Cummins Stock Forecast for 2023 - 2025 - 2030

Updated on 04/01/2023

Stock Rating
11
Price Target
$262.00
Consensus
Outperform
Upside
9.69%
Analysts
9
Stock Rating
11
Upside
9.69%
Analysts
9
Price Target
$262.00

Cummins Stock Forecast and Price Target

Cummins's stock price reaches the average target of $262.00 by 2024 as expected recently by nine notable experts, there would be a potential upside of approximately 9.69% from the last closing price in March, 2023. This possible increase is based on a high estimate of $303.90 and a low estimate of $216.00. If you're considering investing in CMI stock, it's essential to look at its competitors, too.

$262.00

9.69% Upside

Outperform
Outperform

Cummins Fair Value Forecast for 2023 - 2025 - 2030

In the last two years, Cummins's Price has decreased from $225.75 to $219.15 – a 2.92% drop! For the next year, analysts predict that Fair Value will reach $300.15 – an increase of 36.96%. Over the next eight years, experts believe that Cummins's Fair Value will grow at a rate of 43.11%.

2023 Fair Value Forecast
$300.15
2024 Fair Value Forecast
$313.80
2025 Fair Value Forecast
$293.25
2026 Fair Value Forecast
$307.05
2027 Fair Value Forecast
$334.35
2028 Fair Value Forecast
$328.05
2029 Fair Value Forecast
$316.31
2030 Fair Value Forecast
$313.63
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
BC Stock Forecast Brunswick Outperform 17
$81.99 $105.62 15.87%
BW Stock Forecast Babcock & Wilcox Enterprises Outperform 10
$5.56 $10.50 115.83%
TPIC Stock Forecast TPI Composites Outperform 8
$11.48 $0.00 48.08%
BWEN Stock Forecast Broadwind Outperform 9
$4.48 $8.67 -44.20%
CGRN Stock Forecast Capstone Green Energy Buy 6
$2.37 $13.67 575.11%

Cummins Revenue Forecast for 2023 - 2025 - 2030

In the last two years, Cummins's Revenue has grown by 1.91%, rising from $23.57B to $24.02B. For the next year, analysts predict that Revenue will reach $27.13B – an increase of 12.94%. Over the next eight years, experts believe that Cummins's Revenue will grow at a rate of 29.04%.

2023 Rev Forecast
$27.13B
2024 Rev Forecast
$27.26B
2025 Rev Forecast
$28.61B
2026 Rev Forecast
$29.45B
2027 Rev Forecast
$35.63B
2028 Rev Forecast
$32.67B
2029 Rev Forecast
$31.46B
2030 Rev Forecast
$31.00B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
PSIX Stock Forecast Power Solutions International Buy 0
$2.05 $0.00 290.24%
HYEG Stock Forecast Hydrogen Engine Center - 0
$0.13 $0.00 -100.00%
BGG Stock Forecast Briggs & Stratton - 0
$0.00 $0.00 0.00%

Cummins Dividend per Share Forecast for 2023 - 2025 - 2030

In the last two years, Cummins's Dividend per Share has grown, moving from $4.90 to $5.60 – an increase of 14.29%. In the next year, analysts predict that Dividend per Share will jump to $6.38 – up 13.93% from the current level. Looking ahead to eight years, experts forecast that Dividend per Share will grow by 27.87%.

2023 DPS Forecast
$6.38
2024 DPS Forecast
$6.73
2025 DPS Forecast
$6.60
2026 DPS Forecast
$6.88
2027 DPS Forecast
$8.00
2028 DPS Forecast
$7.57
2029 DPS Forecast
$7.26
2030 DPS Forecast
$7.16
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
RGUS Stock Forecast REGI U.S. - -16
$0.02 $0.00 -100.00%
MMMW Stock Forecast Mass Megawatts Wind Power - 0
$0.03 $0.00 -100.00%
CYPW Stock Forecast Cyclone Power Technologies - 0
$0.00 $0.00 0.00%

Cummins Free Cash Flow Forecast for 2023 - 2025 - 2030

In the last two years, Cummins's Free Cash Flow has fallen from $2.48B to $1.52B – a 38.65% decrease. In the next year, analysts believe that Free Cash Flow will reach $2.38B – an increase of 56.44%. For the next eight years, the forecast is forFree Cash Flow to grow by 66.60%.

