30-day average of 14 articles · scale −100 to +100
Across 14 scored articles from Oct 16 to Nov 14, 2026 (UTC),
the average sentiment of Cummins news is Somewhat Bullish (+29)
on a scale from −100 to +100.
That is about the same as the previous 30 days (+26).
📈 Record Q3 revenue of $9.4 billion up 13% year-over-year.
📉 Lowered full-year guidance to ~10% due to weak truck demand.
Somewhat Bullish +45
Cummins stock weighs record profit against tighter 2026 outlook
AI-generated analysis
Key insights
📈 Cummins reported record third-quarter revenue of $9.4 billion, representing a 13% year-over-year increase.
💰 Net income surged to $1.14 billion, while diluted earnings per share reached $8.25 in the quarter.
⚡ Power Systems sales grew 15% to $2.3 billion, driven by strong demand for data-center power solutions.
🔋 Cummins secured a major contract to supply battery energy storage systems for a large U.S. data-center project.
📉 The company lowered its full-year 2026 revenue growth guidance to approximately 10% from the previous 10-13% range.
🚛 Weakening demand for North American pickup trucks is the primary factor behind the revised outlook.
🏭 Third-quarter EBITDA hit a record $1.8 billion, achieving an 18.9% margin on sales.
📅 Management expects fourth-quarter revenue to rise and set a new record supported by power generation demand.
🌍 Data-center projects in the United States, China, and Asia-Pacific are fueling growth in the Power Generation business.
📊 Cummins stock traded at 413.85 euros on November 12, 2026, reflecting mixed sentiment on earnings vs. outlook.
📈 Bullish signals
📈Cummins achieved record third-quarter revenue of $9.4 billion and net income of $1.14 billion, demonstrating strong operational execution.
⚡The Power Systems segment delivered a 15% sales increase to $2.3 billion with an improved EBITDA margin of 25.4%.
🔋Cummins secured its largest battery energy storage system (BESS) deployment to date for a major U.S. data-center project.
🏭Third-quarter EBITDA reached a record $1.8 billion, reflecting strong profitability and an 18.9% margin on sales.
📅Management expects fourth-quarter revenue to exceed the third quarter's level and set a new all-time record.
🌍Strong demand for power generation solutions from data-center projects in the US, China, and Asia-Pacific is driving growth.
📉 Risk factors
📉Cummins lowered its full-year 2026 revenue growth outlook to approximately 10%, down from a previous range of 10% to 13%.
🚛Weakening demand for pickup trucks in North America is persisting through year-end and acting as a significant drag on sales.
⚡The revised guidance indicates that the company faces headwinds in its core light-duty truck market despite strong power systems performance.
Article
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 share reaching $8.25. This financial success was underpinned by robust demand for power generation solutions, particularly in the data-center sector.
Despite the strong quarterly results, Cummins lowered its full-year 2026 revenue growth outlook to approximately 10%, down from a previous guidance range of 10% to 13%. The primary driver for this revision is weakening demand for pickup trucks in North America, which remains a significant pressure point for the company's overall sales trajectory through year-end.
Management highlighted strategic expansion into battery energy storage systems (BESS) to capitalize on data-center construction projects globally. This new focus aims to diversify revenue streams and manage AI-driven load fluctuations. While fourth-quarter revenue is expected to set a new record, the stock's performance will depend on whether growth in power generation and heavy-duty truck volumes can offset the persistent weakness in the pickup market.
Third-quarter EBITDA reached a record $1.8 billion with an 18.9% margin, benefiting from favorable tax items and excluding prior-year non-cash charges. The Power Systems segment specifically saw sales jump 15% to $2.3 billion as data-center projects in the US, China, and Asia-Pacific drove demand for Cummins' latest battery storage deployments.
Sector and industry come from company profile data. Sentiment is the AI score of the news articles on this page, averaged per day. Not investment advice.
Cummins Inc. reported second-quarter 2026 results showing robust top-line growth despite a miss in adjusted earnings per share. The company posted Q2 revenue of $9.46 billion, surpassing analyst consensus estimates by 1.38% and growing 9.4% year-over-year. This revenue beat highlights strong demand across its engine, power systems, and electrified powertrain markets, particularly in North American on-highway sectors and China construction.
Despite the positive revenue trajectory, profitability faced headwinds as adjusted EPS of $6.94 fell short of the $7.33 consensus estimate by 5.3%. However, operating cash flow demonstrated significant resilience, rising to $1.5 billion from $785 million in the prior-year period. Management responded to these mixed results by lifting its full-year 2026 revenue growth outlook to a range of 10-13%, up from the previous 8-11% guidance.
Following the earnings release, JPMorgan cut its price target for Cummins stock from $690.00 to $600.00 while maintaining a Neutral rating. The analyst noted that while the revised target remains above the current trading price of approximately $524.65, the reduction lowers the valuation bar. Investors are now focused on whether the company's accelerating sales volume can successfully translate into improved earnings conversion in future quarters.
The market backdrop for Cummins combines these constructive operating counterpoints with a sharp analyst target reduction announced on September 23, 2026. The stock traded down slightly by 0.28% on that day, reflecting a measured market signal rather than a directional breakout. The upcoming valuation debate will depend heavily on the company's ability to improve margins and convert higher sales into sustained profitability growth.
📈 Q2 revenue hit $9.46B, beating estimates and growing 9.4% year-over-year.
💰 Operating cash flow surged to $1.5B, up from $785M prior year.
📉 EPS missed consensus by 5.3%, trading at $524.65 on Sept 23.
🔭 Full-year revenue growth outlook lifted to 10-13% from previous 8-11%.
📉 JPMorgan cut price target to $600 while maintaining Neutral rating.
📈 Cummins Q2 2026 revenue reached $9.46 billion, beating consensus estimates by 1.38% and growing 9.4% year-over-year.
💰 Operating cash flow surged to $1.5 billion in Q2 2026, up significantly from $785 million in the comparable prior-year period.
📉 Adjusted earnings per share missed the consensus estimate by 5.3%, coming in at $6.94 versus a target of $7.33.
🔭 Management lifted its full-year 2026 revenue growth outlook to 10-13%, expanding from the previous guidance of 8-11%.
📉 JPMorgan cut its Cummins price target from $690.00 to $600.00 while maintaining a Neutral rating following the earnings report.
🏭 Key demand drivers cited include North American on-highway markets, China construction, and power generation sectors.
📊 The stock traded at $524.65 on September 23, 2026, with a 52-week range spanning from $400.72 to $737.76.
Bullish Signals
Q2 revenue of $9.46B beat consensus by 1.38%.
Operating cash flow jumped to $1.5B in the quarter.
Raised full-year 2026 revenue growth guidance to 10-13%.
Capturing demand in North America, China, and power.
Risk Factors
EPS missed by 5.3%, highlighting margin pressure.
JPMorgan cut price target to $600.
Stock declined 0.28% on market caution.
Bullish Signals
Cummins Q2 revenue of $9.46 billion exceeded analyst consensus by 1.38%, demonstrating strong top-line growth.
Operating cash flow jumped to $1.5 billion in the quarter, more than doubling from $785 million in the prior-year period.
Management raised its full-year 2026 revenue growth guidance to 10-13%, indicating confidence in future sales expansion.
The company is successfully capturing demand in key markets including North American on-highway, China construction, and power generation.
Risk Factors
Adjusted earnings per share of $6.94 missed the consensus estimate of $7.33 by 5.3%, highlighting margin pressure.
JPMorgan reduced its price target from $690.00 to $600.00, signaling a lower valuation bar despite the revenue beat.
The stock declined 0.28% on September 23, 2026, reflecting market caution regarding the translation of sales growth into earnings.
As of September 19, 2026, Cummins Inc. (CMI) trades at $532.23, which is below its 50-day average of $608.16 and 200-day moving average of $602.75. Technical indicators show a Relative Strength Index (RSI) of 33, suggesting the stock is in neutral-to-bearish territory with potential for continued downward pressure.
Despite the bearish technical setup, Wall Street consensus remains bullish with 23 analysts maintaining a 'Buy' rating and a median price target of $771.00, implying approximately 44.9% upside from current levels. Analysts project strong revenue growth, estimating a 9.00% increase for the next year and a five-year CAGR of 13.98%, indicating positive long-term business prospects.
However, recent financial performance has been mixed as Cummins missed earnings per share (EPS) estimates for the quarter ending June 2026, reporting $6.73 against an expected $7.17. This miss signals potential challenges in meeting future financial expectations. Additionally, insider activity shows a significant disparity between sales and purchases, with insiders selling over $56.8 million worth of stock compared to only $332.1 thousand in purchases, indicating a lack of confidence from management.
📉 CMI trades below 50-day and 200-day moving averages at $532.23.
📊 RSI of 33 signals neutral-to-bearish technical conditions for the stock.
🔍 Wall Street consensus is bullish with a median price target of $771.00.
📈 Analysts project 9% revenue growth and a five-year CAGR of 13.98%.
⚠️ Cummins missed EPS estimates, reporting $6.73 versus expected $7.17.
📉 CMI trades at $532.23, significantly below its 50-day average of $608.16 and 200-day moving average of $602.75.
📊 The stock's RSI is at 33, indicating neutral-to-bearish technical conditions with potential downward pressure.
