Cummins (CMI)
NYSEIndustrialsSpecialty Industrial MachinerySnapshot 2026-07-08
$669.11+1.36%
Close 2026-07-08 · 1-day change
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Track CMI free→Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Construction Machinery & Heavy Transportation Equipment is in contraction. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Cummins' growth depends on its ability to increase revenue by 8% to 11% in 2026. Recent earnings showed a miss of 15% compared to expectations. It trades at 33× P/E, which is 1.4× the peer median of 24.2×. The market is pricing in more growth than is likely. If Cummins cuts guidance after raising it, that could hurt credibility. Peer multiples imply a price about 37% below where it trades. This read is provisional.
Trailing returns as of 2026-07-08. CMI is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 22 analysts currently covering CMI (as of Jul 2026).
Based on 9 Wall Street analysts offering 12-month price targets for CMI in the last 4 months.
A consensus fair price across 13 valuation methods, at three horizons. Current price $669.11. As of 2026-07-08. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Construction Machinery & Heavy Transportation Equipment — fair value, gap to price, and forward P/E.
Advances: Increase revenue by 8% to 11% in 2026
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-07-08. EPS is implied from price ÷ P/E. Not investment advice.
Current $669.11
The last 12 months of price, then the range of analyst 12-month targets from today’s $669.11.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
New system supports revenue growth and sustainability goals.
Advances: Increase revenue by 8% to 11% in 2026
Increased power demand supports revenue growth objectives.
Advances: Increase revenue by 8% to 11% in 2026
Investment in green tech supports revenue growth objectives.
Middle East conflict may impact export revenue growth.
Middle East conflict may impact export revenue growth.
Increased competition threatens Cummins' market share and revenue growth.
Recall may impact revenue and margins.
Advances: Increase revenue by 8% to 11% in 2026
Revenue guidance increase supports growth objective.