Aug. 4 at 2:07 PM
$CMI "As of August 4, 2026, Cummins Inc. (CMI) is trading at approximately
$610.27, down roughly 5.95% following the release of its Q2 2026 earnings report.
While Cummins reported resilient top-line figures, an earnings-per-share miss dragged the stock down during morning trading.
Revenue reached a record
$9.46 billion (up 9.4% year-over-year), beating Wall Street estimates of
$9.33 billion.
Diluted EPS came in at
$6.73 per share (up from
$6.43 last year) but missed the consensus analyst estimate of
$7.21–
$7.34. The lower profitability was largely attributed to conversion hurdles and higher internal incentive compensation.
Raised its quarterly dividend from
$2.00 to
$2.20 per share (
$8.80 annualized), marking 17 consecutive years of dividend growth.
Wall Street maintains a Buy/Moderate Buy consensus on CMI, viewing the post-earnings drop as a potential valuation reset.
Average Price Target: Ranges between
$740 and
$780." HOLD
