New York, Jan 5, 2026, 19:59 EST — After-hours
- Caterpillar shares rose nearly 3% in the regular session and edged higher after hours. 1
- The company said CEO Joe Creed will keynote CES on Jan. 7, with Nvidia’s robotics and edge AI chief joining to announce an expanded collaboration. 2
- Investors are watching for details on how Caterpillar’s industrial AI push translates into revenue and margins ahead of its next results update. 2
Caterpillar’s stock closed up 2.96% on Monday and was up about 0.3% in after-hours trading as the heavy equipment maker laid out plans to showcase “industrial AI” — artificial intelligence applied to machine and jobsite data — and autonomy, or equipment operating with less human control, at CES 2026. 1
The timing matters because CES puts a global spotlight on companies trying to turn AI buzz into products customers will pay for, and Caterpillar has leaned into technology as a growth narrative alongside its cyclical construction and mining business. 2
Traders also see the keynote as a near-term catalyst: it is one of the first big public stages for CEO Joe Creed to frame Caterpillar’s tech strategy, and the company has flagged a deeper tie-up with Nvidia, a bellwether for AI spending. 2
Caterpillar said its CES keynote will take place on Wednesday, Jan. 7, at 9:00 a.m. PST in Las Vegas, with Nvidia Vice President of Robotics and Edge AI Deepu Talla set to join company leaders to announce an expanded collaboration. (Caterpillar release: https://investors.caterpillar.com/news/news-details/2026/Caterpillar-to-Showcase-Next-Era-in-Industrial-AI-and-Autonomy-at-CES-2026/default.aspx) 2
“Caterpillar’s legacy of innovation is rooted in solving our customers’ toughest challenges, and that mission continues to guide our future,” Creed said in the release. 2
On the show floor, Caterpillar said it will demonstrate AI-enabled guidance and fleet tools on a Cat 306 mini excavator, highlight how it turns operating data into “actionable insights,” and present an “Innovation Theater” focused on connected, automated jobsites. 2
Caterpillar also said it will host a tech talk with customer WM on Jan. 7, discussing autonomous solutions in landfills. 2
Caterpillar shares ended the session at $616.10, up $17.69, and traded around $617.77 after hours, according to StockAnalysis. (Price source: https://stockanalysis.com/stocks/cat/history/) 1
The broader market finished higher, with the Dow up 1.2% and the S&P 500 up 0.6%, according to the Associated Press, a backdrop that helped industrial bellwethers. 3
Separately, a Form 4 filing signed Monday showed CFO Andrew Bonfield sold 10,000 shares in transactions dated Dec. 31, leaving him with 45,460 shares, the filing showed. (SEC filing: https://www.sec.gov/Archives/edgar/data/18230/000110465926000564/xslF345X05/tm261893-1_4seq1.xml) 4
But the CES spotlight cuts both ways: if Caterpillar offers few specifics on commercialization, or if investors refocus on the pace of construction and mining demand rather than software-led gains, the stock’s rally can fade quickly. 2
Next up, traders will watch Caterpillar’s CES keynote on Wednesday, Jan. 7, at 9:00 a.m. PST, for details on the Nvidia collaboration and any concrete targets for industrial AI and autonomy. (CES schedule: https://www.ces.tech/schedule/caterpillar-keynote/) 5
