Canadian Imperial Bank of Commerce (CM)
NYSE: CM · Real-Time Price · USD
64.37
+0.59 (0.93%)
Dec 20, 2024, 4:00 PM EST - Market closed
CM Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CM stock have an average target of 89, with a low estimate of 81 and a high estimate of 97. The average target predicts an increase of 38.26% from the current stock price of 64.37.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '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 |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $74 → $97 | Hold | Reiterates | $74 → $97 | +50.69% | Dec 6, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $77 → $81 | Buy | Maintains | $77 → $81 | +25.84% | Aug 30, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $74 → $77 | Buy | Maintains | $74 → $77 | +19.62% | 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 | +0.98% | Sep 1, 2023 |
Financial Forecast
Revenue This Year
27.31B
Revenue Next Year
28.49B
from 27.31B
Increased by 4.31%
EPS This Year
7.77
from 7.28
Increased by 6.70%
EPS Next Year
8.36
from 7.77
Increased by 7.66%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 28.5B | 31.1B | 29.9B | |
| Avg | 27.3B | 28.5B | 29.3B | |
| Low | 24.9B | 24.7B | 27.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | - | 13.9% | 5.0% | |
| Avg | - | 4.3% | 3.0% | |
| Low | - | -9.5% | -2.0% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 8.20 | 9.07 |
| Avg | 7.77 | 8.36 |
| Low | 6.04 | 6.98 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 12.6% | 16.8% |
| Avg | 6.7% | 7.7% |
| Low | -17.1% | -10.2% |
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.