Gold bars to be exempt from tariffs, White House clarifies
Cummins Inc (NYSE:CMI). stock reached an all-time high of 388.14 USD, marking a significant milestone for the company. With a market capitalization of $53.31 billion and a P/E ratio of 17.95, the company maintains a "GOOD" financial health rating according to InvestingPro analysis. Over the past year, Cummins has experienced a notable 32.18% increase in its stock price, reflecting strong investor confidence and robust performance in the market. This upward trajectory underscores the company’s resilience and strategic growth initiatives, positioning it favorably within the industrial sector. The achievement of this all-time high highlights Cummins’ successful navigation through market challenges and its ability to capitalize on emerging opportunities. Notably, the company has maintained dividend payments for 55 consecutive years, with a current yield of 2.08%. InvestingPro subscribers have access to 15+ additional insights about Cummins’ valuation and growth prospects through comprehensive Pro Research Reports.
In other recent news, Cummins Inc. reported impressive second-quarter earnings for 2025, surpassing analysts’ expectations. The company achieved earnings per share of $6.43, significantly higher than the forecasted $5.26. Revenue also exceeded projections, reaching $8.6 billion compared to the anticipated $8.47 billion. Despite this strong performance, Cummins has not reinstated its full-year guidance, citing uncertainties related to macroeconomic conditions, freight, and tariffs. In response to the earnings report, Bernstein SocGen Group raised its price target for Cummins to $385 from $319, while maintaining a Market Perform rating. These developments reflect investor confidence in Cummins’ recent performance. However, the company’s cautious stance on future guidance highlights ongoing challenges in the broader economic environment.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.