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Cummins Inc has a consensus price target of $589.7 based on the ratings of 21 analysts. The high is $874 issued by Wells Fargo on June 17, 2026. The low is $225 issued by B of A Securities on January 19, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, UBS, and Argus Research on June 17, 2026, June 8, 2026, and June 1, 2026, respectively. With an average price target of $831.33 between Wells Fargo, UBS, and Argus Research, there's an implied 14.26% 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 Wells Fargo on June 17, 2026. The analyst firm set a price target for $874.00 expecting CMI to rise to within 12 months (a possible 20.12% upside). 44 analyst firms have reported ratings in the last year.
The latest analyst rating for Cummins (NYSE:CMI) was provided by Wells Fargo, and Cummins maintained their overweight rating.
The last upgrade for Cummins Inc happened on June 8, 2026 when UBS raised their price target to $850. UBS previously had a neutral 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 June 17, 2026 so you should expect the next rating to be made available sometime around June 17, 2027.
While ratings are subjective and will change, the latest Cummins (CMI) rating was a maintained with a price target of $794.00 to $874.00. The current price Cummins (CMI) is trading at is $727.59, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 06/17/2026 | Buy Now | 20.12% | Wells Fargo | $794 → $874 | Maintains | Overweight | Get Alert |
| 06/08/2026 | Buy Now | 16.82% | UBS | $565 → $850 | Upgrade | Neutral → Buy | Get Alert |
| 06/01/2026 | Buy Now | 5.83% | Argus Research | $696 → $770 | Maintains | Buy | Get Alert |
| 05/26/2026 | Buy Now | 2.39% | Raymond James | $675 → $745 | Maintains | Outperform | Get Alert |
| 05/07/2026 | Buy Now | 4.45% | Barclays | $610 → $760 | Maintains | Overweight | Get Alert |
| 05/06/2026 | Buy Now | -0.36% | JP Morgan | $600 → $725 | Maintains | Neutral | Get Alert |
| 05/06/2026 | Buy Now | 5.83% | Citigroup | $710 → $770 | Maintains | Buy | Get Alert |
| 05/06/2026 | Buy Now | 3.35% | Morgan Stanley | $675 → $752 | Maintains | Overweight | Get Alert |
| 05/06/2026 | Buy Now | 9.13% | Wells Fargo | $693 → $794 | Maintains | Overweight | Get Alert |
| 04/20/2026 | Buy Now | 0.33% | Truist Securities | $703 → $730 | Maintains | Buy | Get Alert |
| 04/13/2026 | Buy Now | -2.42% | Citigroup | $630 → $710 | Maintains | Buy | Get Alert |
| 04/13/2026 | Buy Now | -4.75% | Wells Fargo | $630 → $693 | Maintains | Overweight | Get Alert |
| 02/23/2026 | Buy Now | -4.62% | Evercore ISI Group | $576 → $694 | Maintains | Outperform | Get Alert |
| 02/09/2026 | Buy Now | -7.92% | Freedom Broker | $453 → $670 | Upgrade | Hold → Buy | Get Alert |
| 02/09/2026 | Buy Now | -7.23% | Raymond James | $585 → $675 | Maintains | Outperform | Get Alert |
| 02/06/2026 | Buy Now | -3.38% | Truist Securities | $653 → $703 | Reiterates | Buy → Buy | Get Alert |
| 01/26/2026 | Buy Now | — | Wolfe Research | — | Downgrade | Outperform → Peer Perform | Get Alert |
| 01/23/2026 | Buy Now | -16.16% | Barclays | $546 → $610 | Maintains | Overweight | Get Alert |
| 01/23/2026 | Buy Now | -13.41% | Wells Fargo | $599 → $630 | Maintains | Overweight | Get Alert |
| 01/14/2026 | Buy Now | -20.28% | JP Morgan | $485 → $580 | Maintains | Neutral | Get Alert |
| 01/13/2026 | Buy Now | -13.41% | Citigroup | $580 → $630 | Maintains | Buy | Get Alert |
| 12/22/2025 | Buy Now | -19.6% | Raymond James | → $585 | Upgrade | Market Perform → Outperform | Get Alert |
| 12/19/2025 | Buy Now | -24.96% | Barclays | $515 → $546 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 12/18/2025 | Buy Now | -10.25% | Truist Securities | $628 → $653 | Maintains | Buy | Get Alert |
