Cummins Inc. ($CMI) Stock Forecast: Down 6.0% Today

What is Cummins Inc.?

Cummins Inc. (CMI) is a global power leader specializing in the design, manufacturing, distribution, and servicing of diesel and natural gas engines, as well as electrical power generation systems and engine-related components.

Why is Cummins Inc. going down?

CMI stock is down 6.0% on Apr 3, 2025 16:08

• Cummins (CMI) stock's recent decline may be attributed to concerns among investors regarding the sustainability of the company's dividend payments amidst challenging market conditions.
• Emphasis on high-growth dividend stocks might have underscored the comparatively slower growth trajectory of Cummins, prompting a sell-off.
• Investors could be reassessing their positions in CMI amid economic uncertainties, exploring opportunities with greater growth potential.
• Shifts in market sentiment toward dividend stocks could reflect a preference for companies offering robust growth opportunities over traditional dividend-paying entities like Cummins.

CMI Price Chart

CMI Technical Analysis

CMI News

Are You Looking for a High-Growth Dividend Stock?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes? Let's find out.

https://www.zacks.com/stock/news/2437560/are-you-looking-for-a-high-growth-dividend-stock

Trending Today

Toncoin ($TON) Crypto Forecast: Down 5.5% Today

Broadridge Financial Solutions Inc.Common Stock ($BR) Stock Forecast: Down 5.1% Today

Equifax Inc. ($EFX) Stock Forecast: Down 8.3% Today

Baidu Inc. ($BIDU) Stock Forecast: Down 10.4% Today

Ventas Inc. ($VTR) Stock Forecast: Down 5.3% Today

ARM Holdings plc ($ARM) Stock Forecast: Down 9.9% Today

Garmin Ltd. ($GRMN) Stock Forecast: Down 5.0% Today

Autodesk Inc. ($ADSK) Stock Forecast: Down 5.1% Today

Paychex Inc. ($PAYX) Stock Forecast: Down 5.4% Today

Automatic Data Processing Inc. ($ADP) Stock Forecast: Down 5.6% Today

Cummins Inc. Price History

04.02.2025 - CMI Stock was down 6.6%

• The decline in Cummins Inc. (CMI) today may be linked to:
• Disappointing financial results or projections prompting investors to offload their holdings.
• Uncertainty surrounding the company's dividend sustainability in the face of a challenging economic landscape.
• Speculation or negative market sentiment surrounding Cummins Inc.'s future growth potential.
• Fluctuations in overall market conditions influencing CMI's stock price towards a downward trajectory.

03.03.2025 - CMI Stock was down 6.0%

• Cummins (CMI) stock's recent decline may be attributed to concerns among investors regarding the sustainability of the company's dividend payments amidst challenging market conditions.
• Emphasis on high-growth dividend stocks might have underscored the comparatively slower growth trajectory of Cummins, prompting a sell-off.
• Investors could be reassessing their positions in CMI amid economic uncertainties, exploring opportunities with greater growth potential.
• Shifts in market sentiment toward dividend stocks could reflect a preference for companies offering robust growth opportunities over traditional dividend-paying entities like Cummins.

13.02.2025 - CMI Stock was down 5.3%

• The bearish movement in Cummins (CMI) stock today could be attributed to the following factors:
• Despite being a strong company with a solid track record, investors might be concerned about the overall market conditions, leading to a sell-off of CMI shares.
• There could be specific industry-related factors impacting the stock price, such as changes in demand for engines and power generation products.
• The uncertainty surrounding global economic conditions or trade tensions may have also influenced investor sentiment towards Cummins, causing a bearish trend in the stock price.

04.01.2025 - CMI Stock was up 6.3%

• Cummins reported Q4 sales beating estimates at $8.45B, but EPS fell to $3.02, indicating some mixed results for the quarter.
• The company's 2025 outlook expects flat revenue growth, with EBITDA between 16.2%-17.2%, which may have initially raised concerns among investors.
• Despite the cautious outlook, investors seem to be reacting positively to the overall results, possibly due to the market finding the modest growth forecast in 2025 as a sign of stability and resilience in the face of international weakness.

