Caterpillar Inc.
CAT · NYSE
Company research
Caterpillar Inc. (NYSE: CAT) is a premier American manufacturer of heavy construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives, founded in 1925 and currently headquartered in Irving, Texas, under the leadership of CEO Joseph E. Creed. With a market capitalization exceeding $405 billion and annual revenues of approximately $67.6 billion, Caterpillar stands as the world's largest manufacturer of construction and mining machinery, commanding roughly 44% market share in its industry. The company operates through three core segments — Construction Industries, Resource Industries, and Energy & Transportation — serving contractors, miners, and industrial customers across more than 190 countries through one of the largest independent dealer networks in the world. Complementing its manufacturing operations, Caterpillar's Financial Products segment provides financing, leasing, and insurance solutions through Cat Financial, supporting customers and dealers in the acquisition of its extensive lineup of over 300 machines, attachments, and power systems.
Research reports
StockRover · July 11, 2026Caterpillar (CAT) Stock Report
This StockRover report provides a detailed quantitative overview of CAT, emphasizing exceptional 1- and 5-year outperformance, very strong growth, quality and sentiment scores, and a consensus Buy stance, while flagging a stretched valuation versus its fair value estimate and several warnings around negative sales and EPS-growth years.
Ultra Stock Analysis Pro · May 1, 2026Caterpillar Inc. (CAT) - Analyst ReportUltra Stock Analysis Pro’s report blends technical backtesting and fundamental metrics to support a “TRIM POSITION” and Hold recommendation, citing premium valuation, an unfavorable risk/reward profile, and overbought technical conditions, but acknowledging strong revenue growth, high institutional ownership, and generally positive yet moderate news sentiment, alongside a comprehensive discussion of company-, market-, and technical risk factors.
World Trade Securities · March 13, 2026Caterpillar Inc. – Equity ResearchThis sell-side equity research note from World Trade Securities assigns CAT an Overweight rating with a 2026 year-end price target of $860, arguing that earnings power, free-cash-flow conversion, and margin expansion potential justify a premium multiple supported by SOTP analysis, while detailing downside risks including weaker global GDP, capital discipline in mining and oil & gas, construction-cycle vulnerability, and sensitivity to data-center growth.
Sure Dividend · January 31, 2026Caterpillar Inc. (CAT) Sure Analysis Research ReportSure Dividend’s January 2026 fundamental report rates CAT as a Hold, projecting roughly 16% medium-term EPS growth and about 13.3% annual total returns driven by earnings growth and dividend increases, but highlighting cyclicality, tariff and commodity-related headwinds, and valuation risk as reasons for an expected valuation multiple compression despite the company’s strong competitive position and resilient dividend record.