Commerce Bancshares, Inc. (CBSH)

Commerce Bancshares Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Commerce Bancshares stock have an average target of 67.16, with a low estimate of 58.1 and a high estimate of 78. The average target predicts an increase of 8.99% from the current stock price of 61.62.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$58.1	$67.16	$67	$78
Change	-5.71%	+8.99%	+8.73%	+26.58%

Analyst Ratings

The average analyst rating for Commerce Bancshares 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	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	6	6	6	6	6	5
Sell	0	0	0	0	0	1
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Manan Gosalia Morgan Stanley	Morgan Stanley	Sell Maintains $72 → $66	Sell	Maintains	$72 → $66	+7.11%	Mar 13, 2025
Timur Braziler Wells Fargo	Wells Fargo	Hold Maintains $67 → $70	Hold	Maintains	$67 → $70	+13.60%	Jan 29, 2025
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $69 → $72	Hold	Maintains	$69 → $72	+16.85%	Jan 23, 2025
Christopher Mcgratty Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $66 → $78	Hold	Maintains	$66 → $78	+26.58%	Dec 4, 2024
Steven Shaw Wells Fargo	Wells Fargo	Hold Maintains $62 → $67	Hold	Maintains	$62 → $67	+8.73%	Dec 3, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.74B

Increased by 6.95%

from 1.63B

Revenue Next Year

1.82B

Increased by 4.30%

from 1.74B

EPS This Year

4.02

Increased by 3.96%

from 3.87

EPS Next Year

4.25

Increased by 5.70%

from 4.02

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.21B	1.49B	1.48B	1.55B	1.63B	1.74B	1.82B	1.96B
Revenue Growth	-6.90%	23.37%	-0.74%	4.70%	5.16%	6.95%	4.30%	7.86%
EPS	2.39	3.73	3.50	3.46	3.87	4.02	4.25	5.10
EPS Growth	-14.72%	55.80%	-6.16%	-0.97%	11.82%	3.96%	5.70%	19.88%
Forward PE	-	-	-	-	-	15.31	14.48	12.08
No. Analysts	-	-	-	-	-	9	8	3

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

Revenue Forecast

Revenue	2025	2026	2027
High	1.8B	1.9B	2.0B
Avg	1.7B	1.8B	2.0B
Low	1.6B	1.7B	1.9B

Revenue Growth

Revenue Growth	2025	2026	2027
High	11.3%	10.7%	11.0%
Avg	6.9%	4.3%	7.9%
Low	0.8%	-4.1%	3.6%

EPS Forecast

EPS	2025	2026	2027
High	4.36	4.77	5.25
Avg	4.02	4.25	5.10
Low	3.68	3.77	4.90

EPS Growth

EPS Growth	2025	2026	2027
High	12.6%	18.4%	23.4%
Avg	4.0%	5.7%	19.9%
Low	-4.8%	-6.3%	15.2%

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.