Cummins Inc. (CMI)
| Market Cap | 71.11B +23.5% |
| Revenue (ttm) | 34.71B +2.9% |
| Net Income | 2.72B -7.7% |
| EPS | 19.56 -8.0% |
| Shares Out | 137.66M |
| PE Ratio | 26.40 |
| Forward PE | 15.73 |
| Dividend | $8.80 (1.70%) |
| Ex-Dividend Date | Aug 21, 2026 |
| Volume | 1,092,337 |
| Open | 523.35 |
| Previous Close | 521.37 |
| Day's Range | 515.02 - 523.38 |
| 52-Week Range | 400.72 - 737.76 |
| Beta | 1.23 |
| Analysts | Buy |
| Price Target | 745.96 (+44.41%) |
| Est. Earnings | 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 23 analysts, the average rating for CMI stock is "Buy." The 12-month stock price target is $745.96, which is an increase of 44.41% from the latest price.
News
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 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 Earnings Call Transcript: Q2 2026
Record Q2 sales and EBITDA were driven by robust global demand, especially in power generation and data centers. The company raised its 2026 revenue and margin outlook, announced major capacity expansions, and increased its dividend, while navigating regulatory and capacity challenges.
Cummins Earnings release: Q2 2026
Cummins released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Cummins Slides: Q2 2026
Cummins has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Cummins Quarterly report: Q2 2026
Cummins has published its Q2 2026 quarterly earnings report on August 4, 2026.
Cummins Raises Outlook as Profit, Sales Climb
Cummins raised its outlook for the year after reporting higher profit and sales in the second quarter, boosted by accelerating orders for standby power for data centers, as well as improving North Ame...
Cummins Reports Strong Second Quarter 2026 Results; Raises Full-Year Outlook
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2026. “Cummins delivered record second-quarter results, reflecting robust customer orders for...
CMI Media Group and Compas Announce 2026 Agility Philadelphia Speakers
PHILADELPHIA, July 28, 2026 (GLOBE NEWSWIRE) -- CMI Media Group, WPP's specialty healthcare agency (NYSE: WPP) and Compas, global leaders in healthcare media and technology, are proud to announce who ...
Cummins Announces Phased Model Year 2027 Product Launch Plan
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced updates to its Model Year 2027 North American on-highway product launch plans following its review of the U.S. Environmental P...
Cummins Inc. Increases Quarterly Common Stock Dividend
COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) approved on July 12, 2026 an increase in the company's quarterly common stock cash dividend of 10% from 2.00 dollars...
Cummins Supports Customers with Updated DEF Inducement Calibrations
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. has begun updating certain engine calibrations to give operators more time to complete needed repairs and help minimize unnecessary downtime related to di...
Cummins Selects Navan to Modernize Travel Program
PALO ALTO, Calif.--(BUSINESS WIRE)--Navan (NASDAQ: NAVN), the global AI-powered business travel and expense platform, today announced that Cummins Inc. (NYSE: CMI), a global power leader and American ...
The Big 3: CMI, BA, MRSH
Jason Brown (@brownreport) talks about today's Big 3 and walks through example trades for each of his picks. He highlights Cummins (CMI) by pointing to an opportunity to participate in the AI boom.
Cummins Natural Gas Generators to Power Large Scale Data Centers in West Texas
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. announced an agreement with Circe Energy to provide a series of high-powered, high-efficiency natural gas generator sets to support a scalable, behind-the...
Cummins Transcript: 16th Annual Wells Fargo Industrials & Materials Conference
A new 120 L natural gas engine platform is set for pilot production in 2028, with full ramp-up by 2030, supporting strong data center demand and a $9–$12 billion revenue outlook. Capacity expansions are capital-efficient, supply chain constraints are being addressed, and regulatory clarity on EPA 2027 is expected soon.
MARKET VOLATILITY: Cummins CEO says company thrives in complexity
Cummins CEO Jennifer Rumsey discusses the company's 2030 revenue targets of $45 to $50 billion and data center expansion plans on ‘The Claman Countdown.'
Cummins CEO Explains How to Manage the AI Boom
Cummins raised its financial targets for 2030 at its Thursday New York City investor event.
Cummins Raises 2030 Financial Targets, Announces Large-engine Capacity and Product Investments
COLUMBUS, Ind.--(BUSINESS WIRE)--At a meeting with analysts and shareholders today, members of the leadership team of Cummins Inc. (NYSE: CMI), shared the Company's plans to raise its long-term financ...
Cummins Transcript: Investor Day 2026
Raised 2030 financial targets with revenue now expected at $45–$50 billion and EBITDA above 20%. Growth is driven by data center power generation, new engine platforms, and aftermarket expansion, with disciplined capital allocation and operational excellence supporting sustained margin improvement.
Cummins Slides: FY 2026
Cummins has posted slides in relation to its FY 2026 quarterly earnings report, which was published on May 21, 2026.
Cummins Inc. Liable for Misappropriation of C3 AI Trade Secrets
REDWOOD CITY, Calif.--(BUSINESS WIRE)--C3.ai, Inc. (NYSE: AI), the Enterprise AI application software company, today announced that on May 19, 2026, a jury in the Superior Court of the State of Delawa...
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 2.00 dollars per share. The dividend is payable on June 4, ...
Cummins Transcript: AGM 2026
The meeting covered director elections, executive compensation, and two shareholder proposals, both of which were rejected. Strong 2025 financial results were reported, with record earnings, high shareholder returns, and new product launches positioning the company for future growth.
Quantum Announces Participation in the Critical Minerals Institute (CMI) Summit
Quantum to Engage Global Industry Leaders on Securing Critical Mineral Supply Chains Vancouver, BC – TheNewswire - May 11, 2026 – Quantum Critical Metals Corp. (“Quantum” or the “Company”) (TSX.V: LEA...