Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
355.97
-12.21 (-3.32%)
Mar 3, 2025, 4:00 PM EST - Market closed

Cummins Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Cummins stock have an average target of 390, with a low estimate of 292 and a high estimate of 451. The average target predicts an increase of 9.56% from the current stock price of 355.97.

Analyst Consensus: Buy
Target Low Average Median High
Price $292 $390 $407 $451
Change -17.97% +9.56% +14.34% +26.70%

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 Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 444554
Buy 112211
Hold 665677
Sell 332110
Strong Sell 000000
Total 141413141412

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$408$451
Buy Maintains $408$451 +26.70% Feb 19, 2025
Baird
Baird
Hold
Maintains
$395$407
Hold Maintains $395$407 +14.34% Feb 5, 2025
Barclays
Barclays
Hold
Maintains
$310$381
Hold Maintains $310$381 +7.03% Feb 5, 2025
Truist Securities
Truist Securities
Hold
Maintains
$424$425
Hold Maintains $424$425 +19.39% Jan 16, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$435$430
Strong Buy Maintains $435$430 +20.80% Jan 14, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
35.08B
from 34.10B
Increased by 2.87%
Revenue Next Year
37.96B
from 35.08B
Increased by 8.22%
EPS This Year
22.89
from 28.37
Decreased by -19.30%
EPS Next Year
27.48
from 22.89
Increased by 20.04%
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
19.81B24.02B28.07B34.07B34.10B35.08B37.96B36.50B
Revenue Growth
-15.95%21.25%16.87%21.34%0.11%2.87%8.22%-3.86%
EPS
12.0114.6115.125.1528.3722.8927.4826.56
EPS Growth
-17.06%21.65%3.49%-65.94%450.87%-19.30%20.04%-3.34%
Forward PE
-----15.5512.9513.40
No. Analysts -----252210
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 37.7B 40.7B 39.6B
Avg 35.1B 38.0B 36.5B
Low 33.5B 35.8B 32.4B

Revenue Growth

Revenue Growth 2025202620272028
High
10.4%
16.0%
4.4%
Avg
2.9%
8.2%
-3.9%
Low
-1.8%
2.0%
-14.5%

EPS Forecast

EPS 2025202620272028
High 26.21 32.56 31.91
Avg 22.89 27.48 26.56
Low 19.53 22.66 19.11

EPS Growth

EPS Growth 2025202620272028
High
-7.6%
42.2%
16.1%
Avg
-19.3%
20.0%
-3.3%
Low
-31.2%
-1.0%
-30.5%
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.