Cummins (CMI) – Research Analysts’ Recent Ratings Updates

Cummins (NYSE: CMI) has recently received a number of price target changes and ratings updates:

• 11/2/2026 – Cummins was downgraded by Wall Street Zen from “buy” to “hold”.
• 10/26/2026 – Cummins had its price target lowered by Wells Fargo & Company from $760.00 to $608.00. They now have an “overweight” rating on the stock.
• 10/25/2026 – Cummins was upgraded by Wall Street Zen from “hold” to “buy”.
• 10/19/2026 – Cummins had its price target lowered by Barclays from $760.00 to $675.00. They now have an “overweight” rating on the stock.
• 10/17/2026 – Cummins was downgraded by Wall Street Zen from “buy” to “hold”.
• 10/12/2026 – Cummins had its price target lowered by Citigroup from $790.00 to $630.00. They now have a “buy” rating on the stock.
• 10/8/2026 – Cummins had its price target lowered by Wells Fargo & Company from $874.00 to $760.00. They now have an “overweight” rating on the stock.
• 10/5/2026 – Cummins had its price target lowered by Truist Financial from $894.00 to $779.00. They now have a “buy” rating on the stock.
• 9/30/2026 – Cummins had its price target lowered by UBS Group from $835.00 to $741.00. They now have a “buy” rating on the stock.
• 9/30/2026 – Cummins had its price target lowered by UBS Group from $835.00 to $741.00. They now have a “buy” rating on the stock.
• 9/24/2026 – Cummins had its price target lowered by Bank of America from $731.00 to $600.00.
• 9/23/2026 – Cummins had its price target lowered by JPMorgan Chase & Co. from $690.00 to $600.00. They now have a “neutral” rating on the stock.

Cummins Price Performance

Shares of CMI stock opened at $472.37 on Thursday. Cummins Inc. has a 1 year low of $427.50 and a 1 year high of $737.76. The firm’s 50 day moving average is $531.57 and its 200-day moving average is $600.85. The firm has a market capitalization of $65.03 billion, a price-to-earnings ratio of 24.14, a PEG ratio of 1.32 and a beta of 1.26. The company has a current ratio of 1.73, a quick ratio of 1.13 and a debt-to-equity ratio of 0.48.

Cummins (NYSE:CMI) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $6.73 earnings per share for the quarter, missing analysts’ consensus estimates of $7.21 by ($0.48). The company had revenue of $9.46 billion during the quarter, compared to analyst estimates of $9.33 billion. Cummins had a net margin of 7.82% and a return on equity of 25.29%. The business’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same period in the prior year, the business earned $6.43 EPS. Sell-side analysts forecast that Cummins Inc. will post 29.98 EPS for the current fiscal year.

Cummins Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Friday, November 20th will be given a dividend of $2.20 per share. This represents a $8.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, November 20th. Cummins’s dividend payout ratio (DPR) is currently 44.97%.

Insiders Place Their Bets

In related news, VP Earl Newsome sold 698 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $572.22, for a total transaction of $399,409.56. Following the completion of the sale, the vice president directly owned 4,479 shares of the company’s stock, valued at approximately $2,562,973.38. This represents a 13.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.30% of the company’s stock.

Cummins Inc is a global power technology company headquartered in Columbus, Indiana. Founded in 1919, the company designs, manufactures, sells and services engines and power systems for commercial vehicles, industrial equipment, mining, construction, agriculture, marine applications and other markets.

Cummins’ product portfolio includes diesel and natural gas engines, generators and other power-generation equipment, as well as fuel systems, filtration products, emissions-control systems, turbochargers and drivetrain components.