Caterpillar stock jumps toward $600 as 2026 begins — what to watch next for CAT sharesNEW YORK, January 4, 2026, 18:56 ET — Market closed
Caterpillar shares rose 4.4% to close at $598.41 Friday, just below $600 after touching $599.60 intraday. Wolfe Research raised its price target for the stock to $670. U.S. stocks snapped a four-day losing streak, with Caterpillar among the top Dow performers. The company reports earnings Jan. 29, with analysts expecting $4.52 per share.