Cummins Inc. ($CMI) Stock Forecast: Up 5.9% 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 four segments: Engine, Distribution, Components, and Power Systems.

Why is Cummins Inc. going up?

CMI stock is up 5.9% on Mar 10, 2026 14:02

• Cummins Inc. ($CMI) experienced a strong bullish movement today.
• The bullish trend can be attributed to positive investor sentiment and confidence in the company's performance, as evidenced by significant investments from Mercuria Capital Strategies LLC, Fieldview Capital Management LLC, and PFG Advisors.
• The company's Q4 earnings exceeding analyst estimates, coupled with a quarterly dividend announcement of $2.00 per share, further fueled the bullish momentum.
• Despite a reduction in stake by a notable investor, the overall market sentiment remains optimistic, supported by a "Moderate Buy" consensus rating from analysts with an average price target of $588.93.

CMI Price Chart

CMI Technical Analysis

CMI News

Mercuria Capital Strategies LLC Invests $6.86 Million in Cummins Inc. $CMI

Mercuria Capital Strategies LLC has invested $6.86 million in Cummins Inc. (NYSE:CMI), acquiring 16,230 shares and making it their fifth-largest holding. Cummins exceeded Q3 earnings and revenue expectations, maintaining a "Moderate Buy" consensus from analysts with an average price target of $588.93. The company also pays a $2.00 quarterly dividend while institutional investors own a significant portion of its stock.

https://www.marketbeat.com/instant-alerts/filing-mercuria-capital-strategies-llc-invests-686-million-in-cummins-inc-cmi-2026-03-10/

Quanta Services (PWR) Receives a Hold from Bernstein

Bernstein analyst Chad Dillard assigned a Hold rating to Quanta Services (PWR) with a price target of $515.00, echoing a similar rating from Mizuho Securities. This comes despite TipRanks – xAI reiterating a Buy rating. Quanta Services recently reported strong quarterly revenues of $7.84 billion and a net profit of $315.5 million for the quarter ending December 31.

https://www.theglobeandmail.com/investing/markets/stocks/PWR-N/pressreleases/660587/quanta-services-pwr-receives-a-hold-from-bernstein/

Fieldview Capital Management LLC Acquires New Position in Cummins Inc. $CMI

Fieldview Capital Management LLC has acquired a new position in Cummins Inc. (NYSE:CMI) during the third quarter, purchasing 2,356 shares valued at approximately $995,000. Other institutional investors also adjusted their stakes in Cummins, which currently holds a "Moderate Buy" consensus rating from analysts with an average target price of $588.93. The article also details recent insider stock sales and the company's latest financial performance and dividend announcement.

https://www.marketbeat.com/instant-alerts/filing-fieldview-capital-management-llc-acquires-new-position-in-cummins-inc-cmi-2026-03-10/

Swiss National Bank Cuts Position in Cummins Inc. $CMI

Swiss National Bank reduced its stake in Cummins Inc. (NYSE:CMI) by 4.8% in Q3, now owning 397,078 shares valued at $167.7 million. Other institutional investors also adjusted their positions, while Wall Street analysts maintain a "Moderate Buy" rating for Cummins with an average target price of $588.93. The company reported strong Q4 earnings, surpassing analyst estimates, and announced a quarterly dividend of $2.00 per share.

https://www.marketbeat.com/instant-alerts/filing-swiss-national-bank-cuts-position-in-cummins-inc-cmi-2026-03-10/

PFG Advisors Acquires 1,860 Shares of Cummins Inc. $CMI

PFG Advisors has increased its stake in Cummins Inc. by 22.3%, purchasing an additional 1,860 shares to bring its total holdings to 10,217 shares, valued at approximately $4.32 million. This comes as Cummins exceeded Q3 earnings expectations, reporting an EPS of $5.81 and revenue of $8.54 billion. Analysts currently hold a "Moderate Buy" consensus for the stock, with an average price target of $588.93, while the company also pays a quarterly dividend of $2.00.

