Commerce Bancshares, Inc. (CBSH)
NASDAQ: CBSH · Real-Time Price · USD
62.65
+0.15 (0.24%)
Nov 1, 2024, 4:00 PM EDT - 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 -4.23% from the current stock price of 62.65.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 5 | 5 | 6 | 6 | 6 | 6 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 8 | 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 | +5.35% | Aug 5, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $55 → $58 | Hold | Maintains | $55 → $58 | -7.42% | Jul 22, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $52 → $62 | Hold | Maintains | $52 → $62 | -1.04% | Jul 22, 2024 |
| Jefferies | Jefferies | Hold Maintains $60 → $62 | Hold | Maintains | $60 → $62 | -1.04% | Jul 3, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $58 → $60 | Hold | Maintains | $58 → $60 | -4.23% | May 10, 2024 |
Financial Forecast
Revenue This Year
1.69B
Revenue Next Year
1.72B
from 1.69B
Increased by 1.72%
EPS This Year
4.00
from 3.64
Increased by 10.09%
EPS Next Year
3.97
from 4.00
Decreased by -0.81%
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 | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 6.6% | 9.1% |
| Avg | - | 1.7% | 6.1% |
| Low | - | -4.3% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.19 | 4.25 | 4.69 |
| Avg | 4.00 | 3.97 | 4.56 |
| Low | 3.73 | 3.72 | 4.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.3% | 6.3% | 18.2% |
| Avg | 10.1% | -0.8% | 14.9% |
| Low | 2.7% | -7.0% | 10.4% |
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.