CEMEX, S.A.B. de C.V. (CX)
NYSE: CX · Real-Time Price · USD
5.65
+0.03 (0.53%)
Dec 20, 2024, 4:00 PM EST - Market closed
Cemex Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Cemex stock have an average target of 7.70, with a low estimate of 5.00 and a high estimate of 10. The average target predicts an increase of 36.28% from the current stock price of 5.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cemex stock from 6 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 | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 3 | 3 | 2 |
| Sell | 1 | 1 | 1 | 0 | 0 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold → Sell Downgrades $6 → $5 | Hold → Sell | Downgrades | $6 → $5 | -11.50% | Dec 11, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $8.9 → $8.2 | Buy | Maintains | $8.9 → $8.2 | +45.13% | Nov 1, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $10 → $8.9 | Buy | Maintains | $10 → $8.9 | +57.52% | Oct 29, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $6.5 → $6 | Hold | Maintains | $6.5 → $6 | +6.19% | Oct 29, 2024 |
| Barclays | Barclays | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +41.59% | Oct 29, 2024 |
Financial Forecast
Revenue This Year
18.34B
from 17.39B
Increased by 5.48%
Revenue Next Year
18.92B
from 18.34B
Increased by 3.14%
EPS This Year
0.07
from 0.01
Increased by 454.78%
EPS Next Year
0.08
from 0.07
Increased by 9.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 19.3B | 20.0B | 20.9B | |||
| Avg | 18.3B | 18.9B | 19.8B | |||
| Low | 16.7B | 17.1B | 18.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 11.1% | 9.1% | 10.6% | |||
| Avg | 5.5% | 3.1% | 4.7% | |||
| Low | -3.9% | -6.8% | -2.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.07 | 0.08 | 0.08 |
| Avg | 0.07 | 0.08 | 0.08 |
| Low | 0.06 | 0.07 | 0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 493.8% | 22.3% | 11.2% |
| Avg | 454.8% | 10.0% | 9.1% |
| Low | 375.0% | -0.1% | 3.8% |
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.