Caterpillar Stock Gains on Analyst Buy Calls and Strong Earnings
Caterpillar Inc.'s stock price has been boosted by fresh analyst buy calls and a strong earnings backdrop.
As of September 18, 2026, the company's shares are trading at around $808.99 on the New York Stock Exchange, leaving room for upside to Wall Street's consensus price targets.
The average price target from analysts is approximately $994 per share, implying a roughly 23% increase from the current price, according to MarketBeat data.
Individual houses such as Bank of America Securities and Freedom Capital Markets have recently reiterated their buy stances on Caterpillar, with some setting price targets above the current market value.