Stocklytics Platform
Asset logo for symbol CMI
Cummins
CMI69
$317.32arrow_drop_down1.30%-$4.20
S&P500
Asset logo for symbol CMI
CMI69

$317.32

arrow_drop_down1.30%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Cummins (CMI) Stocklytics Forecast

According to our analysis and prediction models, the stock price of Cummins Inc (CMI) is expected to experience steady growth in the coming years. Based on historical data and market trends, we believe that CMI will continue to perform well and provide positive returns for investors. Our machine learning algorithms have identified several key factors that contribute to this forecast. These include strong financials, innovation in the industry, and a solid reputation in the market. With a diverse product portfolio and a global presence, Cummins Inc is well-positioned to capitalize on opportunities and overcome challenges.
Looking specifically at the stock price forecast for CMI in 2023, we project that it will continue its upward trajectory. This prediction is based on both quantitative and qualitative analysis of the company's performance. Factors such as increased demand for its products, expansion into new markets, and favorable industry conditions all contribute to this positive outlook. Furthermore, our proprietary AI algorithms have assigned a price target for CMI in 2023, indicating further potential for growth.
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Frequently Asked Questions

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What is the analyst price prediction for Cummins (CMI) stock?

Analysts have set a target price of $271.29 for Cummins (CMI), based on forecasts from 28 analysts. The predicted price range extends from a high of $321 to a low of $225. This represents a potential increase of up to 1.16% and a decrease of -29.09% from the current price of $317.32. These forecasts are as of 2023 Jan 20.
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What are the analyst ratings for Cummins (CMI) stock?

Currently, there are no analyst ratings available for Cummins (CMI), possibly due to insufficient coverage or recent updates.
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What is the AI price prediction for Cummins (CMI) stock?

At present, there is no AI or machine-learning-based price prediction available for Cummins (CMI) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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