Commerce Bancshares, Inc. (CBSH)

Commerce Bancshares Stock Forecast

Stock Price Forecast

The 7 analysts that cover Commerce Bancshares stock have a consensus rating of "Hold" and an average price target of $65.57, which forecasts a 22.15% increase in the stock price over the next year. The lowest target is $60 and the highest is $71.

Price Target: $65.57 (+22.15%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$60	$65.57	$65	$71
Change	+11.77%	+22.15%	+21.09%	+32.27%

Analyst Ratings

The average analyst rating for Commerce Bancshares stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	0	0	0	0	0	0
Buy	1	0	0	0	0	0
Hold	6	7	6	6	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	6	6	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $70 → $63	Hold	Maintains	$70 → $63	+17.36%	Oct 17, 2025
Christopher Mcgratty Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $65 → $60	Hold	Maintains	$65 → $60	+11.77%	Oct 17, 2025
Manan Gosalia Morgan Stanley	Morgan Stanley	Hold Maintains $66 → $70	Hold	Maintains	$66 → $70	+30.40%	Sep 29, 2025
Timur Braziler Wells Fargo	Wells Fargo	Hold Maintains $69 → $65	Hold	Maintains	$69 → $65	+21.09%	Sep 29, 2025
Janet Lee TD Cowen	TD Cowen	Hold Initiates $63	Hold	Initiates	$63	+17.36%	Sep 25, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.80B

Increased by 10.63%

from 1.63B

Revenue Next Year

2.01B

Increased by 11.14%

from 1.80B

EPS This Year

4.40

Increased by 13.55%

from 3.87

EPS Next Year

4.55

Increased by 3.52%

from 4.40

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.21B	1.49B	1.48B	1.55B	1.63B	1.80B	2.01B
Revenue Growth	-6.90%	23.37%	-0.74%	4.70%	5.16%	10.63%	11.14%
EPS	2.39	3.73	3.50	3.46	3.87	4.40	4.55
EPS Growth	-14.72%	55.80%	-6.16%	-0.97%	11.82%	13.55%	3.52%
Forward PE	-	-	-	-	-	12.21	11.80
No. Analysts	-	-	-	-	-	9	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	1.9B	2.1B
Avg	1.8B	2.0B
Low	1.7B	1.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	14.6%	17.2%
Avg	10.6%	11.1%
Low	5.7%	-2.2%

EPS Forecast

EPS	2025	2026	2027
High	4.59	5.10
Avg	4.40	4.55
Low	4.17	4.10

EPS Growth

EPS Growth	2025	2026	2027
High	18.5%	16.1%
Avg	13.6%	3.5%
Low	7.6%	-6.8%

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.