Truist cut target for Cummins stock from USD 894.00 to USD 779.00

Published on 10/12/2026 at 12:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 9.46 billion, up 9.40 percent year over year. Cummins stock costs EUR 468.45 on October 12, 2026 during trading.

Key points in brief

Truist cut its Cummins price target from USD 894.00 to USD 779.00 on October 5, 2026.
Second-quarter 2026 revenue rose 9.40 percent year over year to USD 9.46 billion.
Cummins stock was trading at EUR 468.45 at Lang & Schwarz on October 12, 2026.
Third-quarter 2026 results are scheduled for November 5, 2026.

Fotorealistisches Innenbild einer Dieselmotorenfabrik mit Montagelinie und Arbeitern in Schutzhelmen — Cummins Inc. Motorenmontage US2310211063 – fotorealistische Dieselmotorenfertigung in großer Industriehalle mit Montagelinie, Illustration mit AI erstellt.

Truist cut its Cummins price target from USD 894.00 to USD 779.00 on October 5, 2026, while keeping a Buy rating, according to Markets Insider. Cummins stock was trading at EUR 468.45 at Lang & Schwarz on October 12, 2026 at 12:35 p.m. CEST. The lower target puts analyst optimism beside a clear valuation reset.

Three dated milestones shape the story

On August 4, 2026, Cummins reported record second-quarter revenue of USD 9.46 billion, up 9.00 percent year over year, according to the Yahoo Finance transcript. On October 5, 2026, Truist reduced its target from USD 894.00 to USD 779.00 while maintaining Buy. On October 12, 2026, the euro quote stood at EUR 468.45 during Lang & Schwarz trading.

The second-quarter update also showed USD 932.00 million in net income and USD 6.73 in diluted earnings per share. Operating cash flow reached USD 1.50 billion, while management lifted full-year 2026 revenue growth guidance to 10.00 percent to 13.00 percent from 8.00 percent to 11.00 percent, according to Yahoo Finance.

What does the target cut mean?

The revised USD 779.00 target remains 48.85 percent above the USD 523.39 NYSE price recorded on October 9, 2026. Cummins also reported Power Systems revenue of USD 2.30 billion in the second quarter, up 19.00 percent year over year, as data-center demand supported generator sales.

The counterweight is execution risk. Cummins expects the transition to new North American truck engines to begin with limited production in January 2027, while warranty, research and development, tariff and incentive-compensation costs can pressure margins during the rollout. The earnings call described the transition as more gradual, but the company continues to operate in a cyclical truck market.

Next reporting date is November 5

Simply Wall St lists November 5, 2026 as Cummins' next reporting date for third-quarter results. That date gives investors a defined checkpoint for revenue growth, Power Systems capacity and the early effects of the engine transition.

Stock trades at EUR 468.45

Cummins was trading at EUR 468.45 at Lang & Schwarz on October 12, 2026 at 12:35 p.m. CEST. The current euro quote is presented without a daily percentage because the reference Xetra close is not included here. The further course of trading is shown by the continuously updated real-time quote of Cummins stock.