| 12/11/2025 | Buy Now | -20.28% | Citigroup | $530 → $580 | Maintains | Buy | Get Alert |
| 11/25/2025 | Buy Now | -21.25% | Argus Research | $459 → $573 | Maintains | Buy | Get Alert |
| 11/25/2025 | Buy Now | -31.28% | UBS | $350 → $500 | Upgrade | Sell → Neutral | Get Alert |
| 11/24/2025 | Buy Now | -13.69% | Truist Securities | $522 → $628 | Upgrade | Hold → Buy | Get Alert |
| 11/14/2025 | Buy Now | -17.67% | Wells Fargo | → $599 | Initiates | → Overweight | Get Alert |
| 11/11/2025 | Buy Now | -29.22% | Barclays | $430 → $515 | Maintains | Equal-Weight | Get Alert |
| 11/07/2025 | Buy Now | -37.74% | Freedom Broker | $399 → $453 | Maintains | Hold | Get Alert |
| 11/07/2025 | Buy Now | -27.16% | Citigroup | $500 → $530 | Maintains | Buy | Get Alert |
| 11/07/2025 | Buy Now | -28.26% | Truist Securities | $434 → $522 | Maintains | Hold | Get Alert |
| 10/20/2025 | Buy Now | -40.9% | Barclays | $387 → $430 | Maintains | Equal-Weight | Get Alert |
| 10/14/2025 | Buy Now | -36.78% | JP Morgan | $400 → $460 | Maintains | Neutral | Get Alert |
| 10/08/2025 | Buy Now | -40.35% | Truist Securities | $380 → $434 | Maintains | Hold | Get Alert |
| 09/23/2025 | Buy Now | -33.34% | Citigroup | $425 → $485 | Maintains | Buy | Get Alert |
| 09/03/2025 | Buy Now | -31.28% | Melius Research | → $500 | Upgrade | Hold → Buy | Get Alert |
| 08/11/2025 | Buy Now | -45.16% | Freedom Broker | $368 → $399 | Downgrade | Buy → Hold | Get Alert |
| 08/11/2025 | Buy Now | — | Wolfe Research | — | Upgrade | Peer Perform → Outperform | Get Alert |
| 08/07/2025 | Buy Now | -47.77% | Truist Securities | $342 → $380 | Maintains | Hold | Get Alert |
| 08/06/2025 | Buy Now | -41.59% | Citigroup | $380 → $425 | Maintains | Buy | Get Alert |
| 07/21/2025 | Buy Now | -46.81% | Barclays | $381 → $387 | Maintains | Equal-Weight | Get Alert |
| 07/11/2025 | Buy Now | -51.21% | Baird | $315 → $355 | Maintains | Neutral | Get Alert |
| 06/24/2025 | Buy Now | -50.52% | Citigroup | $350 → $360 | Maintains | Buy | Get Alert |
| 05/27/2025 | Buy Now | -40.76% | Goldman Sachs | $410 → $431 | Upgrade | Neutral → Buy | Get Alert |
| 05/19/2025 | Buy Now | -42.41% | Evercore ISI Group | $451 → $419 | Maintains | Outperform | Get Alert |
| 05/13/2025 | Buy Now | -49.42% | Freedom Broker | $373 → $368 | Upgrade | Hold → Buy | Get Alert |
| 05/12/2025 | Buy Now | -51.9% | Citigroup | $320 → $350 | Maintains | Buy | Get Alert |
| 05/06/2025 | Buy Now | -51.9% | Morgan Stanley | $340 → $350 | Maintains | Overweight | Get Alert |
| 05/06/2025 | Buy Now | -56.02% | JP Morgan | $308 → $320 | Maintains | Neutral | Get Alert |
| 04/16/2025 | Buy Now | -53.27% | Morgan Stanley | $425 → $340 | Maintains | Overweight | Get Alert |
| 04/15/2025 | Buy Now | -56.71% | Baird | $407 → $315 | Maintains | Neutral | Get Alert |
| 04/11/2025 | Buy Now | -57.67% | JP Morgan | $375 → $308 | Maintains | Neutral | Get Alert |
| 04/08/2025 | Buy Now | -56.02% | Citigroup | $360 → $320 | Maintains | Buy | Get Alert |
| 04/08/2025 | Buy Now | -53.55% | Truist Securities | $420 → $338 | Maintains | Hold | Get Alert |
| 04/07/2025 | Buy Now | -67.01% | UBS | $400 → $240 | Downgrade | Buy → Sell | Get Alert |
| 03/31/2025 | Buy Now | -50.52% | Citigroup | $430 → $360 | Maintains | Buy | Get Alert |
| 03/18/2025 | Buy Now | -45.02% | UBS | $432 → $400 | Maintains | Buy | Get Alert |
| 03/18/2025 | Buy Now | -48.46% | JP Morgan | $420 → $375 | Maintains | Neutral | Get Alert |
| 02/19/2025 | Buy Now | -38.01% | Evercore ISI Group | $408 → $451 | Maintains | Outperform | Get Alert |
| 02/05/2025 | Buy Now | -43.65% | Goldman Sachs | $370 → $410 | Upgrade | Neutral → Buy | Get Alert |
