Stock·NYSE·Industrials
Cummins Inc. (CMI)
- Market cap
- $73.15B
- P/E
- 27.40
- Dividend yield
- 1.54%
- Street target
- $760.00median of 22 analysts
- 52-week range
- $407.57 $737.76
The short version
Where CMI stands today, in four lines, and what CleaRank Financial AI makes of it.
CMI at a glance
Cummins Inc. (CMI): Hold, 45/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($557.67 and $604.07).
- Earnings CMI beat estimates in 5 of its last 8 quarters, yet fell the next day after 1 of those beats.
- Insiders Insiders sold $56.8M and bought $332K over the last 18 months.
- Valuation P/E of 27.4 against 34.0 for the Industrials sector: broadly in line with peers (-19%).
Figures as of October 17, 2026.
CleaRank Financial AI
CleaRank rates Cummins Inc. (CMI) Hold, with a model score of 45/100.
The analysts' outlook lifts the score most: 15 of 22 analysts rate it a buy and the median target is 43.1% above the price. The trend holds it back most: the price is 12.06% below its 200-day average and 4.74% below its 50-day average, and the 50-day average is 7.68% below the 200-day. The 50-day average stands at $557.67 and the 200-day at $604.07. Over the past year the price rose 25.68%.
Only on CleaRank
Figures we compute ourselves from CMI's own price, earnings and insider-filing history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $531.21 is 4.7% below the 50-day simple moving average of $557.67.Price above its 200-day average ›
The price is 12.1% below the 200-day simple moving average of $604.07.50-day average above the 200-day ›
The 50-day average ($557.67) is 7.7% below the 200-day average ($604.07), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 37% of its 52-week range, between $407.57 and $737.76.
CMI share price
Pick a period: each tab shows how far CMI has moved over it, to the last close.
Today's trading
Where CMI sits inside today's range and its 52-week range.
Fundamentals
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
5/5P/E below the sector median ›
The trailing P/E of 27.40 is 19.4% below the Industrials median of 34.0.P/S below the sector median ›
The price-to-sales ratio of 2.11 is 47.2% below the sector median of 4.0.Profitable over the last 12 months ›
Net income over the last 12 months was $2.7B on revenue of $34.7B, a net margin of 7.8%.Beat estimates in most recent reports ›
CMI beat the EPS estimate in 5 of its last 8 reports.Pays a dividend ›
The trailing dividend yield is 1.54%, or $8.20 a share a year.
Key statistics
The headline figures for CMI.
As of October 17, 2026, CMI trades at $531.21, with a market value of $73.15B, a P/E ratio of 27.40 and a dividend yield of 1.54%.
What the numbers say
CleaRank Financial AI's reading of CMI's valuation, growth and risks.
On earnings, Cummins Inc. (CMI) is valued at 27.40 times, against a median of 34.0 for Industrials: broadly in line with peers, with the P/E 19.4% below that median. On sales, the P/S of 2.11 compares with a sector median of 4.0, 47.3% below it. For scale, CMI carries trailing earnings of $19.44 a share.
Revenue rose 9.40% in the latest year, which is 2.3 percentage points slower than the sector median of 11.7%. Margins are healthy, with a net margin of 7.82% and an operating margin of 11.90%. Return on equity of 21.11% is above the sector median of 17.8%. Finally, debt-to-equity stands at 0.60, and the trailing dividend yield of 1.54% works out to $8.20 per share each year.
Cummins Inc. (CMI) fell short in its August 4, 2026 report, with EPS of $6.73 against the $7.17 analysts had expected, a miss of 6.14%. Even so, the share price climbed 2.25% in the following session.
CMI has topped the EPS estimate in 5 of its last 8 reports, yet a beat has not reliably lifted the shares: the stock fell the session after 1 of those beats. The standout from the earlier reports is the February 5, 2026 release, which beat by 14.37%, and the stock rose 6.86% the following session. Looking ahead, analysts expect this fiscal year's EPS to reach $28.60, a gain of 39.5%, and $34.23 next year, which is growth of 19.7%.
The main near-term risk is day-to-day swings, since CMI has typically moved 1.32% in an average session. The downtrend adds risk for as long as the price remains below both moving averages, and the price is 28.00% below its 52-week high of $737.76. Insider activity over the last 18 months shows $56.8M in sales against $332K in open-market purchases. Sales are often planned ahead or made to cover tax on vesting shares, which makes them a weaker signal than buying.
