Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
727.59
+32.72 (4.71%)
At close: Jun 25, 2026, 4:00 PM EDT
728.00
+0.41 (0.06%)
After-hours: Jun 25, 2026, 7:54 PM EDT

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 $748.81. The average 1-year stock price forecast is 2.92% higher than the current stock price, while the lowest is $520 (-28.53%) and the highest is $875 (+20.26%).

Price Target: $748.81 (+2.92%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$520$748.81$755$875
Change-28.53%+2.92%+3.77%+20.26%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy7889910
Buy444444
Hold111011987
Sell110111
Strong Sell000000
Total232323232222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Maintains
$770
BuyMaintains$770+5.83%Jun 17, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$794$874
BuyReiterates$794$874+20.12%Jun 17, 2026
Bernstein
Bernstein
Hold
Maintains
$700
HoldMaintains$700-3.79%Jun 11, 2026
Morgan Stanley
Morgan Stanley
Buy
Reiterates
$675$752
BuyReiterates$675$752+3.35%Jun 8, 2026
UBS
UBS
Buy
Upgrades
$565$850
BuyUpgrades$565$850+16.82%Jun 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
37.25B
from 33.67B
Increased by 10.64%
Revenue Next Year
40.07B
from 37.25B
Increased by 7.55%
EPS This Year
29.21
from 23.78
Increased by 22.84%
EPS Next Year
33.93
from 29.21
Increased by 16.14%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
24.02B28.07B34.07B34.10B33.67B37.25B
Revenue Growth
21.25%16.87%21.34%0.11%-1.27%10.64%
Gross Profit
5.70B6.74B8.25B8.55B8.67B10.43B
Gross Margin
23.71%23.99%24.22%25.07%25.76%27.99%
Operating Income
2.20B2.69B1.28B3.78B4.10B5.63B
Net Income
2.13B2.15B735.00M3.95B2.84B3.92B
EPS
----23.7829.21
EPS Growth
----4.94%22.84%
Forward PE
13.2812.6212.5015.9521.2724.91
Dividend / Share
5.606.046.507.007.648.20
Dividend Growth
-7.86%7.62%7.69%9.14%7.33%
Free Cash Flow
905.63M257.88M2.81B14.63M1.37B2.87B
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High37.8B
Avg37.3B
Low36.8B

Revenue Growth

Revenue Growth202620272028
High
12.2%
Avg
10.6%
Low
9.2%

EPS Forecast

EPS202620272028
High30.18
Avg29.21
Low27.35

EPS Growth

EPS Growth202620272028
High
26.9%
Avg
22.8%
Low
15.0%