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Cummins (CMI) Stock Price, News & Analysis

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$623.08 -18.08 (-2.82%)
As of 10:24 AM Eastern
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About Cummins Stock (NYSE:CMI)

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Key Stats

Today's Range
$620.54
$632.47
50-Day Range
$605.63
$727.12
52-Week Range
$389.52
$737.76
Volume
87,327 shs
Average Volume
957,783 shs
Market Capitalization
$85.77 billion
P/E Ratio
31.90
Dividend Yield
1.28%
Price Target
$745.64
Consensus Rating
Moderate Buy

Company Overview

Cummins Inc. (NYSE: CMI) is a global power technology company that designs, manufactures, distributes and services a broad portfolio of diesel and natural gas engines, electrified powertrains, power generation systems and related components. Founded in 1919 and headquartered in Columbus, Indiana, Cummins has grown into one of the world’s leading suppliers of internal combustion engines and a provider of technologies that reduce emissions and improve fuel efficiency.

The company’s product lineup includes heavy-, medium- and light-duty engines for on-highway and off-highway applications, generator sets and power systems for commercial and industrial use, and key engine components such as turbochargers, fuel systems, air handling, filtration and aftertreatment solutions. In recent years Cummins has expanded its offerings to include electrified powertrains, battery systems, hydrogen fuel-cell technologies and digital services aimed at fleet management, predictive maintenance and uptime optimization. Cummins also operates an extensive aftermarket parts, service and distribution network to support customers worldwide.

Cummins serves a diverse set of end markets including truck and bus OEMs, construction and mining equipment, agriculture, marine, rail, power generation and government sectors. The company maintains manufacturing, distribution and service operations across North America, Europe, Asia, Latin America and other regions, supporting both global OEM customers and local markets through regional facilities and dealer networks.

Leadership at Cummins includes President and Chief Executive Officer Jennifer Rumsey, who was named CEO in 2022 after serving in senior operational roles. Under its executive management, the company has emphasized research and development, emissions reduction and a strategic transition toward lower-emission and electrified technologies while continuing to support traditional engine platforms and global service capabilities.

AI Generated. May Contain Errors.

Cummins Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
96th Percentile Overall Score

CMI MarketRank™: 

Cummins scored higher than 96% of companies evaluated by MarketBeat, and ranked 30th out of 670 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cummins has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on no strong buy ratings, 11 buy ratings, 4 hold ratings, and no sell ratings.

  • Upside Potential

    Cummins has a consensus price target of $745.64, representing about 16.0% upside from its current price of $642.56.

  • Amount of Analyst Coverage

    Cummins has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Cummins' stock forecast and price target.
  • Earnings Growth

    Earnings for Cummins are expected to grow by 15.16% in the coming year, from $30.15 to $34.72 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cummins is 32.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.96.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cummins is 32.83, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 27.53.

  • Price to Earnings Growth Ratio

    Cummins has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Cummins has a P/B Ratio of 6.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Cummins' valuation and earnings.
  • Percentage of Shares Shorted

    1.86% of the float of Cummins has been sold short.
  • Short Interest Ratio / Days to Cover

    Cummins has a short interest ratio ("days to cover") of 2.67, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cummins has recently increased by 8.66%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Cummins pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Cummins has been increasing its dividend for 19 years.

  • Dividend Coverage

    The dividend payout ratio of Cummins is 40.88%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Cummins will have a dividend payout ratio of 23.04% next year. This indicates that Cummins will be able to sustain or increase its dividend.

  • Read more about Cummins' dividend.
  • News Sentiment

    Cummins has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 35 news articles for Cummins this week, compared to 9 articles on an average week.
  • Search Interest

    Only 20 people have searched for CMI on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.
  • MarketBeat Follows

    23 people have added Cummins to their MarketBeat watchlist in the last 30 days. This is an increase of 360% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cummins insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.30% of the stock of Cummins is held by insiders.

