CMI Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Cummins Inc. (CMI) has shown a bearish trend recently, with the stock trading below its 200-day moving average. The price is currently testing the lower end of a Fibonacci support level, suggesting potential short-term upside.
Valuation Analysis:
CMI is currently trading at a P/E ratio of 11.34, which is relatively in line with industry averages. The stock has a dividend yield of 2.02%, providing some income stability for investors.
Sentiment and Analyst Ratings:
Analysts have a "Moderate Buy" rating on CMI, with a mean price target of $399.18, indicating a potential 22.39% upside from current levels. However, recent insider activity shows negative sentiment, with increased selling by insiders.
Conclusion:
Based on the analysis, the stock is expected to rebound in the short term due to oversold conditions. The predicted price target for the next trading week is $327.
Recommendation: Buy CMI with a target price of $327.
CMI Similar Chart Price Prediction
The price of CMI is predicted to go up 31.88%, based on the high correlation periods with CRMD. The similarity of these two price pattern on the periods is 98.13%.
CMI
CRMD
Up: 31.88%Similarity: 98.13%
CMI Revenue Forecast
CMI EPS Forecast
CMI FAQs
What is CMI revenue forecast for next quarter？
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CMI VS S&P500
Strong freight demand in the truck market should lead to more new truck orders, substantially boosting Cummins' revenue growth.
Cummins will benefit from increasing emissions regulation, pushing customers to buy emissions solutions, such as aftertreatment systems that turn engine pollutants into harmless emissions.
Increasing emission standards could push peers to rethink whether it's economically viable to continue manufacturing engines and components, benefiting Cummins.
CMI Analyst's Forecast
Kyle Menges
Citigroup
Strong Buy
2025-03-31
Price Target
$430 → $360
Upside
+14.85%
Citi lowered the firm's price target on Cummins to $360 from $430 and keeps a Buy rating on the shares. The firm reduced its commercial vehicle estimates citing a "sluggish" freight market to start the year. Dealers are in "order paralysis" pending clarity on the Trump administration tariff policy and potential changes to EPA27 regulation, the analyst tells investors in a research note. Citi sees less downside risk to 2025 estimates for both Cummins (CMI) and Allison Transmission (ALSN), but notes that its new 2025 estimates are toward the lower end of both companies' guidance ranges. Cummins remains Citi's lone Buy rating, as it views the company as best positioned to weather potential downside in the North America truck market.
Tami Zakaria
JP Morgan
Hold
2025-03-18
Price Target
$420 → $375
Upside
+16.26%
Jamie Cook
Truist Securities
Hold
2025-01-16
Price Target
$424 → $425
Upside
+16.03%
