Cummins Inc. (NYSE:CMI) is among the 15 Dividend Stocks that Outperform the S&P 500. Argus raised its price target on CMI to $573 from $459, citing the company’s global power and hydrogen initiatives. Third-quarter sales were $8.3 billion, down 2% from 2024, driven by weaker demand for North American trucks.

In October 2025, Cummins announced a partnership to test a prototype hydrogen-powered engine in an intercity bus, matching natural gas engine performance with lower emissions. The company produces advanced diesel, natural gas, electric, and hybrid powertrains and components. While CMI has investment potential, some AI stocks offer greater upside potential.

Cummins Inc. (NYSE:CMI) reported third-quarter sales of $8.3 billion, down 2% from the same period in 2024. The decline was mainly due to weaker demand for North American heavy and medium-duty trucks, with unit volumes falling 40% year over year. These declines were largely offset by strength in global power generation markets, higher light-duty truck volumes, and favorable pricing.

Read more at Yahoo Finance: Argus Sees Upside in Cummins (CMI) with Strong Global Power and Hydrogen Initiatives