Cummins Inc.

(New York Stock Exchange)

Top News rankings and signal summaries are processed using AI and may contain errors.

1
Bullish +65

Cummins Earnings Call Highlights Strong Growth, Risks

Capacity expansion Earnings report Guidance lowered AI-generated analysis

Cummins Inc (CMI) reported a strongly positive third quarter driven by record EBITDA of $1.8 billion, gross margins expanding to 27.7%, and net earnings doubling to $1.1 billion. Revenue reached $9.4 billion, up 13% year-over-year, fueled by robust North American heavy- and medium-duty truck demand...

Bullish Signals

  • Q3 EBITDA hit record $1.8B with 27.7% gross margins.

Bearish Signals

  • China revenue down; unit sales fell 15% to 42,000 units.
  • Accelera drag: revenue $103M, EBITDA loss $56M.
  • 2026 engine growth guidance cut to 8%-11% due to weak demand.
  • H2 price-cost dynamics negative from rising freight and materials.
  • Medium-duty demand missed; EPA transition caused purchase delays.
  • Distribution EBITDA margin fell to 13.9% from 15.5%.
2
Very Bullish +85

Cummins: The Backup Power Story Is The Main Story

Capacity expansion Financial outlook Market commentary AI-generated analysis

Cummins Inc. (CMI) is undergoing a strategic pivot focused on prime power for data centers, which the article identifies as the company's main growth story. The text projects that CMI's data center power revenues will expand significantly from $5 billion today to $9 billion by...

Bullish Signals

  • Strong Buy driven by data center pivot and Power Systems growth.
3
Bullish +62

ABN AMRO Bank N.V. Has $24.13 Million Stake in Cummins Inc. $CMI

AI-generated analysis

ABN AMRO Bank N.V. reduced its stake in Cummins Inc. (NYSE:CMI) by nearly 50% in the first quarter, selling over 46,000 shares to hold a remaining position valued at approximately $24.1 million. Conversely, several other major institutional investors significantly increased their holdings during the third...

Bullish Signals

  • EPS beat at $6.15 vs $5.63 consensus.
  • Revenue hit $8.40B, beating $8.37B estimates.
  • ROE reached 25.25% with 7.89% net margin.
  • Revenue grew 2.7% year-over-year.
  • Institutions added stakes; Norges Bank bought $863M.
  • Stock trades above $60-day MA at $672.37.
  • Debt-to-equity ratio remains low at 0.50.
  • Full-year EPS projected at $29.31.
  • Quarterly dividend of $2.00 per share paid.

Bearish Signals

  • Insiders sold 13,579 shares worth $9.4 million in 90 days.
  • ABN AMRO reduced position by nearly 50% in Q1.
4
Somewhat Bullish +50

Cummins India share price target raised on data centre opportunity; details here

AI-generated analysis

Citi raised its price target for Cummins India Ltd. (CMI) to ₹6,700 following a March quarter profit beat driven by higher deliveries to hyperscale data centre customers and resilient non-data centre power generation demand. The brokerage noted that both hyperscaler and colocation demand have strengthened,...

Bullish Signals

  • Citi profit exceeded expectations with higher hyperscale deliveries.
  • Hyperscaler and colocation demand strengthened; power generation remains resilient.
  • Jefferies raised target to ₹7,100 citing robust domestic demand.
  • Jefferies raised FY27/28 estimates by 5% to 7%.
  • HSBC raised target to ₹6,500 highlighting strong growth.
  • HSBC expects ~20% earnings CAGR from FY26 to FY29.
  • Macquarie retained 'Outperform' with ₹5,750 target; revenue rose 23%.
  • Domestic market revenue grew 30% demonstrating strong local demand.
  • Citi expects distribution business growth from higher localisation levels.
  • Kotak notes quarter surpassed consensus expectations.

