Cummins Inc.

(New York Stock Exchange)
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Slightly Bullish +25

Cummins stock at EUR 466.50 with USD 72.1 billion market value

Analyst downgrade Dividend Earnings report AI-generated analysis

πŸ“ˆ Cummins reported second-quarter revenue of USD 9.46 billion, a 9.40 percent increase year over year.

⚠️ Earnings per share missed consensus by USD 0.48, landing at USD 6.73 versus the expected USD 7.21.

πŸ“‰ Wells Fargo cut its price target from USD 874.00 to USD 760.00 in a report dated October 8, 2026.

πŸ“‰ Bank of America lowered its price target from USD 731.00 to USD 600.00 on September 24, 2026.

πŸ’° The company raised its quarterly dividend from USD 2.00 to USD 2.20, resulting in a 1.70 percent yield.

πŸ“Š Cummins stock traded up 0.80 percent to EUR 466.50 on October 9, 2026, with a market cap of USD 72.1 billion.

πŸ“… The next earnings date is set for November 5, 2026, with consensus revenue guidance at USD 10.0 billion.

🏭 Cummins operates in the Heavy Equipment / Engines and Turbines sector with a P/E ratio of 26.71.

Bullish Signals
  • Cummins stock rose 0.80 percent to EUR 466.50 on October 9, 2026, trading above its prior close.
  • The company raised its quarterly dividend from USD 2.00 to USD 2.20, providing a 1.70 percent dividend yield.
  • Second-quarter revenue grew 9.40 percent year over year to reach USD 9.46 billion.
Risk Factors
  • Earnings per share missed the consensus estimate by USD 0.48, reporting USD 6.73 against a target of USD 7.21.
  • Wells Fargo cut its price target from USD 874.00 to USD 760.00 following the earnings report.
  • Bank of America lowered its price target from USD 731.00 to USD 600.00 in a separate report.
Full 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 sales expansion and profit delivery during the period. Trading activity on October 9, 2026, saw Cummins stock rise to EUR 466.50, up 0.80 percent from the prior close. The company maintains a market capitalization of USD 72.1 billion with a P/E ratio of 26.71. Shares are currently trading below their 52-week high of USD 737.76 but remain above the low of USD 400.72. Analyst sentiment has turned cautious, with Wells Fargo cutting its price target to USD 760.00 and Bank of America lowering theirs to USD 600.00. The average analyst target stands at USD 717.59 with a Moderate Buy consensus. Management raised the quarterly dividend from USD 2.00 to USD 2.20, offering a yield of 1.70 percent. The next earnings report is scheduled for November 5, 2026, where investors will look for Q3 revenue guidance near USD 10.0 billion and EPS expectations around USD 8.33. The immediate outlook remains balanced as the market awaits confirmation that recent revenue trends can translate into stronger profitability.