Canadian Imperial Bank of Commerce (CM) Stock Forecast, Price Target & Predictions

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CM Stock Forecast

Canadian Imperial Bank of Commerce stock forecast is as follows: an average price target of $106.62 (represents a 65.64% upside from CM’s last price of $64.37) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

CM Price Target

The average price target for Canadian Imperial Bank of Commerce (CM) is $106.62 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $127.32 to $70.00. This represents a potential 65.64% upside from CM's last price of $64.37.

CM Analyst Ratings

Buy

According to 11 Wall Street analysts, Canadian Imperial Bank of Commerce's rating consensus is 'Buy'. The analyst rating breakdown for CM stock is 0 'Strong Buy' (0.00%), 7 'Buy' (63.64%), 3 'Hold' (27.27%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).

Canadian Imperial Bank of Commerce Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jan 06, 2023		Morgan Stanley	$70.00	$41.90	67.06%	8.75%
Aug 30, 2021	Douglas Young	Desjardins	$122.55	$111.95	9.46%	90.38%
May 19, 2021	Ebrahim Poonawala	Bank of America Securities	$127.32	$105.92	20.20%	97.79%

The latest Canadian Imperial Bank of Commerce stock forecast, released on Jan 06, 2023 by Morgan Stanley company, set a price target of $70.00, which represents a 67.06% increase from the stock price at the time of the forecast ($41.90), and a 8.75% increase from CM last price ($64.37).

Canadian Imperial Bank of Commerce Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	-
Avg Price Target	-	-	-
Last Closing Price	$64.37	$64.37	$64.37
Upside/Downside	-100.00%	-100.00%	-100.00%

In the current month, the average price target of Canadian Imperial Bank of Commerce stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Canadian Imperial Bank of Commerce's last price of $64.37. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Aug 30, 2024	TD Securities	Buy	Buy	Hold
Aug 30, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
Aug 30, 2024	BMO Capital	Outperform	Outperform	Hold
Aug 30, 2024	Scotiabank	Outperform	Outperform	Hold
Aug 30, 2024	Barclays	Underweight	Underweight	Hold
Aug 30, 2024	CIBC	Outperform	Buy	Upgrade
Aug 02, 2024	Desjardins		Buy	Upgrade
Jul 02, 2024	UBS		Neutral	Initialise
Jun 02, 2024	CIBC	Neutral	Outperform	Upgrade
May 31, 2024	RBC Capital	Sector Perform	Sector Perform	Hold
May 31, 2024	BMO Capital	Outperform	Outperform	Hold
May 31, 2024	Barclays	Underweight	Underweight	Hold
May 17, 2024	National Bank	Outperform	Outperform	Hold
May 17, 2024	Scotiabank	Outperform	Outperform	Hold
Feb 20, 2024	Scotiabank	Sector Perform	Sector Outperform	Upgrade
Dec 18, 2023	CIBC		Neutral	Upgrade
Sep 01, 2023	RBC Capital	Sector Perform	Sector Perform	Hold
Jan 06, 2023	Morgan Stanley	Equal-Weight	Equal-Weight	Hold
Dec 05, 2022	RBC Capital		Sector Perform	Downgrade
Dec 02, 2022	Scotiabank		Sector Perform	Downgrade
Dec 02, 2022	Credit Suisse	Outperform	Outperform	Hold
Aug 15, 2022	Barclays	Equal-Weight	Equal-Weight	Hold

Canadian Imperial Bank of Commerce's last stock rating was published by TD Securities on Aug 30, 2024. The company gave CM a "Buy" rating, the same as its previous rate.

