--- title: "Weekly Recap | Caterpillar +0.57%, consensus target above spot" type: "News" locale: "en" url: "https://longbridge.com/en/news/298799897.md" description: "Caterpillar (CAT.US) rose 0.57% this week to close at $818.57, outpacing the S&P 500, which lost 0.8% over the same period. That put the stock roughly 1.37 percentage points ahead of the benchmark. The four-session week traced a dip-then-rebound pattern: Tuesday (9 Sep) opened at $823.34 and hit the weekly high of $830.50; Wednesday (9 Sep) slipped to $815.56; Thursday (10 Sep) fell to the weekly low of $797.50 and closed at $805.00; Friday (11 Sep) recovered to $818." datetime: "2026-09-12T07:52:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298799897.md) - [en](https://longbridge.com/en/news/298799897.md) - [zh-HK](https://longbridge.com/zh-HK/news/298799897.md) generator: "portal-rs" --- # Weekly Recap | Caterpillar +0.57%, consensus target above spot ## The Week Caterpillar (CAT.US) rose 0.57% this week to close at $818.57, outpacing the S&P 500, which lost 0.8% over the same period. That put the stock roughly 1.37 percentage points ahead of the benchmark. The four-session week traced a dip-then-rebound pattern: Tuesday (9 Sep) opened at $823.34 and hit the weekly high of $830.50; Wednesday (9 Sep) slipped to $815.56; Thursday (10 Sep) fell to the weekly low of $797.50 and closed at $805.00; Friday (11 Sep) recovered to $818.57, erasing most of the pullback. Weekly amplitude was 4.01%, with average daily volume around 19.95m shares, about 27% below the 60-day median. ## Key Events The main threads this week were data-centre power demand and analyst actions. On the company front, Friday (11 Sep) reports said Caterpillar expects a strong start to 2026 as data-centre power demand fuels expansion. It also announced a new, heavier electric drive dozer using century-old train tech. On the analyst side, Freedom Broker upgraded the stock and Zacks Research raised its Q4 EPS estimate on Thursday (10 Sep); Stifel Nicolaus issued a positive report on Friday (11 Sep), helping push the share price up 1.7% that day. Michael Burry was disclosed as having a short position in Caterpillar. In the market, the stock outperformed peers on Tuesday (8 Sep) and led the Dow’s 550-point rally together with Cisco on Friday (11 Sep). Various fund stake adjustments did not form a separate storyline. ## Analyst Ratings Coverage totals 29 firms: 13 rate it buy, 1 overweight, 12 hold, 1 underweight, 1 sell, and 1 has no opinion. The consensus rating is buy, with a consensus target of $975.61, roughly 19.2% above the current price. Targets range from $575.00 to $1,225.00, showing wide dispersion at the extremes while the midpoint sits clearly above spot. Within the 30-company engineering machinery and heavy transport equipment industry group, Caterpillar ranks first in analyst ratings. ## The Week Ahead Next week’s macro calendar centres on US retail and manufacturing data. On Tuesday (15 Sep), the New York Fed manufacturing index is due, with a prior reading of 20.6 and a forecast of 14.75. Wednesday (16 Sep) brings retail sales, retail sales ex-autos, retail control, import price index, NAHB housing market index, and EIA weekly crude and Cushing crude inventories. With data-centre power demand driving the company narrative this week, the focus turns to whether retail and industrial data validate that logic at the margin. ## In Short Caterpillar gained this week even as the S&P 500 slipped, with a ratings distribution that leans positive, a consensus target about 19% above spot, and the top rank among industry peers. At the same time, the latest session’s fund flow shows larger and mid-size orders were net buyers, though overall volume sat well below the 60-day median, suggesting limited participation. On the other side sit Michael Burry’s short position and warnings that the shares already price in 17.4% growth if data-centre power demand cools. The key watch item remains whether data-centre demand actually delivers and whether coming macro data supports that narrative. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [CAT.US](https://longbridge.com/en/quote/CAT.US.md) ## Related News & Research - [Insight Guru flags Caterpillar risk if data center power demand cools as shares price in 17.4% growth](https://longbridge.com/en/news/298748014.md) - [CAT puts century-old train tech to work in new, heavier electric drive dozer](https://longbridge.com/en/news/298776668.md) - [Munich Reinsurance Co Stock Corp in Munich Has $13.88 Million Holdings in Caterpillar Inc. $CAT](https://longbridge.com/en/news/298824734.md) - [NEOS Investment Management LLC Boosts Stake in Caterpillar Inc. $CAT](https://longbridge.com/en/news/298797389.md) - [Southern (SO) Could Be 14% Undervalued On Its Power Demand Growth Story](https://longbridge.com/en/news/298836421.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**