Cummins (CMI) analyst forecast and price target
Analyst forecast
Consensus of 26 analyst ratings
Based on 7 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Citigroup | Maintained | Buy | $630.00 from $790.00 | Oct 12, 2026 |
| Wells Fargo | Maintained | Overweight | $760.00 from $874.00 | Oct 8, 2026 |
| Truist Securities | Maintained | Buy | $779.00 from $894.00 | Oct 5, 2026 |
| UBS | Maintained | Buy | $741.00 from $835.00 | Sep 30, 2026 |
| JP Morgan | Maintained | Neutral | $600.00 from $690.00 | Sep 23, 2026 |
| Evercore ISI Group | Maintained | Outperform | $782.00 from $845.00 | Aug 11, 2026 |
| UBS | Maintained | Buy | $835.00 from $850.00 | Aug 5, 2026 |
| Morgan Stanley | Maintained | Overweight | $761.00 from $752.00 | Jul 17, 2026 |
| Citigroup | Maintained | Buy | $790.00 from $770.00 | Jul 14, 2026 |
| Truist Securities | Maintained | Buy | $901.00 from $815.00 | Jul 2, 2026 |
| Wells Fargo | Maintained | Overweight | $874.00 from $794.00 | Jun 17, 2026 |
| UBS | Upgraded | Neutral → Buy | $850.00 from $565.00 | Jun 8, 2026 |
| Argus Research | Maintained | Buy | $770.00 from $696.00 | Jun 1, 2026 |
| Raymond James | Maintained | Outperform | $745.00 from $675.00 | May 26, 2026 |
| Barclays | Maintained | Overweight | $760.00 from $610.00 | May 7, 2026 |
| Wells Fargo | Maintained | Overweight | $794.00 from $693.00 | May 6, 2026 |
| Morgan Stanley | Maintained | Overweight | $752.00 from $675.00 | May 6, 2026 |
| Citigroup | Maintained | Buy | $770.00 from $710.00 | May 6, 2026 |
| JP Morgan | Maintained | Neutral | $725.00 from $600.00 | May 6, 2026 |
| Truist Securities | Maintained | Buy | $730.00 from $703.00 | Apr 20, 2026 |
Frequently asked questions
What is the price target for CMI stock?
The average 12-month analyst price target for Cummins (CMI) is $721.86, with a high estimate of $782.00 and a low of $600.00, across 7 analysts.
Is CMI a buy, sell, or hold?
Analysts covering Cummins currently average a Buy rating: 17 buy, 9 hold and 0 sell, from 26 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for CMI?
The average price target of $721.86 implies 37.59% upside from the last price of $524.66.
What is the latest analyst rating on CMI?
On Oct 12, 2026, Citigroup maintained Cummins at Buy with a price target of $630.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.