Caterpillar Stock Dips Amid Industrial AI and Autonomous Tech Push

Caterpillar's stock price closed at $819.95 on September 28, 2026, marking a 0.20 percent decline from its previous close.

The company has been making strides in industrial AI and autonomous technology, with recent announcements highlighting its collaboration with FieldAI to advance physical AI, autonomy, and robotics for jobsites and factories.

This partnership aims to combine Caterpillar's industry expertise and engineering capabilities with FieldAI's AI-enabled robot foundation models, exploring potential applications such as autonomous inspections, digital twins, improved situational awareness, and operational optimization.

Caterpillar has also expanded its autonomous hauling technology in Virginia, integrating the system across two fleets of Cat 775 trucks at Luck Stone's Boscobel and Bealeton sites. This marks the first deployment of Caterpillar's autonomous haulage solution on the Cat 775 model.