Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
664.65
-0.38 (-0.06%)
At close: Jul 24, 2026, 4:00 PM EDT
664.00
-0.65 (-0.10%)
After-hours: Jul 24, 2026, 7:34 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 $754.86. The average 1-year stock price forecast is 13.57% higher than the current stock price, while the lowest is $520 (-21.76%) and the highest is $901 (+35.56%).

Price Target: $754.86 (+13.57%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$520$754.86$760$901
Change-21.76%+13.57%+14.35%+35.56%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy88991010
Buy444444
Hold10119877
Sell101111
Strong Sell000000
Total232323222222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Reiterates
$752$761
BuyReiterates$752$761+14.50%Jul 17, 2026
Citi
Citi
Buy
Maintains
$770$790
BuyMaintains$770$790+18.86%Jul 14, 2026
UBS
UBS
Buy
Maintains
$850
BuyMaintains$850+27.89%Jul 7, 2026
Truist Financial
Truist Financial
Buy
Maintains
$901
BuyMaintains$901+35.56%Jul 7, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$874
BuyMaintains$874+31.50%Jul 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
37.28B
from 33.67B
Increased by 10.73%
Revenue Next Year
40.13B
from 37.28B
Increased by 7.65%
EPS This Year
29.26
from 23.78
Increased by 23.03%
EPS Next Year
34.07
from 29.26
Increased by 16.46%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
24.02B28.07B34.07B34.10B33.67B37.28B
Revenue Growth
21.25%16.87%21.34%0.11%-1.27%10.73%
Gross Profit
5.70B6.74B8.25B8.55B8.67B10.44B
Gross Margin
23.71%23.99%24.22%25.07%25.76%28.01%
Operating Income
2.20B2.69B1.28B3.78B4.10B5.64B
Net Income
2.13B2.15B735.00M3.95B2.84B3.93B
EPS
----23.7829.26
EPS Growth
----4.94%23.03%
Forward PE
13.2812.6212.5015.9521.2722.72
Dividend / Share
5.606.046.507.007.648.20
Dividend Growth
-7.86%7.62%7.69%9.14%7.33%
Free Cash Flow
905.63M257.88M2.81B14.63M1.37B2.86B
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
10.7%
Low
9.3%

EPS Forecast

EPS202620272028
High30.44
Avg29.26
Low27.35

EPS Growth

EPS Growth202620272028
High
28.0%
Avg
23.0%
Low
15.0%