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Barchart
Wajeeh Khan

A $20 Billion Reason Why Caterpillar Stock Is Soaring Today

CAT Caterpillar Stock Barchart

Caterpillar (CAT) stock closed higher on Tuesday after the heavy equipment manufacturer reported its first $20 billion quarter. For its fiscal Q2, the giant recorded a better-than-expected 24% year-over-year increase in revenue and $8.17 in earnings per share (EPS), handily beating the consensus estimate set at $6.25 per share.

Following the post-earnings gains, Caterpillar stock is up more than 45% versus the start of 2026.

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