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Cummins Inc has a consensus price target of $464.48 based on the ratings of 24 analysts. The high is $710 issued by Citigroup on April 13, 2026. The low is $225 issued by B of A Securities on January 19, 2024. The 3 most-recent analyst ratings were released by Citigroup, Wells Fargo, and Evercore ISI Group on April 13, 2026, April 13, 2026, and February 23, 2026, respectively. With an average price target of $699 between Citigroup, Wells Fargo, and Evercore ISI Group, there's an implied 15.86% upside for Cummins Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cummins (NYSE:CMI) was reported by Citigroup on April 13, 2026. The analyst firm set a price target for $710.00 expecting CMI to rise to within 12 months (a possible 17.68% upside). 41 analyst firms have reported ratings in the last year.
The latest analyst rating for Cummins (NYSE:CMI) was provided by Citigroup, and Cummins maintained their buy rating.
The last upgrade for Cummins Inc happened on February 9, 2026 when Freedom Broker raised their price target to $670. Freedom Broker previously had a hold for Cummins Inc.
The last downgrade for Cummins Inc happened on January 26, 2026 when Wolfe Research changed their price target from N/A to N/A 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 13, 2026 so you should expect the next rating to be made available sometime around April 13, 2027.
While ratings are subjective and will change, the latest Cummins (CMI) rating was a maintained with a price target of $630.00 to $710.00. The current price Cummins (CMI) is trading at is $603.33, which is out of the analyst’s predicted range.