Cummins Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Cummins stock have an average target of 386.73, with a low estimate of 292 and a high estimate of 451. The average target predicts an increase of 29.76% from the current stock price of 298.04.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$292	$386.73	$381	$451
Change	-2.03%	+29.76%	+27.84%	+51.32%

Analyst Ratings

The average analyst rating for Cummins stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	4	4	5	5	4	4
Buy	1	2	2	1	1	1
Hold	6	5	6	7	7	7
Sell	3	2	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	14	13	14	14	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kyle Menges Citigroup	Citigroup	Strong Buy Maintains $430 → $360	Strong Buy	Maintains	$430 → $360	+20.79%	Mar 31, 2025
Steven Fisher UBS	UBS	Strong Buy Maintains $432 → $400	Strong Buy	Maintains	$432 → $400	+34.21%	Mar 18, 2025
Tami Zakaria JP Morgan	JP Morgan	Hold Maintains $420 → $375	Hold	Maintains	$420 → $375	+25.82%	Mar 18, 2025
David Raso Evercore ISI Group	Evercore ISI Group	Buy Maintains $408 → $451	Buy	Maintains	$408 → $451	+51.32%	Feb 19, 2025
David Leiker Baird	Baird	Hold Maintains $395 → $407	Hold	Maintains	$395 → $407	+36.56%	Feb 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

34.83B

from 34.10B

2.14%

from 34.10B

Revenue Next Year

37.33B

from 34.83B

7.18%

from 34.83B

EPS This Year

22.51

from 28.37

-20.66%

from 28.37

EPS Next Year

26.46

from 22.51

17.55%

from 22.51

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	19.81B	24.02B	28.07B	34.07B	34.10B	34.83B	37.33B	36.69B
Revenue Growth	-15.95%	21.25%	16.87%	21.34%	0.11%	2.14%	7.18%	-1.72%
EPS	12.01	14.61	15.12	5.15	28.37	22.51	26.46	26.45
EPS Growth	-17.06%	21.65%	3.49%	-65.94%	450.87%	-20.66%	17.55%	-0.05%
Forward PE	-	-	-	-	-	13.24	11.26	11.27
No. Analysts	-	-	-	-	-	26	24	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	37.7B	40.7B	40.7B
Avg	34.8B	37.3B	36.7B
Low	32.5B	33.8B	32.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.4%	16.8%	9.1%
Avg	2.1%	7.2%	-1.7%
Low	-4.8%	-3.0%	-13.1%

EPS Forecast

EPS	2025	2026	2027
High	26.21	32.56	31.91
Avg	22.51	26.46	26.45
Low	19.53	21.83	19.11

EPS Growth

EPS Growth	2025	2026	2027
High	-7.6%	44.7%	20.6%
Avg	-20.7%	17.6%	-0.1%
Low	-31.2%	-3.0%	-27.8%

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.