Citi cuts target for Cummins stock from USD 790.00 to USD 630.00

Published on 10/19/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cummins raised its quarterly dividend to USD 2.20 per share. Cummins stock costs EUR 479.15 on October 19, 2026 before November 5 results.

Analyst change and operating figures

Citi cut its Cummins target from USD 790.00 to USD 630.00 on October 12, 2026.
Second-quarter revenue reached USD 9.46 billion, up 9.40 percent year over year.
Cummins stock traded at EUR 479.15 at 9:20 a.m. CEST at Lang & Schwarz on October 19, 2026.

Isometrische 3D-Illustration der Maschinenbau-Wertschöpfungskette vom Lager bis zur Auslieferung — Cummins Inc. Wertschöpfungskette US2310211063 – isometrische 3D-Illustration des Motorenproduktionsprozesses von Lager bis Auslieferung, Illustration mit AI erstellt.

Cummins Inc. (ISIN US2310211063) was trading at EUR 479.15 at Lang & Schwarz on October 19, 2026 at 9:20 a.m. CEST. Citi cut its Cummins target from USD 790.00 to USD 630.00 on October 12, 2026, while keeping a Buy rating, according to MarketBeat. The change puts valuation and execution ahead of the company next quarterly report.

Citi target cut changes the debate

The revised USD 630.00 target is well below the former USD 790.00 level, but the Buy rating remained in place. Yahoo Finance also reported on October 16, 2026 that Barclays lowered its Cummins target from USD 760.00 to USD 675.00. The analyst reset makes the upcoming report important because the latest quarter combined revenue growth with an earnings shortfall.

Three dates define the stock

On June 24, 2026, Cummins agreed to supply about 2 gigawatts of natural-gas generation capacity for a Texas data-center project, as reported by Gekko. On August 4, 2026, Cummins reported second-quarter revenue of USD 9.46 billion, up 9.40 percent year over year, while earnings per share of USD 6.73 missed the USD 7.21 consensus, according to MarketBeat. Citi then reduced its target on October 12, 2026.

What does the target cut mean?

The central comparison is sales against profit conversion. Cummins generated USD 9.46 billion of second-quarter revenue and USD 932.0 million of net income, but the earnings-per-share miss shows that higher sales did not fully translate into forecast earnings. MarketBeat reported a USD 2.20 quarterly dividend, with the next payment scheduled for December 3, 2026.

Dates that matter next

Cummins is scheduled to report third-quarter 2026 results on November 5, 2026, before the US market opens, according to Sync2Cal. The November 20, 2026 record and ex-dividend date is the next shareholder date cited by MarketBeat.

Stock quote and valuation

Cummins shares are listed on the NYSE under ticker CMI. The market capitalization was USD 73.1 billion as of October 17, 2026, while the reported 52-week range was USD 405.82 to USD 737.76. The operating picture therefore combines a sizeable power-equipment business with a valuation debate sharpened by the latest analyst revisions.

The stock was trading at EUR 479.15 at Lang & Schwarz on October 19, 2026 at 9:20 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Cummins stock.