SHA:688072 News 25 January 2026

January 25, 2026, 1:41 AM EST. Caterpillar's (CAT) shares surged 55.8% over the past year, closing at US$626.62, but recent declines and valuation metrics raise caution. A Discounted Cash Flow (DCF) model values CAT around US$500.19, indicating the stock trades about 25% above intrinsic value. Its price-to-earnings (P/E) ratio of 31.62x surpasses industry and peer averages, suggesting the shares may be expensive amid strong growth expectations. Investors should weigh Caterpillar's position as a barometer for construction and infrastructure trends against its elevated valuation before investing.