Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
549.77
-1.13 (-0.21%)
Sep 3, 2026, 1:42 PM EDT - Market open

Cummins Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Cummins stock has a consensus rating of "Buy" and an average price target of $757.02. The average 1-year stock price forecast is 37.70% higher than the current stock price, while the lowest is $530 (-3.60%) and the highest is $894 (+62.61%).

Price Target: $757.02 (+37.70%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$530$757.02$771$894
Change-3.60%+37.70%+40.24%+62.61%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy899101011
Buy444444
Hold1198777
Sell011111
Strong Sell000000
Total232322222223

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Hold
Maintains
$700
HoldMaintains$700+27.33%Sep 3, 2026
Unknown Analyst
CICC
No rating
CICC
Buy
Initiates
$781
BuyInitiates$781+42.06%Aug 24, 2026
Jefferies
Jefferies
Buy
Maintains
$675
BuyMaintains$675+22.78%Aug 24, 2026
Argus Research
Argus Research
Buy
Reiterates
$770
BuyReiterates$770+40.06%Aug 14, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$874
BuyMaintains$874+58.98%Aug 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
37.62B
from 33.67B
Increased by 11.73%
Revenue Next Year
40.87B
from 37.62B
Increased by 8.65%
EPS This Year
29.66
from 23.78
Increased by 24.73%
EPS Next Year
34.50
from 29.66
Increased by 16.32%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
24.02B28.07B34.07B34.10B33.67B37.62B
Revenue Growth
21.25%16.87%21.34%0.11%-1.27%11.73%
Gross Profit
5.70B6.74B8.25B8.55B8.67B10.18B
Gross Margin
23.71%23.99%24.22%25.07%25.76%27.06%
Operating Income
2.20B2.69B1.28B3.78B4.10B5.59B
Net Income
2.13B2.15B735.00M3.95B2.84B3.95B
EPS
----23.7829.66
EPS Growth
----4.94%24.73%
Forward PE
13.2812.6212.5015.9521.2718.53
Dividend / Share
5.606.046.507.007.648.36
Dividend Growth
6.00%7.86%7.62%7.69%9.14%9.37%
Free Cash Flow
905.63M257.88M2.81B14.63M1.37B3.26B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High38.7B
Avg37.6B
Low36.0B

Revenue Growth

Revenue Growth202620272028
High
15.0%
Avg
11.7%
Low
7.0%

EPS Forecast

EPS202620272028
High30.53
Avg29.66
Low28.80

EPS Growth

EPS Growth202620272028
High
28.4%
Avg
24.7%
Low
21.1%