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Cummins Inc (CMI) Stock Forecast & Price Prediction

Live CMI Stock Price & Analysis

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$373.90

+2.04 (0.55%)

12 Month Price Forecast For CMI

$373.90
Current Price
$51.54B
Market Cap
24 Ratings
Buy 8
Hold 15
Sell 1
Wall St Analyst Ratings

Distance to CMI Price Forecasts

+23.0%
To High Target of $460.00
+8.9%
To Median Target of $407.00
-24.8%
To Low Target of $281.00

CMI Price Momentum

+2.9%
1 Week Change
+5.4%
1 Month Change
+48.5%
1 Year Change
+7.3%
Year-to-Date Change
-3.6%
From 52W High of $387.90
+49.0%
From 52W Low of $250.90

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 8:19 PM UTC

CMI Analyst Ratings & Price Targets

Based on our analysis of 34 Wall Street analysts, CMI has a neutral consensus with a median price target of $407.00 (ranging from $281.00 to $460.00). The overall analyst rating is Buy (7.1/10). Currently trading at $373.90, the median forecast implies a 8.9% upside. This outlook is supported by 8 Buy, 15 Hold, and 1 Sell ratings.

Conversely, the most conservative target is provided by Bill Selesky at Argus Research, suggesting a 24.8% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CMI Analyst Consensus

8
Buy
15
Hold
1
Sell

CMI Price Target Range

Low
$281.00
Average
$407.00
High
$460.00
Current: $373.90

Latest CMI Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CMI.

Date Firm Analyst Rating Change Price Target
Feb 5, 2025 Barclays Adam Seiden Equal-Weight Maintains $381.00
Feb 5, 2025 Baird David Leiker Neutral Maintains $407.00
Jan 16, 2025 Truist Securities Jamie Cook Hold Maintains $425.00
Jan 14, 2025 B of A Securities Michael Feniger Neutral Upgrade $358.00
Jan 14, 2025 Citigroup Kyle Menges Buy Maintains $430.00
Dec 19, 2024 Truist Securities Jamie Cook Hold Maintains $424.00
Dec 9, 2024 JP Morgan Tami Zakaria Neutral Upgrade $420.00
Dec 9, 2024 Citigroup Kyle Menges Buy Maintains $435.00
Dec 6, 2024 Jefferies Stephen Volkmann Buy Maintains $435.00
Nov 20, 2024 Citigroup Kyle Menges Buy Maintains $415.00
Nov 13, 2024 Evercore ISI Group David Raso Outperform Upgrade $408.00
Nov 6, 2024 Goldman Sachs Jerry Revich Neutral Maintains $370.00
Nov 6, 2024 Baird David Leiker Neutral Maintains $372.00
Oct 11, 2024 JP Morgan Tami Zakaria Underweight Maintains $340.00
Oct 9, 2024 Citigroup Kyle Menges Buy Maintains $375.00
Oct 9, 2024 Truist Securities Jamie Cook Hold Maintains $371.00
Aug 19, 2024 Evercore ISI Group David Raso In-Line Maintains $294.00
Aug 5, 2024 Truist Securities Jamie Cook Hold Maintains $349.00
Aug 5, 2024 Barclays Adam Seiden Equal-Weight Maintains $310.00
Aug 2, 2024 Baird David Leiker Neutral Maintains $315.00

Stocks Similar to Cummins Inc

The following stocks are similar to Cummins based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Cummins Inc (CMI) Financial Data

Cummins Inc has a market capitalization of $51.54B with a P/E ratio of 13.2x. The company generates $34.20B in trailing twelve-month revenue with a 6.1% profit margin.

Revenue growth is +0.3% quarter-over-quarter, while maintaining an operating margin of +11.6% and return on equity of +19.4%.

Valuation Metrics

Market Cap $51.54B
Enterprise Value $54.74B
P/E Ratio 13.2x
PEG Ratio 16.7x
Price/Sales 1.5x

Growth & Margins

Revenue Growth (YoY) +0.3%
Gross Margin +25.7%
Operating Margin +11.6%
Net Margin +6.1%
EPS Growth +23.3%

Financial Health

Cash/Price Ratio +4.4%
Current Ratio 1.3x
Debt/Equity 72.3x
ROE +19.4%
ROA +6.9%

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Cummins Inc logo

Cummins Inc (CMI) Company Overview

About Cummins Inc

What They Do

Designs and manufactures power generation systems.

