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Cummins Inc
NYSE:CMI

Watchlist Manager
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Cummins Inc
NYSE:CMI
Watchlist
Price: 291.42 USD 0.02% Market Closed
Updated: Apr 19, 2024

Wall Street
Price Targets

CMI Price Targets Summary
Cummins Inc

Wall Street analysts forecast CMI stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CMI is 299.74 USD with a low forecast of 245.43 USD and a high forecast of 378 USD.

Lowest
Price Target
245.43 USD
16% Downside
Average
Price Target
299.74 USD
3% Upside
Highest
Price Target
378 USD
30% Upside

CMI Last Price Targets
Cummins Inc

The latest public price target was made on Mar 15, 2024 by Steven Fisher from UBS , who expects CMI stock to rise by 10% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Steven Fisher
UBS
321 USD
Upside 10%
1 month ago
Mar 15, 2024
UBS Upgrades Cummins (CMI) to Buy
StreetInsider
Jamie Cook
Truist Financial
303 USD
Upside 4%
1 month ago
Mar 14, 2024
Cummins' Path Forward: Analyst Highlights Impact of Emission Settlement And 2027 Market Dynamics
Benzinga
Unknown Analyst
Deutsche Bank
231 USD
Downside 21%
1 year ago
Feb 7, 2023
Deutsche Bank Maintains Hold on Cummins, Lowers Price Target to $231
Benzinga
Unknown Analyst
Credit Suisse
291 USD
Downside 0%
1 year ago
Feb 7, 2023
Credit Suisse Maintains Outperform on Cummins, Raises Price Target to $291
Benzinga
Steven Fisher
UBS
Price Target 321 USD
Upside/Downside 10%
View Source
Jamie Cook
Truist Financial
Price Target 303 USD
Upside/Downside 4%
View Source
Unknown Analyst
Deutsche Bank
Price Target 231 USD
Upside/Downside 21%
View Source
Unknown Analyst
Credit Suisse
Price Target 291 USD
Upside/Downside 0%
View Source
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Revenue
Forecast

Revenue Estimate
Cummins Inc

For the last 8 years the compound annual growth rate for Cummins Inc's revenue is 7%. The projected CAGR for the next 3 years is 3%.

7%
Past Growth
3%
Estimated Growth
Estimates Accuracy
0%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Cummins Inc

For the last 8 years the compound annual growth rate for Cummins Inc's operating income is 6%. The projected CAGR for the next 3 years is 10%.

6%
Past Growth
10%
Estimated Growth
Estimates Accuracy
-16%
Average Miss

Net Income
Forecast

Net Income Estimate
Cummins Inc

For the last 8 years the compound annual growth rate for Cummins Inc's net income is -8%. The projected CAGR for the next 3 years is 63%.

-8%
Past Growth
63%
Estimated Growth
Estimates Accuracy
10%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CMI's stock price target?
Price Target
299.74 USD

According to Wall Street analysts, the average 1-year price target for CMI is 299.74 USD with a low forecast of 245.43 USD and a high forecast of 378 USD.

What is Cummins Inc's Revenue forecast?
Projected CAGR
3%

For the last 8 years the compound annual growth rate for Cummins Inc's revenue is 7%. The projected CAGR for the next 3 years is 3%.

What is Cummins Inc's Operating Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Cummins Inc's operating income is 6%. The projected CAGR for the next 3 years is 10%.

What is Cummins Inc's Net Income forecast?
Projected CAGR
63%

For the last 8 years the compound annual growth rate for Cummins Inc's net income is -8%. The projected CAGR for the next 3 years is 63%.