Caterpillar schedules results. Caterpillar stock falls 1.77 percent
Published on 10/20/2026 at 10:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSReporting schedule and analyst caution
- Caterpillar scheduled its third-quarter results announcement on October 15, 2026.
- Bernstein cut its target from USD 1,002 to USD 749 on October 14, 2026.
- Caterpillar stock trades at EUR 643.00 at 10:34 a.m. CEST at Lang & Schwarz on October 20, 2026, 1.77 percent below the Xetra close of October 19, 2026.
- The next reporting date is October 29, 2026.
- Caterpillar reported USD 20.54 billion in second-quarter revenue for 2026.
Caterpillar (ISIN US1491231015) is trading at EUR 643.00 at Lang & Schwarz on October 20, 2026 at 10:34 a.m. CEST, down 1.77 percent versus the Xetra close of October 19, 2026 at EUR 654.60. The company has scheduled its third-quarter results for October 29, while Bernstein has cut its price target amid concerns about bookings momentum.
Three events reset expectations
On August 4, 2026, Caterpillar reported second-quarter revenue of USD 20.54 billion, up 23.70 percent from the prior-year quarter, while earnings per share reached USD 8.17 versus a USD 6.22 consensus estimate, according to MarketBeat. On October 14, 2026, Investing.com reported that Bernstein lowered its target from USD 1,002 to USD 749 and maintained a Market Perform rating. On October 15, 2026, Caterpillar announced its third-quarter results date in an official release.
What does the target cut mean?
Bernstein's revised target reflects a more cautious view of bookings even as Caterpillar's second-quarter revenue advanced 23.70 percent year over year. The analyst report said backlog covered 100 percent of second-half 2026 revenue, compared with a historical 60 percent average, while also pointing to weaker booking momentum. The contrast gives the October 29 results a clear test: Caterpillar must show that its record revenue trajectory is translating into durable orders.
Dates investors can mark
Caterpillar will release third-quarter results on October 29, 2026, at 5:30 a.m. CDT, with its conference call scheduled for 7:30 a.m. CDT. The quarterly dividend has an October 26, 2026 ex-dividend date, and the payment is scheduled for November 19, 2026, according to MarketBeat.
Stock valuation meets execution
Caterpillar's NYSE stock closed at USD 724.96 on October 19, 2026, while its 52-week range ran from USD 510.21 to USD 1,073.46. Market capitalization stood at USD 333.6 billion on that date. The euro quotation is lower than the prior Xetra session, placing the immediate emphasis on the upcoming report rather than on the company's longer-term backlog story.
Stock trades below Xetra close
Caterpillar was trading at EUR 643.00 at Lang & Schwarz on October 20, 2026 at 10:34 a.m. CEST, 1.77 percent below the Xetra close of October 19, 2026 at EUR 654.60. The further course of trading is shown by the continuously updated real-time quote of Caterpillar stock.
Caterpillar stock facts
- Company: Caterpillar Inc.
- ISIN: US1491231015
- Ticker: CAT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 10:34 a.m. CEST): EUR 643.00
- Change versus Xetra close: minus 1.77 percent
- Xetra close (October 19, 2026): EUR 654.60
- Market capitalization: USD 333.6 billion (as of October 19, 2026)
- 52-week range: USD 510.21-1,073.46 (as of October 19, 2026)
- Sector / Industry: Industrials / Construction Machinery and Heavy Transportation Equipment
Market context: Market report S&P 500.
