Canadian Imperial Bank of Commerce (CM)
NYSE: CM · Real-Time Price · USD
63.08
+0.13 (0.21%)
Nov 4, 2024, 12:39 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 28.41% from the current stock price of 63.08.
Analyst Consensus: Buy
* 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 | 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 | 4 | 4 | 4 | 4 | 4 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $77 → $81 | Buy | Maintains | $77 → $81 | +28.41% | Aug 30, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $74 → $77 | Buy | Maintains | $74 → $77 | +22.07% | May 31, 2024 |
| B of A Securities | B of A Securities | Sell → Hold Upgrades n/a | Sell → Hold | Upgrades | n/a | n/a | Dec 18, 2023 |
| BMO Capital | BMO Capital | Buy Maintains $69 → $65 | Buy | Maintains | $69 → $65 | +3.04% | Sep 1, 2023 |
| National Bank Financial Inc | National Bank Financial Inc | Hold Maintains $64 → $62 | Hold | Maintains | $64 → $62 | -1.71% | Sep 1, 2023 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 8.5% | 13.0% | ||
| Avg | - | 4.1% | 3.7% | ||
| Low | - | -5.1% | -9.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.