Cummins (CMI) Stock Price Forecast & Analysis

Profile of CMI

Sector: Producers of goods

Business: Auto Parts: OEM

The company Cummins designs, builds, and sells diesel, natural gas, electric, and hybrid powertrains, as well as parts for these powertrains, such as fuel systems, valvetrain technologies, control systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, hydrogen production technologies, and fuel cell products. It works with Engine, Distribution, Components, Power Systems, and Accelera as its segments. Under the Cummins brand, this segment makes and sells diesel and natural gas-powered engines for heavy- and medium-duty trucks, buses, RVs, light-duty cars, construction, mining, marine, rail, oil and gas, defense, and agriculture. There are power generation systems, high-horsepower engines, heavy-duty and medium-duty engines for use on and off-highway, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and repair service in the shop and in the field in the Distribution segment. The Components segment sells things like axles, drivelines, brakes, and suspension systems for commercial diesel and natural gas use. It also sells aftertreatment systems, turbochargers, fuel systems, valvetrain technologies, filtration products, electronics, and automated transmissions. Power Systems is made up of technologies for making electricity, factories, and generators. The Accelera segment plans, builds, markets, and provides support for technologies that make hydrogen and electric power systems, such as battery, fuel cell, and electric powertrain technologies. The business was started on February 3, 1919, by Clessie Lyle Cummins and William Glanton Irwin. Its main office is in Columbus, IN.

FAQ: CMI Stock Price Analysis

How can I tell if CMI is cheap or expensive?

There is no single right answer, but some common approaches include

• Compare the value (e.g., P/E, P/S) to competitors or historical averages.

• Look at the growth in sales and earnings.

• Look at your cash flow and margins.

• Look at the company's position in its industry and the business outlook.

You can use both fundamental analysis and an investment strategy that fits your level of risk.

Logo for Cummins Inc.