https://www.marketbeat.com/instant-alerts/filing-pfg-advisors-acquires-1860-shares-of-cummins-inc-cmi-2026-03-10/

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Cummins Inc. Price History

06.01.2026 - CMI Stock was up 5.0%

• Cummins' bullish movement today can be attributed to:
• Expectations of a stronger pre-buy of heavy-duty trucks in late 2026 due to impending 2027 EPA emissions regulations, indicating potential future demand growth.
• Bernstein SocGen raising the stock price target to $600 based on strong fourth-quarter earnings, despite a post-earnings drop, showcasing confidence in the company's performance.
• Strong financial results for Q4 and full-year 2025, driven by high demand in global power generation and improved pricing, hinting at the company's ability to navigate market challenges effectively.
• Institutional investors adjusting their positions in Cummins, with IQ EQ FUND MANAGEMENT IRELAND Ltd reducing its stake, possibly influencing short-term market dynamics but not overshadowing positive long-term prospects.

06.10.2025 - CMI Stock was up 10.3%

• Cummins Inc. (CMI) reported strong quarterly earnings, surpassing expectations with $4.81 per share on revenue of $7.97 billion, leading to a positive impact on its stock performance.
• The company has outperformed the market by 2.89% annually over the past decade, boasting a market capitalization of $59.43 billion, influencing investor confidence and contributing to the recent bullish trend in its stock.
• The robust earnings report and the company's strong market performance in the long term have instilled optimism in investors, potentially driving the bullish movement in Cummins' stock.

06.10.2025 - CMI Stock was up 6.4%

• A strong bullish movement was observed in Cummins Inc. (CMI) today, following the release of their third-quarter 2025 results that exceeded expectations, highlighting the company's strength amidst soft truck demand and a robust data center power market.
• The positive earnings report likely boosted investor confidence, resulting in a significant uptick in the stock price.
• Cummins' consistent outperformance of the market by 2.89% annually over the past decade, along with its ability to deliver steady returns, may have contributed to the optimistic sentiment among investors.
• Overall, Cummins' impressive performance, both in terms of financial results and long-term market success, propelled its stock on a bullish trajectory today.

09.09.2025 - CMI Stock was down 2.2%

• The bearish movement in Cummins Inc. (CMI) stock today could be attributed to the following factors:
• Cummins underperforming compared to its peers in the auto-tires-trucks sector.
• Potential concerns about the company's financial performance or outlook.
• Negative sentiment impacting the entire sector, dragging down Cummins' stock price.
• Technical factors triggering a sell-off in the stock.

10.11.2025 - CMI Stock was up 3.8%

• An upward adjustment of Cummins' price target to $580 by Citigroup, coupled with a Buy rating, indicates a positive outlook on the company's future performance, contributing to the bullish movement in the stock.
• State Street Corp, iSAM Funds UK Ltd, Jump Financial LLC, and California Public Employees Retirement System all significantly increasing their stakes in Cummins during the second quarter signals strong institutional confidence in the company's growth prospects and financial health.
• The strong Q2 earnings report by Cummins, which surpassed analyst estimates for both EPS and revenue, likely further fueled investor optimism and contributed to the bullish market movement.
• Overall, the combination of positive analyst ratings, institutional investments, and strong financial performance has likely propelled Cummins' stock to a bullish trajectory today.

06.02.2026 - CMI Stock was down 5.1%

• A reduction in Cummins Inc. shares by Victory Capital Management Inc. may suggest wavering confidence in the company's future, contributing to a downward trend.
• Concerns about inflation following a spike in crude oil prices may be driving the decrease in Cummins' stock value, affecting its overall worth and investor confidence.
• The recent approval of a class action settlement for Cummins Inc. purchasers has introduced uncertainty and pessimism surrounding the stock, potentially fueling the bearish movement.
• Despite the recent stock downturn, the collaboration between Cummins and Scania to develop advanced fuel systems could serve as a positive growth catalyst in the long run, potentially offsetting the current downward trend.