🔍 Wall Street consensus remains bullish with 23 analysts rating CMI as 'Buy' and a median price target of $771.00.
📈 Analysts project strong revenue growth with an estimated 9.00% increase for the next year and a five-year CAGR of 13.98%.
⚠️ Cummins missed EPS estimates for the quarter ending June 2026, reporting $6.73 against an expected $7.17.
💸 Insiders have sold over $56.8 million worth of CMI stock, significantly outweighing purchases of $332.1 thousand.
Bullish Signals
23 analysts maintain 'Buy' rating with $771 median target.
Revenue projected to grow 9% annually, 13.98% five-year CAGR.
Risk Factors
Stock trades below 50-day and 200-day moving averages.
Missed EPS estimates at $6.73 vs expected $7.17.
Insiders sold $56.8M, vastly outweighing $332.1K buys.
Bullish Signals
Wall Street consensus remains bullish with 23 analysts maintaining a 'Buy' rating and a median price target of $771.00.
Analysts project strong revenue growth, estimating a 9.00% increase for the next year and a five-year CAGR of 13.98%.
Risk Factors
The stock trades below its 50-day average of $608.16 and 200-day moving average of $602.75, suggesting continued downward pressure.
Cummins missed EPS estimates for the quarter ending June 2026, reporting $6.73 against an expected $7.17.
Insiders have sold over $56.8 million worth of CMI stock, significantly outweighing purchases of $332.1 thousand.
Cummins Inc. stock is trading near USD 523 as of September 18, 2026, with analysts highlighting an attractive valuation and strengthening earnings momentum. Recent quarterly figures indicate double-digit revenue growth and improving profit margins for the engine manufacturer, suggesting a robust business profile despite recent volatility in earnings surprises.
Analyst estimates compiled by Yahoo Finance project Cummins to generate USD 9.84 billion in revenue for the quarter ending September 30, 2026, representing an 18.32% increase year-over-year. For the full year 2026, consensus models anticipate total revenue of USD 37.62 billion, reflecting broad-based demand across commercial engines and power systems.
Valuation reviews from Simply Wall St suggest the stock remains undervalued at current levels, with a five-year total return of 157.3% putting pressure on future cash generation to justify past performance. Zacks Investment Research classifies Cummins as a strong value stock with a forward P/E ratio of 18.11 and notes recent upward revisions to earnings estimates by Wall Street analysts.
Despite recent misses against consensus in EPS, the progression from USD 3.86 to USD 6.73 over four reported quarters underlines a clear upward trend in profitability. Key risks include cyclical exposure to heavy-duty trucking, potential price pressure in engine markets, and significant investment requirements for transitioning toward lower-emission technologies and electrified powertrains.
💰 Analysts project Q3 2026 revenue of USD 9.84 billion, up 18.32% year-over-year.
📈 Three analysts raised estimates to USD 29.71 per share over the last 60 days.
📉 Recent quarterly GAAP EPS of USD 6.73 missed estimates by 6.12%.
⚠️ Cyclical risks include heavy-duty trucking demand and potential engine market price pressure.
🔋 Significant investment is needed for Cummins to transition to lower-emission technologies.
📈 Cummins Inc. stock trades near USD 523 with analysts citing attractive valuation and strong earnings momentum.
💰 Analysts project quarterly revenue of USD 9.84 billion for the period ending September 30, 2026, up 18.32% year-over-year.
📊 Full-year 2026 revenue consensus stands at USD 37.62 billion, reflecting robust demand across commercial engines and power systems.
📉 Recent quarterly GAAP EPS of USD 6.73 missed estimates by 6.12% but shows a clear upward trend from prior quarters.
💡 Simply Wall St analysis suggests the current share price is below intrinsic value based on discounted cash flow models.
🏆 Zacks Investment Research classifies Cummins as a strong value stock with a VGM Score of A and forward P/E of 18.11.
📈 Three analysts have revised earnings estimates upward over the last 60 days, lifting consensus to USD 29.71 per share.
⚠️ The company faces cyclical risks related to heavy-duty trucking demand and potential price pressure in engine markets.
🔋 Significant investment requirements are needed for Cummins to transition toward lower-emission technologies and electrified powertrains.
📉 Stock is currently rated as a 'Hold' (Rank 3) by Zacks, balancing opportunities against operational risks.
Bullish Signals
Revenue projected at USD 9.84B for Q3 2026, up 18.32% YoY.
Risk Factors
EPS missed estimates 6.12% for four consecutive quarters.
Bullish Signals
Analysts project quarterly revenue of USD 9.84 billion for the quarter ending September 30, 2026, representing an 18.32% increase year-over-year.
Full-year 2026 revenue consensus stands at USD 37.62 billion, indicating broad-based demand across commercial engines and power systems.
Zacks Investment Research classifies Cummins as a strong value stock with a VGM Score of A and a forward P/E ratio of 18.11.
Recent upward revisions to earnings estimates by three analysts have lifted the consensus EPS forecast to USD 29.71 per share.
Simply Wall St analysis suggests the current share price is undervalued relative to intrinsic value estimates derived from discounted cash flow models.
The company has demonstrated a clear upward trend in profitability, with GAAP EPS rising from USD 3.86 to USD 6.73 over four reported quarters.
Risk Factors
Recent quarterly GAAP earnings per share of USD 6.73 missed analyst estimates by 6.12%, following misses in the first quarter and two prior quarters.
The stock is currently rated as a 'Hold' (Rank 3) rather than a Buy, reflecting a balance of opportunities and risks according to Zacks Investment Research.
Cummins faces cyclical exposure to heavy-duty trucking and industrial demand which could impact future revenue stability.
Potential price pressure in engine markets poses a risk to maintaining current profit margins as volumes grow.
Significant investment requirements are needed for the transition toward lower-emission technologies and electrified powertrains, impacting capital allocation.
Cummins India unveiled its next-generation power solutions at the 9th edition of bauma CONEXPO India 2026, focusing on the genset, construction, and mining sectors. The company introduced the QSK60 powered G34 and G37 genset solutions, which expand its portfolio to better serve demanding applications like data centers and mission-critical infrastructure.
Alongside the new engine solutions, Cummins showcased a CPCB IV+ compliant 125 kVA generator set designed to meet India's evolving regulatory landscape. This move reinforces the company's commitment to delivering cleaner, high-performance products tailored specifically for the Indian market's infrastructure needs.
The event also highlighted Cummins' comprehensive lifecycle aftermarket offerings, including connected technologies like Vigilar and DATUM X, as well as fuel optimization and emissions management tools. These solutions are aimed at helping customers improve equipment uptime, enhance operational efficiency, and unlock long-term value across the product lifecycle.
🚀 Launched QSK60 powered G34/G37 gensets for demanding sectors.
🏗️ New high-performance units target data centers and mission-critical apps.
🌱 Showcased CPCB IV+ compliant 125 kVA generator set.
🔧 Demonstrated lifecycle support via Vigilar and DATUM X connected tech.
⚡ Highlighted Fuel Sure Kit, DGBLUE, and BESS for fuel/emissions optimization.
🚀 Cummins India launched QSK60 powered G34 and G37 genset solutions to expand its power portfolio for demanding sectors.
🏗️ The new gensets are specifically targeted at data centers and other mission-critical applications requiring high performance.
🌱 Cummins showcased a CPCB IV+ compliant 125 kVA generator set to align with India's evolving environmental regulations.
🔧 The company demonstrated its focus on lifecycle aftermarket support through connected technologies like Vigilar and DATUM X.
⚡ Solutions such as Fuel Sure Kit, DGBLUE, and BESS were highlighted to help customers optimize fuel usage and manage emissions.
💼 Cummins aims to improve customer uptime and operational efficiency through advanced energy solutions and equipment care.
Bullish Signals
Launched QSK60 powered G34 and G37 gensets in India.
Bullish Signals
Cummins India expanded its genset portfolio with the launch of QSK60 powered G34 and G37 solutions at a major industry event.
The company introduced CPCB IV+ compliant 125 kVA generator sets, demonstrating strong adherence to India's regulatory requirements.
Cummins showcased a robust aftermarket portfolio including connected technologies and fuel optimization kits to enhance customer value.
Cummins India reported a robust Q1 FY27 performance with revenue surging nearly 18% year-on-year to reach ₹3,426 crore. This strong top-line growth was driven by healthy sales momentum both sequentially and compared to the prior year, indicating sustained demand for the engine maker's products in the Indian market.
However, this revenue expansion failed to translate into proportional profit growth, as net margins contracted sharply during the quarter. The company's net profit margin fell significantly to 17.8% from 21.6% in the preceding quarter and down 300 basis points from the same period last year, resulting in a mere 0.9% increase in profit after tax.
Despite the immediate pressure on profitability, Cummins India maintains solid underlying financial health characterized by a debt-free balance sheet and high return ratios. The coming quarters will be critical to determine if the company can successfully reverse the margin squeeze and convert its impressive revenue growth back into stronger bottom-line performance.
📈 CMI revenue surged 17.9% YoY to ₹3,426 crore in Q1 FY27.
💰 PAT grew marginally 0.9% to ₹609.3 crore despite top-line expansion.
📉 Net profit margins contracted sharply to 17.8%, down 300 bps.
