Cummins Stock: Is Wall Street Bullish or Bearish?

Cummins Inc. (CMI) is a global power technology leader that designs, manufactures, and services a broad portfolio of power solutions, including diesel, natural-gas, hybrid, and electric powertrains, along with components like turbochargers, filtration, controls, and power generation systems. Headquartered in Columbus, Indiana, the company operates in approximately 190 countries through a vast network of distributors and dealers. Cummins has a market capitalization of around $62.9 billion.

CMI stock has outpaced the broader market and its industrial peers. The stock has surged 26% over the past 52 weeks, easily outpacing the S&P 500 Index’s ($SPX) 13.7% climb. The rally continues in 2025, with CMI up 30.8% on a year-to-date (YTD) basis, outshining the SPX’s 13.4% gain.