CMIIndustrials · Specialty Industrial MachineryThe 22 Wall Street analysts covering Cummins, Inc. hold a median 12-month price target of $761 — +29.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 77 of 100 as at 22 Aug 2026 — inside the top quartile. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Cummins, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Quality (91): The business earns solid, repeatable profits on what it owns.
Growth (32): Sales and profits are flat, shrinking, or growing more slowly than they were.
Size (4): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on CMI, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +29.5% from it.
Of the 20 most recent actions, 3 moved their price target up and 2 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 11 Aug 2026 | Evercore ISI Group | Maintains | Outperform | $845 → $782 |
| 5 Aug 2026 | UBS | Maintains | Buy | $850 → $835 |
| 17 July 2026 | Morgan Stanley | Maintains | Overweight | $752 → $761 |
| 17 July 2026 | Morgan Stanley | Maintains | Overweight | — |
| 14 July 2026 | Citigroup | Maintains | Buy | $770 → $790 |
| 14 July 2026 | Citigroup | Maintains | Buy | — |
| 2 July 2026 | Truist Securities | Maintains | Buy | $815 → $901 |
| 2 July 2026 | Truist Securities | Maintains | Buy | — |
| 17 June 2026 | Wells Fargo | Maintains | Overweight | — |
| 8 June 2026 | UBS | Upgrade | Buy | — |
| 1 June 2026 | Argus Research | Maintains | Buy | — |
| 26 May 2026 | Raymond James | Maintains | Outperform | — |
| 7 May 2026 | Barclays | Maintains | Overweight | — |
| 6 May 2026 | Citigroup | Maintains | Buy | — |
| 6 May 2026 | JP Morgan | Maintains | Neutral | — |
| 6 May 2026 | Morgan Stanley | Maintains | Overweight | — |
| 6 May 2026 | Wells Fargo | Maintains | Overweight | — |
| 20 Apr 2026 | Truist Securities | Maintains | Buy | — |
| 13 Apr 2026 | Citigroup | Maintains | Buy | — |
| 13 Apr 2026 | Wells Fargo | Maintains | Overweight | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CMI appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 27% of US stocks
Cheaper than 49% of US stocks
Cheaper than 17% of US stocks
Cheaper than 19% of US stocks
Higher than 51% of US stocks
Higher than 42% of US stocks
Higher than 30% of US stocks
Higher than 67% of US stocks
Higher than 66% of US stocks
Higher than 82% of US stocks
Higher than 85% of US stocks
Higher than 32% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Cummins, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Cummins reported power systems sales up 19%, driven by strong demand from data centers as hyperscalers plan $750 billion in AI spending this year. The company is positioned to supply backup power for that expansion.
Why it matters — Data-center growth tied to AI spending is a significant demand driver for Cummins' power systems segment.
A 24/7 Wall Street article compares the 2026 performance of industrial machinery stocks GE Vernova, Cummins, and Eaton, framing the year's story around which company owns the electrification stack.
Why it matters — The piece positions Cummins within the competitive industrial machinery and electrification landscape, which CMI watchers track for relative standing.
Cummins is shifting from a legacy engine supplier to a diversified power infrastructure platform, driven by rising data center and AI-related power demand. The company projects data center revenue to grow from $5 billion in 2026 to over $9 billion by 2030, with incremental margins near 25% and significant EBITDA upside, while the Power Systems segment already shows high growth and margins supporting raised guidance.
Why it matters — For Cummins watchers, this signals a major strategic shift toward data center and AI power demand that could reshape the company's growth and margin profile.
Cummins announced that its Power Generation business has been selected to supply battery energy storage systems (BESS) for a large U.S. data center project, supporting utility-defined requirements for managing AI-driven load fluctuations, mitigating load oscillations, and enhancing ride-through performance. The company noted this would be its largest BESS deployment.
Why it matters — This marks a significant milestone for Cummins' battery energy storage business and expands its role in the growing data center power market.
Roundhill launched the Roundhill Heavy Assets and Low Obsolescence ETF (LOHA) in May 2026 as an alternative to the crowded software and AI weightings common in passive portfolios. Its largest holdings are in engines, trucks, and air conditioners.
Why it matters — This new fund's focus on heavy industrial assets, including engines and trucks, signals renewed investment interest in the types of machinery-heavy sectors in which Cummins operates.
The 22 Wall Street analysts covering Cummins, Inc. have a median 12-month price target of $761, with estimates ranging from $530 to $894. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 22 analysts covering Cummins, Inc., 14 rate it a Buy, 7 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Cummins, Inc. 77 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Aug 2026, Cummins, Inc. ranks 77 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Quality (91 of 100).
No one can know that. What the data says: the median 12-month target from 22 analysts implies +29.5% from the last close, and Ticker Nerd's factor model ranks Cummins, Inc. 77 out of 100 as at 22 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Cummins, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CMI are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $530 to $894 over the next 12 months.
Cummins, Inc. returned +51.5% over the 12 months to 21 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
Cummins Inc. is a global power solutions company that designs, manufactures, and distributes a broad portfolio of powertrains and related technologies for commercial and industrial applications.
The most recent item we track (The Motley Fool, 21 Aug 2026): "Hyperscalers Will Spend $750 Billion on AI This Year. Cummins Sells the Backup Power.". Cummins reported power systems sales up 19%, driven by strong demand from data centers as hyperscalers plan $750 billion in AI spending this year. The company is positioned to supply backup power for that expansion.
Cummins Inc. is a global power solutions company that designs, manufactures, and distributes a broad portfolio of powertrains and related technologies for commercial and industrial applications. The company focuses on diesel, natural gas, electric, and hybrid powertrains, as well as power generation systems and electrified power solutions. Its offerings include engines, automated transmissions, axles, drivelines, brakes, suspension systems, turbochargers, fuel systems, filtration, aftertreatment, control systems, batteries, and hydrogen and fuel cell technologies. Cummins Inc. operates through five main segments: Engine, Components, Distribution, Power Systems, and Accelera, serving truck manufacturers, off-highway and construction equipment producers, power generation markets, and other industrial customers worldwide. Headquartered in Columbus, Indiana, the company leverages a global manufacturing base and extensive service and support network to supply, integrate, and maintain its products across diverse end markets. Cummins Inc. plays a significant role in enabling reliable power, transportation, and industrial operations, while supporting customers’ needs across multiple fuel types and emerging low- and zero-emission technologies.
CEO Ms. Jennifer W. Rumsey · 67,400 employees · United States · https://www.cummins.com