Companies

Cummins Inc

NYSE: CMI
$503.07
▼ $14.97 (−2.89%) today
Markets open · 2:06pm ET
24/7 Rating HOLD
Our 12-month price target
$542.95
+4.9% upside by Oct 2027
Price when calculated $517.86 Oct 29, 2026
Street consensus $708.66 23 analysts
Ours vs. the Street −23.4% Our target vs. consensus

Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. Recalculated at least weekly and after every earnings report.

How we calculate it →
12-Month Projection Historical Optimistic Target Conservative
$450$540$630$720Oct 2025Oct 2027Oct 29$716.15$542.95$493.64
$450$540$630$720Oct 2025Oct 2027Oct 29$716.15$542.95$493.64

Analyst Sentiment

23ANALYSTS
Buy1565%
Hold835%
Sell00%
The Bottom Line

Cummins is fairly valued at current levels. With our price target of $542.95 suggesting modest upside, the stock appears to be trading near fair value. Consider your portfolio allocation and investment timeline before making a decision.

The 24/7 Factor

Base Growth
Conservative growth baseline (reduced to avoid double-counting P/E growth)
1.05×
Sector Momentum
Economic bellwether, infrastructure exposure
1.05×
Analyst Consensus
Moderate analyst optimism
+3.9%
Earnings Growth
Positive earnings momentum
+0.5%
Volatility Adjustment
Higher volatility stock
−0.5%
Price Position
Trading near 52-week high
+1.5%
Read our full methodology →

5-Year Projection

Long-Term Forecast Optimistic Target Conservative
$600$800$1,000’26’27’28’29’30’31$1,113.80$658.69$542.43
$600$800$1,000’26’27’28’29’30’31$1,113.80$658.69$542.43

Prediction History

CMI Price Target History Our Target Stock Price
$550$600$650Aug 7Oct 23$545.34$517.40
$550$600$650Aug 7Oct 23$545.34$517.40
$540$600$660May 28Oct 23$545.34$517.40
$540$600$660May 28Oct 23$545.34$517.40
Date Price Target Stock Price Rating Upside
$545.34 $517.40 BUY +5.4%
$552.30 $531.20 HOLD +4.0%
$554.98 $523.36 BUY +6.0%
$555.63 $528.26 BUY +5.2%
$556.06 $525.50 BUY +5.8%
$560.33 $532.23 BUY +5.3%
$574.18 $556.75 HOLD +3.1%
$575.30 $560.75 HOLD +2.6%
Date Price Target Stock Price Rating Upside
$545.34 $517.40 BUY +5.4%
$556.06 $525.50 BUY +5.8%
$611.22 $564.85 BUY +8.2%
$634.84 $632.98 HOLD +0.3%
$697.95 $688.68 HOLD +1.4%
$680.38 $653.21 HOLD +4.2%

Frequently Asked Questions

What is the CMI stock price prediction for 2030?

Looking ahead to 2030, our model projects CMI could trade at an average price of $627.75, with a potential range between $470.81 and $784.69. This represents a potential 21.2% return from today’s price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.

Is CMI a buy, sell, or hold right now?

24/7 Wall St. currently rates CMI as a HOLD. Near fair value (4.8%) Among Wall Street analysts, 15 rate it Buy, 8 rate it Hold, and 0 rate it Sell.

What is the CMI stock price target in an optimistic scenario?

In our optimistic scenario for CMI, the stock could reach $716.15 over the next 12 months, representing a 38.3% gain from today’s price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.

What is the downside risk for CMI stock?

Our conservative scenario for CMI projects a price of $493.64 over the next 12 months (-4.7% from current levels), suggesting relatively limited downside if headwinds materialize. No forecast is a guarantee. Position sizing and time horizon still matter.

Projections are estimates based on current data, updated daily. Not investment advice. Learn how we calculate these projections →