$374.58
0.18% today
NYSE, Nov 26, 05:16 pm CET
ISIN
US2310211063
Symbol
CMI

Cummins Target price 2024 - Analyst rating & recommendation

Cummins Classifications & Recommendation:

Buy
33%
Hold
52%
Sell
14%

Cummins Price Target

Target Price $372.71
Price $375.27
Deviation
Number of Estimates 15
15 Analysts have issued a price target Cummins 2025 . The average Cummins target price is $372.71. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 21 analysts: 7 Analysts recommend Cummins to buy, 11 to hold and 3 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Cummins stock has an average upside potential 2025 of . Most analysts recommend the Cummins stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 34.05 33.76
21.28% 0.85%
EBITDA Margin 12.60% 15.59%
2.00% 23.73%
Net Margin 2.07% 12.23%
71.92% 489.76%

15 Analysts have issued a sales forecast Cummins 2024 . The average Cummins sales estimate is

$33.8b
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. This is
1.25% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$33.9b 0.72%
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, the lowest is
$33.4b 2.18%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $34.0b 21.28%
2024
$33.8b 0.85%
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2025
$34.6b 2.36%
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2026
$37.7b 9.06%
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2027
$35.0b 7.22%
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2028
$38.5b 10.03%
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11 Analysts have issued an Cummins EBITDA forecast 2024. The average Cummins EBITDA estimate is

$5.3b
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. This is
17.65% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$5.6b 25.59%
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, the lowest is
$4.9b 10.11%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $4.3b 23.70%
2024
$5.3b 22.70%
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2025
$5.5b 5.17%
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2026
$6.4b 15.06%
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2027
$6.7b 4.62%
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2028
$7.2b 7.98%
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EBITDA Margin

2023 12.60% 2.00%
2024
15.59% 23.73%
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2025
16.02% 2.76%
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2026
16.90% 5.49%
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2027
19.06% 12.78%
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2028
18.70% 1.89%
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8 Cummins Analysts have issued a net profit forecast 2024. The average Cummins net profit estimate is

$4.1b
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. This is
99.98% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$4.2b 103.74%
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, the lowest is
$4.0b 95.75%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $706m 65.94%
2024
$4.1b 484.80%
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2025
$3.0b 26.38%
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2026
$3.7b 21.91%
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Net Margin

2023 2.07% 71.92%
2024
12.23% 489.76%
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2025
8.80% 28.05%
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2026
9.83% 11.70%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 5.15 30.12
65.94% 484.85%
P/E 12.46
EV/Sales 1.73

8 Analysts have issued a Cummins forecast for earnings per share. The average Cummins <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$30.12
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. This is
100.00% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$30.68 103.72%
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, the lowest is
$29.48 95.75%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $5.15 65.94%
2024
$30.12 484.85%
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2025
$22.17 26.39%
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2026
$27.03 21.92%
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P/E ratio

Current 24.91 116.80%
2024
12.46 49.98%
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2025
16.93 35.87%
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2026
13.88 18.02%
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Based on analysts' sales estimates for 2024, the Cummins stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.71 50.00%
2024
1.73 1.11%
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2025
1.69 2.31%
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2026
1.55 8.31%
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2027
1.67 7.78%
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2028
1.52 9.11%
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P/S ratio

Current 1.51 56.84%
2024
1.52 1.27%
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2025
1.49 2.31%
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2026
1.37 8.31%
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2027
1.47 7.79%
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2028
1.34 9.11%
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