Caterpillar (CAT) News Today

Caterpillar Inc. (NYSE: CAT) shares are trading higher today following multiple analyst price target increases, despite headwinds from tariffs and a second-quarter earnings miss.

• Positive Sentiment: Citigroup lifted its price objective on Caterpillar from $460.00 to $500.00 and maintained a “buy” rating. Caterpillar Price Target Raised to $500.00
• Positive Sentiment: JPMorgan Chase & Co. boosted its price objective from $475.00 to $520.00 and assigned an “overweight” rating. JPMorgan Issues Positive Forecast for Caterpillar Stock Price
• Positive Sentiment: Bank of America raised its price target from $460.00 to $495.00 and kept a “buy” rating. Stock Price Expected to Rise, Bank of America Analyst Says
• Positive Sentiment: Truist Financial increased its target from $414.00 to $507.00 and reiterated a “buy” rating. Stock Price Expected to Rise, Truist Financial Analyst Says
• Positive Sentiment: Barclays raised its price target from $383.00 to $425.00 and maintained an “equal weight” rating. Price Target Raised to $425.00 at Barclays
• Neutral Sentiment: Caterpillar partnered with Joule Capital Partners and Wheeler Machinery to power a new high-performance data center campus in Utah. Joule, Caterpillar, and Wheeler Announce an Agreement
• Negative Sentiment: Caterpillar estimates up to $1.5 billion in tariff costs this year, which could pressure margins. Caterpillar Estimates Up to $1.5B in Tariff Costs
• Negative Sentiment: Caterpillar missed Q2 EPS estimates by $0.16, reporting $4.72 vs. consensus $4.88. Misses Estimates By $0.16 EPS
• Negative Sentiment: Morgan Stanley downgraded CAT to “sell” over valuation concerns. Caterpillar Stock Gets Downgraded at Morgan Stanley
• Negative Sentiment: Q2 sales fell 1%, with Caterpillar blaming low equipment prices. Caterpillar Sales Drop 1% in 2025 Q2