Cummins Secures $2 Billion Credit Agreements with JPMorgan

The latest update is out from Cummins ( (CMI) ).

On June 2, 2025, Cummins Inc. entered into two significant credit agreements with JPMorgan Chase Bank, N.A., allowing for up to $2 billion in revolving and swingline loans under each agreement. These agreements, a 5-Year Credit Agreement maturing in 2030 and a 3-Year Credit Agreement maturing in 2028, replace previous agreements and include options for incremental term loans. The arrangements are unsecured, with interest rates varying based on loan type and credit ratings, and contain customary financial covenants.

The most recent analyst rating on (CMI) stock is a Hold with a $385.00 price target. To see the full list of analyst forecasts on Cummins stock, see the CMI Stock Forecast page.

Spark’s Take on CMI Stock

According to Spark, TipRanks’ AI Analyst, CMI is a Outperform.

Cummins exhibits strong financial fundamentals with notable profitability and a balanced capital structure. However, recent declines in net profit margin and cash flow present challenges. The technical outlook is mixed, with potential overbought conditions. Valuation remains reasonable, and strategic initiatives, including the senior notes offering, bolster financial flexibility. Yet, economic uncertainties and trade tariffs pose significant risks.

To see Spark’s full report on CMI stock, click here.

More about Cummins

Cummins Inc. operates in the industrial sector, focusing on the design, manufacture, and distribution of engines, filtration, and power generation products. The company serves a diverse range of markets, including automotive, construction, and energy sectors.

Average Trading Volume: 942,638

Technical Sentiment Signal: Buy

Current Market Cap: $44.29B

For an in-depth examination of CMI stock, go to TipRanks’ Stock Analysis page.