WallStreetZenWallStreetZen

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

Open Broker Account

Analyst price target for CMI

Based on 7 analysts offering 12 month price targets for Cummins Inc.
Min Forecast
$187.00-8.11%
Avg Forecast
$227.00+11.54%
Max Forecast
$266.00+30.71%

Should I buy or sell CMI stock?

Based on 7 analysts offering ratings for Cummins Inc.
Buy
Strong Buy
1 analysts 14.29%
Buy
1 analysts 14.29%
Hold
5 analysts 71.43%
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
Citigroup
Top 4%
97
Strong BuyMaintains$265.00+30.21%2022-08-16
Credit Suisse
Bottom 2%
2
BuyMaintains$266.00+30.71%2022-08-03
Bernstein
Top 4%
97
HoldDowngrades$190.00-6.64%2022-07-20
Morgan Stanley
Bottom 23%
23
HoldMaintains$187.00-8.11%2022-07-18
Deutsche Bank
Bottom 11%
11
HoldMaintains$216.00+6.14%2022-07-13
UBS
Bottom 21%
21
HoldDowngrades$214.00+5.15%2022-03-18
Anonymous
Morgan Stanley
HoldMaintains$249.00+22.35%2022-01-18
Morgan Stanley
Bottom 12%
12
HoldMaintains$251.00+23.34%2021-12-09

1 of 1

Forecast return on equity

Is CMI forecast to generate an efficient return?
Company
35.21%
Industry
32.83%
Market
110.02%
CMI's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CMI forecast to generate an efficient return on assets?
Company
12.57%
Industry
11.08%
CMI is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CMI earnings per share forecast

What is CMI's earnings per share in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$17.59+22.07%
Avg 2 year Forecast
$20.54+42.54%
Avg 3 year Forecast
$21.82+51.42%
CMI's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CMI revenue forecast

What is CMI's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$26.9B+8.35%
Avg 2 year Forecast
$29.4B+18.68%
Avg 3 year Forecast
$30.4B+22.83%
CMI's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CMI earnings growth forecast

How is CMI forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
18.5%
Industry
14.1%
Market
19.13%
CMI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CMI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CMI's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CMI revenue growth forecast

How is CMI forecast to perform vs Specialty Industrial Machinery companies and vs the US market?
Company
8.27%
Industry
4.67%
Market
8.53%
CMI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CMI's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CMI vs Specialty Industrial Machinery Stocks

TickerPricePrice TargetUp/downsideConsensus
CMI$203.51$227.00+11.54%Buy
OTIS$63.80$79.29+24.27%Buy
PH$242.31$324.11+33.76%Strong Buy
AME$113.41$144.00+26.97%Strong Buy
ROK$215.11$260.21+20.97%Hold

Cummins Stock Forecast FAQ

Is Cummins Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: CMI) stock is to Buy CMI stock.

Out of 7 analysts, 1 (14.29%) are recommending CMI as a Strong Buy, 1 (14.29%) are recommending CMI as a Buy, 5 (71.43%) 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 earnings growth forecast for 2022-2024?

(NYSE: CMI) Cummins's forecast annual earnings growth rate of 18.5% is forecast to beat the US Specialty Industrial Machinery industry's average forecast earnings growth rate of 14.1%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.13%.

Cummins's earnings in 2022 is $2,048,000,000.On average, 5 Wall Street analysts forecast CMI's earnings for 2022 to be $2,480,054,962, with the lowest CMI earnings forecast at $2,396,869,491, and the highest CMI earnings forecast at $2,546,321,353. On average, 10 Wall Street analysts forecast CMI's earnings for 2023 to be $2,895,982,314, with the lowest CMI earnings forecast at $2,659,115,212, and the highest CMI earnings forecast at $3,128,619,647.

In 2024, CMI is forecast to generate $3,076,452,488 in earnings, with the lowest earnings forecast at $2,860,734,234 and the highest earnings forecast at $3,292,170,742.

What is CMI's revenue growth forecast for 2022-2024?

(NYSE: CMI) Cummins's forecast annual revenue growth rate of 8.27% is forecast to beat the US Specialty Industrial Machinery industry's average forecast revenue growth rate of 4.67%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.53%.

Cummins's revenue in 2022 is $24,789,000,000.On average, 7 Wall Street analysts forecast CMI's revenue for 2022 to be $3,786,957,357,031, with the lowest CMI revenue forecast at $3,658,045,820,235, and the highest CMI revenue forecast at $3,906,051,316,392. On average, 7 Wall Street analysts forecast CMI's revenue for 2023 to be $4,147,982,017,320, with the lowest CMI revenue forecast at $3,801,294,020,403, and the highest CMI revenue forecast at $4,497,796,096,023.

In 2024, CMI is forecast to generate $4,292,874,751,944 in revenue, with the lowest revenue forecast at $4,206,245,966,861 and the highest revenue forecast at $4,379,503,537,026.

What is CMI's forecast return on assets (ROA) for 2022-2024?

(NYSE: CMI) forecast ROA is 12.57%, which is higher than the forecast US Specialty Industrial Machinery industry average of 11.08%.

What is CMI's Price Target?

According to 7 Wall Street analysts that have issued a 1 year CMI price target, the average CMI price target is $227.00, with the highest CMI stock price forecast at $266.00 and the lowest CMI stock price forecast at $187.00.

On average, Wall Street analysts predict that Cummins's share price could reach $227.00 by Aug 16, 2023. The average Cummins stock price prediction forecasts a potential upside of 11.54% from the current CMI share price of $203.51.

What is CMI's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CMI) Cummins's current Earnings Per Share (EPS) is $14.41. On average, analysts forecast that CMI's EPS will be $17.59 for 2022, with the lowest EPS forecast at $17.00, and the highest EPS forecast at $18.06. On average, analysts forecast that CMI's EPS will be $20.54 for 2023, with the lowest EPS forecast at $18.86, and the highest EPS forecast at $22.19. In 2024, CMI's EPS is forecast to hit $21.82 (min: $20.29, max: $23.35).

What is CMI's forecast return on equity (ROE) for 2022-2024?

(NYSE: CMI) forecast ROE is 35.21%, which is considered strong.
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.