Analysts expect Cummins to report Q2 2026 revenue of $9.33 billion and EPS of $7.33, while the stock currently trades at $634.20, significantly below the average price target of $740.07.
The primary story for investors is the surging demand in the Power Systems segment, driven by global data center expansion and mission-critical backup power requirements. This momentum is anticipated to offset ongoing headwinds in the North American heavy-duty truck market, where equipment volumes have remained cyclically soft.
Management’s recent upward revision of full-year 2026 guidance suggests growing confidence in overall margin expansion despite continued development losses in the Accelera zero-emissions business.