Caterpillar's Robot Trucks Are Heading to Two More Quarries. Should You Buy the Dip Under $800?

Caterpillar (NYSE:CAT | CAT Price Prediction) trades at $798.51 versus a consensus analyst target of $975.61, implying about 22% upside.

The real question is whether this milestone changes the case for a stock whose earnings are carried by something else entirely.

Analysts have posted 23 upward revisions to fiscal 2026 EPS in the past 30 days and zero downward revisions.

Across 28 analysts, 1 rates it Strong Buy, 13 Buy, 12 Hold, 1 Sell, and 1 Strong Sell.

Upward EPS revisions, the $72 billion backlog, and pushing autonomy down to the Cat 775 class all point in the same direction.