Caterpillar, Inc.

• CAT Stock Price 24h change: -2.49%. From 648.41 USD to 632.26 USD.
• From a technical perspective, the stock maintains a "strong bullish trend" in the medium-to-long term, trading above its 50-day ($592.97) and 200-day ($508.92) moving averages. However, the short-term market is experiencing a pullback after hitting a 52-week high of $655.78, with the RSI currently at 61.4, indicating a healthy digestion of recent gains rather than a trend reversal.
• Barclays raised Caterpillar's price target to $610 from $555 on January 23, while Wells Fargo set a more aggressive target of $702, reflecting continued analyst confidence ahead of the Q4 earnings report scheduled for January 29.
• Investors are focusing on Caterpillar’s expanded partnership with Nvidia to integrate AI into heavy machinery, a move expected to drive software-related recurring revenue and long-term margin expansion.
• Recent SEC filings revealed notable insider selling, with the CFO selling 10,000 shares at an average price of $575.06, which some analysts view as a potential sentiment signal despite strong overall market performance.
• U.S. industrial production grew by a higher-than-expected 0.4% in December, driven significantly by AI-related high-tech manufacturing and steady utility demand from data centers.
• The U.S. Department of Energy reported plant production at 1.119 million b/d this week, exceeding analyst surveys and signaling continued resilience in the domestic energy and industrial sectors.

• CAT Stock Price 24h change: +2.60%. From 629.00 USD to 645.38 USD. The price surge was driven by a major analyst upgrade from Rothschild & Co Redburn (lifting target from $420 to $650) and growing optimism surrounding Caterpillar's expanded AI partnership with Nvidia ahead of its Q4 earnings release.
• From a technical perspective, the stock is in a "Strong Bullish" phase with the price recently hitting a 52-week high of $655.78. While the 14-day RSI (59.73) remains neutral, the 200-day moving average ($449.55) and 50-day moving average ($591.07) both signal sustained long-term buying momentum despite potential short-term volatility near all-time highs.
• Caterpillar and Nvidia expanded their partnership on January 15 to embed advanced AI into heavy machinery and manufacturing processes, aiming to create new software-based recurring revenue streams and improve long-term margins.
• Caterpillar is scheduled to release its Q4 2025 earnings on January 29, 2026, with analysts expecting $4.52 EPS and $17.81 billion in revenue; the stock currently carries a "Moderate Buy" consensus rating with a top price target of $708.
• U.S. industrial production grew by 0.4% in December, significantly beating economist expectations of 0.1%, largely driven by high-tech manufacturing and increased utility demand from AI-related data centers.
• The Equipment Leasing & Finance Association (ELFA) reported that industry confidence hit an 11-month high in January 2026, with nearly 35% of executives expecting business conditions to improve as capital expenditure demand increases.