Canadian Imperial Bank of Commerce (CM)
NYSE: CM · Real-Time Price · USD
65.31
+0.42 (0.65%)
Nov 21, 2024, 3:50 PM EST - Market open

CM Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for CM stock has a target of 81, which predicts an increase of 24.02% from the current stock price of 65.31.

Analyst Consensus: Buy
Target Low Average Median High
Price $81 $81 $81 $81
Change +24.02% +24.02% +24.02% +24.02%
* Price targets were last updated on Aug 30, 2024.

Analyst Ratings

The average analyst rating for CM stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 111111
Hold 444441
Sell 000000
Strong Sell 000000
Total 555552

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Buy
Maintains
$77$81
Buy Maintains $77$81 +24.02% Aug 30, 2024
BMO Capital
BMO Capital
Buy
Maintains
$74$77
Buy Maintains $74$77 +17.90% May 31, 2024
B of A Securities
B of A Securities
Hold
Upgrades
n/a
Hold Upgrades n/a n/a Dec 18, 2023
BMO Capital
BMO Capital
Buy
Maintains
$69$65
Buy Maintains $69$65 -0.47% Sep 1, 2023
National Bank Financial Inc
National Bank Financial Inc
Hold
Maintains
$64$62
Hold Maintains $64$62 -5.07% Sep 1, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
26.18B
Revenue Next Year
27.26B
from 26.18B
Increased by 4.15%
EPS This Year
7.46
from 5.16
Increased by 44.62%
EPS Next Year
7.75
from 7.46
Increased by 3.83%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Oct 31, 2019 Oct 31, 2020 Oct 31, 2021 Oct 31, 2022 Oct 31, 2023 Oct 31, 2024 Oct 31, 2025 Oct 31, 2026
Revenue
-----26.18B27.26B28.27B
Revenue Growth
2.13%-6.19%22.18%4.63%2.58%-4.15%3.68%
EPS
5.604.116.966.685.167.467.758.33
EPS Growth
-3.95%-26.54%69.34%-4.02%-22.75%44.62%3.83%7.57%
Forward PE
-----12.2211.7710.94
No. Analysts -----212113
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 26.9B 28.4B 30.8B
Avg 26.2B 27.3B 28.3B
Low 24.6B 24.9B 24.7B

Revenue Growth

Revenue Growth 20242025202620272028
High -
8.5%
13.0%
Avg -
4.1%
3.7%
Low -
-5.1%
-9.3%

EPS Forecast

EPS 202420252026
High 7.73 8.23 9.21
Avg 7.46 7.75 8.33
Low 6.94 6.04 6.98

EPS Growth

EPS Growth 202420252026
High
49.8%
10.3%
18.9%
Avg
44.6%
3.8%
7.6%
Low
34.5%
-19.1%
-9.9%
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.