2023 FCF Forecast
$2.38B
2024 FCF Forecast
$2.65B
2025 FCF Forecast
$2.45B
2026 FCF Forecast
$2.45B
2027 FCF Forecast
$2.62B
2028 FCF Forecast
$2.64B
2029 FCF Forecast
$2.58B
2030 FCF Forecast
$2.54B
Ticker Name Consensus Stock Rating Price Price Target Upside/Downside
GCHK Stock Forecast GreenChek Technology - 0
$0.00 $0.00 0.00%
IXEH Stock Forecast IX Energy Holdings - 0
$0.00 $0.00 0.00%
AMGY Stock Forecast American Metal & Technology - 0
$0.01 $0.00 -100.00%

Cummins Net Income Forecast for 2023 - 2025 - 2030

In the last two years, Cummins's Net Income has decreased by 5.71%, from $2.26B to $2.13B. Analysts predict that Cummins's Net Income will increase in the upcoming year, reaching $2.74B. This would represent an increase of 28.38%. Over the next eight years, experts predict that Cummins's Net Income will grow at a rate of 24.57%.

2023 NI Forecast
$2.74B
2024 NI Forecast
$2.78B
2025 NI Forecast
$2.54B
2026 NI Forecast
$2.57B
2027 NI Forecast
$2.76B
2028 NI Forecast
$2.77B
2029 NI Forecast
$2.69B
2030 NI Forecast
$2.65B

Cummins EBITDA Forecast for 2023 - 2025 - 2030

Cummins's EBITDA has decreased In the last two years, from $3.16B to $2.97B – a 5.98% drop. In the coming year, analysts are expecting an increase in EBITDA, predicting it will reach $4.36B – an increase of 46.75%. Over the next eight years, experts anticipate that EBITDA growth for Cummins will be 47.69%.

2023 EBITDA Forecast
$4.36B
2024 EBITDA Forecast
$4.35B
2025 EBITDA Forecast
$4.00B
2026 EBITDA Forecast
$4.07B
2027 EBITDA Forecast
$4.93B
2028 EBITDA Forecast
$4.76B
2029 EBITDA Forecast
$4.51B
2030 EBITDA Forecast
$4.38B

Cummins EBIT Forecast for 2023 - 2025 - 2030

In the last two years, Cummins's EBIT has seen a drop from $2.49B to $2.31B – a 7.19% decrease. In the next year, analysts predict that EBIT will reach $3.45B – an increase of 49.39%. For the next eight years, the forecast is for EBIT to grow by 49.81%.

2023 EBIT Forecast
$3.45B
2024 EBIT Forecast
$3.53B
2025 EBIT Forecast
$3.20B
2026 EBIT Forecast
$3.24B
2027 EBIT Forecast
$3.80B
2028 EBIT Forecast
$3.73B
2029 EBIT Forecast
$3.55B
2030 EBIT Forecast
$3.46B

Cummins EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last two years, Cummins's EPS has decreased from $15.05 to $14.61 – a 2.92% drop! For the next year, analysts predict that EPS will reach $20.01 – an increase of 36.96%. Over the next eight years, experts believe that Cummins's EPS will grow at a rate of 43.11%.

2023 EPS Forecast
$20.01
2024 EPS Forecast
$20.92
2025 EPS Forecast
$19.55
2026 EPS Forecast
$20.47
2027 EPS Forecast
$22.29
2028 EPS Forecast
$21.87
2029 EPS Forecast
$21.09
2030 EPS Forecast
$20.91