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CMI Stock Forecast: Cummins Inc. Price Predictions for 2026

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$627.18

+18.29 (3.00%)

CMI Stock Forecast 2026-2027

$627.18
Current Price
$86.71B
Market Cap
23 Ratings
Buy 13
Hold 9
Sell 1
Wall St Analyst Ratings

Distance to CMI Price Targets

+25.0%
To High Target of $783.75
+5.2%
To Median Target of $660.00
-21.9%
To Low Target of $490.00

CMI Price Momentum

+1.4%
1 Week Change
+17.6%
1 Month Change
+122.6%
1 Year Change
+22.9%
Year-to-Date Change
-0.1%
From 52W High of $628.00
+132.9%
From 52W Low of $269.24
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Latest CMI Stock Price Targets & Analyst Predictions

Based on our analysis of 36 Wall Street analysts, CMI has a bullish consensus with a median price target of $660.00 (ranging from $490.00 to $783.75). The overall analyst rating is Buy (7.8/10). Currently trading at $627.18, the median forecast implies a 5.2% upside. This outlook is supported by 13 Buy, 9 Hold, and 1 Sell ratings.

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 Ratings

13
Buy
9
Hold
1
Sell

CMI Price Target Range

Low
$490.00
Average
$660.00
High
$783.75
Current: $627.18

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
Apr 13, 2026 Citigroup Kyle Menges Buy Maintains $710.00
Apr 13, 2026 Wells Fargo Jerry Revich Overweight Maintains $693.00
Feb 23, 2026 Evercore ISI Group David Raso Outperform Maintains $694.00
Feb 9, 2026 Freedom Broker Buy Upgrade $N/A
Feb 9, 2026 Raymond James Tim Thein Outperform Maintains $675.00
Feb 6, 2026 Truist Securities Jamie Cook Buy Reiterates $703.00
Jan 26, 2026 Wolfe Research Scott Group Peer Perform Downgrade $N/A
Jan 23, 2026 Wells Fargo Jerry Revich Overweight Maintains $630.00
Jan 23, 2026 Barclays Adam Seiden Overweight Maintains $610.00
Jan 14, 2026 JP Morgan Tami Zakaria Neutral Maintains $580.00
Jan 13, 2026 Citigroup Kyle Menges Buy Maintains $630.00
Dec 22, 2025 Raymond James Tim Thein Outperform Upgrade $585.00
Dec 19, 2025 Barclays Adam Seiden Overweight Upgrade $546.00
Dec 18, 2025 Truist Securities Jamie Cook Buy Maintains $653.00
Dec 11, 2025 Citigroup Kyle Menges Buy Maintains $580.00
Nov 25, 2025 Argus Research Bill Selesky Buy Maintains $573.00
Nov 25, 2025 UBS Steven Fisher Neutral Upgrade $500.00
Nov 24, 2025 Truist Securities Jamie Cook Buy Upgrade $628.00
Nov 14, 2025 Wells Fargo Jerry Revich Overweight Initiates $599.00
Nov 11, 2025 Barclays Adam Seiden Equal-Weight Maintains $515.00

Cummins Inc. (CMI) Competitors

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 $86.71B with a P/E ratio of 30.6x. The company generates $33.67B in trailing twelve-month revenue with a 8.4% profit margin.

Revenue growth is +1.1% quarter-over-quarter, while maintaining an operating margin of +10.9% and return on equity of +23.9%.

Valuation Metrics

Market Cap $86.71B
Enterprise Value $92.22B
P/E Ratio 30.6x
PEG Ratio 0.7x
Price/Sales 2.6x

Growth & Margins

Revenue Growth (YoY) +1.1%
Gross Margin +22.9%
Operating Margin +10.9%
Net Margin +8.4%
EPS Growth +41.9%

Financial Health

Cash/Price Ratio +4.2%
Current Ratio 1.8x
Debt/Equity 60.5x
ROE +23.9%
ROA +7.8%
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Cummins Inc. logo

Cummins Inc. (CMI) Business Model

About Cummins Inc.

What They Do

Global leader in power generation and propulsion technologies.

