Canadian Imperial Bank of Commerce (CM)

CM Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for CM stock have an average target of 92, with a low estimate of 81 and a high estimate of 103. The average target predicts an increase of 56.54% from the current stock price of 58.77.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$81	$92	$103	$103
Change	+37.83%	+56.54%	+75.26%	+75.26%

* Price targets were last updated on Jan 9, 2025.

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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	2	2	2	2
Hold	4	2	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	3	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Darko Mihelic RBC Capital	RBC Capital	Hold → Buy Upgrades $97 → $103	Hold → Buy	Upgrades	$97 → $103	+75.26%	Jan 9, 2025
Darko Mihelic RBC Capital	RBC Capital	Hold Reiterates $74 → $97	Hold	Reiterates	$74 → $97	+65.05%	Dec 6, 2024
Sohrab Movahedi BMO Capital	BMO Capital	Buy Maintains $77 → $81	Buy	Maintains	$77 → $81	+37.83%	Aug 30, 2024
Sohrab Movahedi BMO Capital	BMO Capital	Buy Maintains $74 → $77	Buy	Maintains	$74 → $77	+31.02%	May 31, 2024
Ebrahim Poonawala B of A Securities	B of A Securities	Sell → Hold Upgrades n/a	Sell → Hold	Upgrades	n/a	n/a	Dec 18, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

28.89B

Increased by 22.37%

from 23.61B

Revenue Next Year

30.16B

Increased by 4.40%

from 28.89B

EPS This Year

8.29

Increased by 13.94%

from 7.28

EPS Next Year

8.88

Increased by 7.09%

from 8.29

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	16.25B	19.86B	20.78B	21.32B	23.61B	28.89B	30.16B	30.85B
Revenue Growth	-6.19%	22.18%	4.63%	2.63%	10.71%	22.37%	4.40%	2.31%
EPS	4.11	6.96	6.68	5.17	7.28	8.29	8.88	9.26
EPS Growth	-26.54%	69.34%	-4.02%	-22.61%	40.81%	13.94%	7.09%	4.21%
Forward PE	-	-	-	-	-	9.81	9.16	8.79
No. Analysts	-	-	-	-	-	19	18	8

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	29.9B	32.0B	32.2B
Avg	28.9B	30.2B	30.9B
Low	25.8B	27.5B	28.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	26.8%	10.7%	6.9%
Avg	22.4%	4.4%	2.3%
Low	9.3%	-4.6%	-4.9%

EPS Forecast

EPS	2025	2026	2027
High	8.86	9.46	9.87
Avg	8.29	8.88	9.26
Low	7.39	7.89	8.23

EPS Growth

EPS Growth	2025	2026	2027
High	21.7%	14.1%	11.1%
Avg	13.9%	7.1%	4.2%
Low	1.5%	-4.9%	-7.3%

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.