Cummins stock fell 1.38 percent as analysts cut targets

Published on 09/29/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cummins stock was last at USD 517.84 on September 28, 2026, after JPMorgan cut its target to USD 600. Q2 revenue rose 9.4 percent to USD 9.46 billion.

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.

Cummins stock fell 1.38 percent to USD 517.84 on the NYSE on September 28, 2026, with 903,391 shares traded. The move followed a fresh wave of analyst target reductions, while the company enters the second half of 2026 with higher revenue guidance.

Analysts reset targets to USD 600

Yahoo Finance reported on September 23, 2026, that JPMorgan lowered its Cummins target from USD 690.00 to USD 600.00 and kept a neutral rating. MarketBeat said on September 24, 2026, that Bank of America also cut its target from USD 731.00 to USD 600.00.

The two reductions contrast with a broader consensus target of USD 736.59 reported by MarketBeat on September 26, 2026. At USD 517.84, that consensus target is USD 218.75 higher, equivalent to 42.24 percent above the reference price.

Q2 revenue reached USD 9.46 billion

Corpwire reported on September 17, 2026, that Cummins generated USD 9.46 billion in second-quarter 2026 revenue, up 9.00 percent from the same quarter of 2025. Diluted EPS was USD 6.73, compared with USD 6.43 a year earlier and USD 7.21 from the consensus estimate cited by MarketBeat.

The company raised its full-year 2026 revenue growth guidance to 10 percent to 13 percent from 8 percent to 11 percent. Full-year EBITDA guidance stands at 18.00 percent to 18.50 percent, while Power Systems revenue increased 19.00 percent in the second quarter to USD 2.30 billion.

Cummins stock stays below its yearly high

Cummins stock was last at USD 517.84 on September 28, 2026, with a 52-week range of USD 400.72 to USD 737.76. The market capitalization was USD 71.5 billion on the same date, and the stock remained 29.88 percent below its 52-week high. The immediate market issue is therefore clear: stronger operating guidance must eventually outweigh the target cuts and the second-quarter EPS miss.