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Added to YB: 2025-05-29

Pitch date: 2025-05-27

CMI [bullish]

Cummins Inc.

+57.18%

current return

Author Info

No bio for this author

Company Info

Cummins Inc. offers various power solutions worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera.

Market Cap

$43.7B

Pitch Price

$324.51

Price Target

431.00 (-15%)

Dividend

2.29%

EV/EBITDA

8.90

P/E

15.78

EV/Sales

1.50

Sector

Machinery

Category

value

Show full summary:
Cummins Upgraded to Buy by Goldman Sachs, Price Target Increased to $431

CMI (upgrade): GS upgrade to Buy; structurally higher Power Systems profitability, derisked EPA 2027 expectations, and significantly reduced US truck demand (used sleeper inventory -30% YoY). Trading at 16x mid-cycle EPS est. $20.50, PT $431. Truck production bottom expected 4Q25/1Q26.

Read full article (1 min)