Cummins Inc. (CMI)
| Market Cap | 88.25B +109.1% |
| Revenue (ttm) | 33.89B +0.1% |
| Net Income | 2.67B -3.7% |
| EPS | 19.25 -4.2% |
| Shares Out | 137.99M |
| PE Ratio | 33.22 |
| Forward PE | 21.29 |
| Dividend | $8.00 (1.25%) |
| Ex-Dividend Date | May 22, 2026 |
| Volume | 1,107,081 |
| Open | 647.91 |
| Previous Close | 636.78 |
| Day's Range | 628.09 - 656.15 |
| 52-Week Range | 307.91 - 718.08 |
| Beta | 1.27 |
| Analysts | Buy |
| Price Target | 721.44 (+12.8%) |
| Earnings Date | May 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 $721.44, which is an increase of 12.80% from the latest price.
News
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 raises 2030 financial targets
At a meeting with analysts and shareholders, members of the leadership team of Cummins (CMI) shared the company’s plans to raise its long-term financial expectations for growth and profitability, rela...
Cummins sees 2030 revenue $45B-$50B
Sees more than 20% EBITDA margin in 2030. Comments taken from investor presentation slides.
Cummins CFO says raising expectations for revenue growth, margin expansion
Mark Smith, Cummins (CMI)’ Chief Financial Officer, summarized the company’s plans for growth, margin expansion and capital allocation: “Cummins has a proven track record of raising performance cycle ...
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 targets project $45–$50B revenue and >20% EBITDA, driven by data center demand, aftermarket growth, and disciplined investment. Power Systems and Distribution will contribute at least half of earnings, with new products and capacity expansions supporting long-term growth.
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 found liable for misappropriation of C3 AI trade secrets
C3.ai (AI) announced that on May 19, a jury in the Superior Court of the State of Delaware returned a unanimous verdict in favor of C3 AI in its lawsuit…
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.
Cummins price target raised to $845 from $694 at Evercore ISI
Evercore ISI raised the firm’s price target on Cummins (CMI) to $845 from $694 and keeps an Outperform rating on the shares.
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...
Cummins price target raised to $770 from $710 at Citi
Citi raised the firm’s price target on Cummins (CMI) to $770 from $710 and keeps a Buy rating on the shares. The firm upped estimates following the company’s “strong” Q1…
Cummins price target raised to $760 from $610 at Barclays
Barclays raised the firm’s price target on Cummins (CMI) to $760 from $610 and keeps an Overweight rating on the shares. The firm updated the company’s model post the Q1…
Cummins price target raised to $752 from $675 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Cummins (CMI) to $752 from $675 and keeps an Overweight rating on the shares after the company reported a strong earnings beat…
Cummins price target raised to $700 from $640 at Baird
Baird raised the firm’s price target on Cummins (CMI) to $700 from $640 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results. Published…
Cummins price target raised to $725 from $600 at JPMorgan
JPMorgan raised the firm’s price target on Cummins (CMI) to $725 from $600 and keeps a Neutral rating on the shares.
Cummins price target raised to $815 from $730 at Truist
Truist raised the firm’s price target on Cummins (CMI) to $815 from $730 and keeps a Buy rating on the shares. The firm cites the company’s Q1 earnings beat as…
Jim Cramer: Here's the list of AI winners to buy for 2026 and beyond
CNBC's Jim Cramer said the data center and artificial intelligence boom is spreading to every corner of the market. Cramer referenced Nvidia CEO Jensen Huang's framework that describes the AI economy ...
Cummins Earnings Call Transcript: Q1 2026
Q1 2026 saw 3% revenue growth to $8.4B, driven by strong power generation demand, offsetting weaker North America truck sales. Guidance for 2026 was raised, with improved outlooks across all segments and continued robust shareholder returns.
Cummins Earnings release: Q1 2026
Cummins released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
Cummins Slides: Q1 2026
Cummins has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 5, 2026.