Bearish Signals

  • Shares fell despite brokerages raising estimates after strong March quarter.
  • UBS retained 'Sell' rating at ₹3,500 due to valuation concerns.
  • Kotak downgraded to 'Reduce' at ₹5,600 citing market share losses.
  • Exports declined 6% amid geopolitical uncertainties weighing on performance.
  • Input cost pressures weighed on gross margins despite optimism.
5
Somewhat Bullish +35

Stock Picks Today: Infosys, Delhivery, Sagility, Bharat Electronics And More On Brokerages' Radar

AI-generated analysis

Top brokerages have released fresh investment views on a range of Indian equities, highlighting Infosys, Delhivery, Sagility, and L&T as key stocks under scrutiny. Analysts are closely assessing macro risks, artificial intelligence trends, and evolving earnings dynamics. Regarding capital goods, Jefferies notes that one month...

Bullish Signals

  • Nomura rates Infosys Buy at Rs 1,810; acquisitions add ~225 bps to FY27 revenue.
  • Citi sets Infosys target at Rs 1,395; M&A activity adds ~1.6% annual revenue.
  • Jefferies rates Sagility Buy at Rs 53; US payer pressure drives double-digit growth.
  • Nomura expects Sagility EPS CAGR of ~20% by FY28 from structural US healthcare demand.
  • Citi sees L&T Technology SWC divestment boosting margins and reducing revenue volatility.
  • UBS rates Delhivery Buy at Rs 600; focus shifts to profitable growth and margin expansion.
  • Jefferies views banks as favorable with Nifty Bank valuations near historical lows.
  • Nomura expects 7–12% consumer durable price hikes from April, sustaining summer demand growth.

Bearish Signals

  • Infosys M&A may dilute earnings despite 1.6% revenue additions.
  • IT sector recovery remains slow with Q4FY26 growth -1% to +1%.
  • L&T Tech Services SWC underperformance dragged on margins.
  • Conflict risks threaten bank NIMs, growth, and asset quality.
  • GS India cut earnings forecasts by 9 percentage points.
  • Pharma GLP-1 supply shortages favor established players only.
  • Delhivery liquidity constraints limit its competitive expansion potential.
  • Durable growth faces demand risk from 7–12% price hikes.
6
Somewhat Bullish +45

Cummins stock weighs record profit against tighter 2026 outlook

Earnings report Energy storage Guidance lowered AI-generated analysis

Cummins Inc. reported record third-quarter profitability in late October, driven by strong performance across its industrial and power systems segments. The company posted revenue of $9.4 billion, a 13% increase from the prior year, with net income rising to $1.14 billion and diluted earnings per...

Bullish Signals

  • Q3 revenue hit $9.4B with net income of $1.14B.

Bearish Signals

  • 2026 revenue growth outlook lowered to ~10% from 10-13%.
  • North American pickup demand weakening through year-end.
  • Core light-duty truck market faces headwinds.
7
Bullish +65

Cummins stock balances record EBITDA with weaker pickup demand

Earnings report Guidance lowered AI-generated analysis

Cummins Inc. reported record third-quarter financial performance, driven by strong Power Systems segment growth and robust data-center demand. The company achieved a record EBITDA of $1.8 billion and revenue of $9.438 billion for the quarter ended September 30, 2026, representing a 13% year-over-year increase. Net...

Bullish Signals

  • Q3 revenue hit $9.438B with record EBITDA of $1.8B.

Bearish Signals

  • Shipment forecast lowered to 118k-122k units from 125k-140k.
  • Revenue growth outlook narrowed to approximately 10% due to weaker demand.
  • High diesel prices and rates weigh on North American pickup market.
8
Slightly Bearish -15

Cummins stock: Barclays cuts target from USD 760 to USD 675

Analyst downgrade AI-generated analysis

Cummins Inc. reported second-quarter revenue of USD 9.46 billion, representing a 9.40% year-over-year increase. However, the company missed earnings per share estimates, posting USD 6.73 compared to the consensus expectation of USD 7.21, though revenue did exceed analyst projections at USD 9.33 billion. Following the...

