Median $800.00 (+33.0%) High $1,044.68

Ratings

Buy 17 Hold 11 Sell 1 3 months ago: 14 of 28 buy

Recent rating actions

Recent analyst rating actions on CAT
Date Firm Action Rating
Nov 10, 2026 Evercore ISI Group Maintains Outperform
Nov 2, 2026 Freedom Broker Maintains Buy
Nov 2, 2026 DA Davidson Maintains Neutral
Oct 30, 2026 JP Morgan Maintains Overweight
Oct 30, 2026 Citigroup Maintains Buy
Oct 30, 2026 Wells Fargo Maintains Overweight

As of November 11, 2026, 29 Wall Street analysts cover CAT: 17 rate it a buy or strong buy, 11 a hold and 1 a sell or strong sell. Their 12-month price targets range from $575.00 to $1,044.68. The median CAT price target is $800.00, 33.0% above the price of $601.61.

Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.

06

CAT risk and volatility

How much it moves day to day, and how it stacks up against similar assets.

Risk profile

How much CAT tends to move, against the market and on its own.

Beta
1.64
against the S&P 500; 1 moves with the market
Daily volatility
3.34%
30-day standard deviation
52-week range
$601.61
$537.08 12% of the way up $1,073.46

Compare CAT

Put CAT side by side with other stocks and benchmarks.

07

CAT price history and drawdowns

CAT's worst falls and recoveries, what $10,000 became, and which months have been kind to it.

7.0

Track record checks

2/4
  • Typical daily move of 2% or more ›
    A typical daily move is 3.34% (the standard deviation of the last 30 daily returns).
  • Not yet recovered from its worst fall ›
    The worst fall was 47.8%, from June 2026 to November 2026; the price is still 43.3% below that peak.
  • Most 1-year holds ended higher ›
    76% of 1-year holding periods in the last 10 years ended with a gain.
  • Beat the S&P 500 since December 2016 ›
    $10,000 invested in December 2016 is now worth $77,251, against $40,494 in the S&P 500 (SPY).

CAT Drawdowns & Recovery

Worst fall, last 10 years
-47.8%
June 2026 to November 2026
Recovery
Not yet
still 43.3% below the June 2026 peak
From the 10-year high
-43.3%
peak with dividends reinvested, June 2026
1-year holds that gained
76%
of every 1-year window

As of November 11, 2026, CAT's worst peak-to-trough fall over the last 10 years with dividends reinvested was -47.8% (June 2026 to November 2026); it is still 43.3% below that peak, and 76% of 1-year holding periods ended with a gain.

From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.

Growth of $10,000

What $10,000 put into CAT in December 2016 is worth now, against the same amount in the S&P 500.

CAT today
$77,251
from $10,000 in December 2016, dividends reinvested
S&P 500 today
$40,494
the same $10,000 in SPY, dividends reinvested
Ahead of the index by
$36,757
1.9x the index result
Total change
+673%
7.7x the starting amount
20182020202220242026
CAT S&P 500 (SPY)

Against the market: CAT beat the S&P 500 over this period: $77,251 against $40,494.

A $10,000 investment in CAT in December 2016 would be worth about $77,251 today with dividends reinvested, compared with about $40,494 for the same investment in the S&P 500 benchmark (also with dividends reinvested).

Seasonal patterns

Which calendar months have been kind to CAT, and which have not.

Jan8/10 upFeb6/10 upMar3/10 upApr5/10 upMay8/10 upJun5/10 upJul6/10 upAug7/10 upSep6/10 upOct7/10 upNov7/9 upDec8/9 up

Strongest month, November: an average of +5.70%, up in 7 of 9 years.

Weakest month, March: an average of -1.08%, up in 3 of 10 years.

This month, November: has averaged +5.70%, up in 7 of 9 years. Past seasonality does not repeat on schedule.

Across 10 calendar years of history, CAT's strongest calendar month has been November (average +5.70%, up in 7 of 9 years) and its weakest March (average -1.08%, up in 3 of 10 years).

Average return for each calendar month across 10 calendar years of history, from weekly closing prices with dividends included.

08

CAT stock price prediction 2030

Thousands of simulated paths from the price history. A range of outcomes, not a forecast.

Monte Carlo projection

Thousands of simulated paths for $10,000 in CAT, from its own past volatility. The shaded area holds 80% of them.

Downside, 2030
$6,531
10th percentile
Base case, 2030
$14,805
median path
Upside, 2030
$33,558
90th percentile
20262027202820292030
Upside (90th) Base case (median) Downside (10th) 10th to 90th percentile

CleaRank's 4-year Monte Carlo simulation, based on 10 years of price history, projects that a $10,000 investment in CAT today could grow to about $14,805 by 2030 in the base case, with a 90th-percentile outcome near $33,558 and a 10th-percentile outcome around $6,531. The simulation models price only; at today's 1.04% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.

CAT Stock Price Prediction 2030: Simulated Scenarios

The same simulation in share prices, year by year.

Price today
$602
Base case, 2030
$891
1.5x over 4 years
Range, 2030
$393 to $2,019
10th to 90th percentile

CleaRank's simulation projects a price near $891 for CAT by 2030 in the base case, from $602 today (1.5x over 4 years). The 10th-percentile path ends near $393. These are outcomes of a Monte Carlo simulation run on CAT's historical return distribution, not price targets, and they assume no dividends are reinvested.