CMI against the Industrials sector
How CMI compares with the median Industrials stock CleaRank tracks.
Price to earnings vs sector: Valuation is broadly in line with sector peers (-19% difference), suggesting fair market pricing relative to industry standards.
Return vs XLI: Since May 6, 2025, CMI has gained 78.1% against a gain of 25.7% for XLI.
Performance against XLI
CMI and the Industrials sector fund over the same days.
Revenue and earnings
How much CMI sells, and how much of it becomes profit.
Revenue growth: Revenue fell 1.3% in FY2025 to $33.7B, from $34.1B a year earlier.
Profit margin: The net margin was 8.8% in FY2025, down from 11.9% the year before.
Profitable: CMI earned $3.0B in FY2025.
Earnings reality check
Did CMI beat what analysts expected, and how did the stock react?
Earnings record: CMI beat the analyst estimate in 5 of the last 8 quarters.
Market reaction: The stock fell in the first session after 1 of those 5 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Aug 4, 2026after close | $7.17 | $6.73 | -6.14% | +2.25% | -0.47% |
| May 5, 2026after close | $5.65 | $6.15 | +8.85% | +6.06% | +4.40% |
| Feb 5, 2026after close | $5.08 | $5.81 | +14.37% | +6.86% | +8.90% |
| Nov 6, 2025after close | $4.77 | $3.86 | -19.08% | +2.28% | +1.01% |
| Aug 5, 2025after close | $5.21 | $6.43 | +23.42% | +2.26% | +6.92% |
| May 5, 2025after close | $4.92 | $5.96 | +21.14% | -1.31% | +9.36% |
| Feb 4, 2025after close | $4.69 | $4.54 | -3.20% | +1.76% | +2.49% |
| Nov 5, 2024after close | $4.81 | $5.86 | +21.83% | +0.44% | +0.17% |
As of October 17, 2026, CMI has beaten the analyst EPS estimate in 5 of its last 8 reported quarters and fell in the first trading session after 1 of those beats; its latest report, on August 4, 2026, came in 6.14% below the estimate and the stock moved +2.25% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 47.0, in neutral territory.RSI above 50 ›
An RSI of 47.0 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of CMI
The score, the reasoning behind it, and what could move the price next.
Cummins Inc. (CMI) is trading in a downtrend. Both of its averages sit above the price: at $531.21, the stock is 4.74% below its 50-day average of $557.67 and 12.06% below its 200-day average of $604.07. The two averages agree on the direction, with the 50-day 7.68% below the 200-day. Across the 52-week range, which runs from $407.57 to $737.76, the current price sits at 37% of the way up.
The short and long run point different ways: the price rose 0.70% over the past month, fell 18.08% over the past three months and rose 25.68% over the past year. On momentum, the 14-day RSI reads 47.0, in the neutral zone, with the MACD line negative.
Earnings miss ›
The August 4, 2026 report missed the EPS estimate by 6.14%, and the share price rose 2.25% in the first session after it.
Source: Earnings report, August 4, 2026
Rating reaffirmed ›
Wells Fargo kept its Overweight rating on October 8, 2026.
Source: Analyst action, Wells Fargo, October 8, 2026
- Two levels are worth tracking closely: the 50-day SMA at $557.67, which sits above the price, and the 20-day EMA at $530.49, which sits below it.
- A 14-day RSI of 47.0 sits in the neutral zone, and the MACD line is negative. Readings above 70 or below 30 signal stretched momentum.
- The share price rose 2.25% in the first session after the August 4, 2026 report. Over the last 8 reports, CMI has beaten estimates in 5 of them.
CMI remains in a downtrend while it sits below both its 50-day average at $557.67 and its 200-day average at $604.07. A close back above the 50-day would mark the first sign of a repair. That 50-day SMA at $557.67 is the nearest hurdle above the price.
The first support below the price is the 20-day EMA at $530.49. The 14-day RSI reads 47.0, which is in the neutral zone between 40 and 60.
Technical indicators
Momentum and trend for CMI, from its daily closes.
