Cummins Inc.(CMI)Stock Price & Analysis
NYSE

CMI Stock Price Today (October 2026) — Cummins Inc. Analysis & Key Metrics 2026-10-07

Cummins Inc. (CMI) is trading at $517.32, down 3.36% today (as of October 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Industrials growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $757.02 (46.3% upside).
  • Volatility is low (20.61% annualized), implying relatively contained price movements for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (9.40% YoY) alongside competitive pressures in the Specialty Industrial Machinery space.

CMI Stock Analysis: Key Metrics & Valuation (October 2026)

Concise, actionable data for investors

Trend posture
Downtrend: below 50- and 200-day averages
Analyst 1Y target$757.02+46.3%
Volatility (30d ann.)20.61%Low
RSI (14-day)
38.54 (Neutral)
Debt$8.29B (0.60x D/E)

Cummins Inc. - Historical Price & Volume

$517.32
+194.52 (+60.26%)
  • Price
  • Volume
  • Latest price
Range: 2Y

Market Cap

$71.22B

Enterprise Value: $75.58B

P/E Ratio

28.51

Forward P/E: 16.36

Revenue Growth

+9.40%

Year over Year

Analyst Target

$757.02

+46.3% upside potential

Key Investor Questions About CMI

What investors need to know before buying

Is it a good time to buy CMI stock?

Based on current market data, CMI presents a neutral technical setup with looking solid fundamentals.

  • Technicals say: Neutral (RSI 38.54)
  • Fundamentals say: Looking solid (debt and growth supportive)
Can CMI sustain revenue growth in the Specialty Industrial Machinery market?

CMI's growth trajectory depends on its ability to expand within the Specialty Industrial Machinery sector while managing margin pressures.

  • Future growth will depend on performance in core Specialty Industrial Machinery operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing CMI stock?

The primary risks for CMI investors include debt exposure and competitive dynamics in the Specialty Industrial Machinery industry.

  • $8.29B in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Specialty Industrial Machinery.

52-Week Trading Range

52-Week Low$400.72
52-Week High$737.76
Current Price$517.32

Over the past year, CMI stock traded between $400.72 and $737.76 and currently trades in the middle of that range. Big swings are less likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility20.61%
Beta1.58
RSI (14-day)38.54

With 20.61% annualized volatility and β=1.58, the stock exhibits high sensitivity to market moves—making CMI suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership0.21%
Institutional Ownership87.75%
Shares Short3.63M

High institutional ownership with low short interest suggests steadier hands and low immediate risk.

Analyst Sentiment & Price Targets

Mean Target
$757.02
Upside Potential
+46.3%
Recommendation
buy
Analysts see strong upside potential with a target of $757.02. The 46.3% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

Simply Wall St.Sep 24, 2026

Cummins (CMI) Looks Undervalued On Paper, Is The Pullback A Buying Opportunity?

Event-driven look at Cummins stock Cummins (CMI) is back in focus after new data highlighted how a US$1,000 investment 10 years ago would now be worth US$4,346.42, underscoring the long-term effect of compounding for shareholders. The recent move in Cummins has been more hesitant in the short term, with the share price down 8.22% over the past month and 27.89% over the past quarter. Even so, the latest close at US$524.65 anchors a 1-year total shareholder return of 27.36% and a 5-year total...

24/7 Wall St.Sep 24, 2026

Bloom Energy Sinks 6% as Traders Take Profits on a 190% YTD Run; Generac and Cummins Pull Back

After a 190% run in a single year, Bloom Energy is sliding hard while the broader market barely flinches, and the real question is whether today's session is a routine shakeout or the first crack in a historic growth story.

24/7 Wall St.Sep 17, 2026

Generac Surges 16% on $2.4B Amazon Data Center Generator Deal; Caterpillar Ticks Up, Cummins Sits Out the Rally

Amazon just handed Generac a contract that sent shares surging, but buried inside the deal is a warrant arrangement that could let the customer claw back the very gains it created. Here is what the peer group silence from Cummins reveals about who actually wins.

