Where it trades today
trading 39% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Order-book quality, backlog conversion, and operating leverage usually tell you more than a single quarter of revenue growth.
- CMI trades at 27.2x earnings, well above the industrials average of 18.5x, so the market is already pricing in above-consensus execution.
- CMI carries a beta of 1.23, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- CMI remains in a bearish short-term trend and sits 27.9% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- CMI is more useful for investors comparing conviction names inside industrials than for someone looking for a passive “set and forget” holding.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in CMI.
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
Methodology
- Price, market cap, beta, yield, and liquidity fields for CMI come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Industrials so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as CAT, HON.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for CMI. Last refresh: Sep 18, 2026, 10:56 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as CAT, HON.
What Cummins Inc. does
Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; and on- and off-highway, and other products. The company also provides aftertreatment technology and solutions comprising custom engineering systems and integrated controls, oxidation catalysts, particulate filters, and selective catalytic reduction systems, as well as engineered components, including dosers; turbochargers, fuel systems, and valvetrain technologies; electronic control modules,…
Employees
67,400
Industry
Specialty Industrial Machinery
Headquarters
Columbus, United States
What analysts expect
CMI is tracked by 20 analysts, with an average price target of $757.02 versus $532.23 today (+42.2%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
CMI generated $34.71B in trailing revenue (9.4% year over year), with a 7.8% net margin, and $2.23B of free cash flow, against $4.36B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $33.67B | $8.52B | $3.87B | $2.84B | $20.62 | $2.39B |
| 2024 | $34.10B | $8.44B | $3.37B | $3.95B | $28.55 | $279.00M |
| 2023 | $34.06B | $8.25B | $1.28B | $735.00M | $5.19 | $2.75B |
| 2022 | $28.07B | $6.72B | $2.58B | $2.15B | $15.20 | $1.05B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
How it sits in industrials
Manufacturing, aerospace, defense, and infrastructure companies.
The companies it competes with
CMI beside the industrials names it is usually measured against.
What the chart is saying
Cummins Inc. trades at $532.23, 27.9% below its 52-week high. With a beta of 1.23, it shows more sensitivity to what the wider market does.
Questions people ask about it
Is CMI a good buy right now?
Cummins Inc. trades at 27.2x earnings. This is near market average. Current risk level is Medium based on 22.7% volatility.
Does CMI pay dividends?
Yes, Cummins Inc. offers a dividend yield of 1.68%. That is roughly $8.94 per share a year.
How volatile is CMI?
With 30-day annualized volatility of 22.7% and beta of 1.23, CMI is classified as Medium risk. Expect larger swings than the broader market during volatile periods.
What is the analyst price target for CMI?
The average analyst price target for Cummins Inc. (CMI) is $757.02 based on 20 analyst estimates, about 42.2% above the current price of $532.23. The published range runs from $530.00 to $894.00.
How much revenue does CMI generate?
Cummins Inc. reported $34.71B in trailing twelve-month revenue. Revenue growth is running at 9.4% year over year. Net margin sits at 7.8%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.