The company announced a global framework agreement with Atlas Energy Solutions Inc. to manufacture approximately 1.4 GW of power generation equipment scheduled for delivery between 2027 and 2029. The deal includes total purchase commitments of about $840.0 million throughout the contract period. Representatives of Atlas Energy Solutions Inc. stated that if the project is fully implemented, production capacity could reach 2.0 GW by 2030. Overall, analysts continue to maintain positive assessments of the issuer’s shares. Experts at Oppenheimer Holdings Inc. noted that tractor inventories have declined for eleven consecutive months, reaching the lowest level since September 2023 and standing roughly 30.0% below the historical average for 2014–2020. As a result, construction equipment sales remain strong, which could become a key driver of revenue growth in the first quarter.
The financial report for the first quarter will be published in mid-April. Revenue is expected to decline from $19.10 billion to $16.29 billion compared with $14.25 billion a year earlier, while earnings per share may rise from $4.25 to $4.54 compared with $5.16 respectively. The next dividend payment has not yet been confirmed, while the most recent payout took place on February 19, when shareholders received $1.51 per share. Despite the consistency and stability of dividend payments, the yield currently stands at 0.93%, below the sector average of 1.49%, which remains one of the factors limiting the asset’s investment appeal.
Support and resistance levels
On the daily chart, the instrument is approaching the support line of an ascending channel with dynamic boundaries of 830.00–670.00.
Technical indicators are strengthening the sell signal received earlier this week: the fast EMAs of the Alligator indicator are diverging from the signal line, while the AO histogram is forming corrective bars in the negative zone.
Resistance levels: 752.00, 828.00.
Support levels: 677.00, 585.00.
Trading scenarios and Caterpillar stock forecast
Short positions can be opened after the price declines and consolidates below 677.00 with a target at 585.00 and a stop loss at 700.00. Implementation period: 7 days or more.
Long positions can be opened after the price rises and consolidates above 752.00 with a target at 828.00. Stop loss — below 720.00.
Scenario
| Timeframe | Weekly |
| Recommendation | SELL STOP |
| Entry Point | 676.95 |
| Take Profit | 585.00 |
| Stop Loss | 700.00 |
| Key Levels | 585.00, 677.00, 752.00, 828.00 |
Alternative Scenario
| Recommendation | BUY STOP |
| Entry Point | 752.05 |
| Take Profit | 828.00 |
| Stop Loss | 720.00 |
| Key Levels | 585.00, 677.00, 752.00, 828.00 |