Bullish Signals

  • Q2 revenue hit USD 9.46B, beating estimates with 9.40% growth.
  • Barclays keeps overweight rating, signaling strong long-term confidence.

Bearish Signals

  • EPS of $6.73 missed $7.21 consensus.
  • Barclays cut price target to $675.
9
Somewhat Bearish -25

Wells Fargo cuts target for Cummins stock from USD 874.00 to USD 760.00

Analyst downgrade AI-generated analysis

Cummins Inc. (CMI) reported second-quarter results showing revenue growth but a miss in adjusted earnings per share, prompting Wells Fargo to cut its price target from USD 874.00 to USD 760.00 while maintaining an Overweight rating. The company's Q2 revenue reached USD 9.46 billion, representing...

Bullish Signals

  • Revenue grew 9.40% YoY to USD 9.46B in Q2.
  • Expanding portfolio with zero-emission and electric powertrain solutions.

Bearish Signals

  • Wells Fargo cut price target from $874 to $760.
  • EPS of $6.73 missed the $7.21 consensus estimate.
10
Slightly Bullish +25

Cummins stock at EUR 466.50 with USD 72.1 billion market value

Analyst downgrade Dividend Earnings report AI-generated analysis

Cummins Inc. reported second-quarter revenue of USD 9.46 billion, representing a 9.40 percent year-over-year increase. Despite this top-line growth, the company's earnings per share came in at USD 6.73, missing the consensus estimate of USD 7.21 by USD 0.48. This divergence highlights a split between...

Bullish Signals

  • Stock rose 0.80% to EUR 466.50 on Oct 9, 2026.
  • Raised quarterly dividend from USD 2.00 to USD 2.20.
  • Second-quarter revenue grew 9.40% year over year.

Bearish Signals

  • EPS missed by $0.48, reporting $6.73 vs $7.21 target.
  • Wells Fargo cut price target from $874 to $760.
  • Bank of America lowered price target from $731 to $600.
11
Somewhat Bullish +35

Truist cuts target for Cummins stock to USD 779

Analyst downgrade Earnings report Financial outlook AI-generated analysis

Cummins Inc. reported strong second-quarter financial results, with revenue reaching USD 9.46 billion, representing a 9.40% year-over-year increase. Net income attributable to common shareholders rose to USD 932.0 million, and diluted earnings per share increased to USD 6.73 from the prior-year quarter of USD 6.43....

Bullish Signals

  • Raised 2026 revenue outlook to 10.00%-13.00% and EBITDA margin to 18.00%-18.50%.
  • Q2 revenue hit USD 9.46 billion, up 9.40% year over year.
  • Net income grew to USD 932.0 million; EPS rose to USD 6.73.
  • Power Systems revenue surged 19.00% to USD 2.30 billion driven by data-center demand.
  • Analysts project 15.00%-25.00% global power-generation revenue growth for 2026.

Bearish Signals

  • Truist cut price target from USD 894.00 to USD 779.00.
  • Execution risks delay X15/X10 engines until January 2027.
  • Stock down 0.14% on analyst target reduction.
12
Bullish +65

Cummins Inc. $CMI Stock Position Lifted by ABN Amro Investment ...

AI-generated analysis

Institutional investors have significantly increased their positions in Cummins Inc. (NYSE: CMI) during the first quarter and fourth quarter of recent reporting periods. ABN Amro Investment Solutions boosted its stake by 13.5%, acquiring an additional 756 shares to own a total of 6,336 shares valued...

Bullish Signals

  • ABN Amro increased stake by 13.5%, adding 756 shares.
  • Juno Financial bought $883,000 stake in fourth quarter.
  • Westfield Capital and Comprehensive Financial boosted stakes to $7.8M.
  • Citigroup raised price objective from $770 to $790.
  • Raymond James raised target price from $675 to $745.
  • Cummins declared quarterly dividend of $2.20 per share.

