On July 11, 2025, Baird analyst David Leiker announced an update concerning Cummins Inc. (CMI, Financial), maintaining a "Neutral" rating while adjusting the price target. This update reflects a significant change, with the price target (PT) being raised from USD 315.00 to USD 355.00.
The adjustment represents a 12.70% increase in the target price, indicating a positive outlook despite the unchanged rating. This move by analyst David Leiker highlights a reassessment of Cummins Inc.'s future market position and valuation.
Investors tracking Cummins (CMI, Financial) should note this update in anticipation of strategic developments that may influence the company's potential growth in the coming period. The current analysis by Baird suggests maintaining the present stance but with a revised financial target, reflecting growing optimism in the company's future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Cummins Inc (CMI, Financial) is $360.29 with a high estimate of $460.00 and a low estimate of $260.00. The average target implies an upside of 5.96% from the current price of $340.03. More detailed estimate data can be found on the Cummins Inc (CMI) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Cummins Inc's (CMI, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cummins Inc (CMI, Financial) in one year is $301.00, suggesting a downside of 11.48% from the current price of $340.03. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cummins Inc (CMI) Summary page.
