Cummins (CMI) Stock Forecast & Price Target

$281.37 +0.81 (+0.29%)

Closing price 04/17/2025 03:59 PM Eastern

Extended Trading

$282.12 +0.76 (+0.27%)

As of 04/17/2025 04:33 PM Eastern

Cummins - Analysts' Recommendations and Stock Price Forecast (2025)

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.

Consensus Rating

Hold

Based on 14 Analyst Ratings

Sell
1

Hold
8

Buy
5

Based on 14 Wall Street analysts who have issued ratings for Cummins in the last 12 months, the stock has a consensus rating of "Hold." Out of the 14 analysts, 1 has given a sell rating, 8 have given a hold rating, and 5 have given a buy rating for CMI.

Consensus Price Target

$346.00
22.97% Upside

According to the 14 analysts' twelve-month price targets for Cummins, the average price target is $346.00. The highest price target for CMI is $451.00, while the lowest price target for CMI is $240.00. The average price target represents a forecasted upside of 22.97% from the current price of $281.37.

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CMI Analyst Ratings Over Time

Type	Current Forecast 4/18/24 to 4/18/25	1 Month Ago 3/19/24 to 3/19/25	3 Months Ago 1/19/24 to 1/18/25	1 Year Ago 4/19/23 to 4/18/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$346.00	$389.50	$374.25	$279.70
Forecasted Upside	22.97% Upside	19.03% Upside	2.26% Upside	-4.02% Downside
Consensus Rating	Hold	Hold	Hold	Hold

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.

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.

Cummins Stock vs. The Competition

Type	Cummins	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.29	2.46	2.54
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	22.97% Upside	379.18% Upside	26.48% Upside
News Sentiment Rating	Positive News See Recent CMI News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/16/2025	Morgan Stanley 3 of 5 stars	Angel Castillo Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$425.00 ➝ $340.00	+19.91%
4/15/2025	Robert W. Baird 2 of 5 stars	David Leiker Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$407.00 ➝ $315.00	+9.34%
4/11/2025	JPMorgan Chase & Co. 3 of 5 stars	Tami Zakaria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$375.00 ➝ $308.00	+10.57%
4/8/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kyle Menges Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$360.00 ➝ $320.00	+20.43%
4/8/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jamie Cook Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$420.00 ➝ $338.00	+21.24%
4/7/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Steven Fisher Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Sell	$400.00 ➝ $240.00	-13.61%
2/19/2025	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Raso Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$408.00 ➝ $451.00	+17.83%
2/5/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Adam Seiden Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$310.00 ➝ $381.00	+4.68%
1/14/2025	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Michael Feniger Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Neutral	$354.00 ➝ $358.00	-0.78%
12/6/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$410.00 ➝ $435.00	+14.80%
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11/6/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$324.00 ➝ $370.00	+4.30%
11/6/2024	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Kauffman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$350.00	-1.26%
6/28/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
5/10/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$272.00 ➝ $292.00	-0.88%
8/4/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$290.00 ➝ $288.00	+18.69%
5/31/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/3/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:56 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 Monday, April 14, 2025. Please send any questions or comments about these Cummins pros and cons to contact@marketbeat.com.

Cummins
Bull Case

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

The stock price of Cummins Inc. is currently $289.00, showing a recent increase of 1.1%, which may indicate positive market sentiment and potential for further growth.
Institutional investors hold a significant 83.46% of Cummins Inc.'s stock, suggesting strong confidence in the company's stability and growth prospects.
Recent earnings reports showed that Cummins Inc. exceeded analysts' expectations with earnings per share of $5.16, indicating strong financial performance and effective management.
The company has a solid dividend yield of 2.51%, providing investors with a reliable income stream, which is particularly attractive in uncertain market conditions.
Analysts have a consensus rating of "Hold" with a target price of $354.17, suggesting that there is potential for price appreciation based on current valuations.

Cummins
Bear Case

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

UBS Group recently downgraded Cummins Inc. from a "buy" to a "sell" rating, reflecting concerns about the company's future performance and potential market challenges.
Truist Financial has lowered its target price for Cummins Inc. from $420.00 to $338.00, indicating a more cautious outlook on the stock's future value.
The company's revenue showed a decline of 1.1% compared to the same quarter last year, which may raise concerns about its growth trajectory in a competitive market.
With a debt-to-equity ratio of 0.42, while manageable, it indicates that the company is using some leverage, which could pose risks if market conditions worsen.
Analysts have mixed ratings, with one sell rating, nine hold ratings, and four buy ratings, suggesting uncertainty among experts regarding the stock's future performance.

CMI Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Cummins is $346.00, with a high forecast of $451.00 and a low forecast of $240.00.
: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cummins in the last twelve months. There is currently 1 sell rating, 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CMI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMI, but not buy additional shares or sell existing shares.
: According to analysts, Cummins's stock has a predicted upside of 22.97% based on their 12-month stock forecasts.
: Over the previous 90 days, Cummins's stock had 1 downgrade by analysts.
: Cummins has been rated by research analysts at Barclays, Citigroup, Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, Robert W. Baird, Truist Financial, and UBS Group in the past 90 days.
: Analysts like Cummins less than other "auto/tires/trucks" companies. The consensus rating score for Cummins is 2.29 while the average consensus rating score for "auto/tires/trucks" companies is 2.46. Learn more on how CMI compares to other companies.

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This page (NYSE:CMI) was last updated on 4/18/2025 by MarketBeat.com Staff

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Cummins (CMI) Stock Forecast & Price Target