24.08.2024 - CMI Stock was up 6.0%

• Cummins (CMI) is being recognized as a great dividend stock, which could have attracted more investors looking for stable returns.
• The positive assessment of Cummins as a dividend stock might have boosted investor confidence in the company's long-term financial health and stability.
• This development could have contributed to increased buying interest in Cummins (CMI), driving up its stock price as investors see the company as a reliable investment option for consistent returns.

05.10.2024 - CMI Stock was up 8.6%

• Cummins (CMI) witnessed a notable increase in its stock price today after surpassing expectations with its third-quarter 2024 results and raising its profit forecast.
• Sales growth exceeding market predictions boosted investor confidence in the company.
• The optimistic trajectory of CMI shares is a direct result of its strong financial performance and reiterated revenue guidance, signaling a favorable outlook.
• Investor sentiment towards Cummins remains positive, driven by the market's enthusiastic response to the company's Q3 2024 earnings beat and revenue exceedances.

05.10.2024 - CMI Stock was up 6.0%

• Cummins Inc. (CMI) likely experienced a bullish movement today due to positive investor sentiment surrounding its Q3 earnings performance.
• The market responded favorably to insights on key metrics for Cummins, indicating that the company may have exceeded expectations.
• Strong performance in key metrics and potential earnings beat could have fueled investor optimism, driving the bullish movement in CMI stock.
• The positive market reaction to Cummins' Q3 earnings contrasts with the mixed trading of U.S. stock futures, highlighting the company's strong performance and investor confidence in its growth prospects.

03.05.2024 - CMI Stock was down 2.3%

• The recent bearish movement in Cummins (CMI) stock is likely linked to the announcement of Senior Vice President Tony Satterthwaite's retirement after 36 years with the company. Here's an evaluation of the situation:
• Concerns may arise among investors regarding the potential leadership gap following Satterthwaite's retirement, leading to uncertainties about the company's future direction.
• Satterthwaite's long and impactful tenure at Cummins raises questions about the company's ability to sustain growth and innovation post his departure.
• Market reactions may reflect apprehensions about the challenges of transitioning to new leadership and its potential impact on Cummins' strategic plans and performance moving forward.

28.05.2024 - CMI Stock was down 2.8%

• Cummins stock experienced a bearish movement today.
• The hydrogen energy sector, including companies like Bloom Energy and Plug Power, has been facing challenges with doubts about their sales growth potential in the current high-interest rate environment.
• Despite Cummins creating history with a second consecutive T20 World Cup hattrick, this positive news might not have been enough to offset broader market concerns impacting the stock price.
• A recommendation to buy Cummins shares on June 25 might have been based on technical analysis, but market conditions could have shifted, leading to the bearish movement today.

06.07.2024 - CMI Stock was up 5.1%

• Cummins' bullish movement today could be attributed to the positive reception of their 2023-2024 Sustainability Progress Report, highlighting their commitment to diversity, equity, and inclusion (DE&I) initiatives, which are increasingly valued by investors.
• The CEO's appearance on a financial show discussing quarterly results, investments in alternative fuel technologies, and the growth in data centers likely instilled confidence in investors about the company's future prospects and strategic direction.
• The emphasis on hydrogen as a key component of Cummins' strategy for alternative fuels may have resonated well with environmentally conscious investors, contributing to the bullish sentiment surrounding the stock.

01.07.2024 - CMI Stock was down 1.4%

• Despite surpassing earnings and revenue expectations in Q2, Cummins (CMI) faced a strong bearish movement.
• Concerns about the company's future outlook despite strong quarterly results may have led to the negative market reaction.
• Potential headwinds like international market declines offsetting North America's performance could be worrying investors, contributing to a stock sell-off.
• Profit-taking by traders expecting higher numbers may have caused a short-term dip in the stock price.

02.07.2024 - CMI Stock was down 5.1%

• Cummins (CMI) stock had a strong bearish movement today despite positive news about the company's quarterly results and raised revenue guidance.
• The bearish movement could be attributed to profit-taking by investors after a significant jump in the morning session following the positive earnings report.
• Investors might be concerned about the sustainability of the increased demand across several markets, especially in North America, and potential challenges in maintaining this growth trajectory.
• Market sentiment might have shifted due to broader economic factors or industry-specific concerns impacting Cummins' stock price negatively despite the positive fundamental news.