🛡️ CMI maintains debt-free status with strong return ratios supporting operations.
🔮 Future quarters critical to address cost pressures and restore profitability.
📈 Cummins India achieved a powerful Q1 FY27 revenue surge of 17.9% year-on-year, climbing to ₹3,426 crore.
💰 Profit after tax grew only marginally by 0.9% to ₹609.3 crore despite the significant top-line expansion.
📉 Net profit margins contracted sharply to 17.8%, down 300 basis points from Q1 FY26 and a drop of nearly 4 percentage points from Q4 FY26.
💸 The divergence between revenue and profit highlights a significant margin squeeze affecting the company's bottom line.
🛡️ Cummins India remains financially resilient with a debt-free status and high return ratios supporting its operations.
🔮 Future quarters are crucial for the company to address cost pressures and restore profitability growth.
Bullish Signals
Cummins India revenue jumped 18% YoY to ₹3,426 crore in Q1 FY27.
Company maintains debt-free balance sheet with high return ratios.
Risk Factors
Net profit margins contracted sharply to 17.8% in Q1 FY27.
Profitability lagged revenue growth with only 0.9% PAT rise vs 18% sales surge.
Bullish Signals
Cummins India demonstrated strong sales momentum with revenue jumping nearly 18% year-on-year to ₹3,426 crore in Q1 FY27.
The company maintains a solid underlying financial health profile supported by a debt-free balance sheet and high return ratios.
Risk Factors
Net profit margins contracted sharply to 17.8% in Q1 FY27, representing a significant decline of 300 basis points from the previous year.
Profitability failed to keep pace with revenue growth, as profit after tax increased by only 0.9% despite an 18% surge in sales.
Cummins Inc. stock remains stable as investors evaluate the company's recent quarterly earnings and its consistent dividend policy. The engine manufacturer reported several billion dollars in revenue for the second quarter of 2026, driven by increased demand for heavy-duty engines and power systems in key global regions. This revenue growth was accompanied by solid operating profitability, with net income and earnings per share rising year-over-year, demonstrating business resilience amidst fluctuating freight and construction activity.
The company's margin performance benefited from disciplined pricing and effective cost management, which helped offset input cost pressures and a gradually improving supply chain situation. Notably, the year-over-year improvement in earnings per share outpaced revenue growth, highlighting that operating leverage remains a key driver for shareholder returns. Cummins continues to signal confidence through its dividend payments, maintaining or modestly increasing the per-share amount while retaining sufficient cash flow for reinvestment in product development and capacity expansion.
Analysts generally view Cummins as a high-quality cyclical stock with reasonable valuation multiples that reflect its earnings track record and exposure to industrial cycles. While the current share price sits within its 52-week trading range, suggesting neither extreme optimism nor pessimism, investors remain cautious about potential slowdowns in key regions if industrial activity moderates. The primary investment case rests on continued mid-single- to low-double-digit revenue growth and stable margins over the next 12 to 18 months.
Key risks for Cummins include the inherent cyclicality of demand for heavy-duty trucks and industrial equipment, as well as regulatory changes regarding emissions standards. If freight demand weakens or construction slows, order intake could soften, placing pressure on revenue growth and capacity utilization. Additionally, the shift toward battery-electric and hydrogen-based powertrains may require accelerated investment in cleaner technologies, influencing the timing and magnitude of returns on existing investments in combustion engine platforms.
📈 Q2 2026 revenue surged with higher heavy-duty engine demand.
💰 Net income and EPS rose, showing business resilience.
🛡️ Pricing discipline offset input cost pressures and supply issues.
🔭 Analysts expect mid-single-digit to low-double-digit revenue growth for 12-18 months.
⚠️ Risks include truck demand cyclicality and emissions regulation costs.
📈 Cummins Inc. generated several billion dollars in revenue in Q2 2026 with a clear year-over-year increase reflecting higher demand for heavy-duty engines.
💰 Net income and earnings per share rose compared to the same period a year earlier, underscoring business resilience in fluctuating markets.
🛡️ Margin performance was supported by pricing discipline and cost management, helping offset input cost pressures and supply chain challenges.
📉 Earnings per share growth outpaced revenue growth, illustrating that operating leverage remains a key driver for shareholder returns.
💵 The company declared and paid a quarterly cash dividend in 2026, maintaining or modestly increasing the per-share amount compared to the prior year.
🔭 Analysts assume continued mid-single- to low-double-digit revenue growth over the next 12 to 18 months with stable margins.
⚠️ Principal risk factors include the cyclicality of demand for heavy-duty trucks and potential slowdowns in industrial activity.
🌍 Regulatory changes regarding emissions standards could require accelerated investment in cleaner technologies and alter the competitive landscape.
🔋 The company has invested in low-emission and alternative power platforms to sustain competitiveness as battery-electric solutions gain traction.
📊 Cummins Inc. stock is trading within its 52-week range, reflecting a middle-ground valuation that leaves room for future upside or downside.
Paid quarterly dividend in 2026 with consistent yield.
Risk Factors
Demand cyclicality risks softening if freight slows.
Emissions regulations may require accelerated tech investment.
Regulatory changes impact returns on combustion engines.
Bullish Signals
Cummins Inc. generated several billion dollars of revenue in Q2 2026 with a clear year-over-year increase, reflecting higher demand for heavy-duty engines and power systems.
Net income and earnings per share increased compared to the same period a year earlier, underscoring the resilience of the business model.
Margin performance was supported by pricing discipline and cost management, helping offset input cost pressures and an improving supply chain situation.
The improvement in earnings per share outpaced revenue growth, illustrating that operating leverage remains a key driver for shareholder returns.
Cummins Inc. declared and paid a quarterly cash dividend in 2026, maintaining or modestly increasing the per-share amount to offer shareholders a consistent income stream.
Analysts generally emphasize solid earnings execution and dividend support, with price targets assuming continued mid-single- to low-double-digit revenue growth over the next 12 to 18 months.
Risk Factors
A principal risk factor remains the cyclicality of demand for heavy-duty trucks, buses, and industrial equipment, which could soften if freight or construction activity slows.
Stringent future regulations in key markets regarding emissions standards could require accelerated investment in cleaner technologies, potentially altering the competitive landscape.
The pace and shape of regulatory change related to diesel and alternative powertrains will influence the timing and magnitude of returns on investments in combustion engine platforms.
Raiffeisen Bank International AG significantly increased its stake in Cummins Inc. (NYSE: CMI) by 55.1% during the second quarter, purchasing an additional 16,623 shares to hold a total of 46,817 shares valued at approximately $32.4 million. This move reflects growing institutional interest, as hedge funds and other institutional investors collectively own 83.46% of the company's outstanding stock.
Cummins reported quarterly revenue of $9.46 billion, representing a 9.4% year-over-year increase that exceeded analyst expectations of $9.33 billion. However, the company missed earnings per share estimates, reporting $6.73 compared to the consensus of $7.21. Despite the miss in EPS, the business demonstrated strong operational performance with a return on equity of 25.29% and a net margin of 7.82%.
The company announced an increase in its quarterly dividend to $2.20 per share, raising the annualized yield to 1.6%. Wall Street analysts maintain a 'Moderate Buy' consensus with an average price target of $764.54. Several major firms, including Citigroup and Argus, recently raised their price targets and maintained buy ratings, while Morgan Stanley upgraded its rating to 'overweight', indicating continued confidence in the stock's long-term prospects.
💰 Revenue hit $9.46B, beating estimates despite missing EPS of $7.21.
📈 Stock trades at $750B market cap with 83.46% institutional ownership.
🎯 Analysts maintain 'Moderate Buy' rating with $764.54 average price target.
💵 Quarterly dividend raised to $2.20, yielding 1.6% annually.
🏭 Global power tech leader expanding electrified powertrain and diesel engine portfolio.
📈 Raiffeisen Bank International AG increased its Cummins stake by 55.1% in Q2, adding 16,623 shares to a total holding of 46,817 shares valued at $32.4 million.
💰 Cummins reported quarterly revenue of $9.46 billion, up 9.4% year over year, surpassing analyst expectations of $9.33 billion.
📉 The company missed earnings per share estimates, reporting $6.73 against a consensus of $7.21.
💵 Cummins raised its quarterly dividend to $2.20 per share, resulting in an annualized yield of 1.6% and a payout ratio of 44.97%.
📊 Institutional ownership stands at 83.46%, with other investors like Persistent Asset Partners and Elevation Wealth Partners also increasing their stakes.
🎯 Analyst consensus remains 'Moderate Buy' with an average price target of $764.54, supported by recent upgrades from Citigroup, Argus, and Morgan Stanley.
📈 Cummins has a market capitalization of $75.09 billion and a P/E ratio of 27.87, trading above its 50-day moving average of $634.80.
🏭 The company operates as a global power technology provider with a diverse portfolio including diesel engines, electrified powertrains, and power generation systems.
Bullish Signals
Raiffeisen Bank increased stake to 46,817 shares valued at $32.4 million.
Revenue grew 9.4% YoY to $9.46 billion, beating expectations.
Dividend raised to $2.20/share with 1.6% annualized yield.
Institutional ownership strong at 83.46% with position increases.
Analysts rate 'Moderate Buy' with $764.54 price target.