Business Model

Cummins operates through five business segments: Engine, Components, Distribution, Power Systems, and Accelera by Cummins. The company generates revenue by designing, manufacturing, and distributing engines and related products, as well as providing parts and services through its extensive distribution network. This diversified approach allows Cummins to cater to a wide range of industries, including transportation, construction, and data centers.

Additional Information

With operations in approximately 190 countries, Cummins maintains a strong market position by collaborating with its customers while competing in the same space. The company is also committed to sustainability, focusing on innovative solutions that support the energy transition and reduce environmental impact.

Company Information

Sector

Industrials

Industry

Specialty Industrial Machinery

Employees

67,400

CEO

Ms. Jennifer W. Rumsey

Country

United States

IPO Year

1984

Cummins Inc. (CMI) Latest News & Analysis

Featured Analysis
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Here's Why Cummins (CMI) is a Strong Growth Stock

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Apr 08, 2026 By Zacks Equity Research Tale of the Tape

Latest News

CMI stock latest news image
Quick Summary

Sagepoint Energy acquired 60 heavy-duty Renewable Natural Gas trucks to enhance its logistics operations and support the circular economy, signaling growth in the for-hire dedicated carrier market.

Why It Matters

Sagepoint Energy's acquisition of RNG trucks enhances its market position in sustainable logistics, potentially boosting revenue and attracting environmentally conscious investors.

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

A proposed class action settlement has been approved by the U.S. District Court for purchasers of Cummins Inc. (NYSE: CMI) stock, according to the Rosen Law Firm.

Why It Matters

The proposed class action settlement could impact Cummins Inc.'s stock price and investor confidence, affecting trading activity and potential future legal liabilities.

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

Cummins Inc. has announced its sponsorship of America250, a nonpartisan organization commemorating the 250th anniversary of the Declaration of Independence.

Why It Matters

Cummins Inc.'s sponsorship of America250 enhances its brand visibility and alignment with national pride, potentially boosting customer loyalty and sales in essential sectors.

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

A U.S. District Court in Indiana has approved a proposed class action settlement for purchasers of Cummins Inc. (NYSE: CMI) stock. Further details on the settlement are pending.

Why It Matters

The proposed class action settlement for Cummins Inc. may impact stock prices and investor sentiment, reflecting potential liabilities and legal risks associated with the company.

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

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Why It Matters

The Zacks Style Scores enhance stock selection for various investment strategies, potentially leading to better returns and informed decision-making for portfolio optimization.

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

Cummins Inc. (NYSE: CMI) is expanding its Forever Rising Tour, showcasing new heavy-duty engine platforms to customers nationwide, following a successful debut at the TMC Annual Meeting.

Why It Matters

Cummins' nationwide expansion of the Forever Rising Tour highlights its commitment to innovation and customer engagement, potentially boosting sales and market presence, which can positively impact stock performance.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About CMI Stock

What is Cummins Inc.'s (CMI) stock forecast for 2026?

Based on our analysis of 36 Wall Street analysts, Cummins Inc. (CMI) has a median price target of $660.00. The highest price target is $783.75 and the lowest is $490.00.

Is CMI stock a good investment in 2026?

According to current analyst ratings, CMI has 13 Buy ratings, 9 Hold ratings, and 1 Sell ratings. The stock is currently trading at $627.18. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CMI stock?

Wall Street analysts predict CMI stock could reach $660.00 in the next 12 months. This represents a 5.2% increase from the current price of $627.18. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Cummins Inc.'s business model?

Cummins operates through five business segments: Engine, Components, Distribution, Power Systems, and Accelera by Cummins. The company generates revenue by designing, manufacturing, and distributing engines and related products, as well as providing parts and services through its extensive distribution network. This diversified approach allows Cummins to cater to a wide range of industries, including transportation, construction, and data centers.

What is the highest forecasted price for CMI Cummins Inc.?

The highest price target for CMI is $783.75 from at , which represents a 25.0% increase from the current price of $627.18.

What is the lowest forecasted price for CMI Cummins Inc.?

The lowest price target for CMI is $490.00 from at , which represents a -21.9% decrease from the current price of $627.18.

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

The overall analyst consensus for CMI is bullish. Out of 36 Wall Street analysts, 13 rate it as Buy, 9 as Hold, and 1 as Sell, with a median price target of $660.00.

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.

Important 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.

Last updated: April 20, 2026 2:30 AM UTC
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