• Consensus Rating: Hold
  • Consensus Price Target: $259.33
  • Forecasted Upside: -0.96%
  • Number of Analysts: 9
  • Breakdown:
  • 2 Sell Ratings
  • 3 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$261.85
▼ -4.63 (-1.74%)

This chart shows the closing price for CMI by one month, three months, or twelve months.

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Analyst Price Target for CMI

Analyst Price Target is $259.33
▼ -0.96% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Cummins in the last 3 months. The average price target is $259.33, with a high forecast of $288.00 and a low forecast of $225.00. The average price target represents a -0.96% upside from the last price of $261.85.

This chart shows the closing price for CMI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 9 polled investment analysts is to hold stock in Cummins. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
8/29/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
11/27/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
2/25/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
5/26/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
8/24/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
11/22/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
1/21/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings
2/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/20/2024Evercore ISIBoost TargetIn-Line ➝ In-Line$231.00 ➝ $244.00Low
2/12/2024CitigroupBoost TargetBuy ➝ Buy$265.00 ➝ $285.00Low
2/7/2024TD CowenBoost TargetOutperform$260.00 ➝ $272.00Low
1/19/2024Bank of AmericaDowngradeNeutral ➝ Underperform$243.00 ➝ $225.00Low
1/18/2024JPMorgan Chase & Co.Lower TargetUnderweight ➝ Underweight$255.00 ➝ $245.00Low
1/8/2024Morgan StanleyInitiated CoverageOverweight$278.00Low
12/15/2023Bank of AmericaDowngradeBuy ➝ Neutral$243.00Low
10/16/2023JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$270.00 ➝ $255.00Low
10/11/2023Bank of AmericaLower Target$273.00 ➝ $264.00Low
8/4/2023The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$241.00 ➝ $270.00Low
8/4/2023Credit Suisse GroupLower TargetOutperform ➝ Outperform$290.00 ➝ $288.00Low
7/18/2023CitigroupBoost TargetBuy$265.00 ➝ $290.00Low
5/31/2023888Reiterated RatingMaintainsLow
5/3/2023VNET GroupReiterated RatingMaintainsLow
4/12/2023Deutsche Bank AktiengesellschaftLower TargetHold$231.00 ➝ $227.00N/A
2/16/2023UBS GroupBoost TargetNeutral$247.00 ➝ $260.00Low
2/7/2023Deutsche Bank AktiengesellschaftLower TargetHold$235.00 ➝ $231.00Low
2/7/2023Credit Suisse GroupBoost TargetOutperform$287.00 ➝ $291.00Low
1/20/2023Morgan StanleyLower TargetEqual Weight$264.00 ➝ $262.00Low
12/14/2022Morgan StanleyBoost TargetEqual Weight$222.00 ➝ $264.00Low
11/16/2022UBS GroupBoost Target$247.00N/A
11/15/2022CitigroupBoost Target$270.00N/A
11/4/2022Credit Suisse GroupBoost TargetOutperform$266.00 ➝ $304.00Low
10/13/2022Deutsche Bank AktiengesellschaftBoost TargetHold$221.00 ➝ $225.00Low
8/18/2022JPMorgan Chase & Co.Initiated CoverageNeutral ➝ NeutralLow
8/16/2022CitigroupBoost TargetBuy$220.00 ➝ $265.00Low
8/3/2022Credit Suisse GroupBoost TargetOutperform$249.00 ➝ $266.00Low
7/20/2022Sanford C. BernsteinDowngradeOutperform ➝ Market Perform$238.00 ➝ $190.00Low
7/19/2022Credit Suisse GroupSet Target$249.00Low
7/18/2022Morgan StanleyLower TargetEqual Weight$205.00 ➝ $187.00Low
7/13/2022Deutsche Bank AktiengesellschaftLower TargetHold$232.00 ➝ $216.00N/A
7/7/2022CowenLower Target$281.00 ➝ $267.00N/A
7/7/2022CowenLower Target$281.00 ➝ $267.00N/A
6/23/2022Morgan StanleyInitiated CoverageEqual Weight$205.00Low
5/4/2022Credit Suisse GroupLower Target$304.00 ➝ $270.00High
4/14/2022Deutsche Bank AktiengesellschaftLower TargetHold$256.00 ➝ $233.00Low
4/12/2022CitigroupLower Target$260.00 ➝ $220.00Medium
3/18/2022UBS GroupDowngradeBuy ➝ Neutral$260.00 ➝ $214.00High
2/4/2022Credit Suisse GroupBoost TargetOutperform$301.00 ➝ $304.00Medium
