Citi cuts Cummins stock target from USD 790.00 to USD 630.00

Published on 10/14/2026 at 09:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citi kept a Buy rating as it cut its target to USD 630.00 on October 12, 2026. Cummins stock costs EUR 473.25 on October 14, 2026.

Analyst target and reporting dates

Citi cut its Cummins target from USD 790.00 to USD 630.00 on October 12, 2026.
Second-quarter 2026 revenue reached USD 9.46 billion, up 9.40 percent year over year.
Cummins stock was at EUR 473.25 at 9:30 a.m. CEST at Lang & Schwarz on October 14, 2026.

Schwarz-Weiß-Reportagefoto einer Flotte schwerer LKW auf industriellem Außengelände bei Gegenlicht — Cummins Inc. LKW-Flotte US2310211063 – dokumentarisches Schwarzweiß-Bild schwerer Nutzfahrzeuge auf industriellem Außengelände, Illustration mit AI erstellt.

Cummins Inc. (ISIN US2310211063) was at EUR 473.25 at Lang & Schwarz on October 14, 2026 at 9:30 a.m. CEST. On October 12, 2026, Citi cut its Cummins target from USD 790.00 to USD 630.00 while keeping a Buy rating, according to Markets Insider.

Three events reset expectations

On August 4, 2026, Cummins reported second-quarter revenue of USD 9.46 billion, up 9.40 percent from the same period a year earlier, while earnings per share reached USD 6.76 versus USD 6.46 in the second quarter of 2025, according to Simply Wall St. On October 5, 2026, Truist cut its target from USD 894.00 to USD 779.00, according to Gekko. Citi's October 12 decision was the latest of the three and leaves the USD 630.00 target materially below the earlier USD 790.00 level.

What does the cut change?

The target reduction puts valuation discipline ahead of the company's recent revenue momentum. Second-quarter revenue rose 9.40 percent year over year, but the same period also showed earnings per share of USD 6.76, giving investors two different signals from the latest reported quarter.

Cummins' upcoming calendar adds a near-term test. The company is scheduled to report third-quarter 2026 results on November 5, 2026, according to Simply Wall St. Separately, Cummins declared a USD 2.20 quarterly dividend on October 13, 2026, payable on December 3, 2026, to shareholders of record on November 20, 2026, according to Cummins Inc.

Stock remains below its yearly high

On the NYSE, Cummins had a market capitalization of USD 73.0 billion and a 52-week range of USD 405.82 to USD 737.76 as of October 13, 2026. The range places the latest US-market quotation below the yearly high, while the latest European indication remains the key reference for German investors.

Price and upcoming dates

At Lang & Schwarz, Cummins stock was trading at EUR 473.25 on October 14, 2026 at 9:30 a.m. CEST. The next dated company events are the third-quarter results on November 5, 2026 and the dividend record date on November 20, 2026. The further course of trading is shown by the continuously updated real-time quote of Cummins stock.