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-2.21324866832694E-16 0.000146009558758981 0.000924727205474208 0.00347502749846684 0.00505193073306516 0.00862429793737153 0.00756329514372184 0.00933487778999924
Stock impact report

Cummins gets boost from power generation market offsetting truck downturn [Yahoo! Finance]

Cummins Inc. (CMI) 
Last cummins inc. earnings: 4/28 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company was upgraded to Overweight by Barclays which said Cummins could lean on its Power Systems business, which has benefited from rising demand tied to data centers and other power needs, even as Class 8 truck volumes remain near trough levels. This provides an earnings bridge until the truck and engine cycle improves later in 2026 or beyond. The upgrade comes even as there is already strong recent gains in the stock, as analysts at Barclays still find Cummins attractively valued relative to peers. Cummins trades near trough multiples while its core truck market is already at low levels, unlike some large-cap machinery peers that are valued closer to peak conditions. Barclays raised its price target to $546, based on a 2026 earnings multiple of about 20x. Barclays also flagged potential upside if tighter emissions rules are pushed to 2027, which could support pricing and margins when volumes recover. Raymond James reiterated an Outperform rating, saying Cummins' gr Show less Read more
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