1/18/2022Morgan StanleyLower TargetEqual Weight$251.00 ➝ $249.00High
12/10/2021Deutsche Bank AktiengesellschaftLower TargetHold ➝ Hold$251.00 ➝ $247.00Medium
12/9/2021Morgan StanleyLower TargetEqual Weight$262.00 ➝ $251.00Low
11/3/2021Morgan StanleyBoost TargetEqual Weight$252.00 ➝ $262.00Low
11/3/2021Credit Suisse GroupBoost TargetOutperform$295.00 ➝ $304.00High
10/14/2021Evercore ISILower TargetOutperform$315.00 ➝ $299.00High
10/13/2021Morgan StanleyLower TargetEqual Weight$264.00 ➝ $252.00Medium
10/12/2021CitigroupBoost TargetPositive ➝ Buy$280.00 ➝ $300.00Medium
8/24/2021The Goldman Sachs GroupDowngradeBuy ➝ Neutral$270.00 ➝ $230.00Medium
8/9/2021Morgan StanleyLower TargetEqual Weight$271.00 ➝ $264.00Low
8/4/2021Credit Suisse GroupBoost TargetIn-Line ➝ Outperform$300.00 ➝ $307.00Medium
7/26/2021Vertical ResearchUpgradeHold ➝ Buy$280.00High
7/16/2021CowenUpgradeMarket Perform ➝ Outperform$284.00High
7/14/2021Deutsche Bank AktiengesellschaftLower TargetHold$262.00 ➝ $255.00High
7/13/2021Morgan StanleyLower TargetEqual Weight$274.00 ➝ $271.00Low
5/17/2021Bank of AmericaUpgradeNeutral ➝ Buy$325.00Medium
5/12/2021Evercore ISIBoost Target$291.00 ➝ $358.00Medium
5/10/2021Morgan StanleyBoost TargetEqual Weight$260.00 ➝ $274.00Low
5/6/2021BMO Capital MarketsBoost TargetMarket Perform$235.00 ➝ $270.00Medium
5/6/2021Robert W. BairdReiterated RatingHoldHigh
5/5/2021Credit Suisse GroupBoost TargetOutperform$285.00 ➝ $300.00Medium
4/13/2021Deutsche Bank AktiengesellschaftBoost TargetHold$252.00 ➝ $260.00Low
4/12/2021Morgan StanleyBoost TargetEqual Weight$238.00 ➝ $260.00Low
3/16/2021CitigroupBoost Target$265.00 ➝ $315.00Low
3/4/2021Jefferies Financial GroupUpgradeHold ➝ Buy$250.00 ➝ $325.00High
3/2/2021Morgan StanleyLower TargetEqual Weight$258.00 ➝ $238.00Medium
2/11/2021ArgusBoost TargetBuy$246.00 ➝ $281.00Low
2/9/2021CowenBoost TargetMarket Perform$239.00 ➝ $243.00Low
2/8/2021CitigroupBoost Target$260.00 ➝ $275.00High
2/5/2021Credit Suisse GroupBoost TargetOutperform$277.00 ➝ $285.00Low
2/5/2021Morgan StanleyBoost TargetConviction-Buy ➝ Equal Weight$251.00 ➝ $258.00Medium
1/22/2021Morgan StanleyBoost TargetEqual Weight$241.00 ➝ $251.00Low
1/20/2021Vertical ResearchInitiated CoverageHoldMedium
1/15/2021Jefferies Financial GroupBoost TargetHold$235.00 ➝ $250.00Medium
12/24/2020CowenReiterated RatingHold ➝ NeutralN/A
12/15/2020Morgan StanleyBoost TargetEqual Weight$230.00 ➝ $241.00Low
10/28/2020Credit Suisse GroupBoost Target$257.00 ➝ $273.00Low
10/28/2020Smith Barney CitigroupBoost Target$250.00 ➝ $260.00Low
10/28/2020Morgan StanleyBoost TargetEqual Weight$211.00 ➝ $230.00Medium
10/28/2020Deutsche Bank AktiengesellschaftBoost TargetHold$221.00 ➝ $242.00Medium
10/19/2020Robert W. BairdReiterated RatingNeutral$235.00Low
10/16/2020CitigroupBoost TargetBuy$215.00 ➝ $250.00Low
10/13/2020Deutsche Bank AktiengesellschaftBoost TargetHold$202.00 ➝ $221.00Low
10/12/2020Morgan StanleyBoost TargetEqual Weight$192.00 ➝ $211.00Low
9/25/2020Wells Fargo & CompanyBoost TargetOverweight$235.00 ➝ $245.00Medium
9/22/2020Sanford C. BernsteinInitiated CoverageOutperform$255.00Low
9/8/2020UBS GroupUpgradeNeutral ➝ Buy$193.00 ➝ $240.00Medium
8/25/2020Wells Fargo & CompanyBoost TargetOverweight$225.00 ➝ $235.00Low
8/21/2020MeliusDowngradeOverweight ➝ NeutralLow
8/7/2020CowenBoost TargetMarket Perform$171.00 ➝ $199.00High
7/29/2020Bank of AmericaBoost TargetNeutral$185.00 ➝ $216.00High
7/29/2020Credit Suisse GroupBoost TargetOutperform$203.00 ➝ $244.00High
7/29/2020Royal Bank of CanadaBoost TargetSector Perform$165.00 ➝ $210.00High
7/29/2020Morgan StanleyBoost TargetEqual Weight$152.00 ➝ $192.00Medium
7/29/2020Loop CapitalBoost TargetSell$130.00 ➝ $160.00High
7/29/2020BarclaysBoost TargetEqual Weight$175.00 ➝ $192.00High
7/28/2020OppenheimerInitiated CoverageHoldHigh
7/20/2020Wells Fargo & CompanyBoost TargetHold ➝ Overweight$190.00 ➝ $205.00High