  • Percentage Held by Institutions

    83.46% of the stock of Cummins is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Cummins' insider trading history.
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CMI Stock News Headlines

Riot Platforms’ $9.1 billion move with Anthropic
Riot Platforms signed a 20-year, 9.1 billion dollar agreement with Anthropic for 191 megawatts of data-center capacity, according to CNBC. One publicly traded vehicle offers investors potential exposure to Anthropic, its largest holding, along with private companies like Databricks and Anduril. That access could narrow once Anthropic's IPO plans go public, mirroring what happened with SpaceX.tc pixel
Cummins (CMI) Gets a Buy from UBS
See More Headlines

CMI Stock Analysis - Frequently Asked Questions

Cummins' stock was trading at $510.66 at the beginning of the year. Since then, CMI stock has increased by 25.8% and is now trading at $642.56.

Cummins Inc. (NYSE:CMI) released its quarterly earnings results on Tuesday, August, 4th. The company reported $6.73 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.21 by $0.48. The business's revenue for the quarter was up 9.4% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of Cummins: Meritor, Jacobs Vehicle Systems, Hydrogenics, Efficient Drivetrains, Brammo, Hilite International, Nelson Industries, and more.

Cummins' top institutional investors include BlackRock Inc. (8.36%), Bank of America Corp DE (1.43%), Bank of New York Mellon Corp (0.99%) and Legal & General Group Plc (0.68%). Insiders that own company stock include Tony Satterthwaite, Jennifer Rumsey, William I Miller, Mark Andrew Smith, Sharon R Barner, Amy Rochelle Davis, Nicole Lamb-Hale, Jennifer Mary Bush, Bonnie J Fetch, Brett Michael Merritt, Nathan R Stoner, Marvin Boakye, Donald G Jackson, Luther E Peters, Karen H Quintos, Earl Newsome, Jeffrey T Wiltrout, Daniel William Fisher and Robert Enright.
View institutional ownership trends
.

Shares of CMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cummins investors own include Broadcom (AVGO), Humana (HUM), Chevron (CVX), American Water Works (AWK), Verizon Communications (VZ), BlackRock (BLK) and NVIDIA (NVDA).

Company Calendar

Record date for 6/4 Dividend
5/22/2026
Ex-Dividend for 6/4 Dividend
5/22/2026
Dividend Payable
6/04/2026
Last Earnings
8/04/2026
Today
8/18/2026
Record date for 9/3 Dividend
8/21/2026
Ex-Dividend for 9/3 Dividend
8/21/2026
Dividend Payable
9/03/2026
Next Earnings (Estimated)
11/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Machinery
Sub-Industry
Construction Machinery & Heavy Transportation Equipment
Current Symbol
NYSE:CMI
CIK
26172
Employees
67,400
Year Founded
1919

Price Target and Rating

High Price Target
$894.00
Low Price Target
$500.00
Potential Upside/Downside
+19.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.73
Research Coverage
15 Analysts

Profitability

EPS (Trailing Twelve Months)
$19.57
Trailing P/E Ratio
31.83
Forward P/E Ratio
20.69
P/E Growth
1.5
Net Income
$2.84 billion
Net Margins
7.82%
Pretax Margin
11.09%
Return on Equity
25.29%
Return on Assets
9.88%

Debt

Debt-to-Equity Ratio
0.48
Current Ratio
1.73
Quick Ratio
1.13

Sales & Book Value

Annual Sales
$33.67 billion
Price / Sales
2.55
Cash Flow
$31.53 per share
Price / Cash Flow
19.78
Book Value
$97.13 per share
Price / Book
6.42

Miscellaneous

Outstanding Shares
137,660,000
Free Float
137,251,000
Market Cap
$85.85 billion
Optionable
Optionable
Beta
1.24

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This page (NYSE:CMI) was last updated on 8/18/2026 by MarketBeat.com Staff.
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