Bearish Signals

  • CAO Lamb-Hale sold 2,408 shares for $1.65M, reducing ownership by 14.60%.
  • VP Boakye sold 3,481 shares for $2.37M, dropping ownership by 29.03%.
13
Bullish +75

Truist Raises its Price Target on Cummins (CMI)

AI-generated analysis

On July 2, 2026, Truist Financial raised its price target on Cummins Inc. (NYSE:CMI) to $901 from $815 while maintaining a Buy rating. This adjustment was part of a broader Q2 preview covering machinery and infrastructure sectors, where analysts observe strong demand trends supported by...

Bullish Signals

  • Truist raised target to $901 on strong Q2 demand.
  • Wells Fargo sees prime power award delivery over a year early.
  • UBS upgraded to Buy citing double-digit power business growth.
  • Analysts see upside from undervalued power segment and truck outlook.
  • Secular tailwinds in data centers and defense support future revenue.
14
Bullish +75

Truist Raises its Price Target on Cummins (CMI)

AI-generated analysis

On July 2, 2026, Truist Financial raised its price target on Cummins Inc. (NYSE:CMI) to $901 from $815 while maintaining a Buy rating. This adjustment was part of a broader Q2 preview covering machinery and infrastructure sectors, where analysts observe strong demand trends supported by...

Bullish Signals

  • Truist raised target to $901 with Buy rating.
  • Wells Fargo increased target to $874 citing early award.
  • UBS upgraded to Buy with $850 target on growth.
  • Analysts see significant upside beyond current consensus estimates.
  • Secular tailwinds drive growth in power and aerospace.
15
Bullish +65

Apollon Wealth Management LLC Raises Holdings in Cummins Inc. $CMI - MarketBeat

AI-generated analysis

Apollon Wealth Management LLC increased its stake in Cummins Inc. (NYSE: CMI) by 16.5% during the first quarter, purchasing an additional 2,294 shares to bring total holdings to 16,183 shares valued at approximately $8.7 million. This move follows Cummins' recent quarterly earnings report, which showed...

Bullish Signals

  • EPS of $6.15 beat consensus estimate of $5.63.
  • Revenue of $8.40 billion exceeded analyst estimates.
  • Apollon Wealth Management increased position by 16.5%.
  • Major brokerages raised price targets on CMI stock.
  • Average analyst price target is $731.86.
  • Quarterly dividend of $2.00 per share paid.

Bearish Signals

  • Executives sold over $9M in stock recently.
  • Insider ownership is low at just 0.30%.
16
Bullish +55

Cardinal Point Capital Management ULC Trims Stock Holdings in Cummins ...

AI-generated analysis

Cardinal Point Capital Management ULC significantly reduced its position in Cummins Inc. (NYSE:CMI) by 58.5% in the first quarter, selling 1,412 shares to hold just 1,000 shares valued at $538,000. Conversely, several other institutional investors increased their stakes during the fourth quarter, including Activest Wealth...

Bullish Signals

  • EPS beat at $6.15 vs $5.63 estimate.
  • Revenue of $8.4B exceeded $8.37 forecast.
  • ROE reached 25.25% with 7.89% net margins.
  • Revenue grew 2.7% year-over-year.
  • Barclays raised target to $760 'overweight'.

Bearish Signals

  • Cardinal Point Capital reduced position by 58.5%, selling 1,412 shares.
  • Insiders sold 13,579 shares valued at $9.38 million last quarter.
  • VP Donald G. Jackson sold 730 shares for $518,971.60 (8.07% drop).
  • VP Nathan R. Stoner sold 607 shares for $421,294.42 (6.04% drop).
17
Bullish +65

Cummins Inc. (NYSE:CMI) Receives Consensus Recommendation of "Moderate ...

AI-generated analysis

Cummins Inc. (NYSE:CMI) has received a consensus 'Moderate Buy' rating from sixteen brokerages, with an average twelve-month target price of $731.86. Recent analyst activity includes Zacks Research upgrading the stock to 'strong-buy', while Wall Street Zen downgraded it to 'buy'. Other major firms like UBS...

