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Cummins (CMI) Stock Forecast & Price Target

Cummins logo
$640.41 +0.86 (+0.13%)
Closing price 05/22/2026 03:59 PM Eastern
Extended Trading
$640.75 +0.34 (+0.05%)
As of 05/22/2026 07:50 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Cummins - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
5
Buy
12

Based on 17 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 17 analysts, 5 have given a hold rating, 11 have given a buy rating, and 1 has given a strong buy rating for CMI.

Consensus Price Target

$677.87
5.85% Upside
According to the 17 analysts' twelve-month price targets for Cummins, the average price target is $677.87. The highest price target for CMI is $845.00, while the lowest price target for CMI is $431.00. The average price target represents a forecasted upside of 5.85% from the current price of $640.41.
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
5/25/25 to 5/25/26
1 Month Ago
4/25/25 to 4/25/26
3 Months Ago
2/24/25 to 2/24/26
1 Year Ago
5/25/24 to 5/25/25
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
11 Buy rating(s)
4 Buy rating(s)
Hold
5 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
8 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$677.87$600.27$588.93$352.17
Forecasted Upside5.85% Upside-9.16% Downside-1.77% Downside10.95% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyHold

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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Cummins Stock vs. The Competition

TypeCumminsAuto/Tires/Trucks CompaniesBroader Market
Consensus Rating Score
2.76
2.12
2.52
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside5.85% Upside106.07% Upside15.09% Upside
News Sentiment Rating
Positive News

See Recent CMI News
Neutral News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
5/22/2026 Reiterated RatingMarket Perform
5/11/2026
Evercore Inc logo
Evercore
3 of 5 stars
 Reiterated RatingOutperform$845.00+22.12%
5/7/2026 UpgradeHoldStrong-Buy
5/6/2026 DowngradeBuy (B)Buy (B-)
5/6/2026Set Target$815.00+15.62%
5/6/2026 Set Target$700.00+0.13%
5/6/2026Boost TargetOverweight$675.00 ➝ $752.00+11.43%
5/6/2026Boost TargetOverweight$610.00 ➝ $760.00+12.61%
5/6/2026Boost TargetBuy$710.00 ➝ $770.00+14.09%
5/6/2026Boost TargetNeutral$600.00 ➝ $725.00+1.12%
5/6/2026Boost TargetOverweight$693.00 ➝ $794.00+13.09%
2/10/2026Set Target$696.00+18.99%
2/9/2026Boost TargetOutperform$585.00 ➝ $675.00+16.95%
2/6/2026Set TargetNeutral$565.00+4.61%
1/26/2026DowngradeOutperformPeer Perform$540.00-5.48%
9/3/2025 UpgradeHoldBuy$500.00+26.71%
5/27/2025UpgradeNeutralBuy$410.00 ➝ $431.00+35.79%
1/14/2025UpgradeUnderperformNeutral$354.00 ➝ $358.00-0.78%
12/6/2024 Boost TargetBuy$410.00 ➝ $435.00+14.80%
11/6/2024DowngradeBuyHold$350.00-1.26%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:39 AM 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 Friday, May 22, 2026. 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 stock has recently been rated as a "Strong Buy" by analysts, indicating strong confidence in its future performance.
  • Current stock price is around $698, reflecting a significant increase from its 12-month low, showcasing strong market recovery.
  • Analysts have set target prices for Cummins Inc. ranging from $600 to $815, suggesting potential for further price appreciation.
  • The company has a solid market capitalization of approximately $96 billion, indicating stability and investor confidence.
  • Recent earnings estimates have been revised upward, with expectations of $28.39 per share for the current full year, signaling strong financial health.

Cummins
Bear Case

red Wall Street bear icon

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

  • Insider selling has been observed, with significant shares sold recently, which may indicate a lack of confidence from company executives.
  • The stock has a relatively high price-to-earnings ratio, which could suggest that it is overvalued compared to its earnings potential.
  • Market volatility is reflected in the stock's beta of 1.27, indicating that it may be more volatile than the overall market.
  • Despite positive ratings, there are still five analysts who have issued a "Hold" rating, suggesting caution among some investors.
  • The company has a debt-to-equity ratio of 0.50, which, while manageable, indicates that it does carry some debt that could impact future growth.

CMI Forecast - Frequently Asked Questions

According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Cummins is $677.87, with a high forecast of $845.00 and a low forecast of $431.00.

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last year. There are currently 5 hold ratings, 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CMI shares.

According to analysts, Cummins's stock has a predicted upside of 5.85% based on their 12-month stock forecasts.

Over the previous 90 days, Cummins's stock had 1 upgrade and 1 downgrade by analysts.

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 5/25/2026 by MarketBeat.com Staff.
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