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Cummins (CMI) Stock Forecast & Price Target

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$409.17 -3.91 (-0.95%)
Closing price 03:59 PM Eastern
Extended Trading
$412.50 +3.33 (+0.81%)
As of 04:27 PM Eastern
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Cummins - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Sell
1
Hold
6
Buy
11

Based on 18 Wall Street analysts who have issued ratings for Cummins in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 1 has given a sell rating, 6 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for CMI.

Consensus Price Target

$397.43
-2.87% Downside
According to the 18 analysts' twelve-month price targets for Cummins, the average price target is $397.43. The highest price target for CMI is $500.00, while the lowest price target for CMI is $240.00. The average price target represents a forecasted downside of -2.87% from the current price of $409.17.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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CMI Analyst Ratings Over Time

TypeCurrent Forecast
10/13/24 to 10/13/25
1 Month Ago
9/13/24 to 9/13/25
3 Months Ago
7/15/24 to 7/15/25
1 Year Ago
10/14/23 to 10/13/24
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
9 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$397.43$389.29$361.42$311.55
Forecasted Upside-2.87% Downside-5.25% Downside5.69% Upside-7.30% Downside
Consensus RatingModerate BuyModerate BuyHoldHold

CMI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CMI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cummins Stock vs. The Competition

TypeCumminsAuto/Tires/Trucks CompaniesS&P 500
Consensus Rating Score
2.61
2.19
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside-4.54% Downside1,593.49% Upside13.91% Upside
News Sentiment Rating
Positive News

See Recent CMI News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/8/2025Truist Financial
3 of 5 stars
Jamie Cook
Not Rated
Boost TargetHold$380.00 ➝ $434.00-0.11%
10/8/2025Zacks Research
0 of 5 stars
 UpgradeHoldStrong-Buy
9/27/2025Weiss Ratings
0 of 5 stars
 Reiterated RatingBuy (B)
9/23/2025Citigroup
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Boost TargetBuy$425.00 ➝ $485.00+14.03%
9/3/2025Melius Research
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UpgradeHoldBuy$500.00+27.84%
9/3/2025Melius
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 UpgradeHoldBuy$500.00+26.71%
8/19/2025Evercore ISI
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 Reiterated RatingOutperform
8/11/2025Wells Fargo & Company
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 UpgradeOverweight
8/11/2025Wolfe Research
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UpgradeHoldOutperform
7/21/2025Barclays
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Boost TargetEqual Weight$381.00 ➝ $387.00+9.94%
7/11/2025Robert W. Baird
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Boost TargetNeutral$315.00 ➝ $355.00+4.38%
5/27/2025The Goldman Sachs Group
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UpgradeNeutralBuy$410.00 ➝ $431.00+35.79%
5/6/2025Morgan Stanley
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Boost TargetOverweight$340.00 ➝ $350.00+16.23%
5/6/2025JPMorgan Chase & Co.
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Boost TargetNeutral$308.00 ➝ $320.00+5.70%
4/7/2025UBS Group
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DowngradeBuySell$400.00 ➝ $240.00-13.61%
1/14/2025Bank of America
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UpgradeUnderperformNeutral$354.00 ➝ $358.00-0.78%
12/6/2024Jefferies Financial Group
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 Boost TargetBuy$410.00 ➝ $435.00+14.80%
11/6/2024Vertical Research
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DowngradeBuyHold$350.00-1.26%
6/28/2024Raymond James Financial
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 Initiated CoverageMarket Perform
5/10/2024TD Cowen
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 Boost TargetBuy$272.00 ➝ $292.00-0.88%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:40 PM ET.


Should I Buy Cummins Stock? CMI Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, October 11, 2025. Please send any questions or comments about these Cummins pros and cons to contact@marketbeat.com.

Cummins
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Cummins Inc.:

  • The current stock price is around $439, which may present a buying opportunity for investors looking for value in the market.
  • Cummins Inc. has a diverse product portfolio, including the latest diesel and natural gas engines, electric and hybrid powertrains, catering to various industries such as transportation, construction, and agriculture.
  • Recent insider trading activity indicates confidence in the company's future, with corporate insiders selling shares but still retaining a significant ownership stake.
  • The company operates through five segments, allowing for revenue diversification and resilience against market fluctuations.
  • Cummins Inc. is positioned to benefit from the growing demand for sustainable energy solutions, aligning with global trends towards cleaner technologies.

Cummins
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Cummins Inc. for these reasons:

  • Recent insider sales have resulted in a notable decrease in ownership percentages, which could signal a lack of confidence in the company's short-term performance.
  • The company has experienced a decrease in stock value, with insiders selling shares worth over $17 million in the last quarter, raising concerns about potential future performance.
  • With corporate insiders owning only 0.41% of the stock, there may be limited alignment between management interests and shareholder interests.
  • Market volatility and economic uncertainties could impact demand for Cummins Inc.'s products, particularly in sectors heavily reliant on diesel engines.
  • As the industry shifts towards electric and hybrid solutions, Cummins Inc. may face increased competition from companies specializing in these technologies.

CMI Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for Cummins is $397.43, with a high forecast of $500.00 and a low forecast of $240.00.

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last twelve months. There is currently 1 sell rating, 6 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CMI shares.

According to analysts, Cummins's stock has a predicted downside of -2.87% based on their 12-month stock forecasts.

Over the previous 90 days, Cummins's stock had 5 upgrades by analysts.

Cummins has been rated by research analysts at Barclays, Citigroup, Evercore ISI, Melius, Melius Research, Truist Financial, Weiss Ratings, Wells Fargo & Company, Wolfe Research, and Zacks Research in the past 90 days.

Analysts like Cummins more than other "auto/tires/trucks" companies. The consensus rating for Cummins is Moderate Buy while the average consensus rating for "auto/tires/trucks" companies is Hold. Learn more on how CMI compares to other companies.


This page (NYSE:CMI) was last updated on 10/13/2025 by MarketBeat.com Staff
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