Cummins shares surge 5.19% intraday after exiting electrolyser business to focus on core operations and growth segments.

Cummins surged 5.19% intraday following a strategic shift to cease new electrolyser activity, a move likely aimed at focusing on core strengths after the segment incurred $218 million in charges in 2025. The decision aligns with the company’s fourth-quarter report, which highlighted strong performance in distribution and power systems segments, while the electrolyser-related Accelera unit posted a $374 million loss. Management’s optimism for 3–8% revenue growth in 2026, driven by North American truck demand, further bolstered investor confidence. Analyst upgrades, including raised price targets, and a DCF analysis indicating a 13.1% undervaluation also contributed to the intraday rally, as the market digested strategic clarity and long-term growth prospects.