CMI Stock Price Today (October 2026) — Cummins Inc. Analysis & Key Metrics 2026-10-21
Cummins Inc. (CMI) is trading at $536.22, up 2.70% today (as of October 2026). The stock continues to show early recovery signs above the short-term average, attracting attention from investors looking for Industrials growth opportunities.
- According to consensus analyst estimates, the 1-year price target is $721.14 (34.5% upside).
- Volatility is low (21.91% annualized), implying relatively contained price movements for short-term traders.
- The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (9.40% YoY) alongside competitive pressures in the Specialty Industrial Machinery space.
CMI Stock Analysis: Key Metrics & Valuation (October 2026)
Concise, actionable data for investors
Cummins Inc. - Historical Price & Volume
- Price
- Volume
- Latest price
Market Cap
Enterprise Value: $78.18B
P/E Ratio
Forward P/E: 16.36
Revenue Growth
Year over Year
Analyst Target
+34.5% upside potential
Key Investor Questions About CMI
What investors need to know before buying
Based on current market data, CMI presents a neutral technical setup with looking solid fundamentals.
- Technicals say: Neutral (RSI 58.90)
- Fundamentals say: Looking solid (debt and growth supportive)
CMI's growth trajectory depends on its ability to expand within the Specialty Industrial Machinery sector while managing margin pressures.
- Future growth will depend on performance in core Specialty Industrial Machinery operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
The primary risks for CMI investors include debt exposure and competitive dynamics in the Specialty Industrial Machinery industry.
- $8.29B in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Specialty Industrial Machinery.
52-Week Trading Range
Over the past year, CMI stock traded between $405.82 and $737.76 and currently trades in the middle of that range. Big swings are less likely unless a major catalyst emerges.
Volatility & Risk Profile
With 21.91% annualized volatility and β=1.57, the stock exhibits high sensitivity to market moves—making CMI suitable for investors comfortable with active risk management.
Institutional & Insider Ownership
High institutional ownership with low short interest suggests steadier hands and low immediate risk.
Analyst Sentiment & Price Targets
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Latest TickZen Insights
All insights →No TickZen article on CMI yet. Our newest analysis:
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Frequently Asked Questions
Common investor questions about Cummins Inc.
Cummins Inc. (CMI) is currently trading at $536.22. The RSI (14-day) is at 58.9, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $721.14 implies 34.5% upside from current levels. Volatility is moderate at 21.9% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for Cummins Inc. (CMI): The trailing P/E ratio is 28.51, which is in line with broader market averages. The forward P/E is 16.36, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 1.30, near 1.0, suggesting roughly fair value relative to growth. Price-to-Book is 5.97. Price-to-Sales is 2.21. Valuation should be compared to Specialty Industrial Machinery industry peers for context, as different sectors trade at different multiples.
Based on 19 analysts covering CMI, the consensus price target is $721.14. This represents a 34.5% upside from the current price of $536.22. The range spans from a low target of $530.00 to a high target of $890.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
Yes, Cummins Inc. (CMI) pays a dividend with a current yield of approximately 1.66%. The annualized dividend rate is $8.00 per share. The payout ratio is 40.9%, which is conservative and suggests the dividend is well-covered by earnings with room for future increases. The most recent ex-dividend date was Nov 20, 2026.
Key risks for Cummins Inc. (CMI) investors include: 1. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 2. Specialty Industrial Machinery sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is Cummins Inc.'s (CMI) current debt and financial health profile: Total debt stands at $8.29B. The debt-to-equity ratio is 0.60x, which is moderate and generally manageable for most companies. The current ratio is 1.73, indicating strong short-term liquidity. The quick ratio is 0.99. The company holds $3.92B in cash and equivalents. Free cash flow is positive at $2.23B, providing a cushion for debt servicing and shareholder returns.