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Cummins (CMI)
NYSE:CMI
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Cummins (CMI) Price & Analysis

2,513 Followers

CMI Stock Chart & Stats

$572.67
-$0.38(-0.06%)
At close: 4:00 PM EDT
$572.67
-$0.38(-0.06%)

Bulls Say, Bears Say

Bulls Say
Strong Cash Generation And ProfitabilityCummins combines solid industrial profitability with substantial operating and free cash flow, giving it resources to fund capacity, product development, dividends, and other capital priorities. This cash-generation base supports resilience and strategic investment over the next several quarters.
Raised Growth And Earnings OutlookThe raised outlook indicates management is seeing sufficient demand and execution visibility to increase expected revenue and EBITDA despite a cyclical operating environment. Higher guidance can support investment and reinforce confidence in the durability of the current earnings trajectory.
Power Systems And Data Center DemandStrong Power Systems growth and a multiyear hyperscaler agreement broaden Cummins’ demand base beyond traditional engine cycles. Data center and backup-power requirements can provide a durable growth avenue, while improving segment margins may increase the contribution to overall earnings.
Bears Say
Margin Compression From Rising CostsLower EBITDA margins show that revenue growth is not translating fully into operating leverage. Persistent compensation, freight, R&D, and product coverage costs could limit earnings conversion and require stronger pricing, productivity, or mix improvements to protect profitability.
Accelera Losses Remain SubstantialAccelera expands Cummins’ lower-carbon technology opportunity but continues to consume meaningful earnings through operating losses. The segment’s investment burden may weigh on consolidated margins and cash allocation until revenue growth produces a clearer path toward sustained profitability.
Cyclical Exposure And Uneven Cash FlowCummins remains exposed to cycles in freight, industrial activity, and equipment demand, as reflected in uneven earnings and cash flow across years. Meaningful leverage can amplify the effect of a downturn by increasing financial commitments while operating cash generation weakens.

Cummins News

CMI FAQ

What was Cummins’s price range in the past 12 months?
Cummins lowest stock price was $407.57 and its highest was $737.76 in the past 12 months.
    What is Cummins’s market cap?
    Cummins’s market cap is $71.88B.
      When is Cummins’s upcoming earnings report date?
      Cummins’s upcoming earnings report date is Nov 05, 2026 which is in 15 days.
        How were Cummins’s earnings last quarter?
        Cummins released its earnings results on Aug 04, 2026. The company reported $6.73 earnings per share for the quarter, missing the consensus estimate of $7.21 by -$0.48.
          Is Cummins overvalued?
          According to Wall Street analysts Cummins’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Cummins pay dividends?
            Cummins pays a Quarterly dividend of $2.2 which represents an annual dividend yield of 1.57%. See more information on Cummins dividends here
              What is Cummins’s EPS estimate?
              Cummins’s EPS estimate is 8.18.
                How many shares outstanding does Cummins have?
                Cummins has 137,664,490 shares outstanding.
                  What happened to Cummins’s price movement after its last earnings report?
                  Cummins reported an EPS of $6.73 in its last earnings report, missing expectations of $7.21. Following the earnings report the stock price went down -1.987%.
                    Which hedge fund is a major shareholder of Cummins?
                    Currently, no hedge funds are holding shares in CMI
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Cummins

                      Cummins Inc. is a global innovator in power solutions, responsible for the design, manufacturing, distribution, and maintenance of a broad array of diesel and natural gas engines, alongside cutting-edge electric and hybrid powertrains, and associated components. Its operations are strategically divided into five segments: Engine, Distribution, Components, Power Systems, and New Power. The company's extensive engine portfolio, available under the Cummins brand and others, powers a vast range of heavy and medium-duty applications, including commercial trucks, buses, recreational vehicles, light-duty automobiles, construction and mining equipment, marine vessels, railway systems, oil and gas operations, defense, and agriculture. Complementing these engines, Cummins provides both new and remanufactured parts and comprehensive servicing. Beyond its core engine offerings, Cummins delivers sophisticated power generation systems, high-horsepower engines, and specialized application engineering. It also offers custom-designed assemblies, retail and wholesale aftermarket components, and expert repair services conducted both in-shop and on-site. The company's technological scope extends to emission control solutions, turbochargers, a variety of filtration systems (for air, fuel, lubricants, and hydraulics), coolants, fuel additives, and advanced electronic control modules, sensors, and supporting software. Fuel systems, both new and reconditioned, are also a key part of their product line, as are automated transmissions. For electrical power generation, Cummins provides standby and primary power generators, complete with controls, paralleling systems, and transfer switches, featuring products like Stamford and AVK A/C alternators. Embracing future energy demands, the company is a frontrunner in electrified power systems, encompassing battery technologies, fuel cells, and hydrogen production. This includes a robust offering of filtration, aftertreatment, control, air handling systems, automated transmissions, electric power generation, and battery solutions. Cummins distributes its diverse product range to original equipment manufacturers, an extensive network of distributors and dealers, and various other clientele worldwide. Founded in 1919 as the Cummins Engine Company, the enterprise adopted its current name, Cummins Inc., in 2001 and maintains its headquarters in Columbus, Indiana.

                      Cummins (CMI) Earnings & Revenues

                      CMI Company Deck

                      CMI Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presented strong operational and financial momentum: record revenue and EBITDA dollars, raised full-year revenue and EBITDA guidance, robust cash flow, meaningful data center and China demand, and expanded capacity/product plans. Offsetting pressures include margin percent compression driven by incentive compensation, higher R&D/product coverage and freight costs, ongoing Accelera losses, and power generation capacity constraints that temper upside. Management communicated clear plans to invest in capacity, execute a phased EPA-driven engine rollout to smooth transition risk, and return capital to shareholders.View all CMI earnings summaries

                      CMI Net sales Breakdown

                      32.30%32.30%30.14%36.84%22.17%1.37%-22.82%
                      32.30% Engine
                      30.14% Components
                      36.84% Distribution
                      22.17% Power Systems
                      1.37% Accelera
                      -22.82% Intersegment eliminations
                      tipranks

                      CMI Stock 12 Month Forecast

                      Average Price Target

                      $702.64
                      ▲(22.69% Upside)
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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":679.789,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 27,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":631.848,"date":1785542400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 25,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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                      Ownership Overview

                      0.19%22.91%1.62%46.63%
                      1.62% Other Institutional Investors
                      46.63% Public Companies and Individual Investors
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