Barclays cuts target for Cummins stock from USD 760.00 to USD 675.00

Published on 10/20/2026 at 10:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cummins declares a USD 2.20 dividend payable December 3, 2026. Cummins stock costs EUR 465.05 on October 20, 2026.

Analyst pressure and company dates

Barclays cut its Cummins target from USD 760.00 to USD 675.00 on October 19, 2026.
Cummins reported USD 9.46 billion in second-quarter revenue, up 9.40 percent year over year.
Cummins stock trades at EUR 465.05 at 10:32 a.m. CEST at Lang & Schwarz on October 20, 2026.

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Cummins Inc. (ISIN US2310211063) was trading at EUR 465.05 at Lang & Schwarz on October 20, 2026, at 10:32 a.m. CEST. On October 19, 2026, Barclays cut its price target for Cummins from USD 760.00 to USD 675.00 while keeping an Overweight rating, as MarketBeat reported. The revision puts analyst expectations under pressure ahead of the next results.

Three dates frame the debate

On August 4, 2026, Cummins reported second-quarter revenue of USD 9.46 billion and earnings per share of USD 6.73, while the consensus estimate for earnings per share was USD 7.21, according to MarketBeat. On October 13, 2026, the board declared a quarterly dividend of USD 2.20 per share, payable December 3, 2026, to shareholders of record on November 20, 2026, according to Cummins. Barclays' target reduction on October 19, 2026 is the latest of the three events.

What does the target cut leave?

The operating picture is mixed. Second-quarter revenue rose 9.40 percent year over year to USD 9.46 billion, but earnings per share of USD 6.73 missed the USD 7.21 consensus estimate. The same report said revenue exceeded the USD 9.33 billion estimate, creating a contrast between sales momentum and profit delivery.

MarketBeat said Cummins had a USD 72.4 billion market capitalization and a USD 407.57 to USD 737.76 52-week range on October 19, 2026. The primary listing is on the NYSE, where the stock stood at USD 525.83 during trading on that date. The next reporting date is November 5, 2026, while the dividend record date is November 20, 2026, according to Simply Wall St.

Price stays central before results

For investors, the key test is whether stronger revenue can translate into earnings that support the current valuation. Cummins' power-generation demand and dividend provide support, while the earnings miss and successive target reductions keep the risk discussion active. Cummins stock was trading at EUR 465.05 at Lang & Schwarz on October 20, 2026, at 10:32 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Cummins stock.