Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
326.26
+9.03 (2.85%)
At close: May 27, 2025, 4:00 PM
327.15
+0.89 (0.27%)
After-hours: May 27, 2025, 7:56 PM EDT
Cummins Stock Forecast
Stock Price Forecast
According to 11 professional analysts, the 12-month price target for Cummins stock ranges from a low of $240 to a high of $435. The average analyst price target of $357.91 forecasts a 9.70% increase in the stock price over the next year.
Price Target: $357.91 (+9.70%)
Analyst Consensus: Buy
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
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 3 | 3 |
| Buy | 2 | 1 | 1 | 1 | 2 | 2 |
| Hold | 6 | 7 | 7 | 7 | 7 | 6 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 14 | 14 | 12 | 12 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold → Strong Buy Upgrades $410 → $431 | Hold → Strong Buy | Upgrades | $410 → $431 | +32.10% | May 27, 2025 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $451 → $419 | Buy | Maintains | $451 → $419 | +28.43% | May 19, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $320 → $350 | Strong Buy | Maintains | $320 → $350 | +7.28% | May 12, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $340 → $350 | Buy | Maintains | $340 → $350 | +7.28% | May 6, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $308 → $320 | Hold | Maintains | $308 → $320 | -1.92% | May 6, 2025 |
Financial Forecast
Revenue This Year
33.35B
from 34.10B
Decreased by -2.20%
Revenue Next Year
35.29B
from 33.35B
Increased by 5.80%
EPS This Year
21.07
from 28.37
Decreased by -25.73%
EPS Next Year
23.65
from 21.07
Increased by 12.23%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 36.0B | 38.6B | 40.7B | ||
| Avg | 33.4B | 35.3B | 36.7B | ||
| Low | 31.0B | 31.5B | 30.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.6% | 15.6% | 15.4% | ||
| Avg | -2.2% | 5.8% | 3.9% | ||
| Low | -9.2% | -5.6% | -12.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 26.13 | 27.41 | 34.02 | |
| Avg | 21.07 | 23.65 | 26.46 | |
| Low | 17.58 | 19.36 | 18.13 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | -7.9% | 30.1% | 43.9% | |
| Avg | -25.7% | 12.2% | 11.9% | |
| Low | -38.0% | -8.1% | -23.3% |
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.