Commerce Bancshares, Inc. (CBSH)
NASDAQ: CBSH · Real-Time Price · USD
70.97
-0.63 (-0.88%)
Nov 20, 2024, 4:00 PM EST - Market closed
Commerce Bancshares Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Commerce Bancshares stock have an average target of 60, with a low estimate of 54 and a high estimate of 66. The average target predicts a decrease of -15.46% from the current stock price of 70.97.
Analyst Consensus: Hold
* Price targets were last updated on Aug 5, 2024.
Analyst Ratings
The average analyst rating for CBSH stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 6 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $58 → $66 | Hold | Maintains | $58 → $66 | -7.00% | Aug 5, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $55 → $58 | Hold | Maintains | $55 → $58 | -18.28% | Jul 22, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $52 → $62 | Hold | Maintains | $52 → $62 | -12.64% | Jul 22, 2024 |
| Jefferies | Jefferies | Hold Maintains $60 → $62 | Hold | Maintains | $60 → $62 | -12.64% | Jul 3, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $58 → $60 | Hold | Maintains | $58 → $60 | -15.46% | May 10, 2024 |
Financial Forecast
Revenue This Year
1.69B
Revenue Next Year
1.71B
from 1.69B
Increased by 1.01%
EPS This Year
4.07
from 3.64
Increased by 11.88%
EPS Next Year
3.92
from 4.07
Decreased by -3.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 1.8B | 1.9B |
| Avg | 1.7B | 1.7B | 1.8B |
| Low | 1.6B | 1.6B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 5.8% | 9.8% |
| Avg | - | 1.0% | 4.1% |
| Low | - | -4.2% | -4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.25 | 4.18 | 4.70 |
| Avg | 4.07 | 3.92 | 4.26 |
| Low | 3.83 | 3.65 | 3.77 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 17.0% | 2.8% | 20.0% |
| Avg | 11.9% | -3.6% | 8.7% |
| Low | 5.4% | -10.4% | -3.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.