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CAT · NYSE · STOCK

Caterpillar (CAT) Stock Analysis

Industrials Updated August 24, 2026
$827.83
52W $410.52 – $1073.46
67/100
$381.36B
35.5
1.60
AI Committee Verdict
Buy
67/100
Conviction: High · 75% agreement · 4 analysts
+29.7%
-19.8%
1.50:1
High

Is CAT Bullish or Bearish?

Bullish. Innellis AI committee rates Caterpillar Inc. (CAT) Buy with a composite score of 67/100 , based on 4 analysts with 75% agreement. Last updated August 24, 2026.

What Would Change This View

Upgrade to Strong Buy
Requires a committee score of 75.0 — +8.09 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Watch
Requires the score to fall below 55.0 — -11.91 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The primary driver is 4 consecutive earnings beats -- consistent execution. Most analysts agree, and no major concerns are blocking a stronger rating.

Bull & Bear Case

Bull Case
  • 4 consecutive earnings beats -- consistent execution — Growth
  • Quarter-over-quarter growth rate is ACCELERATING, not just positive — Growth
  • MACD histogram positive -- bullish momentum — Technical
Bear Case
  • Lower Highs / Lower Lows structure confirms bearish price action.
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 24, 2026
Overall Committee Score
67/100
Agreement
75%
Analysts
4
Conviction
High
Sector Rank
Top 6%
of 226 Industrials peers
Growth Analyst bullish
82 / 100 · Moderate confidence
Strong, accelerating growth with consistent execution
+ 4 consecutive earnings beats -- consistent execution
Technical Analyst neutral
58 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Macro Analyst bullish
65 / 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst bullish
62 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
Portfolio Manager neutral
45 / 100 · High confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− Sector concentration is already high (HHI 3069.37)
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Investment Thesis Evolution

Committee score strengthened significantly from 56.1 to 66.9.

Analyst-level changes:
  • Growth Analyst: score 77->82 (+6).
  • Risk Analyst abstained (was bearish at 30).
  • Value Analyst abstained (was neutral at 45).

Comparing 2026-08-23 to 2026-08-24 (1 day apart).

Technical Analysis

RSI (14)
42.0
Neutral
MACD Histogram
0.307
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Lh Ll
Support
$663.99
Resistance
$1073.46
Bollinger %B
0.37
Inside Bands
Price vs Moving Averages
EMA 9
$837.97 Below
EMA 21
$852.69 Below
EMA 50
$872.79 Below
EMA 200
$767.78 Above

Fundamental Analysis

Valuation
23
Growth
95
Profitability
74
Financial Health
28
Cash Flow
70
Valuation
P/E Ratio 35.5×
P/B Ratio 19.65×
PEG Ratio 1.96
Dividend Yield 0.74%
52W High $1073.46
52W Low $410.52
Quality & Growth
ROE 4162.2%
ROA 900.0%
Gross Margin 3387.0%
Operating Margin 1751.9%
Revenue Growth YoY
Debt / Equity 2.33
AI Fundamental Assessment
P/E ratio of 35.5 (rich relative to a 15-40x range); Price-to-book of 19.7x; PEG ratio of 2.0 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 41.6%; Return on assets of 9.0%; Net margin of 14.5%; Gross margin of 33.9%; Current ratio of 1.37 (tight short-term liquidity); Debt-to-equity of 2.33; Free cash flow per share is positive (19.54); Most recent quarter beat estimates by 30.5%; 4 consecutive earnings beats; EPS growth accelerating (+7.4% -> +47.5% QoQ); Average YoY EPS growth of 73.1%; Analyst estimates rising over recent quarters
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