Risk Factors
EPS missed estimates at $6.73 vs $7.21 consensus.
VP Newsome sold 698 shares, reducing stake to 4,479.
Bullish Signals
Raiffeisen Bank International AG increased its stake by 55.1% in Q2, adding 16,623 shares to a total holding of 46,817 shares valued at $32.4 million.
Cummins reported quarterly revenue of $9.46 billion, up 9.4% year over year, exceeding analyst expectations of $9.33 billion.
The company raised its quarterly dividend to $2.20 per share, increasing the annualized yield to 1.6% and demonstrating commitment to shareholder returns.
Institutional ownership remains strong at 83.46%, with multiple investors including Persistent Asset Partners and Elevation Wealth Partners increasing their positions.
Analyst consensus is 'Moderate Buy' with an average price target of $764.54, supported by recent upgrades from Citigroup, Argus, and Morgan Stanley.
Cummins achieved a return on equity of 25.29% and a net margin of 7.82%, indicating robust operational efficiency despite the EPS miss.
Risk Factors
Cummins missed earnings per share estimates, reporting $6.73 against a consensus of $7.21, highlighting a gap between revenue growth and profitability expectations.
VP Earl Newsome sold 698 shares in a transaction valued at $399,409.56, reducing his ownership by 13.48% to 4,479 shares.
Raiffeisen Bank International AG significantly increased its stake in Cummins Inc. (CMI) by 55.1% during the second quarter, purchasing an additional 16,623 shares to hold a total of 46,817 shares valued at approximately $32.4 million. This move reflects growing institutional interest, as hedge funds and other institutional investors collectively own 83.46% of the company's outstanding stock.
Cummins reported quarterly revenue of $9.46 billion, representing a 9.4% year-over-year increase that exceeded analyst expectations of $9.33 billion. However, the company missed earnings per share estimates, reporting $6.73 compared to the consensus of $7.21. Despite the miss in profitability metrics, the strong revenue growth and robust balance sheet indicators suggest continued operational resilience.
The company announced a quarterly dividend increase to $2.20 per share, raising the annualized yield to 8.80% with a payout ratio of 44.97%. Wall Street analysts maintain a 'Moderate Buy' consensus rating with an average price target of $764.54, though individual targets vary significantly among major firms like Citigroup and Truist Financial.
📈 Raiffeisen Bank increased CMI stake by 55.1% to 46,817 shares worth $32.4M.
💰 CMI revenue rose 9.4% YoY to $9.46B, beating expectations.
📉 EPS of $6.73 missed consensus estimates by $0.48.
💵 Quarterly dividend raised to $2.20 per share for a 1.6% yield.
🎯 Analysts maintain 'Moderate Buy' with average price target of $764.54.
📈 Raiffeisen Bank International AG raised its Cummins stake by 55.1% in Q2 to 46,817 shares worth $32.4 million.
💰 Cummins reported quarterly revenue of $9.46 billion, up 9.4% year over year and above expectations.
📉 Earnings per share of $6.73 missed consensus estimates of $7.21 by $0.48.
💵 The company raised its quarterly dividend to $2.20 per share, representing a 1.6% yield.
🎯 Analysts maintain a 'Moderate Buy' consensus with an average price target of $764.54.
📊 Institutional ownership stands at 83.46%, indicating strong confidence from major investors.
🏦 Citigroup raised its price target to $790.00 and maintained a 'buy' rating on the stock.
📉 VP Earl Newsome sold 698 shares in a transaction valued at approximately $399,410.
Bullish Signals
Raiffeisen stake rose 55.1% to $32.4M shares.
Revenue hit $9.46B, beating estimates by 1.37%.
Dividend raised to $2.20 with 8.80% yield.
Strong balance sheet: quick ratio 1.13, low debt.
Citigroup raised target to $790 and kept 'buy'.
Risk Factors
EPS missed estimates at $6.73 vs $7.21 consensus.
VP Newsome sold $399k shares, cutting stake 13.48%.
Bullish Signals
Raiffeisen Bank International AG increased its stake by 55.1% to 46,817 shares worth $32.4 million, signaling strong institutional confidence.
Cummins reported quarterly revenue of $9.46 billion, a 9.4% year-over-year increase that beat analyst expectations of $9.33 billion.
The company raised its quarterly dividend to $2.20 per share, increasing the annualized yield to 8.80% with a sustainable payout ratio of 44.97%.
Strong balance sheet metrics include a quick ratio of 1.13, current ratio of 1.73, and low debt-to-equity ratio of 0.48.
Citigroup raised its price target from $770.00 to $790.00 and reaffirmed a 'buy' rating on the stock.
Risk Factors
Cummins missed quarterly earnings per share estimates, reporting $6.73 against a consensus of $7.21.
VP Earl Newsome sold 698 shares worth approximately $399,410, reducing his personal ownership by 13.48%.
Cummins Inc. (CMI) has secured a significant contract for its Power Generation business to supply battery energy storage systems (BESS) for a large U.S. data center project designed to manage AI-driven power demand. This win highlights the company's expanding role in the critical infrastructure supporting the artificial intelligence sector, diversifying its revenue streams beyond traditional applications.
Despite this positive development and a strong one-year total shareholder return of 50.54%, Cummins' share price has recently pulled back, with returns down 8.34% over seven days and 11.58% over thirty days. Analysts suggest the stock may be undervalued, with a widely followed fair value narrative placing the target price near $748.81 compared to a recent closing price of approximately $587.68.
The company is benefiting from steady growth in demand for power generation equipment driven by urbanization and digital infrastructure expansion, which supports higher EBITDA margins and offsets softness in the traditional truck market. However, investors must remain cautious regarding weaker North American truck demand and ongoing regulatory and tariff uncertainties that could pressure future revenue and margins.
🔋 CMI wins AI data center battery storage contract.
📉 Stock down 11.58% in 30 days despite strong TSR.
💰 Analysts see $748.81 fair value vs $587.68 price.
📈 Data center demand boosts revenue and EBITDA margins.
⚠️ Truck weakness and tariffs threaten growth and margins.
🔋 Cummins' Power Generation business won a contract to supply battery energy storage systems for a major U.S. data center project focused on AI power management.
📉 The stock has recently underperformed with a 7-day return of -8.34% and a 30-day return of -11.58%, despite a strong 50.54% one-year total shareholder return.
💰 Analysts estimate Cummins is undervalued, with a fair value narrative suggesting a price target near $748.81 versus a recent closing price of $587.68.
📈 Strong demand for power generation equipment from the data center sector is lifting revenue and supporting higher EBITDA margins.
🚛 Growth in the power business is helping offset softness in Cummins' traditional truck engine markets.
⚠️ Investors face risks from weaker North American truck demand which could impact overall revenue growth.
🏛️ Ongoing regulatory and tariff uncertainties pose potential threats to margins and the broader valuation narrative.
Bullish Signals
Cummins secured a new contract for its Power Generation business to supply battery energy storage systems for a large U.S. data center project.
The company is experiencing strong, steadily growing demand for power generation equipment specifically from the data center sector.
Diversification into AI-related power solutions is lifting revenue and supporting higher EBITDA margins to offset softness in truck markets.
The stock has delivered a 50.54% total shareholder return over the past year, indicating strong long-term momentum.
Risk Factors
Cummins faces risks from weaker demand in the North American truck market which could impact overall revenue.
Ongoing regulatory and tariff uncertainties could pressure future revenue streams and profit margins.
Cummins Inc. (NYSE: CMI) received an analyst upgrade to 'outperform' from Wolfe Research with a $480 price target. Analyst Scott Group noted that while engine results face pressure due to a weak Class 8 truck market, the company is delivering structurally higher margins and earnings. The stock currently trades at approximately a 15% discount relative to select multi-industrial peers.
Cummins shares rose 1.2% following the upgrade announcement. This positive reaction occurred within a broader market context where the S&P 500 ETF (VOO) saw mixed performance, inching higher amid new China trade war news and other sector-specific analyst moves involving Adobe and Airbnb.
📈 Wolfe Research upgraded Cummins to 'outperform' with $480 target.
💰 Analysts see higher margins despite weak Class 8 truck market.
📉 Stock trades at ~15% discount vs multi-industrial competitors.
🚀 Shares gained 1.2% immediately after the analyst upgrade.
⚠️ Engine results pressured by continued Class 8 sector weakness.
📈 Wolfe Research upgraded Cummins to 'outperform' with a $480 price target.
💰 Analysts highlight structurally higher margins and earnings despite weak Class 8 truck market pressure.
📉 Stock trades at a ~15% discount relative to select multi-industrial competitors.
🚀 Cummins stock gained 1.2% immediately following the analyst upgrade.
⚠️ Engine results remain pressured due to continued weakness in the Class 8 truck sector.
Bullish Signals
Upgraded to 'outperform' with $480 price target.
Delivering structurally higher margins and earnings.
Trades at 15% discount to peers.
Shares rose 1.2% on upgrade news.
Risk Factors
Engine results pressured by weak Class 8 truck market.
New initiatives face headwinds from heavy-duty trucking downturn.
Bullish Signals
Wolfe Research upgraded Cummins to 'outperform' with a $480 price target, signaling strong institutional confidence.
The company is delivering structurally higher margins and earnings despite headwinds in the heavy-duty trucking sector.
