Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
605.63
+2.94 (0.49%)
At close: Feb 4, 2026, 4:00 PM EST
572.60
-33.03 (-5.45%)
Pre-market: Feb 5, 2026, 8:32 AM EST

Cummins Stock Forecast

Stock Price Forecast

The 12 analysts that cover Cummins stock have a consensus rating of "Buy" and an average price target of $532.08, which forecasts a -12.14% decrease in the stock price over the next year. The lowest target is $350 and the highest is $653.

Price Target: $532.08 (-12.14%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$350$532.08$580$653
Change-42.21%-12.14%-4.23%+7.82%

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

RatingSep '25Oct '25Nov '25Dec '25Jan '26Feb '26
Strong Buy445444
Buy334655
Hold555444
Sell000000
Strong Sell110000
Total131314141313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wolfe Research
Wolfe Research
Hold
Downgrades
n/a
HoldDowngradesn/an/aJan 26, 2026
Barclays
Barclays
Buy
Maintains
$546$610
BuyMaintains$546$610+0.72%Jan 23, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$599$630
BuyMaintains$599$630+4.02%Jan 23, 2026
JP Morgan
JP Morgan
Hold
Maintains
$485$580
HoldMaintains$485$580-4.23%Jan 14, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$580$630
Strong BuyMaintains$580$630+4.02%Jan 13, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
33.70B
from 34.10B
Decreased by -1.18%
Revenue Next Year
35.58B
from 33.70B
Increased by 5.58%
EPS This Year
23.32
from 28.37
Decreased by -17.81%
EPS Next Year
26.66
from 23.32
Increased by 14.35%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
19.81B24.02B28.07B34.07B34.10B33.70B35.58B
Revenue Growth
-15.95%21.25%16.87%21.34%0.11%-1.18%5.58%
EPS
12.0114.6115.125.1528.3723.3226.66
EPS Growth
-17.06%21.65%3.49%-65.94%450.87%-17.81%14.35%
Forward PE
-----25.9722.71
No. Analysts
-----2525
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High36.4B40.4B
Avg33.7B35.6B
Low32.4B33.1B

Revenue Growth

Revenue Growth20252026202720282029
High
6.8%
19.8%
Avg
-1.2%
5.6%
Low
-4.9%
-1.7%

EPS Forecast

EPS20252026202720282029
High25.9533.80
Avg23.3226.66
Low21.9323.32

EPS Growth

EPS Growth20252026202720282029
High
-8.5%
45.0%
Avg
-17.8%
14.4%
Low
-22.7%
0.0%
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.