Cummins Inc has a consensus price target of $305.67 based on the ratings of 22 analysts. The high is $451 issued by Evercore ISI Group on February 19, 2025. The low is $190 issued by Bernstein on July 20, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Citigroup, and Truist Securities on April 11, 2025, April 8, 2025, and April 8, 2025, respectively. With an average price target of $322 between JP Morgan, Citigroup, and Truist Securities, there's an implied 11.11% upside for Cummins Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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04/11/2025 | Buy Now | 6.28% | JP Morgan | Tami Zakaria67% | $375 → $308 | Maintains | Neutral | Get Alert |
04/08/2025 | Buy Now | 10.42% | Citigroup | Kyle Menges39% | $360 → $320 | Maintains | Buy | Get Alert |
04/08/2025 | Buy Now | 16.63% | Truist Securities | Jamie Cook66% | $420 → $338 | Maintains | Hold | Get Alert |
04/07/2025 | Buy Now | -17.18% | UBS | Steven Fisher72% | $400 → $240 | Downgrade | Buy → Sell | Get Alert |
03/31/2025 | Buy Now | 24.22% | Citigroup | Kyle Menges39% | $430 → $360 | Maintains | Buy | Get Alert |
03/18/2025 | Buy Now | 38.03% | UBS | Steven Fisher72% | $432 → $400 | Maintains | Buy | Get Alert |
03/18/2025 | Buy Now | 29.4% | JP Morgan | Tami Zakaria67% | $420 → $375 | Maintains | Neutral | Get Alert |
02/19/2025 | Buy Now | 55.62% | Evercore ISI Group | David Raso63% | $408 → $451 | Maintains | Outperform | Get Alert |
02/05/2025 | Buy Now | 40.44% | Baird | David Leiker58% | $395 → $407 | Maintains | Neutral | Get Alert |
02/05/2025 | Buy Now | 31.47% | Barclays | Adam Seiden51% | $310 → $381 | Maintains | Equal-Weight | Get Alert |
01/16/2025 | Buy Now | 46.65% | Truist Securities | Jamie Cook66% | $424 → $425 | Maintains | Hold | Get Alert |
01/14/2025 | Buy Now | 48.38% | Citigroup | Kyle Menges39% | $435 → $430 | Maintains | Buy | Get Alert |
01/14/2025 | Buy Now | 23.53% | B of A Securities | Michael Feniger60% | $354 → $358 | Upgrade | Underperform → Neutral | Get Alert |
12/19/2024 | Buy Now | 46.31% | Truist Securities | Jamie Cook66% | $369 → $424 | Maintains | Hold | Get Alert |
12/09/2024 | Buy Now | 50.1% | Citigroup | Kyle Menges39% | $415 → $435 | Maintains | Buy | Get Alert |
12/09/2024 | Buy Now | 44.93% | JP Morgan | Tami Zakaria67% | $355 → $420 | Upgrade | Underweight → Neutral | Get Alert |
12/06/2024 | Buy Now | 50.1% | Jefferies | Stephen Volkmann70% | $410 → $435 | Maintains | Buy | Get Alert |
11/20/2024 | Buy Now | 43.2% | Citigroup | Kyle Menges39% | $375 → $415 | Maintains | Buy | Get Alert |
11/13/2024 | Buy Now | 40.79% | Evercore ISI Group | David Raso63% | $294 → $408 | Upgrade | In-Line → Outperform | Get Alert |
11/06/2024 | Buy Now | 27.67% | Goldman Sachs | Jerry Revich52% | $324 → $370 | Maintains | Neutral | Get Alert |
11/06/2024 | Buy Now | 28.36% | Baird | David Leiker58% | $330 → $372 | Maintains | Neutral | Get Alert |
10/11/2024 | Buy Now | 17.32% | JP Morgan | Tami Zakaria67% | $285 → $340 | Maintains | Underweight | Get Alert |
10/09/2024 | Buy Now | 29.4% | Citigroup | Kyle Menges39% | $345 → $375 | Maintains | Buy | Get Alert |
10/09/2024 | Buy Now | 28.02% | Truist Securities | Jamie Cook66% | $349 → $371 | Maintains | Hold | Get Alert |
