Cummins Inc. ($CMI) Stock Forecast: Up 5.2% Today

What is Cummins Inc.?

Cummins Inc. (CMI) is a global power leader that designs, manufactures, distributes, and services engines and related technologies. The company operates through segments like Engine, Distribution, Components, Power Systems, and Accelera.

Why is Cummins Inc. going up?

CMI stock is up 5.2% on Jun 17, 2026 14:55

• Cummins Inc. (CMI) experienced a strong bullish movement today, likely driven by several factors:
• A retrospective analysis showing a significant return on investment over the past decade, outperforming the S&P 500 and gold, could have attracted investors seeking long-term growth opportunities.
• The acquisition of a new stake by Fullerton Fund Management Co Ltd. and other institutional investors increasing their holdings may have instilled confidence in the company's future prospects.
• The company's equity buyback program closing successfully with a significant repurchase of shares could have signaled to the market that Cummins views its stock as undervalued.
• The information of Cummins supplying natural gas generators for data centers in West Texas highlights the company's commitment to innovative and sustainable solutions, potentially boosting investor sentiment towards its future growth potential in the energy sector.

CMI Price Chart

CMI Technical Analysis

CMI News

Here's How Much You'd Have If You Invested $1000 in Cummins a Decade Ago

This article examines the hypothetical return on a $1000 investment in Cummins (CMI) made ten years ago. It details Cummins' business segments, including Engine, Distribution, Components, Power Systems, and Accelera, highlighting recent acquisitions and strategic growth drivers. The article concludes that such an investment would now be worth $6,175.30, outperforming the S&P 500 and gold, and emphasizes analysts' continued bullish outlook for CMI.

https://sg.finance.yahoo.com/news/heres-much-youd-invested-1000-123003599.html

Fullerton Fund Management Co Ltd. Purchases New Stake in Cummins Inc. $CMI

Fullerton Fund Management Co Ltd. recently acquired a new stake in Cummins Inc. (NYSE:CMI) during the fourth quarter, purchasing 1,452 shares valued at approximately $741,000. Institutional ownership of Cummins stands at 83.46%, with several other hedge funds also adjusting their holdings. Analysts have given Cummins a "Moderate Buy" rating with a consensus target price of $726.14, following strong quarterly results that exceeded expectations.

https://www.marketbeat.com/instant-alerts/filing-fullerton-fund-management-co-ltd-purchases-new-stake-in-cummins-inc-cmi-2026-06-17/

Zacks.com featured highlights include Costco Wholesale, Cummins and Kennametal

Zacks Equity Research highlights Costco Wholesale (COST), Cummins (CMI), and Kennametal (KMT) as top stock picks based on earnings acceleration. The article explains how earnings acceleration can precede stock price gains and identifies these three companies as showing strong growth in this metric. It details each company's profile, Zacks Rank, and expected earnings growth rate for the current year.

https://sg.finance.yahoo.com/news/zacks-com-featured-highlights-costco-065500695.html

Cummins Inc.'s Equity Buyback announced on December 10, 2019, has closed with 405,289 shares, representing 0.29% for $217.63 million.

Cummins Inc. has successfully completed its equity buyback program, which was originally announced on December 10, 2019. The company repurchased 405,289 shares, accounting for 0.29% of its equity, at a total cost of $217.63 million. The plan officially closed in March 2026.

https://www.marketscreener.com/news/cummins-inc-s-equity-buyback-announced-on-december-10-2019-has-closed-with-405-289-shares-repres-ce7f5cdadd8af320

Cummins to Supply Natural Gas Generators for West Texas Data Centers

Cummins Inc. will provide natural gas generators for new large-scale data centers in West Texas. This initiative aims to supply continuous power to meet the high electricity demands of data center operations, addressing regional grid stability concerns. By utilizing natural gas-powered technology for on-site generation, the project supports sustainable energy infrastructure for high-density computing environments.

https://www.geneonline.com/cummins-to-supply-natural-gas-generators-for-west-texas-data-centers/

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Cummins Inc. Price History

30.03.2026 - CMI Stock was up 5.1%

• Despite some institutional investors decreasing their stakes in Cummins Inc., the overall market sentiment towards the company remains bullish.
• The stock experienced a strong bullish movement today, possibly fueled by the increased stakes from other institutional investors.
• The upcoming Q1 2026 earnings release scheduled for May 1, 2026, may have also contributed to the positive market movement as investors anticipate positive results.
• The broader market decline seems to have had a limited impact on Cummins Inc.'s stock, indicating the resilience of the company amidst market volatility.

