Stocks
Caterpillar Stock Surges to $821 After Record-Breaking Q2 Earnings
Caterpillar stock opened at USD 821.25 on September 9, 2026, following a record-breaking quarter.
The heavy machinery manufacturer reported Q2 revenue of USD 20.54 billion and earnings per share (EPS) of USD 8.17, both exceeding market estimates by USD 1.95.
This represents a 23.7 percent increase in quarterly revenue from the same period last year, with net margin reaching 14.51 percent and return on equity at 55.53 percent.
Analysts remain optimistic, with Caterpillar carrying a consensus rating of Moderate Buy and a price target of USD 995.52.