Cummins Inc. (CMI)
| Market Cap | 61.75B +2.4% |
| Revenue (ttm) | 35.83B +6.7% |
| Net Income | 3.32B +24.4% |
| EPS | 23.97 +24.4% |
| Shares Out | 137.66M |
| PE Ratio | 18.72 |
| Forward PE | 13.26 |
| Dividend | $8.80 (1.96%) |
| Ex-Dividend Date | Nov 20, 2026 |
| Volume | 3,384,764 |
| Open | 448.00 |
| Previous Close | 471.84 |
| Day's Range | 443.62 - 474.27 |
| 52-Week Range | 427.50 - 737.76 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 708.66 (+57.98%) |
| Earnings Date | Nov 5, 2026 |
About CMI
Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; and on- and off-highway, and other products. The company also provides aftertreatment technology and solutions comprising custom engineering systems and integrated controls, oxidation catalysts, particulate filters, and selective catalytic reduction sys... [Read more]
Financial Performance
In 2025, Cummins's revenue was $33.67 billion, a decrease of -1.27% compared to the previous year's $34.10 billion. Earnings were $2.84 billion, a decrease of -27.95%.
Financial StatementsAnalyst Summary
According to 22 analysts, the average rating for CMI stock is "Buy." The 12-month stock price target is $708.66, which is an increase of 57.98% from the latest price.
News
These Are the Stocks Reporting Earnings Today – November 5, 2026
Here’s a look at today’s key earnings reports from major publicly traded companies. Toyota ($TM), ConocoPhillips ($COP) and Cummins ($CMI) have already released their results this morning, while sever...
Cummins Earnings Call Transcript: Q3 2026
Q3 revenue grew 13% and record EBITDA reached $1.8B, driven by truck recovery and strong data-center power demand. FY26 revenue growth guidance was reset to ~10%, mainly on weaker pickup demand, while capacity constraints shift some shipments into Q4.
Cummins Slides: Q3 2026
Cummins has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 5, 2026.
Cummins Earnings release: Q3 2026
Cummins released its Q3 2026 earnings on November 5, 2026, summarizing the period's financial results.
Cummins Quarterly report: Q3 2026
Cummins has published its Q3 2026 quarterly earnings report on November 5, 2026.
Cummins reports Q3 EPS $8.25, consensus $8.28
Reports Q3 revenue $9.4B, consensus $9.87B. “We delivered record EBITDA and earnings per share in the third quarter, led by continued strength in our Power Systems business,” said Jennifer Rumsey,…
Cummins lowers FY26 revenue growth view to 10% from 10%-13%
Based on its current forecast, Cummins (CMI) expects revenue growth of approximately 10% compared to our prior guidance of 10% to 13%. EBITDA margins are expected to be approximately 18.2%,…
Cummins Reports Strong Third Quarter 2026 Results
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2026. “We delivered record EBITDA and earnings per share in the third quarter, led by continue...
Cummins price target lowered to $608 from $760 at Wells Fargo
Wells Fargo lowered the firm’s price target on Cummins (CMI) to $608 from $760 and keeps an Overweight rating on the shares. AI funding stress has accelerated over the past…
Cummins price target lowered to $675 from $760 at Barclays
Barclays analyst Adam Seiden lowered the firm’s price target on Cummins (CMI) to $675 from $760 and keeps an Overweight rating on the shares. The firm adjusted targets in the…
Cummins Inc. Declares Quarterly Common Stock Dividend
COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 2.20 dollars per share. The dividend is payable on December...
Cummins price target lowered to $630 from $790 at Citi
Citi lowered the firm’s price target on Cummins (CMI) to $630 from $790 and keeps a Buy rating on the shares. The firm adjusted targets in the machinery group as…
Cummins price target lowered to $760 from $874 at Wells Fargo
Wells Fargo lowered the firm’s price target on Cummins (CMI) to $760 from $874 and keeps an Overweight rating on the shares. The firm sees a tug of war between…
Cummins price target lowered to $779 from $894 at Truist
Truist lowered the firm’s price target on Cummins (CMI) to $779 from $894 and keeps a Buy rating on the shares as part of a broader research note previewing Q3…
Cummins price target lowered to $741 from $835 at UBS
UBS lowered the firm’s price target on Cummins (CMI) to $741 from $835 and keeps a Buy rating on the shares. Consensus does not reflect the mechanics of the EPA…
EquipmentShare, Cummins collaborate to deploy 1 GW of mobile power
EquipmentShare.com (EQPT) announced a multi-year fleet agreement with Cummins (CMI). This relationship positions EquipmentShare as a key rental and distribution channel for Cummins, with expected flee...
EquipmentShare, Cummins collaborate to deploy 1 GW of mobile power
EquipmentShare.com (EQPT) announced a multi-year fleet agreement with Cummins (CMI). This relationship positions EquipmentShare as a key rental and distribution channel for Cummins, with expected flee...
Cummins price target lowered to $600 from $690 at JPMorgan
JPMorgan lowered the firm’s price target on Cummins (CMI) to $600 from $690 and keeps a Neutral rating on the shares after meeting with management. The recent share selloff has…
Cummins Transcript: Morgan Stanley's 14th Annual Laguna Conference
North American truck demand is strong, driven by EPA clarity and fleet profitability, with 2027 cost increases sustaining demand into late 2026. New products focus on efficiency and reliability. Data center power solutions see multi-year demand and capacity growth. Capital shifts to high-growth areas, with ongoing investment in technology and aftermarket opportunities.
Cummins management to meet with Oppenheimer
Meeting to be held in Indianapolis on August 26 hosted by Oppenheimer.
Cummins initiated with an Outperform at CICC
CICC initiated coverage of Cummins (CMI) with an Outperform rating and $781 price target
Cummins selected to supply BESS for large data center project
Cummins (CMI) announced that its Power Generation business has been selected to supply battery energy storage systems for a large U.S. data center project, supporting utility-defined requirements for ...
Cummins selected to supply battery energy storage systems for large U.S. data center project
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced that its Power Generation business has been selected to supply battery energy storage systems (BESS) for a large U.S. data cen...
Cummins price target lowered to $690 from $725 at JPMorgan
JPMorgan analyst Tami Zakaria lowered the firm’s price target on Cummins (CMI) to $690 from $725 and keeps a Neutral rating on the shares post the Q2 report. The firm…
Cummins price target lowered to $894 from $901 at Truist
Truist lowered the firm’s price target on Cummins (CMI) to $894 from $901 and keeps a Buy rating on the shares.