7/1/2020JPMorgan Chase & Co.Boost TargetNeutral$145.00 ➝ $171.00Medium
6/30/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$172.00Medium
6/18/2020CitigroupBoost TargetBuy$182.00 ➝ $192.00Low
5/21/2020Royal Bank of CanadaReiterated RatingHold$165.00Low
5/12/2020Piper SandlerDowngradeOverweight ➝ Neutral$195.00 ➝ $162.00High
5/7/2020Wells Fargo & CompanyBoost TargetOverweight$180.00 ➝ $190.00Low
5/6/2020Wells Fargo & CompanyReiterated RatingBuyMedium
5/6/2020CowenReiterated RatingHold$171.00Low
4/30/2020BMO Capital MarketsBoost TargetMarket Perform$130.00 ➝ $150.00Low
4/29/2020CitigroupBoost TargetBuy$175.00 ➝ $182.00High
4/29/2020Bank of AmericaBoost TargetNeutral$145.00 ➝ $165.00Medium
4/29/2020Morgan StanleyBoost TargetEqual Weight$125.00 ➝ $152.00Medium
4/29/2020UBS GroupBoost TargetNeutral$167.00 ➝ $168.00Medium
4/29/2020Credit Suisse GroupBoost TargetOutperform$178.00 ➝ $201.00High
4/28/2020CfraLower TargetHold$176.00 ➝ $170.00Low
4/28/2020OppenheimerReiterated RatingHoldMedium
4/20/2020CitigroupBoost TargetBuy$150.00 ➝ $175.00Low
4/15/2020CowenLower TargetMarket Perform$173.00 ➝ $157.00Low
4/13/2020Morgan StanleyLower TargetEqual Weight$131.00 ➝ $125.00Low
4/2/2020JPMorgan Chase & Co.Lower TargetNeutral$170.00 ➝ $145.00Low
3/30/2020Wells Fargo & CompanyLower TargetOverweight$190.00 ➝ $180.00Low
3/27/2020Wolfe ResearchUpgradeUnderperform ➝ Market PerformLow
3/23/2020Bank of AmericaLower TargetNeutral$147.00 ➝ $136.00High
3/19/2020The Goldman Sachs GroupLower TargetBuy$200.00 ➝ $175.00High
3/17/2020Morgan StanleyLower TargetEqual Weight$170.00 ➝ $157.00High
3/17/2020Wells Fargo & CompanyLower TargetOverweight$205.00 ➝ $190.00Medium
3/16/2020Wells Fargo & CompanyUpgradeBuyHigh
3/13/2020CitigroupLower TargetBuy$180.00 ➝ $160.00Medium
2/13/2020The Goldman Sachs GroupUpgradeNeutral ➝ Buy$192.00 ➝ $200.00Medium
2/7/2020CitigroupLower TargetBuy$200.00 ➝ $190.00Low
2/6/2020UBS GroupUpgradeSell ➝ Neutral$162.00 ➝ $167.00Low
2/5/2020Credit Suisse GroupLower TargetOutperform$214.00 ➝ $205.00Medium
2/5/2020Morgan StanleyLower TargetEqual Weight$180.00 ➝ $170.00High
2/5/2020CowenInitiated CoverageHold$173.00High
2/4/2020OppenheimerInitiated CoverageHoldHigh
1/14/2020Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$180.00 ➝ $205.00Low
1/9/2020CowenInitiated CoverageMarket Perform$173.00Medium
12/20/2019JPMorgan Chase & Co.Boost TargetNeutral$175.00 ➝ $190.00Medium
12/16/2019Morgan StanleyBoost TargetEqual Weight$174.00 ➝ $180.00Low
12/16/2019UBS GroupSet Target$162.00Low
11/27/2019Raymond JamesInitiated CoverageMarket PerformN/A
11/25/2019Royal Bank of CanadaReiterated RatingHold$167.00 ➝ $185.00Medium
11/20/2019Raymond JamesInitiated CoverageMarket PerformLow
11/8/2019Evercore ISIUpgradeIn-Line ➝ Outperform$207.00Low
11/5/2019CitigroupReiterated RatingBuy$175.00 ➝ $200.00Medium
10/30/2019CfraDowngradeBuy ➝ HoldLow
10/30/2019Wells Fargo & CompanyBoost TargetMarket Perform ➝ Market Perform$165.00 ➝ $180.00Medium
10/16/2019BarclaysReiterated RatingHold$159.00Low
7/31/2019Credit Suisse GroupBoost TargetOutperform$198.00 ➝ $203.00Medium
7/31/2019Morgan StanleyLower TargetEqual Weight$167.00 ➝ $162.00Medium
7/16/2019Standpoint ResearchDowngradeBuy ➝ HoldLow
7/2/2019Loop CapitalDowngradeHold ➝ Sell$168.00 ➝ $145.00Low
6/3/2019Wells Fargo & CompanyLower TargetMarket Perform$175.00 ➝ $165.00Low
5/31/2019Evercore ISIReiterated RatingOutperform ➝ In-Line$163.00 ➝ $169.00High
5/1/2019Stifel NicolausBoost TargetBuy ➝ Buy$176.00 ➝ $183.00Medium
5/1/2019UBS GroupBoost TargetSell ➝ Sell$130.00 ➝ $135.00Medium
5/1/2019Credit Suisse GroupBoost TargetOutperform$165.00 ➝ $198.00Low
5/1/2019Loop CapitalDowngradeBuy ➝ Hold$166.29Medium
4/16/2019Buckingham ResearchBoost TargetNeutral ➝ Neutral$160.00 ➝ $172.00Medium
4/16/2019CitigroupUpgradeNeutral ➝ Buy$155.00 ➝ $190.00Low
4/4/2019Piper Sandler CompaniesSet TargetBuy$195.00Low
(Data available from 2/21/2019 forward)

