Canadian Imperial Bank of Commerce (CM)
NYSE: CM · IEX Real-Time Price · USD
50.63
+0.55 (1.11%)
Mar 28, 2024, 11:31 AM EDT - Market open
CM Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for CM stock have an average target of 62.75, with a low estimate of 57 and a high estimate of 67. The average target predicts an increase of 23.95% from the current stock price of 50.63.
Analyst Consensus: Hold
* Price targets were last updated on Sep 1, 2023.
Analyst Ratings
The average analyst rating for CM stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 3 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
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 | +28.40% | Sep 1, 2023 |
National Bank Financial Inc | National Bank Financial Inc | Hold Maintains $64 → $62 | Hold | Maintains | $64 → $62 | +22.47% | Sep 1, 2023 |
RBC Capital | RBC Capital | Hold Maintains $72 → $67 | Hold | Maintains | $72 → $67 | +32.35% | Sep 1, 2023 |
Barclays | Barclays | Hold Maintains $58 → $57 | Hold | Maintains | $58 → $57 | +12.59% | Sep 1, 2023 |
Financial Forecast
Revenue This Year
25.35B
from 23.32B
Increased by 8.69%
Revenue Next Year
26.41B
from 25.35B
Increased by 4.20%
EPS This Year
6.91
from 5.16
Increased by 33.89%
EPS Next Year
7.18
from 6.91
Increased by 3.91%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 26.1B | 27.9B | 30.6B | 28.9B |
Avg | 25.3B | 26.4B | 27.1B | 27.1B |
Low | 23.5B | 23.3B | 23.7B | 24.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 12.0% | 10.2% | 15.7% | 6.4% |
Avg | 8.7% | 4.2% | 2.7% | -0.1% |
Low | 0.6% | -8.0% | -10.2% | -9.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 7.46 | 8.14 | 8.66 |
Avg | 6.91 | 7.18 | 7.43 |
Low | 5.79 | 4.82 | 6.06 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 44.5% | 17.8% | 20.6% |
Avg | 33.9% | 3.9% | 3.5% |
Low | 12.2% | -30.2% | -15.6% |
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.