Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
330.14
+23.43 (7.64%)
May 12, 2025, 3:33 PM - Market open
Cummins Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Cummins stock have an average target of 355.27, with a low estimate of 240 and a high estimate of 451. The average target predicts an increase of 7.61% from the current stock price of 330.14.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Cummins stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 4 | 4 | 3 | 2 |
| Buy | 2 | 1 | 1 | 1 | 2 | 2 |
| Hold | 6 | 7 | 7 | 7 | 7 | 7 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 14 | 14 | 12 | 12 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $320 → $350 | Strong Buy | Maintains | $320 → $350 | +6.02% | May 12, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $340 → $350 | Buy | Maintains | $340 → $350 | +6.02% | May 6, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $308 → $320 | Hold | Maintains | $308 → $320 | -3.07% | May 6, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $425 → $340 | Buy | Maintains | $425 → $340 | +2.99% | Apr 16, 2025 |
| Baird | Baird | Hold Maintains $407 → $315 | Hold | Maintains | $407 → $315 | -4.59% | Apr 15, 2025 |
Financial Forecast
Revenue This Year
33.87B
from 34.10B
Decreased by -0.67%
Revenue Next Year
35.92B
from 33.87B
Increased by 6.05%
EPS This Year
21.43
from 28.37
Decreased by -24.47%
EPS Next Year
24.93
from 21.43
Increased by 16.33%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 36.8B | 39.6B | 41.8B | ||
| Avg | 33.9B | 35.9B | 37.0B | ||
| Low | 30.8B | 31.6B | 30.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 7.9% | 16.9% | 16.4% | ||
| Avg | -0.7% | 6.0% | 3.0% | ||
| Low | -9.7% | -6.7% | -14.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 26.13 | 31.55 | 32.58 | |
| Avg | 21.43 | 24.93 | 25.94 | |
| Low | 16.37 | 18.13 | 17.64 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | -7.9% | 47.3% | 30.7% | |
| Avg | -24.5% | 16.3% | 4.1% | |
| Low | -42.3% | -15.4% | -29.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.