CMI Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

8.09B

-4.2%

5.056

+11.48%

8.06B

-1.35%

5.628

-5.56%

8.67B

+0.36%

6.454

+0.37%

Estimates Revision

The market is revising Upward the revenue expectations for Cummins Inc. (CMI) for FY2025, with the revenue forecasts being adjusted by 1.11% over the past three months. During the same period, the stock price has changed by 29.39%.

Revenue Estimates for FY2025

Revise Upward

+1.11%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+3.82%

In Past 3 Month

Stock Price

Go Up

+29.39%

In Past 3 Month

11 Analyst Rating

Wall Street analysts forecast CMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMI is 508.60 USD with a low forecast of 385.00 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

7 Hold

0 Sell

Moderate Buy

Current: 0.000

Low

385.00

Averages

508.60

High

600.00

Current: 0.000

Low

385.00

Averages

508.60

High

600.00

Wells Fargo

Buy

initiated

2026-01-05

New

Reason

Wells Fargo

Price Target

2026-01-05

New

initiated

Buy

Reason

Wells Fargo added Cummins to the firm's Q1 2026 Tactical Ideas List. Wells is a buyer of Cummins entering 2026 where it sees structurally improving earnings power from U.S. clean air regulations, undersupplied tier 1 generator market for data centers, and bottoming U.S. truck demand amid a spot rate inflection.

Raymond James

Tim Thein

Market Perform -> Outperform

upgrade

$585

2025-12-22

Reason

Raymond James

Tim Thein

Price Target

$585

2025-12-22

upgrade

Market Perform -> Outperform

Reason

Raymond James analyst Tim Thein upgraded Cummins to Outperform from Market Perform with a $585 price target. The firm's check-in with U.S. truck dealers suggests that while the near-term tone cautious, reflective of an extended freight recession, there was a "notable change in sentiment" regarding the second half of 2026. Raymond James now sees "glimmers of hope" for an eventual truckload rate recovery. There are "encouraging" signs that suggest a bottoming process for the truckload segment could be in the offing, the analyst tells investors in a research note. It cites increased confidence in a faster recovery in truck markets for the upgrade of Cummins.

Barclays

Equal Weight

Overweight

upgrade

$515 -> $546

2025-12-19

Reason

Barclays

Price Target

$515 -> $546

2025-12-19

upgrade

Equal Weight

Overweight

Reason

Barclays upgraded Cummins to Overweight from Equal Weight with a price target of $546, up from $515. The firm adjusted ratings in the machinery and construction group as part of its 2026 outlook. Barclays maintains a positive outlook for the sector heading into 2026, expecting modest share gains after several years of strong performance. It prefers machinery and rental companies due to cyclical and macroeconomic factors. The upgrade of Cummins reflects the new emissions rules in 2027 pushing forward, the company's research and development expenses coming down, and power generation bridging its earnings gap.

Barclays

Equal Weight -> Overweight

upgrade

$546

2025-12-19

Reason

Barclays

Price Target

$546

2025-12-19

upgrade

Equal Weight -> Overweight

Reason

Barclays upgraded Cummins to Overweight from Equal Weight with a $546 price target.

Truist

Buy

maintain

$628 -> $653

2025-12-18

Reason

Truist

Price Target

$628 -> $653

2025-12-18

maintain

Buy

Reason

Truist raised the firm's price target on Cummins to $653 from $628 and keeps a Buy rating on the shares as part of a broader research note previewing Machinery,. Infrastructure Services, and Multi-Industry industrial names in 2026. The firm continues to favor the broader power markets including Transmission & Distribution and Power Generation supported by data centers / AI, though it also believes that investors will be looking for cracks that demand has peaked, and as such backlog growth will be a major focus, particularly as capacity comes online and given the risks associated with hyperscalers, the analyst tells investors in a research note. Construction will be a bright spot with channel destock over and green shoots emerging, supported by Deere's guide for Construction & Forestry up 10% in 2026, and while North America truck orders continue to underwhelm, orders are at a cyclical trough and will improve throughout 2026 as EPA 2027 moves ahead, creating some level of pre-buy, the firm added.

Citi

Buy

maintain

$530 -> $580

2025-12-11

Reason

Citi

Price Target

$530 -> $580

2025-12-11

maintain

Buy

Reason

Citi raised the firm's price target on Cummins to $580 from $530 and keeps a Buy rating on the shares. The firm updated models in the machinery group as part of its 2026 outlook. Citi sees value in the space and has the most conviction in construction and mining growth entering next year. The agriculture and truck markets could remain challenged in the near-term, the analyst tells investors in a research note.

Valuation Metrics

The current forward P/E ratio for Cummins Inc (CMI.N) is 21.75, compared to its 5-year average forward P/E of 14.08. For a more detailed relative valuation and DCF analysis to assess Cummins Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

14.08

Current PE

21.75

Overvalued PE

16.56

Undervalued PE

11.61

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

9.06

Current EV/EBITDA

13.61

Overvalued EV/EBITDA

10.43

Undervalued EV/EBITDA

7.68

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

1.26

Current PS

2.14

Overvalued PS

1.52

Undervalued PS

1.00

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 150.97% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 150.97% over the last month.

Sold

Bought

CMI News & Events

Events Timeline

No data

News

4.5

2025-12-26NASDAQ.COM

IWR Analyzes 52-Week Price Range with Current Trade at $97.72

7.0

2025-12-22Yahoo Finance

Cummins Leverages Power Generation Demand to Offset Truck Production Decline

6.0

2025-12-22Benzinga

Ollie's Bargain Outlet Upgraded to Buy with $135 Price Target by Loop Capital

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Frequently Asked Questions

What is Cummins Inc (CMI) stock price today?

The current price of CMI is 552.09 USD — it has increased 1.4 % in the last trading day.

What is Cummins Inc (CMI)'s business?

Cummins Inc. is a global power solutions company. The Company’s segments are Components, Engine, Distribution, Power Systems, and Accelera. Components segment designs, manufactures, and supplies products which include axles, drivelines, brakes, and suspension systems. Engine segment manufactures and markets a range of diesel and natural gas-powered engines under the Cummins brand name, for on and off-highway markets. Distribution segment includes sale and support of a range of products and services, including power generation systems, high-horsepower engines, heavy and medium duty engines, and others. Power Systems segment is a power provider, which designs, manufactures and sells engines for industrial applications, prime power generator sets, alternators, and others. Accelera segment designs, manufactures, sells, and supports electrified power systems with components and subsystems, including battery, fuel cell and electric powertrain and hydrogen production technologies.

What is the price predicton of CMI Stock?

What is Cummins Inc (CMI)'s revenue for the last quarter?

Cummins Inc revenue for the last quarter amounts to 8.32B USD, decreased -1.64 % YoY.

What is Cummins Inc (CMI)'s earnings per share (EPS) for the last quarter?

Cummins Inc. EPS for the last quarter amounts to 3.86 USD, decreased -34.13 % YoY.

What changes have occurred in the market's expectations for Cummins Inc (CMI)'s fundamentals?

How many employees does Cummins Inc (CMI). have?

Cummins Inc (CMI) has 69600 emplpoyees as of January 09 2026.

What is Cummins Inc (CMI) market cap?

Today CMI has the market capitalization of 76.21B USD.