C-COM Satellite Systems Inc. (CMI) Launches 1.2m Q-Band Antenna for HAPS Tracking

Cummins (CMI) reports a rebound in truck demand and strong data-center power orders extending to 2028. The company expects to pass through new emissions penalties via pricing, maintaining margins. New powertrains are planned for 2027, aiming to improve efficiency and profitability. Data-center demand remains robust, with orders for generator solutions stretching into 2028. Cummins reaffirmed its $9B data-center exposure target by 2030 and plans to expand prime-power capacity.

Cummins (CMI) stock rose 42% in the past year, outperforming the S&P 500. The company announced deals to supply energy solutions for U.S. data centers, driven by growing AI power demand. Analysts' median price target suggests a 40% potential upside. Cummins reported record Q2 2026 revenue of $9.5B and raised full-year guidance to 10-13% growth, citing strong data center power demand.

Caterpillar (CAT) reported record Q2 2026 revenue of $20.5B, up 64.89% YoY, with a $72B backlog driven by AI data center demand. Analysts set a $867.90 price target, implying 5.52% upside. Power Generation grew 72%, but tariffs and regional softness pose risks. Comparisons with Cummins (CMI) and Eaton (ETN) highlight CAT's premium position.

Eaton (ETN), Vertiv (VRT), and Cummins (CMI) are industrial companies benefiting from AI-driven data center growth. Eaton reported Q2 sales of $8.53B, up 21% YoY, and forecasts 11-13% revenue growth. Vertiv saw Q2 revenue of $3.27B, up 24% YoY, and raised full-year sales projections. Cummins reported Q2 revenue of $9.5B, up 9.4% YoY, and expects 10-13% sales growth. All three companies are key enablers of AI infrastructure.

Greenbrier (GBX) reported Q2 revenue of $576.5M, down 31.6% YoY, missing estimates. Commercial Vehicle Group (CVGI) reported $195.2M, up 13.5% YoY, beating estimates. Cummins (CMI) reported $9.46B, up 9.4% YoY, missing EPS and EBITDA estimates. GBX and CVGI stocks fell 3.7% and 32.7% since results, respectively; CMI fell 11.8%.

Cummins (CMI) is expected to see a 26.4% year-over-year increase in fiscal 2026 EPS to $30.06, according to analysts. The company has beaten earnings estimates in three of the past four quarters. Analysts' consensus rating is 'Moderate Buy,' with 11 'Strong Buy' ratings. Wells Fargo raised its price target to $874, citing growth opportunities. The mean price target is $767.31, a 29.3% premium to current levels.