Caterpillar Inc.
CAT
$717.22
-1.79%
Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, and locomotives. It is a dominant player in the industrial machinery sector, leveraging a vast global dealer network and captive finance arm to support its market leadership.…
CAT
Caterpillar Inc.
$717.22
Related headlines
CAT 12-Month Price Forecast
Wall Street consensus
Most Wall Street analysts maintain a constructive view on Caterpillar Inc.'s 12-month outlook, with a consensus price target around $932.39 and implied upside of +30.0% versus the current price.
Average Target
$932.39
5 analysts
Implied Upside
+30.0%
vs. current price
Analyst Count
5
covering this stock
Price Range
$574 - $932
Analyst target range
No sufficient analyst coverage available. The provided analyst data only includes estimates for EPS and revenue from 5 analysts but does not contain consensus target prices or ratings distribution. Recent institutional rating actions from late 2024 show a mix of Buy, Overweight, and a few Sell or Underweight ratings, but these are not current consensus figures as of the analysis date.
CAT Technical Analysis
The stock has demonstrated a strong overall uptrend over the past six months, with a price increase of 44.42% from around $490 in early October 2025 to $708.46 as of March 31, 2026. This performance significantly outpaces the broader market, as evidenced by a relative strength of 47.24% against the S&P 500 over the same period. In the short term, the stock has shown volatility, declining 4.63% over the past month but gaining 23.67% over the past three months. The one-month decline was less severe than the S&P 500's 5.25% drop, resulting in positive relative strength of 0.62%. The price surged from a low near $490 in October to a peak above $775 in February before pulling back. The current price of $708.46 sits within the upper half of its 52-week range of $267.30 to $789.81, representing approximately 89% of the yearly high. This indicates the stock is trading near recent highs despite the recent pullback from its February peak.
Beta
1.53
1.53x market volatility
Max Drawdown
-21.8%
Largest decline past year
52-Week Range
$267-$790
Price range past year
Annual Return
+114.3%
Cumulative gain past year
| Period | CAT Return | S&P 500 |
|---|---|---|
| 1m | -0.7% | -3.6% |
| 3m | +19.9% | -4.0% |
| 6m | +44.1% | -2.0% |
| 1y | +114.3% | +16.2% |
| ytd | +19.9% | -3.8% |
Bobby - Your AI Investment Partner
Get real-time data, AI-driven personalized investment analysis to make smarter investment decisions
CAT Fundamental Analysis
Revenue for Q4 2025 was $19.13 billion, representing 18% year-over-year growth from the same quarter in 2024. However, profitability metrics showed some pressure; the net income margin for Q4 2025 was 12.55%, down from 17.21% in Q4 2024, and quarterly net income declined from $2.79 billion to $2.40 billion year-over-year. The company maintains a strong cash position with $9.99 billion in cash at the end of Q4 2025 and generated robust free cash flow of $10.27 billion over the trailing twelve months. However, financial leverage is elevated with a debt-to-equity ratio of 2.03, indicating significant use of debt financing. Return on Equity (ROE) is exceptionally high at 41.62%, reflecting efficient use of shareholder capital, partly amplified by the high financial leverage. The current ratio of 1.44 suggests adequate short-term liquidity to cover obligations.
Quarterly Revenue
$19.1B
2025-12
Revenue YoY Growth
+0.18%
YoY Comparison
Gross Margin
+0.28%
Latest Quarter
Free Cash Flow
$10.3B
Last 12 Months
Revenue & Net Income Trends (2 Years)
Revenue Breakdown
Open an Account, get $2 TSLA now!
Valuation Analysis: Is CAT Overvalued?
Given the company's positive net income, the primary valuation metric is the Price-to-Earnings (P/E) ratio. The trailing P/E ratio is 30.12, while the forward P/E is 25.51, based on the current price of $708.46. The Price-to-Sales (P/S) ratio is 3.95 and the Enterprise Value-to-Sales (EV/Sales) is 5.39. Peer comparison data is not available in the provided inputs. The valuation appears elevated based on traditional P/E metrics, though the forward P/E suggests some earnings growth expectation. The high P/E ratios reflect the market's premium pricing for Caterpillar's industry leadership and recent strong performance.
PE
30.1x
Latest Quarter
vs. Historical
High-End
5-Year PE Range 11x~28x
vs. Industry Avg
N/A
Industry PE ~N/A*
EV/EBITDA
20.2x
Enterprise Value Multiple

