Analyse produit facultative
Avec votre autorisation, nous utilisons une analyse limitée et respectueuse de la vie privée pour comprendre les parcours de recherche utiles. Nous n’utilisons ni traceurs publicitaires ni enregistrement de session. Vous pouvez modifier ce choix dans les préférences. Consultez la Politique de confidentialité.
Cummins Inc.'s published Reduce conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $74.8B | |
|---|---|---|
| P/E (forward) | 15.4x |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $24.02B | $28.07B | $34.07B | $34.10B | $33.67B | +8.8% |
| Gross profit | $5.70B | $6.72B | $8.25B | $8.44B | $8.52B | +10.6% |
| Operating income | $2.71B | $2.93B | $1.76B | $3.75B | $4.03B | +10.4% |
| Net income | $2.13B | $2.15B | $735.0M | $3.95B | $2.84B | +7.5% |
| EPS (diluted) | $14.61 | $15.12 | $5.15 | $28.37 | $20.50 | +8.8% |
| EBITDA | $3.52B | $3.80B | $1.76B | $6.34B | $5.40B | +11.2% |
| R&D | $1.09B | $1.28B | $1.50B | $1.46B | $1.40B | +6.4% |
| SG&A | $2.37B | $2.69B | $3.33B | $3.28B | $3.13B | +7.1% |
Recent company headlines from major financial publishers.
In the Bull scenario, persistent hyperscale AI data center expansion sustains utility-scale backup generator demand well beyond 2028. Power Systems delivers top-of-range revenue growth of 19% with EBITDA margins reaching 25.75%. The EPA MY2027 engine transition proceeds seamlessly with complete cost pass-through and minimal warranty disruption, while China and India joint ventures accelerate. This optimistic operating path supports the upper valuation bound of $523.74.
The modal Base scenario reflects management's updated 2026 guidance and consensus forward trajectory. Consolidated revenue expands 11.87% in FY2026 to $37.67B within the guided 10% to 13% range, reaching $41.34B in FY2027. Diluted EPS increases to $28.45 in FY2026 and $34.34 in FY2027. Operating margins expand to 12.8% in FY2026 and normalize at 13.5%, supported by Power Systems mix and steady Distribution aftermarket cash flow. Cash flows are discounted at the moderate Ke of 9.9414%, yielding the house fair value midpoint of $443.65.
| Ke ↓ / g → | 2.0% | 2.3% | 2.5% | 2.8% | 3.0% |
|---|---|---|---|---|---|
| 8.9% | $471 | $479 | $486 | $495 | $504 |
| 9.4% | $451 | $457 | $464 | $471 | $478 |
| 9.9% | $433 | $438 | $444 | $450 | $456 |
| 10.4% | $416 | $421 | $426 | $431 | $437 |
| 10.9% | $402 | $406 | $410 | $414 | $419 |
Upcoming earnings date and setup when available.
La notation portée par l'édition de recherche publiée chaque mois. Une notation compare le cours à la date d'analyse à la juste valeur ; elle n'indique pas si l'appréciation s'est révélée juste.
| Année | janv. | févr. | mars | avr. | mai | juin | juil. | août | sept. | oct. | nov. | déc. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