CAT simulated price paths by year
Year 10th percentile Base case 90th percentile range base today
2027 $441 $664 $999
2028 $410 $732 $1,306
2029 $397 $807 $1,640
2030 $393 $891 $2,019

Method: a lognormal simulation of CAT's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. How the simulation works

09

CAT insider trading

What the people running the company have bought and sold.

CAT insider trading

Shares the company's directors and officers bought and sold, from their own filings.

Bought
$1.0M
3 open-market purchases
Sold
$270.0M
34 open-market sales
Insiders filing
20
over the last 18 months
Average trade
$7.3M
buys and sales together

Month by month

Open-market purchases above the line, sales below.

Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26Nov '26

Net insider selling: Insiders bought $1.0M on the open market and sold $270.0M.

As of November 11, 2026, CAT insiders reported 34 open-market sales worth $270.0M and 3 open-market purchases worth $1.0M over the last 18 months; grants and option exercises are not counted.

Insider transactions in CAT
Date Insider Type Shares Value
Nov 2, 2026
James C Fish Jr
Director
Buy 1.0K $620.4K
Aug 28, 2026
Joseph E Creed
Chief Executive Officer
Sell 32.4K $26.2M
Aug 28, 2026
Joseph E Creed
Chief Executive Officer
Option 44.4K $9.8M
Jun 10, 2026
James C Fish Jr
Director
Grant 211 -
Jun 10, 2026
Gerald Johnson
Director
Grant 211 -
Jun 10, 2026
Nazzic S Keene
Director
Grant 211 -
Jun 10, 2026
David W Maclennan
Director
Grant 211 -
Jun 10, 2026
Judith Fran Marks
Director
Grant 211 -
Jun 10, 2026
Debra L Reed-Klages
Director
Grant 211 -
Jun 10, 2026
Susan C Schwab
Director
Grant 211 -
Page 1 of 11

Source: TwelveData, from SEC Form 4 filings

10

CAT stock forecast: questions people ask

Answered from the figures on this page, as of November 11, 2026.

CAT Forecast: Frequently Asked Questions

Is Caterpillar Inc. (CAT) a buy right now?
CleaRank's model scores CAT 51/100, a Hold rating. The analysts' outlook carries the score: 17 of 29 analysts rate it a buy and the median target is 33.0% above the price. The trend holds the score back, because the price is 25.54% below its 200-day average and 19.63% below its 50-day average, and the 50-day average is 7.36% below the 200-day. This describes the data on this page and is not a personal recommendation.
How has Caterpillar Inc. (CAT) performed over the past year?
Over the past year the price rose 5.93%. Over shorter periods it fell 29.69% in three months and fell 24.74% in the past month. It now trades 43.96% below its 52-week high of $1,073.46.
What are the key price levels for CAT?
Above the price, the levels are the 20-day EMA at $651.40 and the 50-day SMA at $748.51. Below it, the level is the 52-week low at $537.08.
Is CAT expensive compared with Industrials stocks?
CAT's trailing P/E of 23.68 is 30.4% below the Industrials median of 34.0, and the peer comparison on this page calls that a discount to peers. Its price-to-sales ratio of 3.55 is 11.3% below the sector median of 4.0. Those medians are drawn from 66 sector stocks, not just direct rivals.
Does CAT pay a dividend?
Yes, CAT pays a trailing dividend yield of 1.04%, which works out to $6.28 a share each year. The yield is the dividend divided by the price, so it moves whenever either of those moves.
What do Wall Street analysts think of CAT?
Of the 29 analysts covering CAT, 17 rate it buy, 11 hold and 1 sell. Their median 12-month target is $800.00, 33.0% above the current price.
How often has CAT beaten earnings estimates?
In our data, CAT beat the EPS estimate in 6 of the last 8 reports. After 2 of those 6 beats, the share price closed lower in the first session.
How volatile is CAT?
CAT's price moves 3.34% on a typical day, measured as the 30-day standard deviation of daily returns. Its beta against the S&P 500 is 1.64.
Are CAT insiders buying or selling?
Insiders sold $270.0M of stock over the last 18 months and bought $1.0M on the open market. Sales are often planned ahead or made to cover tax on vesting shares, which makes them a weaker signal than purchases.
What is the 52-week range of CAT?
Over the past 52 weeks CAT has traded between $537.08 and $1,073.46. At $601.61 the stock sits at 12% of that range, 12.01% above the low and 43.96% below the high.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The stock analysis and AI-generated signals presented for CAT are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. Simulated scenarios and historical performance figures shown are hypothetical and hindsight-based. They do not represent actual trades made by CleaRank or its affiliates. Stock prices can be volatile and are subject to market, economic, and company-specific risks. Market data is provided "as-is" and may be delayed by up to a minute. We do not guarantee the accuracy, completeness, or timeliness of any data. You should never invest money you cannot afford to lose. Past performance does not guarantee future results. Consult a qualified financial advisor before making any investment decisions. Analysis generated on November 12, 2026.