WallStreetZenWallStreetZen

NYSE: CMI
Cummins Inc Stock Forecast, Predictions & Price Target

Analyst price target for CMI

Based on 4 analysts offering 12 month price targets for Cummins Inc.
Min Forecast
$231.00-3.3%
Avg Forecast
$261.00+9.26%
Max Forecast
$291.00+21.82%

Should I buy or sell CMI stock?

Based on 4 analysts offering ratings for Cummins Inc.
Hold
Strong Buy
0 analysts 0%
Buy
1 analysts 25%
Hold
3 analysts 75%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CMI stock forecasts and price targets.

CMI stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
UBS
Top 21%
80
HoldMaintains$260.00+8.84%2023-02-16
Deutsche Bank
Top 8%
93
HoldMaintains$231.00-3.30%2023-02-07
Credit Suisse
Bottom 5%
5
BuyMaintains$291.00+21.82%2023-02-07
Morgan Stanley
Bottom 13%
13
HoldMaintains$262.00+9.68%2023-01-20

1 of 1

CMI vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
CMI$238.88$261.00+9.26%Hold
ROK$293.45$266.08-9.33%Hold
AME$145.33$154.80+6.52%Strong Buy
OTIS$84.40$83.17-1.46%Sell
TT$183.98$186.08+1.14%Hold

Cummins Stock Forecast FAQ

Is Cummins Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: CMI) stock is to Hold CMI stock.

Out of 4 analysts, 0 (0%) are recommending CMI as a Strong Buy, 1 (25%) are recommending CMI as a Buy, 3 (75%) are recommending CMI as a Hold, 0 (0%) are recommending CMI as a Sell, and 0 (0%) are recommending CMI as a Strong Sell.

If you're new to stock investing, here's how to buy Cummins stock.

What is CMI's Price Target?

According to 4 Wall Street analysts that have issued a 1 year CMI price target, the average CMI price target is $261.00, with the highest CMI stock price forecast at $291.00 and the lowest CMI stock price forecast at $231.00.

On average, Wall Street analysts predict that Cummins's share price could reach $261.00 by Feb 16, 2024. The average Cummins stock price prediction forecasts a potential upside of 9.26% from the current CMI share price of $238.88.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.