Commerce Bancshares, Inc. (CBSH)
NASDAQ: CBSH · IEX Real-Time Price · USD
56.26
-0.62 (-1.09%)
At close: May 16, 2024, 4:00 PM
55.15
-1.11 (-1.97%)
After-hours: May 16, 2024, 4:03 PM EDT
Commerce Bancshares Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Commerce Bancshares stock have an average target of 54.05, with a low estimate of 45.71 and a high estimate of 61. The average target predicts a decrease of -3.93% from the current stock price of 56.26.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CBSH stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 4 | 5 | 5 | 5 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 6 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $58 → $60 | Hold | Maintains | $58 → $60 | +6.65% | May 10, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $61 | Hold → Buy | Upgrades | $61 | +8.43% | Apr 17, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $56 → $58 | Hold | Maintains | $56 → $58 | +3.09% | Apr 17, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $53 → $54 | Hold | Maintains | $53 → $54 | -4.02% | Apr 17, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $46 → $55 | Hold | Maintains | $46 → $55 | -2.24% | Feb 7, 2024 |
Financial Forecast
Revenue This Year
1.62B
from 1.54B
Increased by 5.23%
Revenue Next Year
1.65B
from 1.62B
Increased by 2.35%
EPS This Year
3.35
from 3.64
Decreased by -7.99%
EPS Next Year
3.45
from 3.35
Increased by 2.94%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7B | 1.8B | 1.8B |
| Avg | 1.6B | 1.7B | 1.8B |
| Low | 1.5B | 1.5B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.9% | 8.6% | 11.0% |
| Avg | 5.2% | 2.4% | 7.8% |
| Low | -1.4% | -4.5% | 3.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.62 | 3.95 |
| Avg | 3.35 | 3.45 |
| Low | 3.04 | 2.99 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -0.5% | 17.9% |
| Avg | -8.0% | 2.9% |
| Low | -16.5% | -10.8% |
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.