Cummins stock trades at a 15% discount relative to select multi-industrial peers, suggesting potential undervaluation.
Shares rose 1.2% on the news of the analyst upgrade.
Risk Factors
Engine results remain pressured due to a continued weak Class 8 truck market.
New initiatives or specific product lines may face headwinds from the broader downturn in heavy-duty trucking demand.
First Trust Advisors LP significantly reduced its stake in Cummins Inc. (NYSE: CMI) by 74.0% during the first quarter, selling over 401,000 shares and retaining a position valued at approximately $76 million. This move was part of broader institutional activity where other funds like Juno Financial Group, Truist Financial Corp, and Smith Salley Wealth Management increased their holdings in the fourth quarter, with some seeing massive percentage gains in their positions.
The article details Cummins' current financial metrics, noting a market capitalization of $91.62 billion and a price-to-earnings ratio of 34.46. The stock recently opened at $663.96, trading between a 12-month low of $354.68 and a high of $737.76. The company maintains a healthy balance sheet with a debt-to-equity ratio of 0.50 and has declared a quarterly dividend of $2.20 per share, payable on September 3rd to stockholders of record by August 21st.
Insider trading activity shows recent sales by executive vice president Bonnie J. Fetch and vice president Nathan R. Stoner in May, with insiders collectively selling shares worth over $9 million in the last ninety days. Analyst sentiment remains mixed but generally positive, with Truist Financial raising its price target to $901 and Barclays increasing theirs to $760, while Zacks Research downgraded the stock from a strong-buy to a hold rating.
Cummins continues to operate as a global leader in power technology, designing and manufacturing diesel and natural gas engines for on-highway and off-highway applications. The company's product portfolio includes generator sets, electrified powertrains, and related components aimed at reducing emissions and improving fuel efficiency, solidifying its position in the commercial and industrial markets.
📉 First Trust Advisors LP cut stake by 74% to $76M value.
💰 Quarterly dividend raised to $2.20 with 1.3% yield.
📊 Market cap stands at $91.62B with PE ratio of 34.46.
👔 Insiders sold 13,579 shares worth $9.38M in last 90 days.
📉 Zacks Research downgraded stock from strong-buy to hold rating.
📉 First Trust Advisors LP decreased its stake in Cummins by 74.0% in Q1, selling 401,465 shares while retaining 141,331 shares valued at $76 million.
📈 Juno Financial Group acquired a new stake worth $883,000, and Truist Financial Corp raised its holdings by 4.8% in the fourth quarter.
💰 Cummins declared a quarterly dividend of $2.20 per share, representing an increase from the previous $2.00 payout with a yield of 1.3%.
📊 The company has a market capitalization of $91.62 billion and trades at a PE ratio of 34.46 with a debt-to-equity ratio of 0.50.
👔 EVP Bonnie J. Fetch sold 652 shares worth $456,523.88 in May, while VP Nathan R. Stoner sold 607 shares worth $421,294.42.
📉 Zacks Research downgraded Cummins from a 'strong-buy' to a 'hold' rating on July 13th.
🔼 Truist Financial raised its price target from $815.00 to $901.00 and maintained a 'buy' rating in a report dated July 2nd.
📈 Barclays increased its price target from $610.00 to $760.00 and assigned an 'overweight' rating on May 6th.
🏭 Cummins manufactures diesel and natural gas engines for heavy, medium, and light-duty applications across commercial and industrial sectors.
📉 Insiders sold a total of 13,579 shares worth $9.38 million over the last ninety days.
Bullish Signals
Truist raised target to $901.00 and reaffirmed buy.
Barclays upgraded to overweight with $760.00 price target.
JPMorgan lifted objective from $600.00 to $725.00.
Dividend increased to $2.20, boosting yield to 1.3%.
Institutional ownership at 83.46% with funds increasing stakes.
Risk Factors
Zacks Research downgraded Cummins from strong-buy to hold.
Weiss Ratings lowered rating from buy (b) to buy (b-).
Cummins Inc. (CMI), a global power technology company with a $45 billion market cap, has recently underperformed the Nasdaq Composite despite its long-term dominance in diesel, natural gas, and electric engine solutions. While the stock surged 19.7% over the past 52 weeks, it has dipped 15.7% from its December 2024 high of $387.90 and declined 6.2% year-to-date, trailing the Nasdaq's gains during that period.
The company reported better-than-expected Q1 earnings with revenue of $8.2 billion, which beat Wall Street estimates despite a 2.7% decline driven by weaker international demand in Latin America and Asia-Pacific. Although earnings per share dropped significantly to $5.96 due to the prior-year comparison, the top-line beat was supported by strong sales in China and record performance in its power systems segment.
Technically, CMI has traded below its 200-day moving average since mid-March but remains above its 50-day moving average. Analysts maintain a 'Moderate Buy' rating with a mean price target of $344.29, suggesting a potential upside of 5.3% from current levels, indicating moderate optimism for the stock's future prospects.
📉 Shares down 6.2% YTD but up 19.7% over 52 weeks.
💰 Q1 revenue hit $8.2B, beating estimates despite regional weakness.
🇨🇳 China sales and power systems segment drove strong performance.
💸 EPS fell 57.5% YoY yet still beat consensus by 23.7%.
👥 Analysts rate Moderate Buy with $344.29 price target.
📉 Cummins shares have declined 6.2% year-to-date and lagged the Nasdaq Composite's 2.1% rise over the same period.
📈 The stock has surged 19.7% over the past 52 weeks, outpacing the Nasdaq's 14.7% gain during that timeframe.
💰 Q1 revenue reached $8.2 billion, beating Wall Street expectations despite a 2.7% sequential decline.
🌍 Revenue weakness was primarily driven by weaker international demand in Latin America and the Asia-Pacific region.
🇨🇳 Strong sales in China and record performance in the power systems segment helped offset global negatives.
💸 Earnings per share fell 57.5% year-over-year to $5.96 but still surpassed consensus estimates by 23.7%.
📊 The stock has traded below its 200-day moving average since mid-March but remains above the 50-day moving average.
👥 Analysts maintain a 'Moderate Buy' rating with a mean price target of $344.29, implying 5.3% upside.
🏭 Cummins is classified as a large-cap stock with a market capitalization exceeding $45 billion.
Bullish Signals
Q1 revenue of $8.2 billion beat expectations.
Record power systems segment performance.
Strong China sales offset weaker international demand.
Analysts rate 'Moderate Buy' with $344.29 target.
Stock gained 19.7% vs Nasdaq's 14.7%.
Risk Factors
Revenue declined 2.7% year-over-year in Q1.
Earnings per share dropped 57.5%.
Stock underperformed Nasdaq with 6.2% decline.
Shares dipped 15.7% from $387.90 high.
Bullish Signals
Cummins delivered Q1 revenue of $8.2 billion that beat Wall Street expectations despite a year-over-year decline.
The company achieved record performance in its power systems segment, contributing positively to top-line results.
Strong sales growth in China helped offset weaker demand in other international regions like Latin America.
Analysts maintain a consensus 'Moderate Buy' rating with a mean price target of $344.29, suggesting 5.3% upside potential.
The stock has outperformed the Nasdaq Composite over the past 52 weeks with a 19.7% gain versus 14.7%.
Risk Factors
Cummins revenue declined 2.7% year-over-year in Q1, primarily due to weaker international demand.
Earnings per share dropped significantly by 57.5% compared to the prior-year quarter.
The stock has underperformed the Nasdaq Composite on a year-to-date basis with a 6.2% decline versus a 2.1% rise.
Cummins shares have dipped 15.7% from their 52-week high of $387.90 reached in December 2024.
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 at $3.4 million. Other notable institutional activity includes Juno Financial Group purchasing a new stake worth approximately $883,000, Truist Financial raising holdings by 4.8% to own 64,005 shares, and Westfield Capital Management acquiring a new position valued at $7.8 million.
Analyst sentiment remains broadly positive with multiple major firms maintaining or upgrading their ratings and price targets for the stock. Citigroup raised its price objective from $770 to $790 and reaffirmed a 'buy' rating, while Raymond James Financial increased its target from $675 to $745. The consensus average target price stands at $740.07 with 11 analysts rating the stock as a Buy and four as Hold. The company recently declared a quarterly dividend of $2.20 per share, payable on September 3rd to shareholders of record on August 21st.
Despite bullish institutional and analyst activity, insider selling has occurred recently involving senior executives. CAO Nicole Lamb-Hale sold 2,408 shares at an average price of $685.34, while VP Marvin Boakye sold 3,481 shares at $679.90 on May 8th. Over the last ninety days, insiders have collectively sold 13,579 shares valued at approximately $9.4 million, though they still retain a small ownership percentage of 0.30%. Financial metrics show a market cap of $91.72 billion and a P/E ratio of 34.49, with the stock trading near its 50-day moving average.
📈 ABN Amro increased stake by 13.5% to hold 6,336 shares valued at $3.4 million.
🏦 Juno Financial bought $883k stake; Truist raised position by 4.8% to 64,005 shares.
💰 Westfield and Comprehensive established stakes worth $7.8M and $3.7M respectively in Q4.
📊 Citigroup raised target price to $790 with 'buy' rating; Raymond James set $745.
