Caterpillar shares are little changed at $646.70 as markets remain closed, but the company faces significant pressure from mounting tariff threats despite recent strong Q3 2025 earnings.
- The new tariffs, announced by President Trump, start at 10% on eight European nations and are scheduled to escalate to 25% by June 1.
- The company previously incurred substantial tariff costs of $1.6-$1.75 billion during 2025, highlighting the potential financial strain on margins.
- Recent performance was strong, with the stock gaining approximately 4.8% over the past month, supported by Q3 2025 revenue of $17.64 billion and $4.95 adjusted EPS.