Missed NVDA?
Don’t Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.
CMI Stock Forecast 2025-2026
$473.34
Current Price
$65.22B
Market Cap
Buy 8
Hold 12
Sell 1
Wall St Analyst Ratings
Distance to CMI Price Targets
+26.8%
To High Target of $600.00
-1.1%
To Median Target of $468.00
-26.1%
To Low Target of $350.00
CMI Price Momentum
+8.1%
1 Week Change
+8.5%
1 Month Change
+32.8%
1 Year Change
+35.8%
Year-to-Date Change
-1.9%
From 52W High of $482.53
+82.0%
From 52W Low of $260.02
📊 TOP ANALYST CALLS
Did CMI Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Cummins is one of their latest high-conviction picks.
Latest CMI Stock Price Targets & Analyst Predictions
Based on our analysis of 36 Wall Street analysts, CMI has a neutral consensus with a median price target of $468.00 (ranging from $350.00 to $600.00). The overall analyst rating is Buy (7.1/10). Currently trading at $473.34, the median forecast implies a -1.1% downside. This outlook is supported by 8 Buy, 12 Hold, and 1 Sell ratings.
Conversely, the most conservative target is provided by Kyle Menges at Citigroup, suggesting a 26.1% 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 Ratings
8
Buy
12
Hold
1
Sell
CMI Price Target Range
Low
$350.00
Average
$468.00
High
$600.00
Current: $473.34
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 |
|---|---|---|---|---|---|
| Nov 7, 2025 | Truist Securities | Jamie Cook | Hold | Maintains | $522.00 |
| Nov 7, 2025 | Citigroup | Kyle Menges | Buy | Maintains | $530.00 |
| Oct 20, 2025 | Barclays | Adam Seiden | Equal-Weight | Maintains | $430.00 |
| Oct 14, 2025 | JP Morgan | Tami Zakaria | Neutral | Maintains | $460.00 |
| Oct 8, 2025 | Truist Securities | Jamie Cook | Hold | Maintains | $434.00 |
| Sep 23, 2025 | Citigroup | Kyle Menges | Buy | Maintains | $485.00 |
| Sep 3, 2025 | Melius Research | Rob Wertheimer | Buy | Upgrade | $500.00 |
| Aug 11, 2025 | Wolfe Research | Scott Group | Outperform | Upgrade | $N/A |
| Aug 7, 2025 | Truist Securities | Jamie Cook | Hold | Maintains | $380.00 |
| Aug 6, 2025 | Citigroup | Kyle Menges | Buy | Maintains | $425.00 |
| Jul 21, 2025 | Barclays | Adam Seiden | Equal-Weight | Maintains | $387.00 |
| Jul 11, 2025 | Baird | David Leiker | Neutral | Maintains | $355.00 |
| Jun 24, 2025 | Citigroup | Kyle Menges | Buy | Maintains | $360.00 |
| May 27, 2025 | Goldman Sachs | Jerry Revich | Buy | Upgrade | $431.00 |
| May 19, 2025 | Evercore ISI Group | David Raso | Outperform | Maintains | $419.00 |
| May 12, 2025 | Citigroup | Kyle Menges | Buy | Maintains | $350.00 |
| May 6, 2025 | JP Morgan | Tami Zakaria | Neutral | Maintains | $320.00 |
| May 6, 2025 | Morgan Stanley | Angel Castillo | Overweight | Maintains | $350.00 |
| Apr 16, 2025 | Morgan Stanley | Angel Castillo | Overweight | Maintains | $340.00 |
| Apr 15, 2025 | Baird | David Leiker | Neutral | Maintains | $315.00 |
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 $65.22B with a P/E ratio of 24.5x. The company generates $33.72B in trailing twelve-month revenue with a 8.7% profit margin.
Revenue growth is -1.7% quarter-over-quarter, while maintaining an operating margin of +13.0% and return on equity of +26.2%.
Valuation Metrics
Market Cap
$65.22B
Enterprise Value
$70.54B
P/E Ratio
24.5x
PEG Ratio
1.1x
Price/Sales
1.9x
Growth & Margins
Revenue Growth (YoY)
-1.7%
Gross Margin
+26.4%
Operating Margin
+13.0%
Net Margin
+8.7%
EPS Growth
+22.6%
Financial Health
Cash/Price Ratio
+4.7%
Current Ratio
1.6x
Debt/Equity
68.1x
ROE
+26.2%
ROA
+7.9%
💡 SKIP THE NOISE
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings — tracked and updated every Monday and Thursday.
Cummins Inc. (CMI) Business Model
About Cummins Inc.
What They Do
Develops advanced power solutions and engines.
