Commerce Bancshares, Inc. (CBSH)
NASDAQ: CBSH · IEX Real-Time Price · USD
50.42
-0.48 (-0.94%)
Mar 18, 2024, 4:00 PM EDT - Market closed

Commerce Bancshares Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for Commerce Bancshares stock have an average target of 50.38, with a low estimate of 45.71 and a high estimate of 55. The average target predicts a decrease of -0.08% from the current stock price of 50.42.

Analyst Consensus: Hold
Target Low Average Median High
Price $45.71 $50.38 $48.57 $55
Change -9.34% -0.08% -3.67% +9.08%
* Price targets were last updated on Feb 7, 2024.

Analyst Ratings

The average analyst rating for CBSH stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 000000
Hold 444555
Sell 111111
Strong Sell 000000
Total 555666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Hold
Maintains
$46$55
Hold Maintains $46$55 +9.08% Feb 7, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
n/a
Hold Maintains n/a n/a Jan 19, 2024
B of A Securities
B of A Securities
Hold
Initiates
$55
Hold Initiates $55 +9.08% Jan 11, 2024
Morgan Stanley
Morgan Stanley
Hold
Maintains
$47$46
Hold Maintains $47$46 -8.77% Dec 4, 2023
Morgan Stanley
Morgan Stanley
Hold
Maintains
$49$47
Hold Maintains $49$47 -7.44% Dec 1, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.62B
from 1.54B
Increased by 5.23%
Revenue Next Year
1.65B
from 1.62B
Increased by 2.35%
EPS This Year
3.36
from 3.64
Decreased by -7.81%
EPS Next Year
3.46
from 3.36
Increased by 2.97%
Year 2019202020212022202320242025
Revenue
1.30B1.20B1.46B1.46B1.54B1.62B1.65B
Revenue Growth
1.02%-7.49%22.00%-0.10%5.14%5.23%2.35%
EPS
3.102.643.913.673.643.363.46
EPS Growth
-5.26%-14.70%48.11%-6.14%-0.82%-7.81%2.97%
No. Analysts -----109
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 1.7B 1.8B
Avg 1.6B 1.7B
Low 1.5B 1.5B

Revenue Growth

Revenue Growth 20242025
High
9.7%
8.5%
Avg
5.2%
2.4%
Low
-1.4%
-4.5%

EPS Forecast

EPS 20242025
High 3.62 3.97
Avg 3.36 3.46
Low 3.04 3.04

EPS Growth

EPS Growth 20242025
High
-0.5%
18.3%
Avg
-7.8%
3.0%
Low
-16.5%
-9.5%
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.