News Sentiment Rating

0.49 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 21 very positive mentions
  • 25 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
7/26/2023
  • 12 very positive mentions
  • 27 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
8/25/2023
  • 14 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
9/24/2023
  • 17 very positive mentions
  • 25 positive mentions
  • 6 negative mentions
  • 4 very negative mentions
10/24/2023
  • 6 very positive mentions
  • 42 positive mentions
  • 6 negative mentions
  • 2 very negative mentions
11/23/2023
  • 26 very positive mentions
  • 38 positive mentions
  • 5 negative mentions
  • 2 very negative mentions
12/23/2023
  • 30 very positive mentions
  • 29 positive mentions
  • 4 negative mentions
  • 4 very negative mentions
1/22/2024
  • 28 very positive mentions
  • 54 positive mentions
  • 12 negative mentions
  • 2 very negative mentions
2/21/2024

Current Sentiment

  • 28 very positive mentions
  • 54 positive mentions
  • 12 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Cummins logo
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines. It provides power generation systems, horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, and electric power generation systems, and batteries. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Read More

Today's Range

Now: $261.85
Low: $261.70
High: $266.64

50 Day Range

MA: $243.19
Low: $229.21
High: $266.48

52 Week Range

Now: $261.85
Low: $203.18
High: $269.70

Volume

1,860,744 shs

Average Volume

1,209,478 shs

Market Capitalization

$37.15 billion

P/E Ratio

50.55

Dividend Yield

2.52%

Beta

1.02

Frequently Asked Questions

What sell-side analysts currently cover shares of Cummins?

The following Wall Street analysts have issued reports on Cummins in the last twelve months: 888 Holdings plc, Bank of America Co., Citigroup Inc., Credit Suisse Group AG, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Morgan Stanley, StockNews.com, TD Cowen, The Goldman Sachs Group, Inc., TheStreet, and VNET Group, Inc..
View the latest analyst ratings for CMI.

What is the current price target for Cummins?

9 Wall Street analysts have set twelve-month price targets for Cummins in the last year. Their average twelve-month price target is $259.33, suggesting a possible downside of 1.0%. Credit Suisse Group AG has the highest price target set, predicting CMI will reach $288.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $225.00 for Cummins in the next year.
View the latest price targets for CMI.

What is the current consensus analyst rating for Cummins?

Cummins currently has 2 sell ratings, 3 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CMI, but not buy more shares or sell existing shares.
View the latest ratings for CMI.

What other companies compete with Cummins?

How do I contact Cummins' investor relations team?

Cummins' physical mailing address is 500 JACKSON STREET BOX 3005, COLUMBUS IN, 47202. The company's listed phone number is (812) 377-5000 and its investor relations email address is [email protected]. The official website for Cummins is www.cummins.com. Learn More about contacing Cummins investor relations.