Caterpillar Surges 190%—Analysts Say Hold for Now
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The post Caterpillar Surges 190%—Analysts Say Hold for Now appeared first on 24/7 Wall St..
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Caterpillar (CAT) posted Q1 2026 revenue of $17.41B (+22% YoY) with Power Generation revenue surging 41% YoY on data center engine and turbine demand, though manufacturing cost headwinds reached $710M and cash reserves fell from $9.98B to $4.07B.
Quick Read
Caterpillar (CAT) posted Q1 2026 revenue of $17.41B (+22% YoY) with Power Generation revenue surging 41% YoY on data center engine and turbine demand, though manufacturing cost headwinds reached $710M and cash reserves fell from $9.98B to $4.07B.
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