After a 58% surge in 2025, CAT faces scrutiny as record backlog, revenue growth and data center demand shape its 2026 outlook.
Caterpillar shares surge 57.9% in a year as revenues returned to growth, backlog hit a record $39.9B and earnings declines eased.
Investors are pricing in a significant improvement in Caterpillar's earnings in the coming years. The company's power generation equipment powers AI data centers.
The maker of yellow dump trucks and excavators has seen explosive growth in its energy business.
Sales of generators are powering the manufacturing giant's fastest-growing segment.
GE, CAT and ENS are three manufacturers reshoring production to cut tariffs, strengthen supply chains and tap U.S. demand heading into 2026.
While artificial intelligence (AI) continues to dominate market headlines in 2025, many of the stocks most closely tied to the technology — the Magnificent 7 stocks of Alphabet ( NASDAQ:GOOG )( NASDAQ:GOOGL ), Amazon ( NASDAQ:AMZN ), Apple ( NASDAQ:AAPL ), Meta Platforms ( NASDAQ:META ), Microsoft ( NASDAQ:MSFT ), Nvidia ( NASDAQ:NVDA ), and Tesla ( NASDAQ:TSLA ) — have shown volatility or lagged.
Caterpillar (CAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Caterpillar, EnerSys and Honeywell are strengthening domestic operations and supply chains as manufacturers reposition their business operations in 2026.
CAT's revenue growth revival, infrastructure tailwinds and data-center demand stack up against KMTUY's sales declines and tariff pressures.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Caterpillar (CAT) closed at $589.76 in the latest trading session, marking a -1.36% move from the prior day.