Bullish Signals

  • EPS beat estimates at $6.15 vs $5.63 consensus.
  • Revenue hit $8.40B, up 2.7% year-over-year.
  • Strong ROE of 25.25% and net margin of 7.89%.
  • Eleven of sixteen brokers rate stock buy or strong buy.
  • Institutional investor North Carolina Treasurer increased holdings.

Bearish Signals

  • VP Nathan Stoner and EVP Bonnie Fetch sold $877,000 in shares.
  • Modest 2.7% revenue growth suggests a maturing market.
18
Somewhat Bullish +50

Data centres are powering Cummins. Can growth justify the valuation?

AI-generated analysis

Cummins India's Q4FY26 earnings report highlights a significant shift in its growth trajectory, with the power-generation business increasingly driven by demand from data centres and hyperscalers. Total operating revenue rose 23% year-on-year to ₹3,000 crore, while net profit increased similarly to ₹650 crore, supported by...

Bullish Signals

  • Power-generation revenue surged 48% YoY driven by data centre demand.
  • Total operating revenue rose 23% to ₹3,000 crore in Q4FY26.
  • Data centres accounted for 35% of domestic power-generation revenue in Q4FY26.
  • Enquiry momentum accelerated sharply since October from hyperscalers and colocation.
  • Capacity utilization at 70% allows growth without significant capital expenditure.
  • Distribution business revenue rose 21% YoY aided by maintenance contracts.
  • Stock hit record high of ₹6,100 on Friday.

Bearish Signals

  • Flat industrial revenue amid expected construction and compressor weakness.
  • Export revenue fell 6% to ₹450 crore due to West Asia uncertainty.
  • Labour shortages, fuel costs, and inflation pressure margins with 3-6 month lead times.
  • Stock near ₹6,100 highs on 70% gain faces demanding 57x FY27 multiple.
19
Bullish +65

Fideuram Asset Management Ireland dac Purchases New Shares in Cummins Inc. $CMI - MarketBeat

AI-generated analysis

Fideuram Asset Management Ireland dac increased its stake in Cummins Inc. (NYSE: CMI) during the fourth quarter by purchasing 6,733 shares valued at approximately $3.44 million. This transaction contributes to a high level of institutional ownership, with roughly 83.46% of the company's stock currently held...

Bullish Signals

  • EPS beat at $6.15 vs $5.63 estimate.
  • Revenue hit $8.40B, beating $8.37B forecast.
  • 83.46% of shares held by institutions.
  • Price targets raised to $745 and $770.
  • Dividend yield is 1.2% with 41.52% payout.

Bearish Signals

  • CAO sold 14.6% of holdings; VP sold 20.4%.
  • UBS maintains neutral rating with $565 price target.
20
Bullish +75

Cummins Inc. (CMI) Price Target Raised to $770 on Higher Estimates

AI-generated analysis

Cummins Inc. (CMI) reported strong first-quarter earnings, posting revenue of $8.40 billion and adjusted EPS of $6.15, both exceeding analyst estimates driven primarily by surging power generation demand from data centers. This performance resulted in a positive 2.2% stock price movement, with the company trading...

Bullish Signals

  • Revenue hit $8.40B, beating estimates by 2.7% YoY.
  • Adjusted EPS rose to $6.15, a 9.3% beat.
  • EBITDA margins expanded to 17.7%, surpassing expectations.
  • Strong data center demand drives international growth.
  • Stock gained 2.2% on positive earnings and guidance.

Bearish Signals

  • Operating margins fell 13.9% to 11.3%, signaling profitability pressure.
  • North American truck volumes dragged down overall results due to segment weakness.
  • B platform engine launch delayed by regulator collaboration, creating timeline uncertainty.
  • Distribution margins will drop due to mix shifts and prior pricing actions.
  • Data center demand slowdown risks top-line growth for Cummins.