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Cummins (CMI) Stock Forecast, Price Target & Predictions

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CMI Stock Forecast

Cummins (CMI) stock forecast, based on 44 Wall Street analysts, predicts a 12-month average price target of $390.00, with a high of $408.00 and a low of $372.00. This represents a 35.72% increase from the last price of $287.36.

$200 $250 $300 $350 $400 $450 High: $408 Avg: $390 Low: $372 Last Closed Price: $287.36

CMI Stock Rating

Cummins stock's rating consensus is Hold, based on 44 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 19 Buy (43.18%), 23 Hold (52.27%), 2 Sell (4.55%), and 0 Strong Sell (0.00%).

Hold
Total 44 2 23 19 0 Strong Sell Sell Hold Buy Strong Buy

CMI Price Target Upside V Benchmarks

TypeNameUpside
StockCummins35.72%
SectorIndustrials Stocks 28.19%
IndustryIndustrial Machinery Stocks24.83%

Price Target Trends

1M3M12M
# Anlaysts--3
Avg Price Target--$363.33
Last Closing Price$287.36$287.36$287.36
Upside/Downside--26.44%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 252614-123
Mar, 252614-123
Feb, 252615-124
Jan, 252615-225
Dec, 242614-325
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024David RasoEvercore ISI$408.00$293.9738.79%41.98%
Nov 06, 2024Luke JunkRobert W. Baird$372.00$353.865.13%29.45%
Aug 05, 2024Adam SeidenBarclays$310.00$290.366.76%7.88%
Mar 15, 2024Steven FisherUBS$321.00$274.8416.80%11.71%
Mar 14, 2024Jamie CookTruist Financial$303.00$262.2815.53%5.44%
Feb 07, 2023Deutsche Bank$231.00$251.66-8.21%-19.61%
Feb 07, 2023Credit Suisse$291.00$250.9015.98%1.27%
Dec 14, 2022Morgan Stanley$264.00$246.477.11%-8.13%
Aug 15, 2022Jamie CookCredit Suisse$266.00$227.7616.79%-7.43%
May 04, 2022Credit Suisse$270.00$201.8833.74%-6.04%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
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
Jun 26, 2024CitigroupBuyinitialise
May 10, 2024Cowen & Co.BuyBuyhold

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 Hold, based on 44 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 19 Buy, 23 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that Cummins is a neutral investment for most analysts.

What is Cummins's price target?

Cummins's price target, set by 44 Wall Street analysts, averages $390 over the next 12 months. The price target range spans from $372 at the low end to $408 at the high end, suggesting a potential 35.72% change from the previous closing price of $287.36.

How does Cummins stock forecast compare to its benchmarks?

Cummins's stock forecast shows a 35.72% upside, outperforming the average forecast for the industrials stocks sector (28.19%) and outperforming the industrial machinery stocks industry (24.83%).

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

  • April 2025: 8.70% Strong Buy, 26.09% Buy, 60.87% Hold, 0% Sell, 4.35% Strong Sell.
  • March 2025: 8.70% Strong Buy, 26.09% Buy, 60.87% Hold, 0% Sell, 4.35% Strong Sell.
  • February 2025: 8.33% Strong Buy, 25.00% Buy, 62.50% Hold, 0% Sell, 4.17% 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.