$CMI

UBS warns Cummins may face a 2027-2028 engine shift, impacting operating profit. The firm expects a shift to compliant engines in 2028, which could be similarly profitable. UBS maintained a buy rating but reduced its price target to $741 from $835, citing significant warranty expense headwinds.

UBS cut Cummins' (CMI) price target to $741 from $835, citing EPA regulation concerns and macroeconomic uncertainties. The stock trades at $518.33, down from its 52-week high. Cummins reported record Q2 revenue of $9.5B but missed EPS estimates. Analysts have mixed views on the stock's outlook.

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 launched a Euro 7-compliant X15N natural gas engine for Europe, with 571-651 hp and 1,918-2,213 lb-ft torque. Tesla unveiled European specs for its Semi, with 342-mile range, 800 kW charging, and 2027 delivery plans. Both companies showcased products at Hanover, targeting the European heavy-duty market.

Cummins' division Accelera plans to expand battery manufacturing in Europe, with LFP battery production in Spain for commercial vehicles. The company also showcased HELM engine platforms at IAA Transportation 2026, designed for evolving emissions requirements. Details on location, capacity, and investment were not disclosed.

Cummins (CMI) saw a $1,000 investment grow to $6,120 over 10 years, with its quarterly dividend increasing from $0.175 to $2.20 over 17 years. Q2 2026 revenue for Power Systems reached $2.3 billion, up 19% YoY, driven by AI data center demand. Risks include a $69 million loss in the Accelera segment and a trailing P/E of 28. The company's business is cyclical, tied to freight rates and truck orders.

Cummins (CMI) reported Q2 2026 revenue above expectations but missed adjusted EPS forecasts. Management highlighted strong power generation demand driven by data center projects, which is reshaping the company's business mix. The company projects $44.2B revenue and $5.3B earnings by 2029, with power generation capacity expansion as a key growth factor.

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.

Cummins (CMI) shares fell 15.3% since its last earnings report, which missed estimates at $6.94 per share. Revenue rose 9.4% to $9.46B, driven by power generation and construction demand. Margins contracted in most segments due to higher costs. The company raised its 2026 revenue outlook to 10-13% and increased its dividend to $2.20 per share. Analysts have slightly raised estimates post-earnings.