Cummins (CMI) Stock Price Target 2026

The average analyst price target for Cummins is $612.53, 36.5% above the current price. Of 16 analysts, 13 rate it Buy and 3 Hold. Targets range from $355 to $782. The latest change came on Oct 26, 2026, when Wells Fargo lowered its price target on Cummins from $760 to $608 and kept an Overweight rating.

The Average Analyst Price Target for Cummins is $612.53.

Price Target Range — 11 Quarters

Analyst Consensus — 16 Analysts

13Buy

3Hold

Consensus RatingBuy# Analysts16Avg. Consensus PT$612.53Upside to Avg. PT+36.5%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Cummins Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 26, 2026	Wells Fargo	Jerry Revich	PT Cut	Overweight	$760→$608
Oct 19, 2026	Barclays	Adam Seiden	PT Cut	Overweight	$760→$675
Oct 12, 2026	Citigroup	Kyle Menges	PT Cut	Buy	$790→$630
Oct 8, 2026	Wells Fargo	Jerry Revich	PT Cut	Overweight	$874→$760
Oct 5, 2026	Truist Securities	Jamie Cook	PT Cut	Buy	$894→$779
Sep 30, 2026	UBS	Steven Fisher	PT Cut	Buy	$835→$741
Sep 23, 2026	JP Morgan	Tami Zakaria	PT Cut	Neutral	$690→$600
Aug 11, 2026	Evercore ISI Group	David Raso	PT Cut	Outperform	$845→$782
Aug 5, 2026	UBS	Steven Fisher	PT Cut	Buy	$850→$835
Jul 17, 2026	Morgan Stanley	Angel Castillo	PT Raise	Overweight	$752→$761
Jul 14, 2026	Citigroup	Kyle Menges	PT Raise	Buy	$770→$790
Jul 2, 2026	Truist Securities	Jamie Cook	PT Raise	Buy	$815→$901
Jun 17, 2026	Wells Fargo	Jerry Revich	PT Raise	Overweight	$794→$874
Jun 8, 2026	UBS	Steven Fisher	Upgrade	Neutral→Buy	$565→$850
Jun 1, 2026	Argus Research	John Eade	PT Raise	Buy	$696→$770
May 26, 2026	Raymond James	Tim Thein	PT Raise	Outperform	$675→$745
May 7, 2026	Barclays	Adam Seiden	PT Raise	Overweight	$610→$760
May 6, 2026	JP Morgan	Tami Zakaria	PT Raise	Neutral	$600→$725
May 6, 2026	Citigroup	Kyle Menges	PT Raise	Buy	$710→$770
May 6, 2026	Morgan Stanley	Angel Castillo	PT Raise	Overweight	$675→$752