Business Model
Cummins generates revenue through the design, manufacturing, and distribution of diesel and natural gas engines, electric and hybrid powertrains, and related components. The company also provides extensive service and support for its products across various sectors, enabling it to maintain a diverse income stream.
Additional Information
With operations in nearly 190 countries and a large network of distributors and dealers, Cummins has a strong global presence. The company's focus on innovation, particularly in electrified and hydrogen technologies, positions it favorably in the evolving energy landscape, making it a key player in both traditional and emerging energy solutions.
Company Information
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
69,600
CEO
Ms. Jennifer W. Rumsey
Country
United States
IPO Year
1984
Website
www.cummins.comCummins Inc. (CMI) Latest News & Analysis
Featured Analysis
Powered by
Zacks Investment Research
Top Analyst Reports for JPMorgan Chase, Salesforce & Arista Networks
JPMorgan Chase, Salesforce and Arista Networks headline new analyst reports highlighting growth drivers, cost pressures and competitive dynamics.
Nov 07, 2025
By Mark Vickery
Research Daily
Latest News
Quick Summary
U.S. stocks opened mixed, with the Nasdaq Composite declining over 50 points on Thursday.
Why It Matters
Mixed trading indicates market volatility, with the Nasdaq's decline suggesting potential concerns in tech sectors, impacting investor sentiment and future stock performance.
Source: Benzinga
Market Sentiment:
Neutral
Quick Summary
Cummins Inc. will hold its Q3 2025 earnings call on November 6, 2025, at 10:00 AM EST, featuring CEO Jennifer Rumsey and CFO Mark Smith, along with analysts from various firms.
Why It Matters
Cummins Inc.'s Q3 earnings call attracts attention from major analysts, indicating heightened interest and potential stock movement based on performance insights and market sentiment.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Cummins Inc. reported strong Q3 2025 results, with growth in Power Systems and Distribution segments, driven by demand for backup power in data centers and effective cost management amid a truck market decline.
Why It Matters
Cummins' strong third-quarter results highlight growth in key segments and effective cost management, signaling resilience amidst market challenges, which could boost investor confidence and stock performance.
Source: Business Wire
Market Sentiment:
Neutral
Quick Summary
Cummins (CMI) reported quarterly earnings of $5.59 per share, exceeding the Zacks Consensus Estimate of $4.73, and comparable to $5.6 per share from the previous year.
Why It Matters
Cummins' earnings beat expectations, indicating strong performance and potential growth, which may positively influence stock price and investor confidence.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Cummins (CMI) reported its quarterly performance for September 2025. Investors are encouraged to compare key metrics against Wall Street estimates and year-ago figures for context.
Why It Matters
Comparing Cummins' performance against Wall Street estimates and prior year results reveals trends in growth, profitability, and market positioning, influencing investment decisions and stock valuation.
Source: Zacks Investment Research
Market Sentiment:
Positive
The Big 3: GLW, CMI, PANW
9 days ago
Quick Summary
Dan Deming identifies Corning (GLW), Cummins Inc. (CMI), and Palo Alto Networks (PANW) as underappreciated stocks, with PANW showing strong momentum ahead of earnings.
Why It Matters
Dan Deming's insights on underappreciated stocks and momentum ahead of earnings can signal potential investment opportunities and market trends for GLW, CMI, and PANW.
Source: Schwab Network
Market Sentiment:
Positive
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 $468.00. The highest price target is $600.00 and the lowest is $350.00.
Is CMI stock a good investment in 2026?
According to current analyst ratings, CMI has 8 Buy ratings, 12 Hold ratings, and 1 Sell ratings. The stock is currently trading at $473.34. 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 $468.00 in the next 12 months. This represents a -1.1% decrease from the current price of $473.34. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Cummins Inc.'s business model?
Cummins generates revenue through the design, manufacturing, and distribution of diesel and natural gas engines, electric and hybrid powertrains, and related components. The company also provides extensive service and support for its products across various sectors, enabling it to maintain a diverse income stream.
What is the highest forecasted price for CMI Cummins Inc.?
The highest price target for CMI is $600.00 from at , which represents a 26.8% increase from the current price of $473.34.
What is the lowest forecasted price for CMI Cummins Inc.?
The lowest price target for CMI is $350.00 from Kyle Menges at Citigroup, which represents a -26.1% decrease from the current price of $473.34.
What is the overall CMI consensus from analysts for Cummins Inc.?
The overall analyst consensus for CMI is neutral. Out of 36 Wall Street analysts, 8 rate it as Buy, 12 as Hold, and 1 as Sell, with a median price target of $468.00.
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: November 8, 2025 8:43 AM UTC