Cummins Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Cummins stock have an average target of 345.67, with a low estimate of 240 and a high estimate of 451. The average target predicts an increase of 21.47% from the current stock price of 284.57.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$240	$345.67	$340	$451
Change	-15.66%	+21.47%	+19.48%	+58.48%

Analyst Ratings

The average analyst rating for Cummins stock from 13 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	4	5	5	4	4	3
Buy	2	2	1	1	1	2
Hold	5	6	7	7	7	7
Sell	2	1	1	0	0	0
Strong Sell	0	0	0	0	0	1
Total	13	14	14	12	12	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Angel Castillo Morgan Stanley	Morgan Stanley	Buy Maintains $425 → $340	Buy	Maintains	$425 → $340	+19.48%	Apr 16, 2025
David Leiker Baird	Baird	Hold Maintains $407 → $315	Hold	Maintains	$407 → $315	+10.69%	Apr 15, 2025
Tami Zakaria JP Morgan	JP Morgan	Hold Maintains $375 → $308	Hold	Maintains	$375 → $308	+8.23%	Apr 11, 2025
Kyle Menges Citigroup	Citigroup	Strong Buy Maintains $360 → $320	Strong Buy	Maintains	$360 → $320	+12.45%	Apr 8, 2025
Jamie Cook Truist Securities	Truist Securities	Hold Maintains $420 → $338	Hold	Maintains	$420 → $338	+18.78%	Apr 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

34.58B

from 34.10B

1.40%

from 34.10B

Revenue Next Year

36.97B

from 34.58B

6.92%

from 34.58B

EPS This Year

21.43

from 28.37

-24.47%

from 28.37

EPS Next Year

24.93

from 21.43

16.33%

from 21.43

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	34.58B	36.97B	36.49B
Revenue Growth	-15.95%	21.25%	16.87%	21.34%	0.11%	1.40%	6.92%	-1.30%
EPS	12.01	14.61	15.12	5.15	28.37	21.43	24.93	25.94
EPS Growth	-17.06%	21.65%	3.49%	-65.94%	450.87%	-24.47%	16.33%	4.06%
Forward PE	-	-	-	-	-	13.28	11.42	10.97
No. Analysts	-	-	-	-	-	26	25	13

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	34.6B	37.0B	36.5B
Low	30.6B	31.3B	32.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.4%	17.6%	10.1%
Avg	1.4%	6.9%	-1.3%
Low	-10.3%	-9.4%	-12.3%

EPS Forecast

EPS	2025	2026	2027
High	26.13	31.55	32.58
Avg	21.43	24.93	25.94
Low	16.37	18.13	17.64

EPS Growth

EPS Growth	2025	2026	2027
High	-7.9%	47.3%	30.7%
Avg	-24.5%	16.3%	4.1%
Low	-42.3%	-15.4%	-29.2%

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.