
Caterpillar stock surges 60% in 2026 on AI-driven power boom, with buy rating and $984 price target.
Caterpillar has gained nearly 60% in 2026, driven by strong Q1 results including a 22% revenue increase and a 41% surge in Power Generation revenue due to AI data center demand. The company raised its sales guidance and dividend, supported by a $63 b...

