Cummins Inc. Slips to 360th in Trading Volume Despite Stock Price Rise

On April 1, 2025, Cummins Inc. (CMI) experienced a significant drop in trading volume, with a total of $243 million in shares traded, marking a 37.05% decrease from the previous day. This decline placed Cummins at the 360th position in terms of trading volume for the day. Despite this, the stock price of Cummins Inc. (CMI) rose by 0.61%.

Cummins Inc. recently announced a strategic partnership with Isuzu Motors to develop a new battery electric powertrain. This collaboration is expected to enhance Cummins' position in the electric vehicle market and drive future growth.

Analysts from Citi and Jefferies have both maintained a Buy rating on Cummins Inc. (CMI). Kyle Menges from Citi set a price target of $360.00, while Stephen Volkmann from Jefferies has a higher target of $400.00. These ratings reflect the analysts' confidence in the company's long-term prospects and its ability to navigate the evolving market landscape.

Cummins Inc. operates through several segments, including Engine, Distribution, and Components. The company is known for its diesel and natural gas engines, as well as its powertrain technologies. With a 52-week range of $261.51 to $387.90 and a beta of 1.07, Cummins Inc. is considered a stable investment with growth potential.