💵 Quarterly dividend of $2.20 per share represents a 10% increase from previous quarter.
📈 ABN Amro Investment Solutions increased its stake in Cummins by 13.5% in Q1, adding 756 shares to a total holding of 6,336 shares valued at $3.4 million.
🏦 Juno Financial Group purchased a new stake worth approximately $883,000 in the fourth quarter, while Truist Financial raised its position by 4.8% to own 64,005 shares.
💰 Westfield Capital Management Co. LP and Comprehensive Financial Consultants Institutional Inc. established or significantly boosted new stakes valued at $7.8 million and $3.7 million respectively in Q4.
📊 Citigroup lifted its price objective on Cummins from $770 to $790 and maintained a 'buy' rating in a report released on July 14th.
🎯 Raymond James Financial raised its target price from $675 to $745 and issued an 'outperform' rating, contributing to a consensus average target of $740.07.
💵 Cummins declared a quarterly dividend of $2.20 per share, representing a 10% increase from the previous quarter and an annualized yield of 1.3%.
📉 CAO Nicole Lamb-Hale sold 2,408 shares for approximately $1.65 million on May 8th, reducing her ownership by 14.60% to 14,084 shares.
📉 VP Marvin Boakye sold 3,481 shares for approximately $2.37 million on May 8th, resulting in a 29.03% decrease in his personal stock ownership.
📈 Insiders have collectively sold 13,579 shares valued at $9.4 million over the last ninety days, though they still own 0.30% of the company's total stock.
🏗️ The company maintains a healthy balance sheet with a debt-to-equity ratio of 0.50 and a current ratio of 1.71 as of the latest reporting period.
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.
Risk Factors
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%.
Bullish Signals
ABN Amro Investment Solutions increased its stake by 13.5% in Q1, adding 756 shares to a total holding of 6,336 shares valued at $3.4 million.
Juno Financial Group purchased a new stake worth approximately $883,000 in the fourth quarter, while Truist Financial raised its position by 4.8% to own 64,005 shares.
Westfield Capital Management Co. LP and Comprehensive Financial Consultants Institutional Inc. established or significantly boosted new stakes valued at $7.8 million and $3.7 million respectively in Q4.
Citigroup lifted its price objective on Cummins from $770 to $790 and maintained a 'buy' rating in a report released on July 14th.
Raymond James Financial raised its target price from $675 to $745 and issued an 'outperform' rating, contributing to a consensus average target of $740.07.
Cummins declared a quarterly dividend of $2.20 per share, representing a 10% increase from the previous quarter and an annualized yield of 1.3%.
Risk Factors
CAO Nicole Lamb-Hale sold 2,408 shares for approximately $1.65 million on May 8th, reducing her ownership by 14.60% to 14,084 shares.
VP Marvin Boakye sold 3,481 shares for approximately $2.37 million on May 8th, resulting in a 29.03% decrease in his personal stock ownership.
Morgan Stanley has raised its price target for Cummins (NYSE: CMI) to $761.00 from $752.00, maintaining an 'overweight' rating and projecting a potential 17.5% upside. This bullish move contrasts with mixed signals from other analysts; Zacks Research downgraded the stock to a 'hold', while Argus and JPMorgan Chase raised their price targets to $770.00 and $725.00 respectively, though JPMorgan kept a 'neutral' rating. The consensus average price target stands at $740.07 based on data from MarketBeat.com.
Cummins recently reported strong quarterly earnings for the period ending April 3rd, beating analyst expectations with EPS of $6.15 versus a consensus of $5.63. Revenue reached $8.40 billion, slightly exceeding the $8.37 billion forecast and representing a 2.7% year-over-year increase. The company demonstrated robust financial health with a return on equity of 25.25% and a net margin of 7.89%, while analysts project full-year EPS of $29.34 for the current fiscal year.
Insider trading activity shows mixed signals, with Vice Presidents Jennifer Mary Bush and Marvin Boakye selling significant portions of their holdings in May, totaling over $9.3 million in transactions. However, institutional investors have been net buyers during the fourth quarter, with major funds like Vanguard Group, State Street Corp, and Geode Capital Management increasing their stakes. Notably, Northwestern Mutual Wealth Management Co. saw a massive 10,317.7% increase in its reported holdings, though it remains a small percentage of total shares outstanding.
📈 Morgan Stanley raised target to $761 with 17.5% upside.
💰 Argus set $770 target; JPMorgan lifted target to $725.
📊 Cummins beat Q1 earnings with $6.15 EPS and $8.4B revenue.
🏆 Company achieved 25.25% ROE and 7.89% net margin.
🔒 Institutional investors own 83.46% of the company's stock.
📈 Morgan Stanley raised Cummins price target to $761.00 with an 'overweight' rating and 17.5% upside potential.
📉 Zacks Research downgraded the stock from 'strong-buy' to 'hold', creating analyst divergence.
💰 Argus raised its price target to $770.00 and JPMorgan Chase lifted its target to $725.00.
📊 Cummins beat Q1 earnings estimates with $6.15 EPS compared to the $5.63 consensus.
Zacks Research has lowered its full-year 2027 earnings per share (EPS) estimate for Cummins Inc. to $33.53, down from a previous forecast of $33.76, while maintaining a 'Hold' rating on the stock. The analyst team also provided specific forecasts for upcoming quarters in fiscal year 2028, projecting Q4 2027 EPS at $9.03 and full-year 2028 EPS at $39.29.
Cummins recently reported strong quarterly results with an EPS of $6.15, which exceeded the consensus estimate of $5.63 by $0.52. The company generated revenue of $8.40 billion, a 2.7% increase year-over-year, and achieved a net margin of 7.89% with a return on equity of 25.25%. These figures indicate solid operational performance despite the analyst downgrade for future years.
The stock is currently trading around $647.67 with a market capitalization of $89.37 billion and a P/E ratio of 33.61. Institutional ownership stands at 83.46%, while insiders have sold shares worth over $9.3 million in the last 90 days. Additionally, Cummins announced an increase in its quarterly dividend to $2.20 per share, payable on September 3rd.
📉 Zacks Research lowered FY2027 EPS estimates to $33.53, maintaining 'Hold' rating.
📈 Q1 earnings beat expectations at $6.15 per share.
💰 Quarterly revenue reached $8.4 billion, up 2.7% year-over-year.
📊 Net margin hit 7.89% with ROE of 25.25%.
🏦 Institutional investors own 83.46% of outstanding shares.
📉 Zacks Research lowered FY2027 EPS estimates for Cummins from $33.76 to $33.53 while maintaining a 'Hold' rating.
📈 The company reported Q1 earnings of $6.15 per share, beating analyst expectations of $5.63 by $0.52.
💰 Cummins generated $8.40 billion in quarterly revenue, representing a 2.7% year-over-year increase.
📊 The firm achieved a net margin of 7.89% and a return on equity of 25.25% during the reported quarter.
🏦 Institutional investors hold 83.46% of the company's outstanding shares as of the latest filing.
💸 Insiders sold $9.37 million worth of stock over the last 90 days, including sales by VP Donald G. Jackson and CAO Nicole Lamb-Hale.
📅 Cummins raised its quarterly dividend to $2.20 per share, resulting in an annualized yield of 1.4%.
📉 The stock trades at a P/E ratio of 33.61 with a market cap of $89.37 billion.
Bullish Signals
Beat EPS expectations with $6.15 vs $5.63 consensus.
Revenue grew 2.7% YoY to reach $8.40 billion.
Maintains healthy ROE of 25.25% and net margin of 7.89%.
Increased quarterly dividend from $2.00 to $2.20 per share.
Risk Factors
Zacks lowered 2027 EPS forecast to $33.53.
Insiders sold 13,579 shares worth $9.37M.
Bullish Signals
Cummins beat quarterly earnings expectations significantly, posting $6.15 EPS versus the consensus of $5.63.
Revenue grew by 2.7% year-over-year to reach $8.40 billion in the most recent quarter.
The company maintains a healthy return on equity of 25.25% and a net margin of 7.89%.
Cummins increased its quarterly dividend from $2.00 to $2.20 per share, signaling confidence in cash flow generation.
Risk Factors
Zacks Research analysts lowered their full-year 2027 EPS forecast to $33.53, indicating a slight reduction in expected growth.
Insiders have sold a total of 13,579 shares worth $9.37 million over the last 90 days.
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 secular growth in power, data centers, aerospace, defense, and infrastructure.
Recent analyst activity highlights significant bullish momentum for Cummins. Wells Fargo raised its price target to $874 on June 17, citing a behind-the-meter prime power award with Circe Energy for West Texas HPC data centers using Cummins' 78L and 60L products, arriving over a year ahead of schedule. Additionally, UBS upgraded Cummins to Buy from Neutral in early June with a target of $850, driven by an improving truck market and double-digit growth in the power business.
Analysts believe consensus estimates undervalue Cummins' potential upside, particularly regarding its expanding power segment and a supportive truck cycle. The company offers various global power solutions, and the convergence of data center demand and traditional industrial sectors is creating a positive setup for upcoming earnings reports across the machinery and infrastructure groups.
📈 Truist raised target to $901 on July 2, 2026.
🚀 Wells Fargo set $874 target citing Circe Energy award.
