Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
428.74
-8.97 (-2.05%)
Nov 4, 2025, 4:00 PM EST - Market closed

Cummins Stock Forecast

Stock Price Forecast

The 12 analysts that cover Cummins stock have a consensus rating of "Buy" and an average price target of $408.08, which forecasts a -4.82% decrease in the stock price over the next year. The lowest target is $240 and the highest is $500.

Price Target: $408.08 (-4.82%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$240$408.08$431$500
Change-44.02%-4.82%+0.53%+16.62%

Analyst Ratings

The average analyst rating for Cummins stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

RatingMay '25Jun '25Jul '25Aug '25Sep '25Oct '25
Strong Buy333344
Buy222333
Hold665555
Sell000000
Strong Sell111111
Total121211121313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Maintains
$387$430
HoldMaintains$387$430+0.29%Oct 20, 2025
JP Morgan
JP Morgan
Hold
Maintains
$400$460
HoldMaintains$400$460+7.29%Oct 14, 2025
Truist Securities
Truist Securities
Hold
Maintains
$380$434
HoldMaintains$380$434+1.23%Oct 8, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$425$485
Strong BuyMaintains$425$485+13.12%Sep 23, 2025
Melius Research
Melius Research
Strong Buy
Upgrades
$500
Strong BuyUpgrades$500+16.62%Sep 3, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
33.30B
from 34.10B
Decreased by -2.36%
Revenue Next Year
34.74B
from 33.30B
Increased by 4.34%
EPS This Year
22.32
from 28.37
Decreased by -21.33%
EPS Next Year
25.09
from 22.32
Increased by 12.41%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
19.81B24.02B28.07B34.07B34.10B33.30B34.74B
Revenue Growth
-15.95%21.25%16.87%21.34%0.11%-2.36%4.34%
EPS
12.0114.6115.125.1528.3722.3225.09
EPS Growth
-17.06%21.65%3.49%-65.94%450.87%-21.33%12.41%
Forward PE
-----19.2117.09
No. Analysts
-----2525
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High36.1B39.7B
Avg33.3B34.7B
Low31.4B31.7B

Revenue Growth

Revenue Growth20252026202720282029
High
6.0%
19.3%
Avg
-2.4%
4.3%
Low
-8.0%
-4.9%

EPS Forecast

EPS20252026202720282029
High26.1531.21
Avg22.3225.09
Low20.1920.83

EPS Growth

EPS Growth20252026202720282029
High
-7.8%
39.8%
Avg
-21.3%
12.4%
Low
-28.8%
-6.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.