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Cummins (CMI) Stock Forecast, Price Target & Predictions

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CMI Stock Forecast

Cummins (CMI) stock forecast, based on 49 Wall Street analysts, predicts a 12-month average price target of $350.00, with a high of $350.00 and a low of $350.00. This represents a -5.58% decline from the last price of $370.70.

$200 $240 $280 $320 $360 $400 High: $350 Avg: $350 Low: $350 Last Closed Price: $370.7

CMI Stock Rating

Cummins stock's rating consensus is Buy, based on 49 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 23 Buy (46.94%), 23 Hold (46.94%), 3 Sell (6.12%), and 0 Strong Sell (0.00%).

Buy
Total 49 3 23 23 0 Strong Sell Sell Hold Buy Strong Buy

CMI Price Target Upside V Benchmarks

TypeNameUpside
StockCummins-5.58%
SectorIndustrials Stocks 5.82%
IndustryIndustrial Machinery Stocks-3.44%

Price Target Trends

1M3M12M
# Anlaysts-14
Avg Price Target-$350.00$360.00
Last Closing Price$370.70$370.70$370.70
Upside/Downside--5.58%-2.89%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jul, 2535141-23
Jun, 2535151-24
May, 2535151-24
Apr, 252614-123
Mar, 252614-123
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
May 06, 2025Angel CastilloMorgan Stanley$350.00$298.3417.32%-5.58%
Nov 13, 2024David RasoEvercore ISI$408.00$293.9738.79%10.06%
Nov 06, 2024Luke JunkRobert W. Baird$372.00$353.865.13%0.35%
Aug 05, 2024Adam SeidenBarclays$310.00$290.366.76%-16.37%
Mar 15, 2024Steven FisherUBS$321.00$274.8416.80%-13.41%
Mar 14, 2024Jamie CookTruist Financial$303.00$262.2815.53%-18.26%
Feb 07, 2023Deutsche Bank$231.00$251.66-8.21%-37.69%
Feb 07, 2023Credit Suisse$291.00$250.9015.98%-21.50%
Dec 14, 2022Morgan Stanley$264.00$246.477.11%-28.78%
Aug 15, 2022Jamie CookCredit Suisse$266.00$227.7616.79%-28.24%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jun 24, 2025CitigroupBuyBuyhold
May 06, 2025Morgan StanleyOverweightOverweighthold
Apr 07, 2025UBSBuySelldowngrade
Nov 13, 2024Evercore ISIOutperformupgrade
Oct 09, 2024CitigroupBuyBuyhold
Aug 05, 2024Truist FinancialBuyBuyhold
Aug 05, 2024BarclaysEqual-WeightEqual-Weighthold
Aug 01, 2024Goldman SachsNeutralNeutralhold
Jun 27, 2024Raymond JamesMarket Performinitialise
Jun 26, 2024Truist FinancialBuyBuyhold

Financial Forecast

EPS Forecast

$5 $11 $17 $23 $29 $35 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$12.07$14.74$15.20$5.19$28.55----
Avg Forecast$11.37$15.03$16.30$19.83$20.53$22.15$26.27$23.62$29.95
High Forecast$11.84$15.66$17.16$20.01$27.90$25.45$29.07$27.22$31.99
Low Forecast$10.83$14.32$15.63$19.67$18.28$20.89$21.07$21.24$28.28
Surprise %6.16%-1.93%-6.75%-73.83%39.06%----

Revenue Forecast

$15B $21B $27B $33B $39B $45B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$19.81B$24.02B$28.07B$34.06B$34.10B----
Avg Forecast$19.16B$23.96B$27.56B$33.62B$33.75B$34.50B$37.31B$34.37B$38.52B
High Forecast$19.78B$24.73B$28.67B$33.87B$33.91B$35.87B$37.39B$35.08B$40.54B
Low Forecast$18.46B$23.08B$26.68B$33.53B$33.65B$33.02B$37.22B$33.66B$36.87B
Surprise %3.38%0.25%1.88%1.33%1.04%----

Net Income Forecast

$500M $1B $2B $3B $4B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$1.79B$2.13B$2.15B$735.00M$3.95B----
Avg Forecast$1.20B$2.15B$2.14B$735.00M$3.30B$3.03B$3.49B$3.15B$4.27B
High Forecast$1.45B$2.59B$2.57B$882.00M$3.98B$3.63B$4.15B$3.88B$4.56B
Low Forecast$963.53M$1.72B$1.72B$588.00M$2.61B$2.98B$3.01B$3.03B$4.03B
Surprise %48.54%-1.08%0.32%-19.74%----

CMI Forecast FAQ

Is Cummins stock a buy?

Cummins stock has a consensus rating of Buy, based on 49 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 23 Buy, 23 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Cummins is a favorable investment for most analysts.

What is Cummins's price target?

Cummins's price target, set by 49 Wall Street analysts, averages $350 over the next 12 months. The price target range spans from $350 at the low end to $350 at the high end, suggesting a potential -5.58% change from the previous closing price of $370.7.

How does Cummins stock forecast compare to its benchmarks?

Cummins's stock forecast shows a -5.58% downside, underperforming the average forecast for the industrials stocks sector (5.82%) and underperforming the industrial machinery stocks industry (-3.44%).

What is the breakdown of analyst ratings for Cummins over the past three months?

  • July 2025: 13.04% Strong Buy, 21.74% Buy, 60.87% Hold, 4.35% Sell, 0% Strong Sell.
  • June 2025: 12.50% Strong Buy, 20.83% Buy, 62.50% Hold, 4.17% Sell, 0% Strong Sell.
  • May 2025: 12.50% Strong Buy, 20.83% Buy, 62.50% Hold, 4.17% Sell, 0% Strong Sell.

What is Cummins’s EPS forecast?

Cummins's average annual EPS forecast for its fiscal year ending in December 2025 is $22.15, marking a -22.42% decrease from the reported $28.55 in 2024. Estimates for the following years are $26.27 in 2026, $23.62 in 2027, and $29.95 in 2028.

What is Cummins’s revenue forecast?

Cummins's average annual revenue forecast for its fiscal year ending in December 2025 is $34.5B, reflecting a 1.15% increase from the reported $34.1B in 2024. The forecast for 2026 is $37.31B, followed by $34.37B for 2027, and $38.52B for 2028.

What is Cummins’s net income forecast?

Cummins's net income forecast for the fiscal year ending in December 2025 stands at $3.03B, representing a -23.10% decrease from the reported $3.95B in 2024. Projections indicate $3.49B in 2026, $3.15B in 2027, and $4.27B in 2028.