30.03.2026 - CMI Stock was up 5.0%

• Cummins Inc. stock had a strong bullish movement today, despite recent insider selling and a slight decrease in holdings by institutional investors.
• The bullish trend could be attributed to the positive market reception of Cummins' high-pressure CNG fuel system showcased at ACT Expo 2026, signaling potential growth opportunities in the North American heavy-duty fleets market.
• The upcoming Q1 2026 earnings release scheduled for May 1, 2026, might have also generated investor optimism, driving the stock price higher.
• Despite the market pullback affecting Cummins' stock previously, the company's strategic positioning in U.S. manufacturing and transportation sectors could have contributed to today's bullish momentum.

21.04.2026 - CMI Stock was down 4.6%

• An increase in stake by ProShare Advisors LLC in Cummins Inc. highlights confidence following strong quarterly earnings and a dividend announcement. However, concerns were noted as insiders sold shares, impacting investor sentiment.
• Banque Cantonale Vaudoise reduced its stock position in Cummins Inc., amidst other institutional investors making varied changes, adding selling pressure to the stock.
• Cummins Inc.'s positive outlook on Power Systems and record profitability in that segment might have been overshadowed by concerns in the North American truck markets and insider selling, contributing to a bearish movement in the stock.
• Despite outperforming competitors previously, profit-taking by investors, especially with positive movements in the broader market, may have led to the bearish trend today.

02.05.2026 - CMI Stock was up 5.8%

• Today, Cummins Inc. (CMI) experienced a strong bullish movement, and here's why:
• Despite one institutional investor selling a portion of its stake in Cummins, other institutional investors have shown interest in the company, with another institution even raising the stock price target to $770 based on strong earnings.
• The company's updated 2030 revenue forecast and plans for a new natural gas engine for the data center prime power market have generated optimism among investors.
• Even though there are legal challenges looming, such as a recent misappropriation of trade secrets verdict, the overall market sentiment remains positive due to Cummins exceeding quarterly earnings and revenue expectations.
• Analysts maintaining a "Moderate Buy" rating and an average target price of $700.50 further support the bullish movement of Cummins stock.

08.03.2026 - CMI Stock was up 7.3%

• Cummins (CMI) stock demonstrated a robust upward trend today.
• This positive movement can be linked to the strong performance during the Q4 earnings season, which exhibited revenue growth surpassing analyst predictions.
• The heavy transportation equipment sector's overall solid performance, despite economic shifts and interest rate influences, likely supported the positive sentiment surrounding Cummins.
• Investor confidence may stem from Cummins' strategic expansion efforts into lower-carbon solutions and exploration of new market segments, signaling potential future growth and resilience to economic fluctuations.

06.04.2026 - CMI Stock was up 5.0%

• An increased price target and "overweight" rating on Cummins stock by Wells Fargo, subsequent to the company's strong Q1 performance and raised revenue outlook, likely contributed to the bullish movement.
• Cummins' upward revision of its 2026 revenue guidance, attributed to demand for data center backup power and advancements in the North America truck markets, offered a positive outlook for investors.
• Initially causing some concerns, the announcement of the closure of Cummins' warehouse and layoffs was overshadowed by the market's focus on the company's overall performance and growth prospects.
• Despite lagging behind its competitors, Cummins' stock witnessed a substantial increase, potentially influenced by the broader market's positive trading session and investor confidence in the company's strategic direction and product innovations.

