Commerce Bancshares, Inc. (CBSH)
NASDAQ: CBSH · IEX Real-Time Price · USD
63.23
-0.28 (-0.44%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Commerce Bancshares Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Commerce Bancshares stock have an average target of 55.04, with a low estimate of 45.71 and a high estimate of 62. The average target predicts a decrease of -12.95% from the current stock price of 63.23.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CBSH stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 5 | 5 | 5 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $60 → $62 | Hold | Maintains | $60 → $62 | -1.95% | Jul 3, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $58 → $60 | Hold | Maintains | $58 → $60 | -5.11% | May 10, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $61 | Hold → Buy | Upgrades | $61 | -3.53% | Apr 17, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $56 → $58 | Hold | Maintains | $56 → $58 | -8.27% | Apr 17, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $53 → $54 | Hold | Maintains | $53 → $54 | -14.60% | Apr 17, 2024 |
Financial Forecast
Revenue This Year
1.65B
from 1.54B
Increased by 7.57%
Revenue Next Year
1.69B
from 1.65B
Increased by 2.30%
EPS This Year
3.61
from 3.64
Decreased by -0.75%
EPS Next Year
3.67
from 3.61
Increased by 1.55%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7B | 1.8B | 1.9B |
| Avg | 1.7B | 1.7B | 1.8B |
| Low | 1.6B | 1.6B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.5% | 7.8% | 9.7% |
| Avg | 7.6% | 2.3% | 6.6% |
| Low | 2.0% | -3.1% | 2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.84 | 3.90 | 4.57 |
| Avg | 3.61 | 3.67 | 4.44 |
| Low | 3.38 | 3.43 | 4.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.4% | 7.8% | 24.5% |
| Avg | -0.8% | 1.5% | 20.9% |
| Low | -7.2% | -5.2% | 16.2% |
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.