MarketBeatSep 17, 2026

Cummins Sees Truck Demand Rebound, Data-Center Power Orders Stretching to 2028

Cummins (NYSE:CMI) executives said demand in North American trucking and data-center power markets remains strong, while recent regulatory clarity around 2027 emissions rules has reduced uncertainty for fleet customers. Speaking at Morgan Stanley’s Laguna Conference, James Hopkins, Cummins’ vice pr

TrefisSep 11, 2026

Why Is Eaton Priced Above Peers That Earn More Per Sale?

Eaton (ETN) grew revenue 15.5% over the past twelve months, faster than any of the five industrial peers it is measured against. It trades at 41.5 times earnings, against roughly 32 times for the next two names in the group. At $409.15 a share as of September 10, 2026, what that premium buys is an operating margin that ranks fourth of six.

TrefisSep 11, 2026

What Happens To CAT Stock If Data Center Demand Cools?

Caterpillar (CAT) stock returned 94% over the past twelve months, against 17.9% for the S&P 500, and its second quarter of 2026 was the first in company history above $20 billion of sales and revenues. One risk to that run is a quiet one. Caterpillar is adding factory capacity with data center power as a big driver, and analysts are asking whether that demand has staying power through 2030.

TrefisSep 11, 2026

Is Eaton Stock Amplifying A Risk You Already Own?

Eaton (ETN) makes the power equipment that goes inside data centers, among much else, and it has climbed 5.0% over the last five trading days while the S&P 500 slipped 0.2%. A run like that pulls money in. The question worth answering is not where the stock goes from here. It is what owning Eaton does to the rest of your money every time the market moves, and it moves further than the index in both directions.

Motley FoolSep 10, 2026

Cummins Sells the Power Solutions That Keep Data Centers Running. Does That Make the Stock a Buy?

Its shares have surged so far in 2026, and there could still be plenty of upside ahead.

24/7 Wall St.Sep 10, 2026

CAT Could Be the Best AI Infrastructure Stock You’re Overlooking

While everyone fixates on chips and software, one 100-year-old manufacturer is quietly racking up orders that stretch to 2030 and posting the biggest quarter in its history, powered by the same AI buildout driving Nvidia headlines.

BarchartSep 10, 2026

Is Cummins Stock Outperforming the Nasdaq?

Cummins has outpaced the Nasdaq Composite over the past year, and analysts remain moderately bullish about the stock’s outlook.

Earnings snapshot

Next report Nov 5, 2026 (before the open)

EPS beat rate
50% (5/10)
Avg move after earnings
±4.1%
Options-implied move
—
Options vs history
—
CMI earnings history, charts and expected move

Frequently Asked Questions

Common investor questions about Cummins Inc.

Cummins Inc. (CMI) is currently trading at $517.32. The RSI (14-day) is at 38.5, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $757.02 implies 46.3% upside from current levels. Volatility is moderate at 20.6% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Cummins Inc. (CMI): The trailing P/E ratio is 28.51, which is in line with broader market averages. The forward P/E is 16.36, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 1.30, near 1.0, suggesting roughly fair value relative to growth. Price-to-Book is 5.97. Price-to-Sales is 2.21. Valuation should be compared to Specialty Industrial Machinery industry peers for context, as different sectors trade at different multiples.

Based on 20 analysts covering CMI, the consensus price target is $757.02. This represents a 46.3% upside from the current price of $517.32. The range spans from a low target of $530.00 to a high target of $894.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Yes, Cummins Inc. (CMI) pays a dividend with a current yield of approximately 1.70%. The annualized dividend rate is $8.00 per share. The payout ratio is 40.9%, which is conservative and suggests the dividend is well-covered by earnings with room for future increases. The most recent ex-dividend date was Aug 21, 2026.

Key risks for Cummins Inc. (CMI) investors include: 1. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 2. Specialty Industrial Machinery sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Cummins Inc.'s (CMI) current debt and financial health profile: Total debt stands at $8.29B. The debt-to-equity ratio is 0.60x, which is moderate and generally manageable for most companies. The current ratio is 1.73, indicating strong short-term liquidity. The quick ratio is 0.99. The company holds $3.92B in cash and equivalents. Free cash flow is positive at $2.23B, providing a cushion for debt servicing and shareholder returns.