| 02/05/2025 | Buy Now | -44.06% | Baird | $395 → $407 | Maintains | Neutral | Get Alert |
| 02/05/2025 | Buy Now | -47.64% | Barclays | $310 → $381 | Maintains | Equal-Weight | Get Alert |
| 01/16/2025 | Buy Now | -41.59% | Truist Securities | $424 → $425 | Maintains | Hold | Get Alert |
| 01/14/2025 | Buy Now | -40.9% | Citigroup | $435 → $430 | Maintains | Buy | Get Alert |
| 01/14/2025 | Buy Now | -50.8% | B of A Securities | $354 → $358 | Upgrade | Underperform → Neutral | Get Alert |
| 12/19/2024 | Buy Now | -41.73% | Truist Securities | $369 → $424 | Maintains | Hold | Get Alert |
| 12/09/2024 | Buy Now | -40.21% | Citigroup | $415 → $435 | Maintains | Buy | Get Alert |
| 12/09/2024 | Buy Now | -42.28% | JP Morgan | $355 → $420 | Upgrade | Underweight → Neutral | Get Alert |
| 12/06/2024 | Buy Now | -40.21% | Jefferies | $410 → $435 | Maintains | Buy | Get Alert |
| 11/20/2024 | Buy Now | -42.96% | Citigroup | $375 → $415 | Maintains | Buy | Get Alert |
| 11/13/2024 | Buy Now | -43.92% | Evercore ISI Group | $294 → $408 | Upgrade | In-Line → Outperform | Get Alert |
| 11/06/2024 | Buy Now | -49.28% | Truist Securities | $371 → $369 | Maintains | Hold | Get Alert |
| 11/06/2024 | Buy Now | -49.15% | Goldman Sachs | $324 → $370 | Maintains | Neutral | Get Alert |
| 11/06/2024 | Buy Now | -48.87% | Baird | $330 → $372 | Maintains | Neutral | Get Alert |
| 10/11/2024 | Buy Now | -53.27% | JP Morgan | $285 → $340 | Maintains | Underweight | Get Alert |
| 10/09/2024 | Buy Now | -48.46% | Citigroup | $345 → $375 | Maintains | Buy | Get Alert |
| 10/09/2024 | Buy Now | -49.01% | Truist Securities | $349 → $371 | Maintains | Hold | Get Alert |
| 08/19/2024 | Buy Now | -59.59% | Evercore ISI Group | $290 → $294 | Maintains | In-Line | Get Alert |
| 08/05/2024 | Buy Now | -57.39% | Barclays | $259 → $310 | Maintains | Equal-Weight | Get Alert |
| 08/05/2024 | Buy Now | -52.03% | Truist Securities | $315 → $349 | Maintains | Hold | Get Alert |
| 08/02/2024 | Buy Now | -60.83% | JP Morgan | $275 → $285 | Maintains | Underweight | Get Alert |
| 08/02/2024 | Buy Now | -56.71% | Baird | $295 → $315 | Maintains | Neutral | Get Alert |
| 07/02/2024 | Buy Now | -56.71% | Truist Securities | $319 → $315 | Maintains | Hold | Get Alert |
| 06/28/2024 | Buy Now | — | Raymond James | — | Initiates | → Market Perform | Get Alert |
| 06/26/2024 | Buy Now | -56.02% | Citigroup | → $320 | Initiates | → Buy | Get Alert |
| 05/15/2024 | Buy Now | -56.16% | Truist Securities | $319 → $319 | Maintains | Hold | Get Alert |
| 05/10/2024 | Buy Now | -59.87% | TD Cowen | $272 → $292 | Maintains | Buy | Get Alert |
| 05/03/2024 | Buy Now | -56.16% | Truist Securities | $303 → $319 | Maintains | Hold | Get Alert |
| 05/03/2024 | Buy Now | -59.46% | Baird | $298 → $295 | Maintains | Neutral | Get Alert |
| 04/16/2024 | Buy Now | -57.94% | Goldman Sachs | $270 → $306 | Maintains | Neutral | Get Alert |
| 03/25/2024 | Buy Now | -62.2% | JP Morgan | $245 → $275 | Maintains | Underweight | Get Alert |
| 03/15/2024 | Buy Now | -55.88% | UBS | $254 → $321 | Upgrade | Neutral → Buy | Get Alert |
| 03/14/2024 | Buy Now | -58.36% | Truist Securities | → $303 | Initiates | → Hold | Get Alert |
| 02/20/2024 | Buy Now | -66.46% | Evercore ISI Group | $231 → $244 | Maintains | In-Line | Get Alert |
| 02/12/2024 | Buy Now | -60.83% | Citigroup | $265 → $285 | Maintains | Buy | Get Alert |
| 01/19/2024 | Buy Now | -69.08% | B of A Securities | $243 → $225 | Downgrade | Neutral → Underperform | Get Alert |
| 01/18/2024 | Buy Now | -66.33% | JP Morgan | $255 → $245 | Maintains | Underweight | Get Alert |
| 01/08/2024 | Buy Now | -61.79% | Morgan Stanley | → $278 | Initiates | → Overweight | Get Alert |