Cummins Inc. stock rose 2.1% following the release of strong fourth quarter and full-year 2025 financial results on February 5, 2026. The company reported full-year revenues of $33.7 billion with net income of $2.8 billion and diluted earnings per share of $20.50. EBITDA for the full year reached 16.0% of sales. The company expects 2026 revenues to increase between 3% and 8%, with EBITDA expected to range between 17.0% and 18.0% of sales. Distribution and Power Systems segments achieved record full-year sales and profitability. Additionally, Evercore ISI Group raised its price target for Cummins to $694, maintaining an Outperform rating, representing a 20.49% increase from the previous target. The company has also raised its dividend for 20 consecutive years.
Read full analysisCummins Inc. stock rose 2.1% following the release of strong fourth quarter and full-year 2025 financial results on February 5, 2026. The company reported full-year revenues of $33.7 billion with net income of $2.8 billion and diluted earnings per share of $20.50. EBITDA for the full year reached 16.0% of sales. The company expects 2026 revenues to increase between 3% and 8%, with EBITDA expected to range between 17.0% and 18.0% of sales. Distribution and Power Systems segments achieved record full-year sales and profitability. Additionally, Evercore ISI Group raised its price target for Cummins to $694, maintaining an Outperform rating, representing a 20.49% increase from the previous target. The company has also raised its dividend for 20 consecutive years.
Cummins is a global manufacturer of diesel and natural gas engines, power generation equipment, and related components, serving trucking, construction, and industrial markets. The company is pivoting its clean energy strategy from hydrogen electrolyzers toward e-mobility after taking $458 million in electrolyzer impairment charges in Q4 2025, while growing demand for AI data center backup power is driving record results in its Power Systems segment. An ongoing emissions recall affecting over 600,000 engines, with at least $325 million in expected costs, adds to the regulatory overhang from its earlier $2 billion DOJ settlement.