Cursor's benchmark finds that Cursor's model (Composer 2.5) is basically as good as Opus 4.8 max and GPT-5.5 xhigh, but at a fraction of the price.
Artificial Analysis' testing shows Composer 2.5 to be pretty far behind: https://artificialanalysis.ai/agents/coding-agents. You look at the DeepSWE benchmark (which is probably the hardest to game at this point) and GPT-5.5 xhigh gets a 64, Opus 4.8 max gets 56, and Cursor 2.5 gets 16.
I don't doubt that Cursor works well for some people. It's beating DeepSeek v4 Pro in the DeepSWE benchmark and that's a very capable model. But I'm skeptical of the claims that it's a competitor for Opus 4.8 and GPT-5.5. It just seems convenient that their model does so well on their own benchmark while third party benchmarks have it far behind. Maybe it's a really great benchmark and a better measure than third party ones - I'd love for a cheap model to do as well as the expensive ones.