Cummins Inc. (CMI) Stock Forecast
Data as of Oct 31, 2026Industrials · Current price $498.14 (-3.86%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 10, 2026 | Bill Selesky | Argus Research | $696.00 | +39.7% |
| Feb 6, 2026 | Angel Castillo | Morgan Stanley | $675.00 | +35.5% |
| Jan 26, 2026 | Peer Perform | Wolfe Research | $540.00 | +8.4% |
| Dec 22, 2025 | Tim Thein | Raymond James | $585.00 | +17.4% |
| Nov 25, 2025 | Steven Fisher | UBS | $500.00 | +0.4% |
| Nov 24, 2025 | Jamie Cook | Truist Financial | $628.00 | +26.1% |
| Nov 11, 2025 | Adam Seiden | Barclays | $515.00 | +3.4% |
| Nov 7, 2025 | Chad Dillard | Bernstein | $475.00 | -4.6% |
| Oct 8, 2025 | Jamie Cook | Truist Financial | $434.00 | -12.9% |
| May 6, 2025 | Angel Castillo | Morgan Stanley | $350.00 | -29.7% |
| Nov 13, 2024 | David Raso | Evercore ISI | $408.00 | -18.1% |
| Nov 6, 2024 | Luke Junk | Robert W. Baird | $372.00 | -25.3% |
| Aug 5, 2024 | Adam Seiden | Barclays | $310.00 | -37.8% |
| Mar 15, 2024 | Steven Fisher | UBS | $321.00 | -35.6% |
| Mar 14, 2024 | Jamie Cook | Truist Financial | $303.00 | -39.2% |
| Aug 15, 2022 | Jamie Cook | Credit Suisse | $266.00 | -46.6% |
| Apr 18, 2022 | Nicole DeBlase | Deutsche Bank | $233.00 | -53.2% |
| Apr 16, 2022 | Timothy Thein | Citigroup | $220.00 | -55.8% |
| Mar 21, 2022 | Steven Fisher | UBS | $214.00 | -57.0% |
| Oct 12, 2021 | Timothy Thein | Citigroup | $280.00 | -43.8% |
Top Analysts Covering CMI
CMI vs Sector & Market
| Metric | CMI | Industrials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.10 | 2.40 | 2.41 |
| Analyst Count | 21 | 8 | 19 |
| Target Upside | +48.5% | +134.1% | +21.5% |
| P/E Ratio | 25.88 | 31.63 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $9.16B | $9.41B | $9.64B | 5 |
| 2027-03-31 | $9.03B | $9.28B | $9.50B | 5 |
| 2027-06-30 | $9.38B | $9.64B | $9.87B | 5 |
| 2027-09-30 | $9.69B | $9.96B | $10.20B | 5 |
| 2027-12-31 | $10.00B | $10.27B | $10.52B | 5 |
| 2028-12-31 | $41.83B | $41.88B | $41.94B | 10 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $6.99 | $7.24 | $7.47 | 3 |
| 2027-03-31 | $6.77 | $7.01 | $7.23 | 3 |
| 2027-06-30 | $7.63 | $7.90 | $8.15 | 2 |
| 2027-09-30 | $8.33 | $8.63 | $8.90 | 2 |
| 2027-12-31 | $8.67 | $8.98 | $9.26 | 2 |
| 2028-12-31 | $29.61 | $35.47 | $41.11 | 7 |
Frequently Asked Questions
What is the analyst consensus for CMI?
The consensus among 21 analysts covering Cummins Inc. (CMI) is Buy with an average price target of $787.50.
What is the highest price target for CMI?
The highest price target for CMI is $696.00, set by Bill Selesky at Argus Research on 2026-02-10.
What is the lowest price target for CMI?
The lowest price target for CMI is $214.00, set by Steven Fisher at UBS on 2022-03-21.
How many analysts cover CMI?
21 analysts have issued ratings for Cummins Inc. in the past 12 months.
Is CMI a buy or sell right now?
Based on 21 analyst ratings, CMI has a consensus rating of Buy (2.10/5) with a +48.5% upside to the consensus target of $787.50.
What are the earnings estimates for CMI?
Analysts estimate CMI will report EPS of $7.24 for the period ending 2026-12-31, with revenue estimated at $9.41B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.