As of October 17, 2026, with CMI at $531.21, its 14-day RSI is 47.0 (neutral territory), its 50-day simple moving average is $557.67 and its 200-day is $604.07.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What CMI moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, CMI's 1-year correlation of daily returns is +0.64 with S&P 500 (SPY), +0.61 with Nasdaq 100 (QQQ), +0.30 with Bitcoin (BTC) and +0.19 with gold (XAU).
What Wall Street expects
The analysts' target range and how their ratings split.
Analysts checks
3/3Most analysts rate it a buy ›
15 of 22 analysts rate it a buy or strong buy, 7 a hold and 0 a sell.Median target above the price ›
The median 12-month target of $760.00 is 43.1% above the price.More buy ratings than three months ago ›
15 of 22 rate it a buy now, against 14 of 22 three months ago.
CMI Wall Street View
12-month price targets
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Oct 8, 2026 | Wells Fargo | Maintains | Overweight |
| Oct 5, 2026 | Truist Securities | Maintains | Buy |
| Sep 30, 2026 | UBS | Maintains | Buy |
| Sep 23, 2026 | JP Morgan | Maintains | Neutral |
| Aug 11, 2026 | Evercore ISI Group | Maintains | Outperform |
| Aug 5, 2026 | UBS | Maintains | Buy |
As of October 17, 2026, 22 Wall Street analysts cover CMI: 15 rate it a buy or strong buy, 7 a hold and 0 a sell or strong sell. Their 12-month price targets range from $530.00 to $890.00, with a median of $760.00, 43.1% above the price of $531.21.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
CMI trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Entry Strategies pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from CMI's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much CMI tends to move, against the market and on its own.
The long record
CMI's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
4/4Average daily move under 2% ›
The price has moved 1.32% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 34.7%, from November 2019 to March 2020, regained by June 2020.Most 1-year holds ended higher ›
76% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $54,338, against $42,058 in the S&P 500 (SPY).
CMI Drawdowns & Recovery
As of October 17, 2026, CMI's worst peak-to-trough fall over the last 10 years with dividends reinvested was -34.7% (November 2019 to March 2020); it regained that peak by June 2020, 3 months after the low, and 76% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into CMI in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: CMI beat the S&P 500 over this period: $54,338 against $42,058.
A $10,000 investment in CMI in October 2016 would be worth about $54,338 today with dividends reinvested, compared with about $42,058 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to CMI, and which have not.
Strongest month, November: an average of +6.68%, up in 8 of 10 years.
Weakest month, March: an average of -3.51%, up in 3 of 10 years.
This month, October: has averaged +2.58%, up in 6 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, CMI's strongest calendar month has been November (average +6.68%, up in 8 of 10 years) and its weakest March (average -3.51%, up in 3 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in CMI, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in CMI today could grow to about $24,446 by 2036 in the base case, with a 90th-percentile outcome near $77,516 and a 10th-percentile outcome around $7,709. The simulation models price only; at today's 1.54% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
CMI Stock Price Prediction: 2030
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $760 for CMI by 2030 in the base case, from $531 today (1.4x over 4 years). The 10th-percentile path ends near $366. These are outcomes of a Monte Carlo simulation run on CMI's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $403 | $581 | $837 | |
| 2028 | $379 | $635 | $1,064 | |
| 2029 | $369 | $695 | $1,307 | |
| 2030 | $366 | $760 | $1,576 | |
| 2031 | $367 | $831 | $1,878 |
Method: a lognormal simulation of CMI's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Insider trading
What the people running the company have bought and sold.
CMI insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Insider buying: Insiders bought $332K on the open market and sold $56.8M.
As of October 17, 2026, CMI insiders reported 27 open-market sales worth $56.8M and 1 open-market purchase worth $332K over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Aug 24, 2026 | Earl Newsome Jr.