⚡ UBS upgraded to Buy with $850 target in early June.
🏗️ Strong demand driven by power, data center, and aerospace sectors.
💡 Analysts see upside potential from expanding power segment.
📈 Truist raised its price target on Cummins (CMI) to $901 from $815 on July 2, 2026, maintaining a Buy rating.
🚀 Wells Fargo increased its target to $874 on June 17, citing an early prime power award with Circe Energy for West Texas data centers.
⚡ UBS upgraded Cummins to Buy from Neutral in early June with a $850 target, highlighting double-digit growth in the power business.
🏗️ Strong demand trends are supported by secular tailwinds in power, data center, aerospace, defense, and infrastructure sectors.
🚛 The truck market outlook is improving, contributing to positive analyst sentiment for the company's core operations.
💡 Analysts note that consensus estimates underappreciate Cummins' potential upside from its expanding power segment.
📅 Cummins is delivering new engines with more content, aligning with broader industry rollout strategies.
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.
Bullish Signals
Truist raised the price target on CMI to $901, reflecting a positive setup for Q2 earnings driven by strong demand trends.
Wells Fargo identified a behind-the-meter prime power award with Circe Energy as a key catalyst, noting delivery is over a year earlier than expected.
UBS upgraded the stock to Buy citing double-digit growth in Cummins' power business and an improving truck market cycle.
Analysts believe consensus estimates undervalue the potential upside from Cummins' power segment and supportive truck outlook.
Secular growth tailwinds in data centers, aerospace, defense, and infrastructure are providing a robust foundation for future revenue.
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 secular growth in power, data centers, aerospace, defense, and infrastructure.
Recent analyst activity highlights significant bullish momentum for Cummins. Wells Fargo raised its price target to $874 on June 17, citing a behind-the-meter prime power award with Circe Energy for West Texas HPC data centers using Cummins' 78L and 60L products, arriving over a year ahead of schedule. Additionally, UBS upgraded Cummins to Buy from Neutral in early June with a target of $850, driven by an improving truck market and double-digit growth in the power business.
Analysts believe consensus estimates undervalue Cummins' potential upside, particularly regarding its expanding power segment and a supportive truck cycle. The company offers various global power solutions, and the convergence of these factors suggests a positive setup for upcoming earnings reports across the sector as demand remains robust.
📈 Truist raised price target to $901 on July 2, 2026.
🚀 Wells Fargo set $874 target citing Circe Energy award.
⚡ UBS upgraded to Buy with $850 target in June.
🏗️ Strong demand driven by power, data center, and aerospace sectors.
💡 Analysts see underappreciated upside from Cummins' power segment growth.
📈 Truist raised Cummins price target to $901 from $815 on July 2, 2026, maintaining a Buy rating.
🚀 Wells Fargo increased its target to $874 on June 17, citing an early prime power award with Circe Energy for West Texas data centers.
⚡ UBS upgraded Cummins to Buy from Neutral in June with a $850 target, highlighting double-digit growth in the power business.
🏗️ Strong demand trends are supported by secular tailwinds in power, data center, aerospace, defense, and infrastructure sectors.
🚛 The truck market outlook is improving, contributing to positive analyst sentiment for the company.
💡 Analysts note that consensus estimates underappreciate Cummins' potential upside from its power segment.
📅 Cummins secured a behind-the-meter prime power award with Circe Energy over a year earlier than expected.
🌍 Cummins offers various power solutions worldwide, diversifying its revenue streams across multiple industries.
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.
Bullish Signals
Truist raised the price target to $901 from $815 while keeping a Buy rating, indicating strong confidence in the stock's near-term prospects.
Wells Fargo increased its target to $874 and noted that a major prime power award with Circe Energy arrived over a year earlier than expected, signaling execution excellence.
UBS upgraded Cummins from Neutral to Buy with a price target of $850, driven by double-digit growth in the power business and an improving truck market.
Analysts highlight that consensus estimates underappreciate Cummins' potential upside, suggesting significant room for stock appreciation based on current fundamentals.
The company is benefiting from secular growth tailwinds across key sectors including power, data centers, aerospace, defense, and infrastructure.
Pictet Asset Management Holding SA increased its stake in Cummins Inc. (NYSE: CMI) by 11.9% during the first quarter, purchasing an additional 11,958 shares to bring its total holding to 112,055 shares valued at approximately $60.3 million. This move represents a significant accumulation of roughly 0.08% of the company's outstanding stock by the asset manager.
Cummins reported strong quarterly financial results that exceeded analyst expectations, posting earnings per share (EPS) of $6.15 against a consensus estimate of $5.63 and generating revenue of $8.40 billion versus an expected $8.37 billion. The company also declared a quarterly dividend of $2.00 per share, payable to investors of record on May 22nd.
Wall Street sentiment remains largely positive with a consensus rating of Moderate Buy and an average price target of $731.86. Several major firms recently upgraded or reiterated bullish ratings, including Zacks Research upgrading the stock to Strong Buy and Raymond James raising its target price to $745.00.
Despite the institutional buying, insider selling activity was noted in May as executives Jennifer Mary Bush and Bonnie J. Fetch sold shares totaling over $3.9 million combined. The company maintains a market capitalization of $95.28 billion with a debt-to-equity ratio of 0.50.
📈 Pictet increased Cummins holdings by 11.9% to $60.3 million.
💰 EPS beat estimates at $6.15 with revenue of $8.4 billion.
📊 Analysts rate Moderate Buy with a $731.86 price target.
💵 Quarterly dividend is $2.00 yielding 1.2% annually.
🏦 Institutional ownership stands at 83.46%.
📈 Pictet Asset Management increased its Cummins position by 11.9% in Q1, buying 11,958 shares for a total holding value of $60.3 million.
💰 Cummins reported quarterly EPS of $6.15, beating analyst estimates of $5.63, with revenue reaching $8.40 billion.
📊 Analyst consensus rating is Moderate Buy with an average price target of $731.86, supported by recent upgrades from Zacks and Raymond James.
💵 The company declared a quarterly dividend of $2.00 per share, resulting in an annualized yield of 1.2%.
📉 Insider selling occurred in May as VP Jennifer Mary Bush sold 5,000 shares and EVP Bonnie J. Fetch sold 652 shares.
🏦 Institutional ownership stands at 83.46%, with other funds like Thompson Investment and Activest Wealth adding new stakes.
📉 Cummins stock has a market cap of $95.28 billion, a P/E ratio of 35.83, and a beta of 1.24.
📅 The company reported revenue growth of 2.7% year-over-year compared to the same quarter in the previous year.
Bullish Signals
Pictet increased stake by 11.9%.
EPS beat at $6.15 vs $5.63 consensus.
Revenue reached $8.40 billion.
Analysts upgraded to Strong Buy with $745 target.
Debt-to-equity ratio of 0.50.
Dividend yield stands at 1.2%.
Risk Factors
Executives sold $3.9M in shares in May.
High P/E ratio of 35.83 vs market.
Bullish Signals
Pictet Asset Management significantly increased its stake by 11.9%, indicating strong institutional confidence in the company's long-term prospects.
Cummins beat earnings expectations with EPS of $6.15 versus the consensus of $5.63, demonstrating solid operational performance.
Revenue of $8.40 billion exceeded analyst forecasts of $8.37 billion, confirming robust demand for the company's power technology products.
Multiple major analysts recently upgraded or raised price targets, including Zacks Research moving to Strong Buy and Raymond James raising the target to $745.
The company maintains a healthy balance sheet with a debt-to-equity ratio of 0.50 and strong liquidity ratios of 1.11 (quick) and 1.71 (current).
Cummins continues to pay a consistent quarterly dividend, offering investors an annualized yield of 1.2%.
Risk Factors
Insider selling activity in May saw executives Jennifer Mary Bush and Bonnie J. Fetch sell shares totaling over $3.9 million combined.
The stock trades at a P/E ratio of 35.83, which is relatively high compared to the broader market average.
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 better-than-expected performance with EPS of $6.15 against a consensus of $5.63 and revenue of $8.40 billion slightly exceeding estimates.
Analyst sentiment remains constructive for the company, with several major firms raising price targets and maintaining buy ratings. The average analyst price target stands at $731.86, while Evercore set an objective of $845.00 and Barclays raised its target to $760.00. Cummins also recently paid a quarterly dividend of $2.00 per share, representing an annualized yield of 1.2%.
Institutional ownership remains high at 83.46%, though recent insider activity shows executives selling shares. Over the last 90 days, insiders sold approximately 13,579 shares valued at $9.38 million. Despite these sales, the company maintains a moderate buy rating with a market capitalization of $95.28 billion and a P/E ratio of 35.83.
📈 Apollon Wealth increased stake by 16.5% to $8.7 million value.
💰 EPS beat estimates at $6.15 with revenue of $8.40 billion.
🚀 Evercore set high price objective of $845.00 on Cummins stock.
🏦 Institutional ownership stands at 83.46% indicating strong fund confidence.
📉 Executives sold shares totaling $9.38 million over last 90 days.
📈 Apollon Wealth Management increased its Cummins stake by 16.5% in Q1, buying 2,294 shares for a total holding value of $8.7 million.
💰 Cummins reported quarterly EPS of $6.15, beating the $5.63 consensus estimate, with revenue reaching $8.40 billion versus an $8.37 billion expectation.
