Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Cummins Inc Market Cap
Based on ratings from 24 stock analysts, the Cummins Inc stock price is expected to decrease by 2.56% in 12 months. This is calculated by using the average 12-month stock price forecast for Cummins Inc. The lowest target is $275.32 and the highest is $460. Please note analyst price targets are not guaranteed and could be missed completely.
About 24 Wall Street analysts have assigned CMI 8 buy ratings, 13 hold ratings, and 3 sell ratings. This means that analysts expect Cummins Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CMI. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CMI.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Kyle Menges Citigroup | Buy | $415 | Maintains | Nov 20, 2024 |
| David Raso Evercore ISI Group | Outperform | $408 | Upgrade | Nov 13, 2024 |
| Jerry Revich Goldman Sachs | Neutral | $370 | Maintains | Nov 6, 2024 |
| David Leiker Baird | Neutral | $372 | Maintains | Nov 6, 2024 |
| Tami Zakaria JP Morgan | Underweight | $340 | Maintains | Oct 11, 2024 |
| Kyle Menges Citigroup | Buy | $375 | Maintains | Oct 9, 2024 |
| Jamie Cook Truist Securities | Hold | $371 | Maintains | Oct 9, 2024 |
| David Raso Evercore ISI Group | In-Line | $294 | Maintains | Aug 19, 2024 |
| Jamie Cook Truist Securities | Hold | $349 | Maintains | Aug 5, 2024 |
| Adam Seiden Barclays | Equal-Weight | $310 | Maintains | Aug 5, 2024 |
| Tami Zakaria JP Morgan | Underweight | $285 | Maintains | Aug 2, 2024 |
| David Leiker Baird | Neutral | $315 | Maintains | Aug 2, 2024 |
| Jamie Cook Truist Securities | Hold | $315 | Maintains | Jul 2, 2024 |
| Tim Thein Raymond James | Market Perform | Initiates | Jun 28, 2024 | |
| Kyle Menges Citigroup | Buy | $320 | Initiates | Jun 26, 2024 |
| Jamie Cook Truist Securities | Hold | $319 | Maintains | May 15, 2024 |
| Matt Elkott TD Cowen | Buy | $292 | Maintains | May 10, 2024 |
| David Leiker Baird | Neutral | $295 | Maintains | May 3, 2024 |
| Jamie Cook Truist Securities | Hold | $319 | Maintains | May 3, 2024 |
| Jerry Revich Goldman Sachs | Neutral | $306 | Maintains | Apr 16, 2024 |
When did it IPO
1984
Staff Count
75,500
Country
United States
Sector/Industry
Industrials/Specialty Industrial Machinery
CEO
Ms. Jennifer W. Rumsey
Market Cap
$51.45B
In 2023, CMI generated $34.07B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CMI's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - A class action lawsuit has been filed against Cummins Inc. (NYSE: CMI) and some of its officers, as announced by the law firm Bronstein, Gewirtz & Grossman, LLC.
Why It Matters - A class action lawsuit against Cummins Inc. could lead to financial liabilities, regulatory scrutiny, and potential reputational damage, impacting stock performance and investor confidence.
Mon, 25 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - A class action lawsuit has been filed against Cummins Inc. (NYSE:CMI) for alleged federal securities law violations affecting investors from April 30, 2019, to December 21, 2023.
Why It Matters - A class action lawsuit against Cummins could lead to financial liabilities and reputational damage, impacting stock performance and investor sentiment regarding the company.
Tue, 26 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - A class action lawsuit has been filed against Cummins Inc. (NYSE:CMI) for alleged federal securities law violations, affecting investors from April 30, 2019, to December 21, 2023.
Why It Matters - The class action lawsuit against Cummins Inc. could lead to financial penalties and affect stock performance, impacting investor confidence and potential returns.
Wed, 27 Nov 2024
Sentiment - NEUTRAL
Source - Accesswire
Summary - A class action lawsuit has been filed against Cummins Inc. (NYSE:CMI) for alleged federal securities law violations, affecting investors who acquired shares between April 30, 2019, and December 21, 2023.
Why It Matters - A class action lawsuit against Cummins could lead to financial penalties, impacting stock prices and investor confidence, and may result in increased scrutiny on the company's operations.
Wed, 27 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Investors can contact a law firm at no cost for information on recovering their losses.
Why It Matters - The offer of free legal consultations signals potential legal action regarding losses, which may affect stock prices and investor sentiment.
Mon, 25 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Cummins (CMI) and Hyliion Holdings Corp. (HYLN) performance in 2023 is being compared to their sector, indicating varying results relative to industry trends. Further details on performance were not provided.
Why It Matters - Performance comparisons highlight market trends, revealing the relative strength or weakness of Cummins and Hyliion against their sector, which can influence investment decisions and stock valuations.
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