# Cummins (CMI) — Analyst Forecast

CMI · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cmi/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 17 | 9 | 0 | 26 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $600.00 | $721.86 | $782.00 | 7 |

Last price $532.73 (as of Oct 16, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 12, 2026 | Citigroup | Maintained | Buy | $630.00 |
| Oct 8, 2026 | Wells Fargo | Maintained | Overweight | $760.00 |
| Oct 5, 2026 | Truist Securities | Maintained | Buy | $779.00 |
| Sep 30, 2026 | UBS | Maintained | Buy | $741.00 |
| Sep 23, 2026 | JP Morgan | Maintained | Neutral | $600.00 |
| Aug 11, 2026 | Evercore ISI Group | Maintained | Outperform | $782.00 |
| Aug 5, 2026 | UBS | Maintained | Buy | $835.00 |
| Jul 17, 2026 | Morgan Stanley | Maintained | Overweight | $761.00 |
| Jul 14, 2026 | Citigroup | Maintained | Buy | $790.00 |
| Jul 2, 2026 | Truist Securities | Maintained | Buy | $901.00 |
| Jun 17, 2026 | Wells Fargo | Maintained | Overweight | $874.00 |
| Jun 8, 2026 | UBS | Upgraded | Neutral → Buy | $850.00 |
| Jun 1, 2026 | Argus Research | Maintained | Buy | $770.00 |
| May 26, 2026 | Raymond James | Maintained | Outperform | $745.00 |
| May 7, 2026 | Barclays | Maintained | Overweight | $760.00 |
| May 6, 2026 | Wells Fargo | Maintained | Overweight | $794.00 |
| May 6, 2026 | Morgan Stanley | Maintained | Overweight | $752.00 |
| May 6, 2026 | Citigroup | Maintained | Buy | $770.00 |
| May 6, 2026 | JP Morgan | Maintained | Neutral | $725.00 |
| Apr 20, 2026 | Truist Securities | Maintained | Buy | $730.00 |

## 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 35.50% upside from the last price of $532.73.

### What is the latest analyst rating on CMI?

On Oct 12, 2026, Citigroup maintained Cummins at Buy with a price target of $630.00.

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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.

Data provided by [AInvest](https://www.ainvest.com).