This is primarily an analyst rating maintenance tied to updated long-term guidance and includes discussion of near-term narrative drivers (Q1 performance) and medium-term product plans. However, Cummins (CMI) is not in the provided active_symbols list, so it cannot be mapped to a dashboard ticker.
Bernstein Maintains Market Perform Rating on Cummins (CMI) Following Updated 2030 Guidance Sheryar Siddiq Mon, June 1, 2026 at 4:03 PM GMT+2 1 min read CMI NG=F Cummins Inc. (NYSE: CMI ) ranks among the top hydrogen stocks to buy now . On May 22, Bernstein SocGen Group maintained a Market Perform rating on Cummins Inc.
(NYSE:CMI) with a $700 price target. According to the firm, Cummins’ stock fell 5% after upgrading its 2030 guidance. The ratings update followed Cummins’ Q1 earnings report.
The company reported a 3% rise in total revenues in Q1 over the same period last year, hitting $8. 4 billion. Meanwhile, adjusted net earnings, excluding the effects of a fuel cell unit sale, increased to $853 million from $824 million in the first quarter of 2025.
Additionally, Cummins Inc. (NYSE:CMI) declared that it will be bringing a new 4 megawatt natural gas engine into the data center prime power market, with initial deliveries anticipated in 2028. With EPA restrictions expected in 2027, Cummins’ engine strategy focuses on increasing content, leveraging its most innovative engine platform to achieve share growth, and generating additional aftermarket revenue.
Cummins Inc. (NYSE:CMI) is a U. S.
-based firm that designs, manufactures, and services diesel and natural gas engines, electric and hybrid powertrains, and related components. Its segments include Engine, Distribution, Components, Power Systems, and Accelera. While we acknowledge the potential of CMI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.
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