Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
517.40
-2.13 (-0.41%)
At close: Oct 23, 2026, 4:00 PM EDT
518.00
+0.60 (0.12%)
After-hours: Oct 23, 2026, 4:52 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 $716.66. The average 1-year stock price forecast is 38.51% higher than the current stock price, while the lowest is $530 (+2.44%) and the highest is $890 (+72.01%).

Price Target: $716.66 (+38.51%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$530$716.66$745$890
Change+2.44%+38.51%+43.99%+72.01%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy91010111111
Buy444444
Hold877887
Sell111000
Strong Sell000000
Total222222232322

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bernstein
Bernstein
Hold
Reiterates
$700 → $557
HoldReiterates$700 → $557+7.65%Oct 19, 2026
Barclays
Barclays
Buy
Maintains
$760 → $675
BuyMaintains$760 → $675+30.46%Oct 16, 2026
Citi
Citi
Buy
Maintains
$790 → $630
BuyMaintains$790 → $630+21.76%Oct 12, 2026
Wells Fargo
Wells Fargo
Buy
Reiterates
$874 → $760
BuyReiterates$874 → $760+46.89%Oct 8, 2026
Truist Financial
Truist Financial
Buy
Maintains
$894 → $779
BuyMaintains$894 → $779+50.56%Oct 5, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
37.67B
from 33.67B
Increased by 11.87%
Revenue Next Year
41.34B
from 37.67B
Increased by 9.74%
EPS This Year
29.59
from 23.78
Increased by 24.45%
EPS Next Year
34.81
from 29.59
Increased by 17.61%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
24.02B28.07B34.07B34.10B33.67B37.67B
Revenue Growth
21.25%16.87%21.34%0.11%-1.27%11.87%
Gross Profit
5.70B6.74B8.25B8.55B8.67B10.16B
Gross Margin
23.71%23.99%24.22%25.07%25.76%26.97%
Operating Income
2.20B2.69B1.28B3.78B4.10B5.53B
Net Income
2.13B2.15B735.00M3.95B2.84B3.94B
EPS
----23.7829.59
EPS Growth
----4.94%24.45%
Forward PE
13.2812.6212.5015.9521.2717.48
Dividend / Share
5.606.046.507.007.648.36
Dividend Growth
6.00%7.86%7.62%7.69%9.14%9.43%
Free Cash Flow
----2.39B3.24B
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High38.7B
Avg37.7B
Low36.0B

Revenue Growth

Revenue Growth202620272028
High
14.9%
Avg
11.9%
Low
7.0%

EPS Forecast

EPS202620272028
High30.53
Avg29.59
Low28.80

EPS Growth

EPS Growth202620272028
High
28.4%
Avg
24.5%
Low
21.1%