CAT
Caterpillar Inc.
CAT's fundamentals are strong, but it looks expensive: trading at 24x earnings, above its usual 18x. Analysts expect strong earnings growth, though they disagree widely on how much.
OPNW
VerifyMe, Inc.
There isn't enough reported data to score OPNW yet.
CAT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
CAT's revenue, profitability, cash flow and balance sheet are all currently healthy.
OPNW Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Unavailable | |
| Unavailable |
OPNW's revenue and profitability are currently weak. There isn't enough data to rate its cash flow and balance sheet.
CAT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $380 | -37% |
| Fair | 18x | $461 | -24% |
| Forward | 20x | $605 | — |
| Current | 24x | $605 | — |
| Expensive | 33x | $840 | +39% |
Historical ranges are pointers, not guarantees.
CAT's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 20x next year's earnings, in its fair range.
OPNW PE Valuation
OPNW has no meaningful PE right now: it lost money over the past year.
CAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for CAT, with profitability improving. However, they disagree widely on these estimates.
OPNW Forward outlook
There aren't enough analyst estimates for OPNW to show an outlook.
CAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $30.32 | +19% |
| Q3 2026 | $25.48 | +31% |
| Q2 2026 | $23.23 | +18% |
| Q1 2026 | $20.08 | -2% |
| Q4 2025 | $18.81 | -15% |
| Q3 2025 | $19.46 | -9.7% |
| Q2 2025 | $19.64 | -10% |
| Q1 2025 | $20.50 | -7.4% |
| Q4 2024 | $22.05 | +9.6% |
CAT has the edge over OPNW on earnings quality, reporting a profit while its opponent remains loss making.
OPNW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$4.10 | -$0.50 |
| Q1 2026 | -$3.90 | -$0.20 |
| Q4 2025 | -$3.90 | -$0.20 |
| Q3 2025 | -$3.90 | -$0.80 |
| Q2 2025 | -$3.60 | -$1.90 |
| Q1 2025 | -$3.70 | -$1.40 |
| Q4 2024 | -$3.70 | -$0.20 |
| Q3 2024 | -$3.10 | +$0.28 |
OPNW is still losing money, but far less than before: $4.10 per share over the past year, against $20.00 at its worst in late 2019.
CAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $20.7B | +17% |
| Q2 2026 | $20.5B | +24% |
| Q1 2026 | $17.4B | +22% |
| Q4 2025 | $19.1B | +18% |
| Q3 2025 | $17.6B | +9.5% |
| Q2 2025 | $16.6B | -0.7% |
| Q1 2025 | $14.2B | -9.8% |
| Q4 2024 | $16.2B | -5% |
CAT has the edge over OPNW on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +3.1 points |
| Q2 2026 | 21% | +3.6 points |
| Q1 2026 | 18% | -0.4 points |
| Q4 2025 | 14% | -4.1 points |
| Q3 2025 | 17% | -2.2 points |
| Q2 2025 | 17% | -3.6 points |
| Q1 2025 | 18% | -4.2 points |
| Q4 2024 | 18% | -0.3 points |
CAT has the edge over OPNW on profitability, with a higher operating margin.
OPNW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.9M | -58% |
| Q1 2026 | $1.8M | -60% |
| Q4 2025 | $2.4M | -69% |
| Q3 2025 | $5M | -7.4% |
| Q2 2025 | $4.5M | -16% |
| Q1 2025 | $4.5M | -23% |
| Q4 2024 | $7.7M | -12% |
| Q3 2024 | $5.4M | -3% |
OPNW's revenue has slid since its 2022 peak: $2M last quarter, down 58% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -29% | -22 points |
| Q1 2026 | -43% | -30 points |
| Q4 2025 | -30% | -26 points |
| Q3 2025 | -68% | -15 points |
| Q2 2025 | -7.1% | +2.9 points |
| Q1 2025 | -13% | -2.1 points |
| Q4 2024 | -4.4% | -5.2 points |
| Q3 2024 | -53% | -38 points |
OPNW's operating margin was −29% last quarter, down 22 points from the same quarter a year ago.
CAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.7B | +19% |
| Q2 2026 | $3.8B | +47% |
| Q1 2026 | $1.1B | +97% |
| Q4 2025 | $2.7B | +0.1% |
| Q3 2025 | $3.1B | -1.5% |
| Q2 2025 | $2.6B | -4.2% |
| Q1 2025 | $579M | -63% |
| Q4 2024 | $2.7B | -22% |
OPNW has the stronger cash trend. Its trailing FCF is up 93% versus its history, compared with CAT at up 39%.
OPNW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q4 2025 | $43K | -92% |
| Q4 2024 | $569K | -32% |
| Q3 2024 | -$12K | +$124K |
| Q2 2024 | $369K | +$717K |
| Q1 2024 | -$62K | +$77K |
| Q2 2023 | -$348K | +$1.3M |
| Q1 2023 | -$139K | +$862K |
| Q2 2022 | -$1.6M | -$860K |
OPNW has burned cash in most quarters: −$111,000 over the past year, against $1M the year before.
CAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -1.6M shares |
| 1 year | -2.1% | -9.9M shares |
| 3 years | -10% | -51.7M shares |
| 5 years | -16% | -86.7M shares |
| Available history | -19% | -107M shares |
CAT has the edge over OPNW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2B |
| Q2 2026 | $1.5B |
| Q1 2026 | $5B |
| Q4 2025 | $340M |
| Q3 2025 | $362M |
| Q2 2025 | $828M |
| Q1 2025 | $3.7B |
| Q4 2024 | $640M |
CAT spent $8.1B buying back its own shares over the past year, up 47% from the year before.
OPNW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +714 shares |
| 1 year | +5.7% | +71.6K shares |
| 3 years | +37% | +359K shares |
| 5 years | +81% | +597K shares |
| Available history | +581% | +1.1M shares |
OPNW has 1M diluted shares, up 5.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | $68,000 |
| Q4 2024 | $17,000 |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $1,000 |
| Q4 2023 | — |
| Q3 2023 | — |
CAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | 2.0x | Healthy |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -0.4x | Net Cash |
| Q1 2025 | -0.3x | Net Cash |
| Q4 2024 | 1.6x | Healthy |
CAT has more cash than debt.
OPNW Net Leverage
OPNW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
CAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.7 | Neutral |
| Stochastic | 6.7 | Oversold |
CAT's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
OPNW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.7 | Oversold |
| Stochastic | 0.3 | Oversold |
OPNW's weekly RSI is 29 (oversold) and its Stochastic is 0 (oversold).
CAT PE vs Industrials Sector
| Metric | CAT | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 24x | 1.3% below |
| PE % | 69 | 58 | 11 pts above |
CAT is trading at 24x earnings, in line with the Industrials sector's median of 24x.
OPNW PE vs Industrials Sector
| Metric | OPNW | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
OPNW has no meaningful PE right now: it lost money over the past year.
CAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $709.0 | 15% below |
| 20 week MA | $797.0 | 24% below |
| 50 week MA | $771.3 | 22% below |
| 100 week MA | $586.7 | 3.2% above |
| 200 week MA | $443.1 | 37% above |
CAT has the edge over OPNW on trend strength, trading above more of its moving averages.
OPNW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.23 | 83% below |
| 20 week MA | $5.33 | 90% below |
| 50 week MA | $7.21 | 93% below |
| 100 week MA | $8.48 | 94% below |
| 200 week MA | $10.9 | 95% below |
OPNW is in a downtrend: it's below all five of its weekly moving averages, and 95% below its 200-week average.
CAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $148.3 | $179.6 | +21% |
| 2021 | $179.6 | $206.2 | +15% |
| 2022 | $206.2 | $239.9 | +16% |
| 2023 | $239.9 | $295.7 | +23% |
| 2024 | $295.7 | $364.9 | +23% |
| 2025 | $364.9 | $583.0 | +60% |
| 2026 YTD | $583.0 | $605.3 | +3.8% |
CAT has the edge over OPNW on returns for 2026, with the stronger performance.
OPNW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.0 | $37.3 | +24% |
| 2021 | $37.3 | $33.2 | -11% |
| 2022 | $33.2 | $11.9 | -64% |
| 2023 | $11.9 | $11.2 | -5.9% |
| 2024 | $11.2 | $7.44 | -34% |
| 2025 | $7.44 | $6.56 | -12% |
| 2026 YTD | $6.56 | $0.54 | -92% |
OPNW has finished five years in a row lower, and it's down 92% so far in 2026.