Commerce Bancshares, Inc. (CBSH)

Commerce Bancshares Stock Forecast

Stock Price Forecast

The 8 analysts that cover Commerce Bancshares stock have a consensus rating of "Hold" and an average price target of $59.22, which forecasts a 17.31% increase in the stock price over the next year. The lowest target is $53 and the highest is $67.62.

Price Target: $59.22 (+17.31%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$53	$59.22	$60	$67.62
Change	+4.99%	+17.31%	+18.86%	+33.95%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	7	7	7	7	8	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Mcgratty Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Hold Maintains $56 → $54	Hold	Maintains	$56 → $54	+6.97%	Apr 9, 2026
Christopher Spahr Wells Fargo	Wells Fargo	Hold Maintains $60 → $53	Hold	Maintains	$60 → $53	+4.99%	Mar 30, 2026
Manan Gosalia Morgan Stanley	Morgan Stanley	Hold Maintains $67 → $65	Hold	Maintains	$67 → $65	+28.76%	Mar 2, 2026
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $64 → $62	Hold	Maintains	$64 → $62	+22.82%	Jan 26, 2026
Nathan Race Piper Sandler	Piper Sandler	Hold Maintains $60 → $64	Hold	Maintains	$60 → $64	+26.78%	Jan 9, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.01B

Increased by 17.20%

from 1.71B

Revenue Next Year

2.08B

Increased by 3.44%

from 2.01B

EPS This Year

4.11

Increased by 1.74%

from 4.04

EPS Next Year

4.50

Increased by 9.47%

from 4.11

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.49B	1.48B	1.55B	1.63B	1.71B	2.01B	2.08B
Revenue Growth	23.37%	-0.74%	4.70%	5.16%	4.96%	17.20%	3.44%
EPS	3.55	3.33	3.30	3.69	4.04	4.11	4.50
EPS Growth	55.80%	-6.16%	-0.97%	11.82%	9.52%	1.74%	9.47%
Forward PE	-	-	-	-	-	12.29	11.22
No. Analysts	-	-	-	-	-	10	10

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

Revenue Forecast

Revenue	2026	2027	2028
High	2.1B	2.2B
Avg	2.0B	2.1B
Low	1.9B	2.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	23.3%	8.6%
Avg	17.2%	3.4%
Low	10.7%	-2.3%

EPS Forecast

EPS	2026	2027	2028
High	4.45	4.89
Avg	4.11	4.50
Low	3.62	4.21

EPS Growth

EPS Growth	2026	2027	2028
High	10.3%	19.1%
Avg	1.7%	9.5%
Low	-10.4%	2.6%

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.