Cummins (CMI) Stock Forecast, Price Target & Predictions


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CMI Stock Forecast


Cummins (CMI) stock forecast, based on 50 Wall Street analysts, predicts a 12-month average price target of $570.75, with a high of $653.00 and a low of $475.00. This represents a 0.14% increase from the last price of $569.96.

$200 $300 $400 $500 $600 $700 High: $653 Avg: $570.75 Low: $475 Last Closed Price: $569.96

CMI Stock Rating


Cummins stock's rating consensus is Buy, based on 50 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 26 Buy (52.00%), 23 Hold (46.00%), 1 Sell (2.00%), and 0 Strong Sell (0.00%).

Buy
Total 50 1 23 26 Strong Sell Sell Hold Buy Strong Buy

CMI Price Target Upside V Benchmarks


TypeNameUpside
StockCummins0.14%
SectorIndustrials Stocks 17.81%
IndustryIndustrial Machinery Stocks8.45%

Price Target Trends


1M3M12M
# Anlaysts31215
Avg Price Target$593.33$571.17$537.87
Last Closing Price$569.96$569.96$569.96
Upside/Downside4.10%0.21%-5.63%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 264811--23
Dec, 252813--23
Nov, 2526121-21
Oct, 2526121-21
Sep, 2525131-21
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 26, 2026Peer PerformWolfe Research$540.00$569.99-5.26%-5.26%
Jan 23, 2026Barclays$610.00$580.115.15%7.03%
Jan 23, 2026Wells Fargo$630.00$583.078.05%10.53%
Dec 22, 2025Tim TheinRaymond James$585.00$506.7215.45%2.64%
Dec 19, 2025Barclays$546.00$500.619.07%-4.20%
Dec 18, 2025Truist Financial$653.00$504.1729.52%14.57%
Nov 25, 2025Argus Research$573.00$487.2917.59%0.53%
Nov 25, 2025Steven FisherUBS$500.00$485.622.96%-12.27%
Nov 24, 2025Jamie CookTruist Financial$628.00$472.5132.91%10.18%
Nov 13, 2025Wells Fargo$599.00$467.4928.13%5.10%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 26, 2026Wolfe ResearchOutperformPeer Performdowngrade
Jan 23, 2026BarclaysOverweightOverweighthold
Jan 23, 2026Wells FargoOverweightOverweighthold
Jan 13, 2026CitigroupBuyBuyhold
Dec 22, 2025Raymond JamesMarket PerformOutperformupgrade
Dec 19, 2025BarclaysPositivePositivehold
Dec 19, 2025BarclaysEqual-WeightOverweightupgrade
Dec 11, 2025CitigroupBuyBuyhold
Nov 25, 2025UBSSellNeutralupgrade
Nov 13, 2025Wells FargoOverweightOverweightinitialise

Financial Forecast


EPS Forecast

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

Revenue Forecast

$20B $25B $30B $35B $40B $45B Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$24.02B$28.07B$34.06B$34.10B----
Avg Forecast$23.96B$27.56B$33.62B$33.75B$34.50B$37.31B$34.37B$38.52B
High Forecast$24.73B$28.67B$33.87B$33.91B$35.87B$37.39B$35.08B$40.54B
Low Forecast$23.08B$26.68B$33.53B$33.65B$33.02B$37.22B$33.66B$36.87B
Surprise %0.25%1.88%1.33%1.04%----

Net Income Forecast

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

CMI Forecast FAQ


Is Cummins stock a buy?

Cummins stock has a consensus rating of Buy, based on 50 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 26 Buy, 23 Hold, 1 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 50 Wall Street analysts, averages $570.75 over the next 12 months. The price target range spans from $475 at the low end to $653 at the high end, suggesting a potential 0.14% change from the previous closing price of $569.96.

How does Cummins stock forecast compare to its benchmarks?

Cummins's stock forecast shows a 0.14% upside, underperforming the average forecast for the industrials stocks sector (17.81%) and underperforming the industrial machinery stocks industry (8.45%).

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

  • January 2026: 17.39% Strong Buy, 34.78% Buy, 47.83% Hold, 0% Sell, 0% Strong Sell.
  • December 2025: 8.70% Strong Buy, 34.78% Buy, 56.52% Hold, 0% Sell, 0% Strong Sell.
  • November 2025: 9.52% Strong Buy, 28.57% Buy, 57.14% Hold, 4.76% 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.