Chief Technology Officer
|
Sell | 698 | $399.4K |
| May 19, 2026 | Brett Michael Merritt
Officer
|
Grant | 218 | - |
| May 14, 2026 | Donald G Jackson
Officer
|
Sell | 730 | $519.0K |
| May 13, 2026 | Bonnie J Fetch
Officer
|
Grant | 155 | - |
| May 13, 2026 | Nathan R Stoner
Officer
|
Grant | 600 | - |
| May 12, 2026 | Jennifer Mary Bush
Officer
|
Sell | 5.0K | $3.5M |
| May 12, 2026 | Gary L Belske
Director
|
Grant | 306 | - |
| May 12, 2026 | Leo Allen Bruno Vito Di
Director
|
Grant | 306 | - |
| May 12, 2026 | Daniel William Fisher
Director
|
Grant | 306 | - |
| May 12, 2026 | Carla A Harris
Director
|
Grant | 306 | - |
| May 12, 2026 | Thomas J Lynch
Director
|
Grant | 306 | - |
| May 12, 2026 | William I Miller
Director
|
Grant | 306 | - |
| May 12, 2026 | Kimberly A. Nelson
Director
|
Grant | 306 | - |
| May 12, 2026 | Karen H. Quintos
Director
|
Grant | 306 | - |
| May 12, 2026 | John H Stone
Director
|
Grant | 306 | - |
| May 12, 2026 | Matthew Tsien
Director
|
Grant | 306 | - |
| May 11, 2026 | Brett Michael Merritt
Officer
|
Sell | 701 | $483.2K |
| May 11, 2026 | Bonnie J Fetch
Officer
|
Sell | 652 | $456.5K |
| May 11, 2026 | Bonnie J Fetch
Officer
|
Sell | 642 | $451.7K |
| May 11, 2026 | Nathan R Stoner
Officer
|
Sell | 607 | $421.3K |
| May 11, 2026 | Marvin Boakye
Officer
|
Grant | 150 | - |
| May 8, 2026 | Marvin Boakye
Officer
|
Sell | 3.5K | $2.4M |
| May 8, 2026 | Nicole Lamb-Hale
Officer
|
Sell | 2.4K | $1.7M |
| Apr 1, 2026 | Nicole Lamb-Hale
Officer
|
Grant | 290 | - |
| Mar 3, 2026 | Amy Rochelle Davis
Officer
|
Sell | 4.1K | $2.3M |
| Feb 27, 2026 | Marvin Boakye
Officer
|
Grant | 7.1K | - |
| Feb 27, 2026 | Jennifer Mary Bush
Officer
|
Grant | 5.6K | - |
| Feb 27, 2026 | Amy Rochelle Davis
Officer
|
Grant | 5.2K | - |
| Feb 27, 2026 | Robert J Enright
Officer
|
Grant | 1.1K | - |
| Feb 27, 2026 | Bonnie J Fetch
Officer
|
Grant | 3.3K | - |
| Feb 27, 2026 | John O Gaidoo
Officer
|
Grant | 1.6K | - |
| Feb 27, 2026 | Donald G Jackson
Officer
|
Grant | 2.8K | - |
| Feb 27, 2026 | Nicole Lamb-Hale
Officer
|
Grant | 7.1K | - |
| Feb 27, 2026 | Brett Michael Merritt
Officer
|
Grant | 2.8K | - |
| Feb 27, 2026 | Earl Newsome Jr.
Chief Technology Officer
|
Grant | 2.8K | - |
| Feb 27, 2026 | Luther Earl Peters
Officer
|
Grant | 1.9K | - |
| Feb 27, 2026 | Jennifer W. Rumsey
Chief Executive Officer
|
Grant | 44.7K | - |
| Feb 27, 2026 | Mark Andrew Smith
Chief Financial Officer
|
Grant | 14.1K | - |
| Feb 27, 2026 | Nathan R Stoner
Officer
|
Grant | 4.5K | - |
| Feb 27, 2026 | Jeffrey T Wiltrout
Officer
|
Grant | 3.1K | - |
| Feb 27, 2026 | Jonathan David Wood
Chief Technology Officer
|
Grant | 1.9K | - |
| Feb 27, 2026 | Benjamin G. Wright
Officer
|
Grant | 1.6K | - |
| Feb 24, 2026 | Donald G Jackson
Officer
|
Sell | 5.0K | $2.3M |
| Feb 24, 2026 | Donald G Jackson
Officer
|
Option | 5.0K | $781.4K |
| Feb 23, 2026 | Amy Rochelle Davis
Officer
|
Sell | 1.9K | $1.1M |
| Feb 23, 2026 | Earl Newsome Jr.
