Caterpillar Stock Surges to 86th in Market Activity with $884 Million Trading Volume

On June 20, 2025, Caterpillar (CAT) saw a trading volume of $884 million, ranking 86th in the day's market activity. The stock rose by 0.22%, marking its second consecutive day of gains, with a total increase of 0.81% over the past two days.

Baird has increased its price target for Caterpillar (CAT) from $395 to $422, reflecting a significant upward revision in the firm's outlook. This adjustment comes with an "outperform" rating, indicating Baird's confidence in the company's future performance. The firm's analyst, Mircea Dobre, has maintained the buy rating while updating the target price, suggesting a positive outlook for Caterpillar's stock.

This price target increase is part of a broader trend among analysts who are revising their estimates for Caterpillar. The average target price among analysts stands at $352.53, with a high estimate of $422.00 and a low estimate of $243.00. This revision by Baird is notable as it represents one of the highest estimates among analysts, underscoring the firm's bullish stance on the stock.