Caterpillar Inc. ($CAT) Stock Forecast: Down 3.8% Today

What is Caterpillar Inc.?

Caterpillar Inc. (NYSE: CAT) is a renowned manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. The company has recently reached an all-time high stock price of $626.23 USD.

Why is Caterpillar Inc. going down?

CAT stock is down 3.8% on Dec 12, 2025 16:35

• Despite Caterpillar's impressive financial stability and recent positive developments, such as strategic partnerships and analyst ratings, the stock experienced a strong bearish movement.
• The overvaluation of Caterpillar compared to its InvestingPro Fair Value, with a high P/E ratio of 32.04, might have led investors to take profits and sell off shares.
• The bearish movement could also be influenced by profit-taking activities after the stock's significant price return over the past six months and the last year.
• Investors might be shifting their focus towards other infrastructure companies like United Rentals and Martin Marietta Materials, which are showing strong operational excellence and profitability in the industry.

CAT Price Chart

CAT Technical Analysis

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Caterpillar stock reaches all-time high at 626.23 USD By Investing.com

Caterpillar Inc. stock has hit an all-time high of $626.23, demonstrating a robust 70.56% price return over the past six months and a 64.49% increase over the last year. The company boasts significant financial stability, having maintained dividend payments for 55 consecutive years with 12 years of increases, and has received a "GOOD" overall financial health score from InvestingPro. Recent developments include reiterating its quarterly dividend, a "Buy" rating from Truist Securities with a $729 price target, a partnership with Vertiv for data center solutions, and a new debt issuance by Caterpillar Financial Services.

https://za.investing.com/news/company-news/caterpillar-stock-reaches-alltime-high-at-62623-usd-93CH-4024922

Caterpillar stock reaches all-time high at 626.23 USD

Caterpillar Inc. (NYSE: CAT) stock has reached an all-time high of 626.23 USD, reflecting a robust performance with a 70.56% price return over the past six months and a 64.49% increase over the last 12 months. The company maintains financial stability, having paid dividends for 55 consecutive years with 12 years of increases, and has a "GOOD" overall financial health score according to InvestingPro. Recent news also highlights strategic partnerships, a new debt issuance, and positive analyst ratings, despite a valuation that appears overvalued compared to its InvestingPro Fair Value.

https://www.investing.com/news/company-news/caterpillar-stock-reaches-alltime-high-at-62623-usd-93CH-4404277

Caterpillar stock reaches all-time high at 626.23 USD

Caterpillar Inc. (NYSE: CAT) stock has hit an all-time high of $626.23 USD, reflecting robust performance with a 70.56% price return over the past six months and a 64.49% increase over the last 12 months. Despite appearing overvalued with a P/E ratio of 32.04 compared to its InvestingPro Fair Value, the company showcases strong financial stability through 55 consecutive years of dividend payments and 12 years of dividend increases. Recent strategic moves include maintaining its quarterly dividend, partnering with Vertiv for energy optimization, and issuing new debt securities, reinforced by positive analyst ratings and a "GOOD" overall financial health score from InvestingPro.

https://in.investing.com/news/company-news/caterpillar-stock-reaches-alltime-high-at-62623-usd-93CH-5149796

Morgan Stanley Reaffirms Their Buy Rating on United Rentals (URI)

Morgan Stanley analyst Angel Castillo maintained a Buy rating on United Rentals (URI) with a price target of $1,015.00. This follows a previous reiteration of a Buy rating with an $875.00 price target. United Rentals recently reported a quarterly revenue of $4.23 billion and a net profit of $701 million.

https://www.theglobeandmail.com/investing/markets/stocks/URI/pressreleases/36573619/morgan-stanley-reaffirms-their-buy-rating-on-united-rentals-uri/

November's Infrastructure Winner: The $43B Company Beating Industry Titans on Every Metric

Martin Marietta Materials Inc. is identified as November's top infrastructure stock, leading in operational excellence with superior operating and profit margins compared to competitors. The article analyzes the Q3 2025 financial performance of five leading infrastructure companies, including Caterpillar, United Rentals, EMCOR Group, and Vulcan Materials, highlighting their revenue growth, profitability, and strategic positioning. Despite mixed signals across the sector, Martin Marietta stands out due to its industry-leading profitability and strong market position.

https://247wallst.com/investing/2025/12/11/novembers-infrastructure-winner-the-43b-company-beating-industry-titans-on-every-metric/

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Caterpillar Inc. Price History

05.07.2025 - CAT Stock was down 1.4%

• Caterpillar (CAT) reported Q2 earnings below expectations, marking a decrease for the fourth consecutive quarter, indicating challenges with pricing and expenses.
• There was a notable increase in options activity, suggesting a positive sentiment among investors towards CAT, potentially leading to increased stock volatility.
• The varying results in earnings and revenue surprises, coupled with worries about pricing and expenses, likely influenced the downward movement in CAT's stock price today.
• It is recommended for investors to closely track CAT's key performance indicators beyond just the headline figures to get a more comprehensive understanding of the company's performance and future prospects.

23.08.2025 - CAT Stock was up 5.1%

• Caterpillar (CAT) has shown a strong bullish movement today, outperforming the market.
• Despite a general market dip, Caterpillar managed to gain +1.03% compared to its last close.
• The impressive 5-year performance of Caterpillar, with an average annual return of 25.09%, might have instilled investor confidence in the stock.
• Positive market sentiment towards Caterpillar's products and services could have contributed to the stock's upward trajectory, showcasing resilience in the face of broader market fluctuations.

