Cummins Inc
NYSE:CMI

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Cummins Inc
NYSE:CMI
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Price: 372.62 USD 1.02% Market Closed
Market Cap: 51.1B USD
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Wall Street
Price Targets

CMI Price Targets Summary
Cummins Inc

Wall Street analysts forecast CMI stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CMI is 368.4 USD with a low forecast of 278.07 USD and a high forecast of 457.8 USD.

Lowest
Price Target
278.07 USD
25% Downside
Average
Price Target
368.4 USD
1% Downside
Highest
Price Target
457.8 USD
23% Upside

CMI Last Price Targets
Cummins Inc

The latest public price target was made on Nov 13, 2024 by David Raso from Evercore ISI , who expects CMI stock to rise by 9% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
David Raso
Evercore ISI
408 USD
Upside 9%
1 week ago
Nov 13, 2024
Evercore ISI Upgrades Cummins (CMI) to Outperform
StreetInsider
Luke Junk
Robert W. Baird
372 USD
Downside 0%
2 weeks ago
Nov 6, 2024
Cummins (CMI) PT Raised to $372 at Baird
StreetInsider
Adam Seiden
Barclays
310 USD
Downside 17%
3 months ago
Aug 5, 2024
Cummins price target raised to $310 from $259 at Barclays
TheFly
Steven Fisher
UBS
321 USD
Downside 14%
8 months ago
Mar 15, 2024
UBS Upgrades Cummins (CMI) to Buy
StreetInsider
Jamie Cook
Truist Financial
303 USD
Downside 19%
8 months ago
Mar 14, 2024
Cummins' Path Forward: Analyst Highlights Impact of Emission Settlement And 2027 Market Dynamics
Benzinga
Unknown Analyst
Deutsche Bank
231 USD
Downside 38%
1 year ago
Feb 7, 2023
Deutsche Bank Maintains Hold on Cummins, Lowers Price Target to $231
Benzinga
Unknown Analyst
Credit Suisse
291 USD
Downside 22%
1 year ago
Feb 7, 2023
Credit Suisse Maintains Outperform on Cummins, Raises Price Target to $291
Benzinga
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David Raso
Evercore ISI
Price Target 408 USD
Upside/Downside 9%
View Source
Luke Junk
Robert W. Baird
Price Target 372 USD
Upside/Downside 0%
View Source
Adam Seiden
Barclays
Price Target 310 USD
Upside/Downside 17%
View Source
Steven Fisher
UBS
Price Target 321 USD
Upside/Downside 14%
View Source
Jamie Cook
Truist Financial
Price Target 303 USD
Upside/Downside 19%
View Source
Unknown Analyst
Deutsche Bank
Price Target 231 USD
Upside/Downside 38%
View Source
Unknown Analyst
Credit Suisse
Price Target 291 USD
Upside/Downside 22%
View Source
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Cummins Inc Competitors:
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18% Upside

Revenue
Forecast

Revenue Estimate
Cummins Inc

For the last 8 years the compound annual growth rate for Cummins Inc's revenue is 7%. The projected CAGR for the next 3 years is 3%.

7%
Past Growth
3%
Estimated Growth
Estimates Accuracy
0%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Cummins Inc

For the last 8 years the compound annual growth rate for Cummins Inc's operating income is 6%. The projected CAGR for the next 3 years is 13%.

6%
Past Growth
13%
Estimated Growth
Estimates Accuracy
-16%
Average Miss

Net Income
Forecast

Net Income Estimate
Cummins Inc

For the last 8 years the compound annual growth rate for Cummins Inc's net income is -8%. The projected CAGR for the next 3 years is 69%.

-8%
Past Growth
69%
Estimated Growth
Estimates Accuracy
10%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CMI's stock price target?
Price Target
368.4 USD

According to Wall Street analysts, the average 1-year price target for CMI is 368.4 USD with a low forecast of 278.07 USD and a high forecast of 457.8 USD.

What is Cummins Inc's Revenue forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for Cummins Inc's revenue is 7%. The projected CAGR for the next 3 years is 3%.

What is Cummins Inc's Operating Income forecast?
Projected CAGR
13%

For the last 8 years the compound annual growth rate for Cummins Inc's operating income is 6%. The projected CAGR for the next 3 years is 13%.

What is Cummins Inc's Net Income forecast?
Projected CAGR
69%

For the last 8 years the compound annual growth rate for Cummins Inc's net income is -8%. The projected CAGR for the next 3 years is 69%.

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