CMI · NYQ
S&P 500
Cummins Inc.
Industrials · Specialty Industrial Machinery
$454.18
−$12.29 (−2.63%) today
Closing price on Nov 10, 2026 · Source: Yahoo Finance
Consensus of 22 analysts
Buy
Median price target $610.00 +34.3%
- Open
- $455.11
- Day range
- 451.25 – $463.36
- 52-week range
- 443.62 – $737.76
- Volume
- 1,492,503
- Market cap
- $62,258M
- P/E (TTM)
- 18.9x
- EPS (TTM)
- $23.97
- EPS est. 2026
- $27.73
- P/E est. 2026
- 16.4x
- Dividend yield
- 1.8%
- Beta
- 1.24
- Payout
- 34%
The analysis of this company is being prepared and will appear in the next update.
Cummins financials
Q3 2026 results, quarter ended Sep 30, 2026
| Metric | Q3 2026 | 1-year change |
|---|---|---|
| Total revenue | $9,438M | +13.5% |
| Net income | $1,140M | +112.7% |
| Earnings per share | $8.25 | +113.7% |
| Net margin | 12.1% | +5.6 pp |
| Free cash flow | $1,102M | +9.4% |
| Debt / equity | 0.61 | −10.2% |
Revenue and net income ($M)
Total revenueNet income
| Quarter | Total revenue | Net income |
|---|---|---|
| Q2 2025 | $8,643M | $890M |
| Q3 2025 | $8,317M | $536M |
| Q4 2025 | $8,536M | $593M |
| Q1 2026 | $8,398M | $654M |
| Q3 2026 | $9,438M | $1,140M |
Cummins earnings per share (EPS)
Consensus estimates
| Period | EPS est. | 1-year change |
|---|---|---|
| Current quarterQ4 2026 · Analysts: 9 | $7.8457.46 – 8.77 | +83.7%$4.270 |
| Next quarterQ1 2027 · Analysts: 6 | $7.3857.07 – 7.86 | +56.8%$4.710 |
| Current year2026 · Analysts: 9 | $27.73027.15 – 28.81 | +35.3%$20.500 |
| Next year2027 · Analysts: 13 | $33.47329.41 – 37.00 | +20.7%$27.730 |
Forward P/E: 16.4x (2026) and 13.6x (2027) at the current price.
Actual and estimated EPS ($)
Actual EPSEstimated EPS
| Quarter | Actual EPS | Estimated EPS |
|---|---|---|
| Q2 2025 | $6.430 | — |
| Q3 2025 | $3.860 | — |
| Q4 2025 | $4.270 | $5.017 |
| Q1 2026 | $4.710 | $5.624 |
| Q2 2026 | $6.730 | $7.169 |
| Q3 2026 | $8.250 | $8.283 |
| Q4 2026 | — | $7.845 |
| Q1 2027 | — | $7.385 |
| Year | Actual EPS | Estimated EPS |
|---|---|---|
| 2022 | $15.120 | — |
| 2023 | $5.150 | — |
| 2024 | $28.370 | — |
| 2025 | $20.500 | — |
| 2026 | — | $27.730 |
| 2027 | — | $33.473 |
EPS trend
| Quarter | EPS | YoY change |
|---|---|---|
| Q1 2027Estimated | $7.385 | +56.8% |
| Q4 2026Estimated | $7.845 | +83.7% |
| Q3 2026 | $8.250est. $8.283 · surprise −0.4% | +113.7% |
| Q2 2026 | $6.730est. $7.169 · surprise −6.1% | +4.7% |
| Q1 2026 | $4.710est. $5.624 · surprise −16.3% | n/a |
| Q4 2025 | $4.270est. $5.017 · surprise −14.9% | n/a |
| Q3 2025 | $3.860 | n/a |
| Q2 2025 | $6.430 | n/a |
| Year | EPS | Annual change |
|---|---|---|
| 2027Estimated | $33.473 | +20.7% |
| 2026Estimated | $27.730 | +35.3% |
| 2025 | $20.500 | −27.7% |
| 2024 | $28.370 | +450.9% |
| 2023 | $5.150 | −65.9% |
| 2022 | $15.120 | n/a |
Normalised EPS according to the analyst consensus collected by Yahoo Finance; it may differ from the reported EPS in the results table.
Cummins dividend
Yield and payments
| Dividend yield (TTM) | 1.8% |
| Forward yield (next 12m) | 1.9% |
| Dividend per share (TTM) | $8.20 |
| Forward dividend (next 12m) | $8.80 |
| Payout (TTM) | 34% |
| Last dividend | $2.20Aug 21, 2026 |
| Next ex-dividend date | Nov 20, 2026 |
Dividend per share by year ($)
PaidEstimated
| Year | Dividend per share |
|---|---|
| 2019 | $4.90 |
| 2020 | $5.28 |
| 2021 | $5.60 |
| 2022 | $6.04 |
| 2023 | $6.50 |
| 2024 | $7.00 |
| 2025 | $7.64 |
| est. 12m | $8.80 |
Cummins forecasts
22 analyst ratings
Consensus: Buy · 16 buy, 6 hold, 0 sell
1-year price forecast
Share price
Price target (high, median, low)
| Target | Price | Upside |
|---|---|---|
| High | $880.00 | +93.8% |
| Median | $610.00 | +34.3% |
| Low | $462.00 | +1.7% |
| Date | Close |
|---|---|
| Nov 28, 2025 | $497.98 |
| Dec 31, 2025 | $510.45 |
| Jan 30, 2026 | $578.82 |
| Feb 27, 2026 | $583.87 |
| Mar 31, 2026 | $538.02 |
| Apr 30, 2026 | $671.01 |
| May 29, 2026 | $646.63 |
| Jun 30, 2026 | $713.21 |
| Jul 31, 2026 | $634.20 |
| Aug 31, 2026 | $564.40 |
| Sep 30, 2026 | $516.57 |
| Oct 30, 2026 | $500.09 |
| Nov 10, 2026 | $454.18 |
Cummins peers
| Ticker | Company | Market cap ($M) | P/E | Price ($) | 1-day change | 52-week range |
|---|---|---|---|---|---|---|
| CMI | Cummins | 62,258 | 18.9x | 454.18 | −2.63% | 443.62737.76 |
| GEV | GE Vernova | 210,958 | 20.9x | 797.04 | −3.89% | 530.161,195.94 |
| ETN | Eaton | 137,614 | 35.4x | 354.22 | −1.11% | 311.92478.00 |
| PH | Parker Hannifin | 121,705 | 33.2x | 965.17 | +0.90% | 806.221,099.94 |
| EMR | Emerson Electric | 93,839 | 35.0x | 167.54 | −1.17% | 122.64172.00 |
| ITW | Illinois Tool Works | 81,864 | 25.7x | 288.05 | +0.46% | 238.82303.16 |
What the AI agents think about Cummins
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