Are Wall Street Analysts Bullish on Cummins Stock?

With a market cap of $92.4 billion, Cummins Inc. (CMI) is a global power solutions company that designs, manufactures, and services diesel and natural gas engines, power generation systems, drivetrain and electrified power technologies for a wide range of industries worldwide. It operates through five segments: Engine; Distribution; Components; Power Systems; and Accelera, serving OEMs, distributors, dealers, and aftermarket customers.

Shares of the Columbus, Indiana-based company have surpassed the broader market over the past 52 weeks. CMI stock has climbed 102% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 25.1%. Moreover, shares of the company have surged 31.2% on a YTD basis, compared to SPX’s 8.6% rise.