08/19/2024 | Buy Now | 1.45% | Evercore ISI Group | David Raso63% | $290 → $294 | Maintains | In-Line | Get Alert |
08/05/2024 | Buy Now | 6.97% | Barclays | Adam Seiden51% | $259 → $310 | Maintains | Equal-Weight | Get Alert |
08/05/2024 | Buy Now | 20.43% | Truist Securities | Jamie Cook66% | $315 → $349 | Maintains | Hold | Get Alert |
08/02/2024 | Buy Now | -1.66% | JP Morgan | Tami Zakaria67% | $275 → $285 | Maintains | Underweight | Get Alert |
08/02/2024 | Buy Now | 8.7% | Baird | David Leiker58% | $295 → $315 | Maintains | Neutral | Get Alert |
07/02/2024 | Buy Now | 8.7% | Truist Securities | Jamie Cook66% | $319 → $315 | Maintains | Hold | Get Alert |
06/28/2024 | Buy Now | — | Raymond James | Tim Thein38% | — | Initiates | → Market Perform | Get Alert |
06/26/2024 | Buy Now | 10.42% | Citigroup | Kyle Menges39% | → $320 | Initiates | → Buy | Get Alert |
05/15/2024 | Buy Now | 10.08% | Truist Securities | Jamie Cook66% | $319 → $319 | Maintains | Hold | Get Alert |
05/10/2024 | Buy Now | 0.76% | TD Cowen | Matt Elkott68% | $272 → $292 | Maintains | Buy | Get Alert |
05/03/2024 | Buy Now | 10.08% | Truist Securities | Jamie Cook66% | $303 → $319 | Maintains | Hold | Get Alert |
05/03/2024 | Buy Now | 1.79% | Baird | David Leiker58% | $298 → $295 | Maintains | Neutral | Get Alert |
04/16/2024 | Buy Now | 5.59% | Goldman Sachs | Jerry Revich52% | $270 → $306 | Maintains | Neutral | Get Alert |
03/25/2024 | Buy Now | -5.11% | JP Morgan | Tami Zakaria67% | $245 → $275 | Maintains | Underweight | Get Alert |
03/15/2024 | Buy Now | 10.77% | UBS | Steven Fisher72% | $254 → $321 | Upgrade | Neutral → Buy | Get Alert |
03/14/2024 | Buy Now | 4.55% | Truist Securities | Jamie Cook66% | → $303 | Initiates | → Hold | Get Alert |
02/20/2024 | Buy Now | -15.8% | Evercore ISI Group | David Raso63% | $231 → $244 | Maintains | In-Line | Get Alert |
02/12/2024 | Buy Now | -1.66% | Citigroup | Timothy Thein79% | $265 → $285 | Maintains | Buy | Get Alert |
01/19/2024 | Buy Now | -22.36% | B of A Securities | Ross Gilardi67% | $243 → $225 | Downgrade | Neutral → Underperform | Get Alert |
01/18/2024 | Buy Now | -15.46% | JP Morgan | Tami Zakaria67% | $255 → $245 | Maintains | Underweight | Get Alert |
01/08/2024 | Buy Now | -4.07% | Morgan Stanley | Angel Castillo45% | → $278 | Initiates | → Overweight | Get Alert |
12/15/2023 | Buy Now | -16.15% | B of A Securities | Ross Gilardi67% | → $243 | Downgrade | Buy → Neutral | Get Alert |
10/16/2023 | Buy Now | -12.01% | JP Morgan | Ann Duignan54% | $270 → $255 | Downgrade | Neutral → Underweight | Get Alert |
08/04/2023 | Buy Now | -0.62% | Credit Suisse | Jamie Cook66% | $290 → $288 | Maintains | Outperform | Get Alert |
08/04/2023 | Buy Now | -6.83% | Goldman Sachs | Jerry Revich52% | $241 → $270 | Maintains | Neutral | Get Alert |
07/18/2023 | Buy Now | 0.07% | Citigroup | Timothy Thein79% | $265 → $290 | Maintains | Buy | Get Alert |
07/17/2023 | Buy Now | 0.07% | Citigroup | Timothy Thein79% | $265 → $290 | Maintains | Buy | Get Alert |
05/31/2023 | Buy Now | -18.91% | UBS | Joseph Parkhill74% | $260 → $235 | Maintains | Neutral | Get Alert |
05/11/2023 | Buy Now | -8.56% | Citigroup | Timothy Thein79% | $270 → $265 | Maintains | Buy | Get Alert |
05/09/2023 | Buy Now | -18.56% | Evercore ISI Group | David Raso63% | $266 → $236 | Downgrade | Outperform → In-Line | Get Alert |