17.05.2026 - CMI Stock was up 5.2%

• Cummins Inc. (CMI) experienced a strong bullish movement today, likely driven by several factors:
• A retrospective analysis showing a significant return on investment over the past decade, outperforming the S&P 500 and gold, could have attracted investors seeking long-term growth opportunities.
• The acquisition of a new stake by Fullerton Fund Management Co Ltd. and other institutional investors increasing their holdings may have instilled confidence in the company's future prospects.
• The company's equity buyback program closing successfully with a significant repurchase of shares could have signaled to the market that Cummins views its stock as undervalued.
• The information of Cummins supplying natural gas generators for data centers in West Texas highlights the company's commitment to innovative and sustainable solutions, potentially boosting investor sentiment towards its future growth potential in the energy sector.

06.04.2026 - CMI Stock was up 6.1%

• Cummins Inc. experienced a strong bullish movement today, with its stock rising by 2.76% despite underperforming its competitors.
• The increase in Cummins' stock price can be attributed to the company's raised revenue guidance for 2026, driven by strong first-quarter results and increased demand for data center backup power and improvements in the North America truck markets.
• The closure of Cummins' Indianapolis Regional Distribution Center and the resulting layoffs may have signaled to investors the company's strategic focus on operational efficiency and cost management, potentially positively impacting its financial outlook.
• The market's positive response to Cummins' financial performance and strategic decisions, amidst a broader favorable trading session, reflects investor confidence in the company's growth prospects and ability to navigate market challenges effectively.

10.05.2026 - CMI Stock was down 5.0%

• The bearish movement in Cummins Inc. (CMI) today could be attributed to a combination of factors:
• Despite positive news of opening a new location in Athens, Alabama, and strong quarterly results with increased dividends, insider selling by executives and reduction in stakes by some institutional investors might have raised concerns among traders.
• A significant increase in stock position by an investment management firm could have initially boosted confidence, but the subsequent insider selling and reduction in stakes by other firms may have led to a shift in sentiment.
• Overall, the mixed signals from different institutional investors and the market's reaction to these movements could have contributed to the bearish trend in Cummins Inc.'s stock price today.

17.03.2026 - CMI Stock was up 5.6%

• Cummins stock surged to an all-time high of $621 USD, reflecting a remarkable 120% increase over the past year, driven by various growth catalysts such as cyclical recovery and data center expansion.
• Despite some institutional investors reducing their stakes in Cummins, the overall market sentiment remains positive, with recent earnings beats and analyst upgrades contributing to the stock's bullish momentum.
• The unveiling of the innovative Meritor RT-160 HE tandem drive axle, designed for heavy linehaul applications, likely added to investor optimism and confidence in Cummins' future growth prospects.
• Cummins' ability to outperform competitors on a strong trading day, despite some insider selling activities, underscores the market's confidence in the company's performance and strategic direction.

21.04.2026 - CMI Stock was down 5.1%

• Cummins Inc. raised its 2030 financial targets and announced large-engine capacity and product investments, signaling a strategic move towards profitable growth and increased shareholder returns.
• Despite positive announcements, Cummins shares slid 4.6% as investors digested Analyst Day updates and re-evaluated near-term demand mix, possibly influenced by profit-taking after recent revenue guidance raises.
• The bearish movement in CMI stock could also be attributed to broader market trends, such as rising Treasury yields and oil prices impacting the S&P 500, leading to a shift towards necessity-based spending and concerns about consumer health.
• Insider selling activities and increased institutional ownership, like ProShare Advisors LLC's stake increase, may have added to the downward pressure on Cummins stock amidst the market volatility.

12.05.2026 - CMI Stock was up 5.0%

• Cummins Inc. (CMI) had a strong upward movement today, closing at $655.69, up 3.99%.
• This positive momentum can be linked to Cummins' recent robust quarterly results, surpassing EPS and revenue expectations, and declaring a quarterly dividend of $2.00 per share.
• Although Cummins outperformed its competitors, there is noted potential for improvement in the future.
• Market sentiment was optimistic towards Cummins, particularly when compared to Caterpillar, which experienced a significant decline from its peak due to concerns regarding interest rates and valuation. This scenario may have led investors towards Cummins due to its strong performance and dividend announcement.