09.02.2026 - CMI Stock was up 5.1%

• A company in the auto components industry revised its stock evaluation score, showing strong fundamentals, which may have positively impacted Cummins Inc.
• Institutional investors increased their stakes in Cummins Inc., indicating confidence in the company's growth potential amid market volatility.
• Despite a decrease in stock position from one investor, the overall increase in holdings by others and positive analyst ratings with high price targets suggest a favorable outlook for the company.
• Quarterly earnings exceeding estimates, an annualized dividend declaration, and insider stock transactions contributed to a positive sentiment around Cummins Inc., influencing the bullish market movement today.

05.01.2026 - CMI Stock was down 11.0%

• Today, the decrease in Cummins Inc. (CMI) stock value could be linked to several factors:
• The decision by Cummins to halt new commercial initiatives in its electrolyzer division, facing a substantial charge due to market challenges and uncertainty around future hydrogen production incentives, possibly raised apprehensions about the company's diversification approach among investors.
• While the company foresees revenue growth in 2026 fueled by high demand for data-center backup power, unclear prospects in truck and components sales might have played a role in creating negative market sentiments.
• A proposed class action settlement notification by The Rosen Law Firm, P.A. may have contributed to investor unease, potentially impacting the stock price in an adverse manner.
• The stock market's varied reaction to Cummins' better-than-anticipated sales in Q4 CY2025, leading to a minor stock decrease despite strong sales, could have also influenced the downward trend witnessed today.

05.01.2026 - CMI Stock was down 6.8%

• The bearish movement observed in Cummins Inc. (CMI) stock is influenced by the company's decision to cease new commercial efforts in its electrolyzer division, resulting in a significant charge. This development comes amidst softer markets and a lack of clear prospects for hydrogen production incentives.
• Despite posting strong Q4 results and sales surpassing expectations, the stock saw a decline, possibly due to a mixed reaction from the market towards the results and falling short of GAAP EPS projections.
• Investors are keeping a close watch on whether the robust demand from data-center backup power can counterbalance weaker sales in other segments, as indicated by the company's forecasted revenue growth for 2026.
• The announcement of a proposed class action settlement by The Rosen Law Firm, P.A. has introduced additional uncertainty and negative sentiment surrounding the stock, contributing to the downward trend.

05.01.2026 - CMI Stock was down 9.2%

• Despite strong fourth-quarter results and exceeding Wall Street expectations, Cummins' stock faced a decline, signaling a mixed market response.
• The Q4 CY2025 sales outperforming predictions, particularly due to increased demand from AI data centers, were offset by a slight decrease in GAAP EPS, contributing to the bearish movement in the stock.
• Cummins' strategic decision to prioritize data center demand over new commercial endeavors in the electrolyzer business demonstrated adaptability, though the market's response may have been adverse considering the impact on full-year results.
• The company's forecast of revenue growth for 2026, expecting a rebound in truck markets alongside sustained data center strength, offers a favorable outlook notwithstanding the current downtrend.

29.09.2025 - CMI Stock was up 5.3%

• Cummins (CMI) is expected to beat earnings estimates, sparking a positive trend in the stock price.
• The upbeat outlook for earnings reflects strong performance and growth potential for the company.
• Investor sentiment is optimistic about Cummins' financial results, driving the stock price higher in anticipation of positive developments.
• The market response indicates investor confidence in Cummins' strategies and market position, prompting increased buying activity and driving the stock price up.

10.02.2026 - CMI Stock was up 5.9%

• Cummins Inc. ($CMI) experienced a strong bullish movement today.
• The bullish trend can be attributed to positive investor sentiment and confidence in the company's performance, as evidenced by significant investments from Mercuria Capital Strategies LLC, Fieldview Capital Management LLC, and PFG Advisors.
• The company's Q4 earnings exceeding analyst estimates, coupled with a quarterly dividend announcement of $2.00 per share, further fueled the bullish momentum.
• Despite a reduction in stake by a notable investor, the overall market sentiment remains optimistic, supported by a "Moderate Buy" consensus rating from analysts with an average price target of $588.93.