NYSE:CAT

Caterpillar (CAT)

904.28
-36.20 (3.85%)
as of Jun 5, 2026, 8:00:00 pm Market Open.
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Investor Insights
star iconJun 5, 2026, 12:00 am

This summary was created by AI, based on 31 opinions in the last 12 months.

Caterpillar Inc. (CAT) is currently viewed as a strong player in the infrastructure and data center sectors, driven by significant tailwinds in oil, gas, and construction. While some analysts express concerns about its high valuation with a forward PE ratio ranging from 28x to 36x, others believe it has the potential to grow into its valuation. The company's robust backlog of $60 billion and substantial revenue growth of over 20% demonstrate its operational strength. However, investors are advised to take some profits due to the stock's rapid ascent of 140% since May and the increasing uncertainty surrounding valuations in the industrial space. Overall, CAT maintains a steady appeal for those anticipating ongoing infrastructure buildout and data center expansions, while significant caution surrounding its current price level is evident among experts.

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Consensus
Cautious
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Valuation
Overvalued
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Similar
Deere,DE
TOP PICK
Dominant player in mining, oil and gas. Dominant player in international markets. Very strong growth and price performance.
BUY
An incredible stock to own. Huge beneficiary if you are playing growth emerging markets and infrastructure. Will benefit from growth over the next 10, 20, 30 years.
TOP PICK
Great company. Expected to benefit from continued global urbanization and infrastructure. Likes their acquisition of Bucyrus (BUCY-Q) that gives them mining equipment. Trades at about 14X forward PE.
BUY
Caterpillar (CAT-N) or Deere (DE-N)? Caterpillar has about 70% foreign exposure and Deere has about 40%-45%. Deere relies on farmers to be able to afford equipment. Deere is good and trades at a good multiple, a couple of points higher than Caterpillar. (Prefers Caterpillar.)
SELL
Very. Very expensive. Model price $56.06. It certainly has momentum here.
BUY
Only about 30% of the revenue is in North America and the rest is overseas. Sales are very strong. Make a lot of their money in replacement parts. Could see it reaching $100.
TOP PICK
Likes the growth in emerging markets. This is in a very early cycle. Still replenishing dealers inventory. Management would like to grow share earnings at 15%-20% per year through this cycle.
WAIT
Expect it will outperform on a 12-24 month outlook. One of the biggest construction manufacturers globally. Leveraged to growth in emerging markets. Cost structure somewhat out of control because of rapid expansion phase and then hit by the downturn. Working out of this.
BUY
The giant earthmoving company of the world. At this stage in world development, it is going full bore. Will likely improve over the next 1-3 years. Still restocking their dealers
BUY
Opportunities in infrastructure are still very good. With government spending towards infrastructure you should see continuing demand for infrastructure products. This company is well positioned for this.
BUY ON WEAKNESS
Will be very cyclical, so take your time and look for a good entry point.
BUY
Will last another 10 years. Buy and put away and own. Make sure there are no problems developing with management. A lot of good years ahead of it.
BUY
Very early in the cycle so this is a great opportunity to Buy. As the stimulus package starts to take hold, good things have started happening here. Recently raised their guidance to $3.25, well above what the Street was looking for.
BUY
This is a cyclical and they are very early in their cycle. Will grow with the economic cycle. They are still replenishing dealer inventories.
BUY ON WEAKNESS
Likes this company but thinks the valuation is a bit stretched. It is on her radar screen on a pullback.
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