Chief Technology Officer
|
Sell | 1.3K | $758.8K |
| Feb 19, 2026 | Bonnie J Fetch
Officer
|
Grant | 2.1K | - |
| Feb 19, 2026 | Benjamin G. Wright
Officer
|
Grant | 553 | - |
| Feb 13, 2026 | John O Gaidoo
Officer
|
Option | 290 | $31.6K |
| Feb 11, 2026 | William I Miller
Director
|
Sell | 18.1K | $10.8M |
| Feb 10, 2026 | Jennifer Mary Bush
Officer
|
Sell | 4.3K | $2.5M |
| Feb 10, 2026 | Jennifer Mary Bush
Officer
|
Option | 4.3K | $629.7K |
| Nov 25, 2025 | Brett Michael Merritt
Officer
|
Sell | 1.5K | $709.5K |
| Nov 25, 2025 | Brett Michael Merritt
Officer
|
Option | 2.4K | $341.1K |
| Nov 13, 2025 | Jennifer W. Rumsey
Chief Executive Officer
|
Grant | 4.2K | - |
| Nov 11, 2025 | Jennifer W. Rumsey
Chief Executive Officer
|
Sell | 4.6K | $2.2M |
| Nov 11, 2025 | Jennifer W. Rumsey
Chief Executive Officer
|
Option | 4.6K | $498.5K |
| Nov 6, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Sell | 13.1K | $6.2M |
| Nov 6, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Option | 13.1K | $1.9M |
| Oct 30, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Sell | 200 | $89.8K |
| Oct 30, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Option | 200 | $28.4K |
| Oct 6, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Sell | 8.0K | $3.5M |
| Oct 6, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Option | 8.0K | $1.1M |
| Sep 17, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Sell | 9.1K | $3.8M |
| Sep 17, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Option | 9.1K | $1.5M |
| Aug 22, 2025 | Robert J Enright
Officer
|
Sell | 1.9K | $748.2K |
| Aug 22, 2025 | Robert J Enright
Officer
|
Option | 1.9K | $307.6K |
| Aug 19, 2025 | Karen H. Quintos
Director
|
Sell | 1.3K | $529.8K |
| Aug 14, 2025 | Amy Rochelle Davis
Officer
|
Sell | 5.0K | $2.0M |
| Aug 14, 2025 | Amy Rochelle Davis
Officer
|
Option | 2.0K | $310.7K |
| Aug 13, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Sell | 12.5K | $5.0M |
| Aug 13, 2025 | William I Miller
Director
|
Grant | 1.8K | - |
| Aug 13, 2025 | Mark Andrew Smith
Chief Financial Officer
|
Option | 12.5K | $2.0M |
| Aug 8, 2025 | Luther E Peters
Officer
|
Sell | 4.9K | $1.9M |
| Aug 8, 2025 | Jennifer Mary Bush
Officer
|
Sell | 520 | $201.8K |
| Aug 8, 2025 | Luther E Peters
Officer
|
Option | 4.9K | $529.1K |
| Jul 14, 2025 | Matthew Tsien
Director
|
Grant | 447 | - |
| May 16, 2025 | John H Stone
Director
|
Buy | 1.0K | $332.1K |
| May 15, 2025 | Sharon R. Barner
Officer
|
Grant | 525 | - |
| May 13, 2025 | Gary L Belske
Director
|
Grant | 595 | - |
| May 13, 2025 | Robert J Bernhard
Director
|
Grant | 595 | - |
| May 13, 2025 | Leo Allen Bruno Vito Di
Director
|
Grant | 595 | - |
| May 13, 2025 | Daniel William Fisher
Director
|
Grant | 595 | - |
| May 13, 2025 | Carla A Harris
Director
|
Grant | 595 | - |
| May 13, 2025 | Thomas J Lynch
Director
|
Grant | 595 | - |
| May 13, 2025 | William I Miller
Director
|
Grant | 595 | - |
| May 13, 2025 | Kimberly A. Nelson
Director
|
Grant | 595 | - |
| May 13, 2025 | Karen H. Quintos
Director
|
Grant | 595 | - |
| May 13, 2025 | John H Stone
Director
|
Grant | 595 | - |
Source: TwelveData, from SEC Form 4 filings
Questions people ask
Answered from the figures on this page, as of October 17, 2026.