Business Model

Cummins Inc. generates revenue through the design, manufacturing, distribution, and servicing of diesel and natural gas engines, electric and hybrid powertrains, and related components. The company operates across five segments, providing products and services to various sectors including transportation, construction, and energy. Their offerings include aftermarket parts, remanufactured products, and comprehensive repair services, allowing them to maintain a steady income stream through both direct sales and ongoing service contracts.

Additional Information

Founded in 1919 and headquartered in Columbus, Indiana, Cummins Inc. has a long-standing history in the industry and has evolved its product line to include advanced electrified power systems and emission solutions. The company serves a diverse customer base, including original equipment manufacturers and distributors, which enhances its market reach and stability.

Company Information

Sector

Industrials

Industry

Specialty Industrial Machinery

Employees

75,500

CEO

Ms. Jennifer W. Rumsey

Country

United States

IPO Year

1984

Cummins Inc (CMI) Latest News & Analysis

CMI stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors of Cummins Inc. (NYSE:CMI) who purchased securities before April 30, 2019.

Why It Matters

The investigation may indicate potential legal issues for Cummins, which could impact stock performance and investor sentiment. Legal risks can lead to volatility or loss of value in securities.

Source: Accesswire
Market Sentiment: Neutral
CMI stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for Cummins Inc. investors who bought shares before April 30, 2019. More info available at bgandg.com/CMI.

Why It Matters

The investigation into Cummins may indicate potential legal or financial issues, which could affect stock performance and investor confidence. This could lead to price volatility or losses for long-term holders.

Source: Accesswire
Market Sentiment: Neutral
CMI stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating claims for Cummins Inc. (NYSE:CMI) investors who bought shares before April 30, 2019. Interested parties can find more info at bgandg.com/CMI.

Why It Matters

The investigation into Cummins could indicate potential legal issues or financial irregularities, impacting stock value and investor sentiment.

Source: Accesswire
Market Sentiment: Neutral
CMI stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for investors who purchased Cummins Inc. (NYSE:CMI) securities before April 30, 2019.

Why It Matters

The investigation into Cummins may indicate potential legal issues or financial irregularities, which could impact stock performance and investor confidence.

Source: Accesswire
Market Sentiment: Neutral
CMI stock latest news image
Quick Summary

Cummins (CMI) is being evaluated for its potential as a strong dividend stock, highlighting the challenges investors face in identifying quality dividend-paying companies.

Why It Matters

Cummins' potential as a dividend stock could influence investor sentiment and drive demand, impacting its share price and overall market performance.

Source: Zacks Investment Research
Market Sentiment: Positive
CMI stock latest news image
Quick Summary

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims for Cummins Inc. (NYSE:CMI) investors who bought shares before April 30, 2019. Further details are available at their website.

Why It Matters

Investigations into potential claims against Cummins could signal legal troubles, impacting stock performance and investor sentiment, particularly for those holding shares since before April 2019.

Source: Accesswire
Market Sentiment: Neutral

Frequently Asked Questions About CMI Stock

What is Cummins Inc's (CMI) stock forecast for 2025?

Based on our analysis of 34 Wall Street analysts, Cummins Inc (CMI) has a median price target of $407.00. The highest price target is $460.00 and the lowest is $281.00.

Is CMI stock a good investment in 2025?

According to current analyst ratings, CMI has 8 Buy ratings, 15 Hold ratings, and 1 Sell ratings. The stock is currently trading at $373.90. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for CMI stock?

Wall Street analysts predict CMI stock could reach $407.00 in the next 12 months. This represents a 8.9% increase from the current price of $373.90. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Cummins Inc's business model?

Cummins Inc. generates revenue through the design, manufacturing, distribution, and servicing of diesel and natural gas engines, electric and hybrid powertrains, and related components. The company operates across five segments, providing products and services to various sectors including transportation, construction, and energy. Their offerings include aftermarket parts, remanufactured products, and comprehensive repair services, allowing them to maintain a steady income stream through both direct sales and ongoing service contracts.

What is the highest forecasted price for CMI Cummins Inc?

The highest price target for CMI is $460.00 from at , which represents a 23.0% increase from the current price of $373.90.

What is the lowest forecasted price for CMI Cummins Inc?

The lowest price target for CMI is $281.00 from Bill Selesky at Argus Research, which represents a -24.8% decrease from the current price of $373.90.

What is the overall CMI consensus from analysts for Cummins Inc?

The overall analyst consensus for CMI is neutral. Out of 34 Wall Street analysts, 8 rate it as Buy, 15 as Hold, and 1 as Sell, with a median price target of $407.00.

How accurate are CMI stock price projections?

Stock price projections, including those for Cummins Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.