Cummins stock: Barclays cuts target to USD 675.00 after review

Published on 10/23/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cummins declared a USD 2.20 dividend on October 13, 2026. Cummins stock costs EUR 457.05 on October 23, 2026 at 4:04 p.m. CEST.

Analyst target and dividend

Barclays lowered its Cummins target from USD 760.00 to USD 675.00 on October 16, 2026.
Cummins declared a quarterly dividend of USD 2.20 per share on October 13, 2026.
Cummins stock costs EUR 457.05 at Lang & Schwarz on October 23, 2026 at 4:04 p.m. CEST.
Third-quarter results are scheduled for November 5, 2026.

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Cummins Inc. (US2310211063) is facing a lower analyst valuation after Barclays cut its price target from USD 760.00 to USD 675.00 on October 16, 2026, while retaining an overweight rating, as reported by MarketScreener. Cummins stock was trading at EUR 457.05 at Lang & Schwarz on October 23, 2026 at 4:04 p.m. CEST.

Dividend adds a dated income signal

The company declared a quarterly cash dividend of USD 2.20 per share on October 13, 2026. The payment is scheduled for December 3, 2026, for shareholders of record on November 20, 2026, according to Cummins.

Stock remains below its yearly high

The primary listing is on the NYSE under ticker CMI. Cummins traded at USD 510.52 on October 23, 2026 at 10:12 a.m. EDT, compared with a 52-week range of USD 413.98 to USD 737.76. Its market capitalization stood at USD 70.3 billion at that quote time.

Results date sets the next checkpoint

Cummins is scheduled to report third-quarter 2026 results on November 5, 2026, with the conference call scheduled for 10:00 a.m. ET, according to MarketBeat. The same report lists consensus expectations of USD 8.18 for earnings per share and USD 9.86 billion in revenue, both for the third quarter.

In the second quarter of 2026, Cummins reported USD 6.73 in earnings per share against a USD 7.21 consensus estimate, while revenue reached USD 9.46 billion, according to MarketBeat. That earnings comparison leaves the November report as the next test of execution against expectations.

Comparison with peers

Cummins: P/E 26.13, market capitalization USD 70.3 billion. Caterpillar (NYSE, USD): down 2.96 percent, P/E 29.43, market capitalization USD 314.1 billion. PACCAR (NASDAQ, USD): down 2.26 percent, P/E 22.55, market capitalization USD 56.4 billion.

Target cut keeps valuation in view

Barclays' revised USD 675.00 target remains a valuation reference for the stock, but the next company report will provide the more immediate operating test. The dividend declaration and the November 5 reporting date give investors two concrete dates for assessing the income profile and earnings outlook.

The further course of trading is shown by the continuously updated real-time quote of Cummins stock.