Cummins raises 2026 revenue forecast to 8%-11% growth
Updated
Updated · The Wall Street Journal · May 5
Cummins raises 2026 revenue forecast to 8%-11% growth
12 articles · Updated · The Wall Street Journal · May 5
The engine-maker said first-quarter power-generation equipment sales in China jumped 84%, prompting it to expect 10% revenue growth there instead of a previously forecast 1% decline.
Chief Financial Officer Mark Smith said strong Chinese data-centre demand was a tailwind, helping lift Cummins's company-wide outlook from the 3%-8% growth forecast issued in February.
Cummins supplies backup generators for data centres and doubled large-engine production capacity last year; first-quarter revenue in its power business rose 19%, and shares gained about 2%.
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