📊 Analyst sentiment is constructive with an average price target of $731.86 and a Moderate Buy rating from Wall Street firms.
💵 The company paid a quarterly dividend of $2.00 per share, resulting in an annualized dividend yield of 1.2%.
🏦 Institutional ownership stands at 83.46%, indicating strong confidence from major investment funds.
📉 Insider selling activity occurred recently with executives disposing of shares totaling $9.38 million over the last 90 days.
🚀 Evercore reissued an 'outperform' rating and set a high price objective of $845.00 on Cummins stock.
📈 Barclays raised its price target to $760.00 and upgraded its rating to 'overweight' for the company.
📉 Morgan Stanley boosted its price objective to $752.00 while maintaining an 'overweight' rating on CMI shares.
📊 Cummins trades with a market cap of $95.28 billion and a P/E ratio of 35.83 as of the latest data.
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.
Risk Factors
Executives sold over $9M in stock recently.
Insider ownership is low at just 0.30%.
Bullish Signals
Cummins delivered better-than-expected quarterly results with EPS of $6.15 beating the consensus estimate of $5.63.
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 and fourth quarters. Northwestern Mutual Wealth Management Co. lifted its stake by over 10,000%, adding roughly 2.44 million shares worth $1.25 billion, while Norges Bank acquired a new position valued at $863 million.
Insider trading activity shows recent sales from executive leadership. Vice President Nathan R. Stoner sold 607 shares in May for approximately $421,000, and VP Donald G. Jackson sold 730 shares for about $519,000. Over the last 90 days, insiders have collectively sold 13,579 shares worth roughly $9.4 million, though they still retain a direct ownership of 0.30% of the company's stock.
Cummins reported strong financial performance in its latest quarter, beating analyst estimates with earnings per share of $6.15 against a consensus of $5.63 and revenue of $8.40 billion versus an expected $8.37 billion. The company achieved a 25.25% return on equity and a net margin of 7.89%, with revenue growing 2.7% year-over-year. Analysts project full-year EPS of $29.31, and the stock recently paid a quarterly dividend of $2.00 per share.
📉 ABN AMRO sold shares, retaining a $24.1 million stake.
📈 Northwestern Mutual acquired 2.44 million shares worth $1.25 billion.
🏦 Norges Bank established an $863 million new stake in Q4.
🚀 Q1 EPS beat estimates at $6.15 with $8.40 billion revenue.
💰 Stock trades at a 35.61 PE ratio with $94.70 billion market cap.
📉 ABN AMRO Bank N.V. reduced its Cummins stake by 49.9% in Q1, selling 46,352 shares to retain a position worth $24.1 million.
📈 Northwestern Mutual Wealth Management Co. increased its holdings by 10,317.7% in Q4, acquiring 2.44 million shares valued at $1.25 billion.
🏦 Norges Bank established a new stake in Cummins worth approximately $863 million during the fourth quarter.
💼 Boston Partners and London Co. of Virginia initiated new positions valued at roughly $473 million and $232 million respectively in Q3.
📉 SG Americas Securities LLC increased its stake by 257.9% in Q1, purchasing an additional 530,812 shares.
💰 Institutional ownership of Cummins stands at 83.46%, indicating strong interest from hedge funds and asset managers.
📉 VP Nathan R. Stoner sold 607 shares for $421,294 in a May transaction, reducing his direct holding by 6.04%.
📉 VP Donald G. Jackson sold 730 shares for $518,971 in mid-May, decreasing his ownership by 8.07%.
📉 Insiders have collectively sold 13,579 shares worth $9.4 million over the last 90 days.
🚀 Cummins reported Q1 EPS of $6.15, beating the consensus estimate of $5.63 by $0.52.
💵 Revenue reached $8.40 billion in the quarter, slightly exceeding the $8.37 billion analyst expectation.
📈 The company achieved a 25.25% return on equity and a net margin of 7.89% during the period.
📊 Revenue grew by 2.7% compared to the same quarter in the prior year.
💰 Cummins paid a quarterly dividend of $2.00 per share, resulting in an annualized yield of 1.2%.
📈 Analysts forecast full-year EPS of $29.31 for the current fiscal year.
📉 The stock trades at a PE ratio of 35.61 with a market capitalization of $94.70 billion.
📉 Cummins reported a quick ratio of 1.11 and a current ratio of 1.71, indicating solid liquidity.
📉 The debt-to-equity ratio is maintained at 0.50, reflecting a conservative capital structure.
📈 The stock price recently opened at $686.26, trading above its 50-day moving average of $672.37.
📉 The 200-day moving average sits at $597.71, suggesting a long-term bullish trend.
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.
Risk Factors
Insiders sold 13,579 shares worth $9.4 million in 90 days.
ABN AMRO reduced position by nearly 50% in Q1.
Bullish Signals
Cummins beat quarterly earnings expectations with EPS of $6.15 versus the consensus of $5.63.
Revenue of $8.40 billion exceeded analyst estimates of $8.37 billion, showing resilient demand.
The company achieved a strong 25.25% return on equity and a healthy 7.89% net margin.
Revenue grew by 2.7% year-over-year, demonstrating top-line expansion.
Major institutional investors like Northwestern Mutual significantly increased their stakes, signaling confidence.
Norges Bank initiated a substantial new position worth $863 million in the fourth quarter.
The stock trades above its 50-day moving average at $672.37 while opening near $686.26.
Cummins maintains a conservative balance sheet with a debt-to-equity ratio of only 0.50.
We use cookies to run the site and, only if you allow it, for live chat, analytics, personalization and ad measurement.
We use cookies to:
Deliver and maintain our services, protect against spam, fraud and abuse
Offer a live chat with our team (Enuchat, optional)
Measure audience engagement and site statistics to understand how our services are used (Google Analytics, optional)
Remember your quiz progress and tailor the knowledge base to your skill level (optional)
Measure how our ads on Facebook and Instagram perform, including whether a visit leads to a confirmed sign-up, matched to your Facebook or Instagram account using hashed contact details you enter (Meta Pixel, optional)
Optional cookies are only set if you allow them. You can accept all, reject all or choose per category, and change your choice at any time via the "Manage Cookies" link in the footer. Google and Meta may process this data in the USA. More in our Privacy Policy.
Manage cookie preferences
Necessary cookiesAlways active
Required for the website to function. These cannot be disabled.
Cookie
Purpose
Duration
PHPSESSID
Session identifier for login, security tokens, and site functionality
Session
cookie_consent
Stores your cookie preferences
1 year
Functional cookies
Show the live chat button so you can message our team. The Enuchat chat widget stores a visitor ID in your browser and sends your chat messages to Enuchat. When this is off, the chat is not loaded.
Cookie
Purpose
Duration
enuchat_visitor_id
Keeps your chat conversation linked to this browser (Enuchat, browser storage)
Until you clear it or turn this off
Analytics cookies
Help us understand how visitors use our website with Google Analytics, provided by Google LLC. Google receives pages visited, device data and an IP address, and may process them in the USA. If you also allow marketing cookies, the Google tag can detect contact details you enter or see on our pages, such as your email address, phone number, name or address, hash them before sending and pass them to Google so it can match your visits to a Google account for measuring our ads. Hashed details are still personal data. See how Google uses information from sites that use its services.
Cookie
Purpose
Duration
_ga
Distinguishes unique visitors (Google Analytics)
2 years
_ga_*
Maintains session state (Google Analytics)
2 years
Personalization cookies
Remember your quiz progress and work out your investing level so we can recommend knowledge-base articles and the right reading depth for you. Stored only on your device.
Cookie
Purpose
Duration
bes_user_level
Your quiz-derived investing level, used to tailor content
1 year
Marketing cookies
Let Meta (Facebook and Instagram) measure how our ads perform, using the Meta Pixel. Meta Platforms Ireland Ltd. receives the pages you visit and, when you confirm the email address of a new account, a "completed registration" event, together with browser identifiers and your IP address. Meta's automatic advanced matching also reads contact details you type into forms on our site, such as your email address or name, hashes them in your browser and sends them with these events so Meta can match them to a Facebook or Instagram account. Hashed details are still personal data. These events are sent from your browser and may also be forwarded to Meta through Meta's Conversions API Gateway. Our own server also sends page visits and completed-registration events directly to Meta's Conversions API, with your IP address, browser user agent and Meta browser identifiers, so Meta can count it once. To help Meta match these visits, your browser and our server also send a random visitor ID from our own cookie and, if you are signed in, your account ID, your confirmed email address and the name, city, postal code and country saved in your profile, all hashed first. We and Meta are joint controllers for collecting and sending this data, and Meta's further use, which may include processing in the USA, is described in the Meta Privacy Policy. When this is off, the Meta Pixel is not loaded and no page visit or registration event is sent to Meta. Together with analytics cookies, this choice also lets Google receive hashed contact details, as described under Analytics cookies.
Cookie
Purpose
Duration
_fbp
Identifies browsers for Meta ad measurement (Meta Pixel)
3 months
_fbc
Stores the Meta ad click that brought you here (Meta Pixel)
3 months
_bes_meid
Random visitor ID, sent to Meta only hashed, so your visits can be matched (Meta Pixel and Conversions API)