BofA keeps Cummins stock Neutral as 2026 guidance rises

Published on 10/09/2026 at 16:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 9.40 percent to USD 9.46 billion. Cummins stock costs EUR 464.25 on October 9, 2026 versus EUR 462.80 prior close.

Key points in brief

BofA Securities kept a Neutral stance on Cummins on September 23, 2026, while 2026 revenue guidance stands at 10.00-13.00 percent growth.
Second-quarter 2026 revenue rose 9.40 percent to USD 9.46 billion, while adjusted earnings per share missed consensus.
Cummins stock was trading at EUR 464.25 at Lang & Schwarz on October 9, 2026, plus 0.31 percent versus EUR 462.80.

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Cummins raised its full-year 2026 revenue growth guidance to 10.00-13.00 percent from 8.00-11.00 percent, while BofA Securities kept a Neutral stance on September 23, 2026, according to MarketScreener. Cummins stock was trading at EUR 464.25 at Lang & Schwarz on October 9, 2026 at 4:16 p.m. CEST, plus 0.31 percent versus the EUR 462.80 prior close.

Three dated events shape the picture

On August 4, 2026, Cummins reported second-quarter revenue of USD 9.46 billion, up 9.40 percent year over year, while adjusted earnings per share came in at USD 6.94 versus a USD 7.33 consensus estimate, according to MarketBeat. On August 11, 2026, Evercore ISI cut its price target from USD 845.00 to USD 782.00 while keeping an Outperform rating, as reported by MarketScreener. On September 23, 2026, BofA Securities kept Cummins at Neutral, according to MarketScreener.

What does the outlook mean for margins?

The revised revenue outlook is paired with full-year 2026 earnings before interest, taxes, depreciation and amortization margin guidance of 18.00-18.50 percent, versus a previous 17.75-18.50 percent range. Zacks attributed the revised outlook to demand in North American on-highway markets, China construction and power generation. The same report said second-quarter operating cash flow reached USD 1.50 billion, up from USD 785.00 million in the prior-year quarter.

The earnings mix explains the cautious analyst stance. Revenue exceeded the USD 9.33 billion consensus estimate by USD 0.13 billion, but adjusted earnings per share missed the USD 7.33 estimate by USD 0.39. Power Systems was a bright spot, with segment sales of USD 2.26 billion and a 24.50 percent segment EBITDA margin in the second quarter of 2026, according to Zacks.

Results date gives the next reference point

Cummins is scheduled to announce third-quarter 2026 results on November 5, 2026, according to Yahoo Finance. That report will show whether the stronger second-half outlook is translating into higher profitability rather than only higher sales.

Stock quote and investor reference

Cummins stock was trading at EUR 464.25 at Lang & Schwarz on October 9, 2026 at 4:16 p.m. CEST, plus 0.31 percent versus the EUR 462.80 prior close on October 8, 2026. Cummins is listed on the NYSE, where the stock's 52-week range was USD 400.72 to USD 737.76 as of October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of Cummins stock.