Cummins stock: Citi cuts target from USD 790.00 to USD 630.00 for Cummins stock
Published on 10/19/2026 at 16:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Citi cut its Cummins target from USD 790.00 to USD 630.00 on October 12, 2026.
- Cummins next reports third-quarter results on November 5, 2026.
- Cummins stock costs EUR 468.40 at Lang & Schwarz on October 19, 2026 at 4:31 p.m. CEST.
- Cummins had a P/E ratio of 26.89 and a market capitalization of USD 72.1 billion on October 19, 2026.
Citi cut its Cummins Inc. target from USD 790.00 to USD 630.00 on October 12, 2026, while keeping a Buy rating. The target is 20.31 percent above the USD 523.65 primary-market price at the time of the quote. Cummins stock was trading at EUR 468.40 at Lang & Schwarz on October 19, 2026 at 4:31 p.m. CEST.
Results date brings a new test
Cummins next reports third-quarter results on November 5, 2026, according to Yahoo Finance. The calendar lists consensus earnings per share of USD 8.28 for the announcement. That date gives investors a defined checkpoint after the recent target reductions.
Stock stays below its yearly high
The primary-market price of USD 523.65 on October 19, 2026 was 29.02 percent below the 52-week high of USD 737.76 and 28.61 percent above the low of USD 407.57. Cummins traded within a day range of USD 523.38 to USD 536.15, while volume stood at 220,705 shares against an average of 1,050,731.
Valuation remains tied to earnings
Cummins had a market capitalization of USD 72.1 billion and a P/E ratio of 26.89 on October 19, 2026. Its trailing dividend yield was 0.02 percent. The company is listed as NYSE:CMI by 6ix, which also identifies Industrials as its sector and machinery and industrial equipment as its industry.
Comparison with peers
Cummins Inc. (NYSE, USD): P/E 26.89, market capitalization USD 72.1 billion
Caterpillar Inc. (NYSE, USD): minus 0.72 percent, P/E 31.18, market capitalization USD 332.8 billion
Deere & Company (NYSE, USD): minus 1.99 percent, P/E 35.05, market capitalization USD 169.6 billion
What the next figures can change
The November 5 report will put the USD 8.28 earnings-per-share expectation against Cummins' latest operating picture. For the second quarter of 2026, revenue was USD 9.46 billion, net income attributable to common shareholders was USD 932.0 million, and operating margin was 14.00 percent.
Price stays the market frame
Cummins stock was trading at EUR 468.40 at Lang & Schwarz on October 19, 2026 at 4:31 p.m. CEST. The price remains the clearest live reference for German investors, while the November reporting date and the revised USD 630.00 target provide the next measurable checkpoints.
The further course of trading is shown by the continuously updated real-time quote of Cummins stock.
Cummins stock market data
- Company: Cummins Inc.
- ISIN: US2310211063
- Ticker: CMI
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 4:31 p.m. CEST): EUR 468.40
- Market capitalization: USD 72.1 billion (as of October 19, 2026)
- 52-week range: USD 407.57-737.76 (as of October 19, 2026)
- Sector / Industry: Industrials / Machinery and industrial equipment
- Next earnings date: November 5, 2026
Market context: Market report S&P 500.