13.10.2025 - CAT Stock was down 5.1%

• Despite Caterpillar's strong performance over the past 10 years, today's bearish movement could be attributed to:
• Investor caution due to tariffs and valuation pressures, urging some to take profits, as seen in an insider sell of $686K in Caterpillar stock.
• The surge in options activity with a noticeably bullish stance might have led to profit-taking by some investors, contributing to the bearish movement.
• While a substantial insider purchase could be a bullish signal, the overall market sentiment and potential concerns about future performance might have outweighed this positive news, leading to the bearish movement in Caterpillar's stock today.

29.09.2025 - CAT Stock was up 12.1%

• Caterpillar's stock (CAT) experienced a strong bullish movement today.
• The bullish sentiment can be attributed to the company surpassing earnings and revenue estimates for the third quarter of 2025, indicating strong financial performance.
• The options market also reflected a bullish stance, with financial giants making notable bullish moves on Caterpillar, further boosting investor confidence.
• Analysts' expectations for lower quarterly earnings compared to the previous year might have been overshadowed by the positive surprises in actual earnings, leading to an optimistic outlook for the stock.

29.09.2025 - CAT Stock was up 10.0%

• Caterpillar (CAT) witnessed a significant uptrend in market performance.
• The company outperformed projections for earnings and revenue in the third quarter, showcasing strong financial results.
• Despite analysts revising down their earnings predictions for CAT, the company reported results that surpassed expectations, generating optimism among investors.
• Notable investors adopted bullish positions on CAT, indicating strong belief in the company's future growth opportunities.

29.09.2025 - CAT Stock was up 11.6%

• Caterpillar's CEO shifting focus towards AI data centers indicates a strategic move towards digitalization and future growth opportunities, which likely boosted investor confidence.
• The Q3 earnings exceeding estimates, driven by record revenues and higher volumes, showcased the company's resilience in navigating through tariff and cost pressures, leading to increased investor optimism.
• The bullish options activity on Caterpillar suggests a positive sentiment among financial giants, potentially indicating expectations of further stock price appreciation.
• The strong Q3 earnings and revenue performance not only beat estimates but also provided a positive outlook, potentially attracting more investors and driving the bullish movement in the stock price.

07.07.2025 - CAT Stock was down 4.6%

• The decline in Caterpillar's stock (CAT) today can be attributed to several factors:
• The company's mixed second-quarter earnings results, with a miss on estimates and a year-over-year decline due to tariff-driven cost surges, have raised concerns among investors.
• Comments on how tariffs are becoming a built-in cost for companies, including Caterpillar, may have further dampened investor sentiment.
• The contrast in earnings performance between Caterpillar and other companies like Palantir Technologies, as highlighted by an industry expert, could have also influenced market perception.
• Despite a volume rebound in Q2, driven by Energy & Transportation momentum, the overall market sentiment seems to have been overshadowed by the impact of tariffs and pricing pressures on Caterpillar's margins.

22.07.2025 - CAT Stock was up 3.6%

• Caterpillar stock experienced a strong bullish movement today. This could be attributed to a partnership with Hunt Energy to provide power capacity for data centers. The collaboration suggests potential growth opportunities and diversification for Caterpillar.
• An analyst upgrade by BMO Capital could have also played a part in the positive momentum, indicating confidence in the company's future prospects.
• The combination of these factors likely increased investor confidence in Caterpillar, leading to a rise in the stock price throughout the trading day.

22.07.2025 - CAT Stock was up 5.3%

• Caterpillar has teamed up with Hunt Energy to offer reliable power for data centers, commencing with a significant project in Texas. This collaboration suggests potential growth opportunities.
• The announcement of providing up to one gigawatt of power capacity for data centers across North America and potentially globally may have bolstered investor confidence in Caterpillar's future prospects.
• An analyst upgrade on Caterpillar's stock is believed to have also played a role in the bullish movement, reflecting positive sentiment and potential for growth in the company's performance.

14.10.2025 - CAT Stock was down 5.0%

• The decline in CAT's performance today may be due to:
• Following a widespread volume increase in Q3 across all sectors, uncertainties about the sustainability of this recovery could have prompted profit-taking among investors.
• The notable rise in options trading activities with a bullish bias may have introduced volatility and uncertainty into the stock's price.
• Investor hesitance concerning issues such as tariffs and valuation challenges could have also played a role in pushing the stock downwards, as noted in the Zacks Analyst Blog.
• The significant bearish movement observed today could signal a short-term adjustment in CAT's price after a period of optimistic sentiment and increased trading.
• Despite CAT's substantial market outperformance in the last decade, short-term fluctuations influenced by market sentiment and external elements like trade policies remain capable of impacting its stock value.

14.09.2025 - CAT Stock was up 5.1%

• Caterpillar's positive stock movement is linked to its acquisition of RPMGlobal Holdings to bolster its mining technology solutions.
• The market's favorable reaction to Caterpillar's agreement with RPMGlobal Holdings reflects investor confidence in the company's growth opportunities.
• While experiencing a slight decline in a recent trading session compared to the overall market, Caterpillar's current upward trend highlights its resilience and strategic efforts to enhance its technological offerings in the mining industry.

12.11.2025 - CAT Stock was down 3.8%

• Despite Caterpillar's impressive financial stability and recent positive developments, such as strategic partnerships and analyst ratings, the stock experienced a strong bearish movement.
• The overvaluation of Caterpillar compared to its InvestingPro Fair Value, with a high P/E ratio of 32.04, might have led investors to take profits and sell off shares.
• The bearish movement could also be influenced by profit-taking activities after the stock's significant price return over the past six months and the last year.
• Investors might be shifting their focus towards other infrastructure companies like United Rentals and Martin Marietta Materials, which are showing strong operational excellence and profitability in the industry.