Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
659.38
-9.30 (-1.39%)
May 29, 2026, 11:56 AM EDT - Market open
Cummins Stock Forecast
Stock Price Forecast
According to 22 analysts polled by S&P Global, Cummins stock has a consensus rating of "Buy" and an average price target of $725.12. The average 1-year stock price forecast is 9.97% higher than the current stock price, while the lowest is $520 (-21.14%) and the highest is $845 (+28.15%).
Price Target: $725.12 (+9.97%)
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 '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 8 | 8 | 9 | 9 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 11 | 11 | 10 | 11 | 9 | 8 |
| Sell | 0 | 1 | 1 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 23 | 23 | 23 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Reiterates $745 | Buy | Reiterates | $745 | +12.98% | May 26, 2026 |
| Morgan Stanley | Morgan Stanley | Buy Reiterates $752 | Buy | Reiterates | $752 | +14.05% | May 22, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $794 | Buy | Maintains | $794 | +20.42% | May 22, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Maintains $731 | Hold | Maintains | $731 | +10.86% | May 22, 2026 |
| Barclays | Barclays | Buy Maintains $610 → $760 | Buy | Maintains | $610 → $760 | +15.26% | May 22, 2026 |
Financial Forecast
Revenue This Year
37.59B
from 33.67B
Increased by 11.64%
Revenue Next Year
40.61B
from 37.59B
Increased by 8.02%
EPS This Year
29.55
from 20.50
Increased by 44.14%
EPS Next Year
34.21
from 29.55
Increased by 15.77%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 39.6B | 44.0B | |||||
| Avg | 37.6B | 40.6B | |||||
| Low | 36.0B | 38.7B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 17.7% | 17.0% | |||||
| Avg | 11.6% | 8.0% | |||||
| Low | 7.0% | 2.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 32.22 | 40.17 | |||
| Avg | 29.55 | 34.21 | |||
| Low | 26.80 | 31.12 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 57.2% | 36.0% | |||
| Avg | 44.1% | 15.8% | |||
| Low | 30.7% | 5.3% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.