05/03/2023 | Buy Now | -8.21% | Morgan Stanley | Dillon Cumming52% | $262 → $266 | Maintains | Equal-Weight | Get Alert |
05/03/2023 | Buy Now | 0.07% | Credit Suisse | Jamie Cook66% | $291 → $290 | Maintains | Outperform | Get Alert |
05/03/2023 | Buy Now | -6.83% | CFRA | Stewart Glickman69% | $282 → $270 | Downgrade | Strong Buy → Buy | Get Alert |
04/12/2023 | Buy Now | -21.67% | Deutsche Bank | Nicole Deblase80% | $231 → $227 | Maintains | Hold | Get Alert |
02/16/2023 | Buy Now | -10.28% | UBS | Joseph Parkhill74% | $247 → $260 | Maintains | Neutral | Get Alert |
02/07/2023 | Buy Now | -20.29% | Deutsche Bank | Nicole Deblase80% | $235 → $231 | Maintains | Hold | Get Alert |
02/07/2023 | Buy Now | 0.41% | Credit Suisse | Jamie Cook66% | $287 → $291 | Maintains | Outperform | Get Alert |
01/20/2023 | Buy Now | -9.59% | Morgan Stanley | Dillon Cumming52% | $264 → $262 | Maintains | Equal-Weight | Get Alert |
12/14/2022 | Buy Now | -8.9% | Morgan Stanley | Dillon Cumming52% | $222 → $264 | Maintains | Equal-Weight | Get Alert |
11/04/2022 | Buy Now | 4.9% | Credit Suisse | Jamie Cook66% | $266 → $304 | Maintains | Outperform | Get Alert |
10/13/2022 | Buy Now | -22.36% | Deutsche Bank | Nicole Deblase80% | $221 → $225 | Maintains | Hold | Get Alert |
08/16/2022 | Buy Now | -8.56% | Citigroup | Timothy Thein79% | $220 → $265 | Maintains | Buy | Get Alert |
08/03/2022 | Buy Now | -8.21% | Credit Suisse | Jamie Cook66% | $249 → $266 | Maintains | Outperform | Get Alert |
07/20/2022 | Buy Now | -34.44% | Bernstein | Chad Dillard49% | $238 → $190 | Downgrade | Outperform → Market Perform | Get Alert |
07/18/2022 | Buy Now | -35.47% | Morgan Stanley | Dillon Cumming52% | $205 → $187 | Maintains | Equal-Weight | Get Alert |
07/13/2022 | Buy Now | -25.47% | Deutsche Bank | Nicole Deblase80% | $232 → $216 | Maintains | Hold | Get Alert |
06/23/2022 | Buy Now | -29.26% | Morgan Stanley | Dillon Cumming52% | → $205 | Initiates | → Equal-Weight | Get Alert |
05/04/2022 | Buy Now | -6.83% | Credit Suisse | Jamie Cook66% | $304 → $270 | Maintains | Outperform | Get Alert |
The latest price target for Cummins (NYSE:CMI) was reported by JP Morgan on April 11, 2025. The analyst firm set a price target for $308.00 expecting CMI to rise to within 12 months (a possible 6.28% upside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for Cummins (NYSE:CMI) was provided by JP Morgan, and Cummins maintained their neutral rating.
The last upgrade for Cummins Inc happened on January 14, 2025 when B of A Securities raised their price target to $358. B of A Securities previously had an underperform for Cummins Inc.
The last downgrade for Cummins Inc happened on April 7, 2025 when UBS changed their price target from $400 to $240 for Cummins Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cummins, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cummins was filed on April 11, 2025 so you should expect the next rating to be made available sometime around April 11, 2026.
While ratings are subjective and will change, the latest Cummins (CMI) rating was a maintained with a price target of $375.00 to $308.00. The current price Cummins (CMI) is trading at is $289.80, which is out of the analyst’s predicted range.
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