Canadian Imperial Bank of Commerce Financial Forecast

Canadian Imperial Bank of Commerce Revenue Forecast

	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$5.93B	$5.37B	$5.55B	$5.36B	-	$5.05B	$5.04B	$4.92B	$4.95B	$4.59B	$4.68B	$4.55B	$4.84B	$4.74B	$4.70B
Avg Forecast	$7.17B	$7.17B	$6.88B	$7.01B	$6.80B	$6.79B	$6.54B	$6.66B	$6.50B	$6.31B	$6.04B	$6.06B	$5.89B	$5.80B	$5.73B	$5.73B	$5.58B	$5.58B	$5.28B	$5.24B	$5.09B	$4.94B	$4.80B	$4.77B	$4.64B	$4.78B	$4.78B	$4.76B	$4.74B	$4.71B
High Forecast	$7.28B	$7.28B	$6.99B	$7.11B	$6.90B	$6.89B	$6.64B	$6.77B	$6.55B	$6.41B	$6.13B	$6.15B	$5.98B	$5.89B	$5.82B	$5.81B	$5.64B	$5.59B	$5.30B	$5.25B	$5.10B	$4.96B	$4.81B	$4.78B	$4.65B	$4.80B	$4.79B	$4.77B	$4.75B	$4.73B
Low Forecast	$7.07B	$7.07B	$6.79B	$6.91B	$6.70B	$6.69B	$6.45B	$6.55B	$6.45B	$6.23B	$5.96B	$5.98B	$5.81B	$5.72B	$5.66B	$5.65B	$5.52B	$5.56B	$5.27B	$5.22B	$5.07B	$4.93B	$4.78B	$4.76B	$4.63B	$4.77B	$4.76B	$4.74B	$4.72B	$4.70B
# Analysts	1	1	1	1	1	1	1	2	5	2	2	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.04%	0.96%	1.00%	1.01%	-	0.99%	1.02%	1.02%	1.04%	0.99%	0.98%	0.95%	1.02%	1.00%	1.00%

Canadian Imperial Bank of Commerce's average Quarter revenue forecast for May 23 based on 1 analysts is $5.73B, with a low forecast of $5.66B, and a high forecast of $5.82B. CM's average Quarter revenue forecast represents a -3.31% decrease compared to the company's last Quarter revenue of $5.93B (Jan 23).

Canadian Imperial Bank of Commerce EBITDA Forecast

	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19
# Analysts	1	1	1	1	1	1	1	2	5	2	2	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.49B	$6.75B	$4.96B	$3.37B	-	$2.89B	$3.24B	$3.21B	$3.25B	$2.96B	$2.84B	$2.69B	$4.19B	$4.31B	$4.52B
Avg Forecast	-	-	-	-	-	-	-	-	-	-	$3.70B	-	-	-	$3.37B	$3.34B	$2.67B	$2.67B	$3.06B	$2.51B	$2.43B	$2.36B	$2.36B	$2.28B	$2.22B	$2.29B	$3.84B	$2.28B	$2.26B	$2.25B
High Forecast	-	-	-	-	-	-	-	-	-	-	$4.44B	-	-	-	$4.04B	$4.01B	$2.70B	$2.68B	$3.67B	$2.51B	$2.44B	$2.37B	$2.84B	$2.29B	$2.23B	$2.29B	$4.61B	$2.28B	$2.27B	$2.26B
Low Forecast	-	-	-	-	-	-	-	-	-	-	$2.96B	-	-	-	$2.69B	$2.67B	$2.64B	$2.66B	$2.45B	$2.50B	$2.43B	$2.36B	$1.89B	$2.27B	$2.21B	$2.28B	$3.07B	$2.27B	$2.26B	$2.25B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.54%	2.53%	1.86%	1.10%	-	1.19%	1.37%	1.36%	1.43%	1.33%	1.24%	0.70%	1.84%	1.90%	2.00%

1 analysts predict CM's average Quarter EBITDA for May 23 to be $3.37B, with a high of $4.04B and a low of $2.69B. This is -60.36% lower than Canadian Imperial Bank of Commerce's previous annual EBITDA (Jan 23) of $8.49B.

Canadian Imperial Bank of Commerce Net Income Forecast

	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19
# Analysts	1	1	1	1	1	1	1	2	5	2	2	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$423.00M	$1.18B	$1.66B	$1.52B	-	$1.44B	$1.73B	$1.65B	$1.62B	$1.01B	$1.17B	$400.00M	$1.21B	$1.19B	$1.39B
Avg Forecast	$2.01B	$2.01B	$1.90B	$1.98B	$1.80B	$1.82B	$1.75B	$1.81B	$1.68B	$1.65B	$2.00B	$1.57B	$1.42B	$1.59B	$1.82B	$1.66B	$1.63B	$1.73B	$1.65B	$1.74B	$1.67B	$1.61B	$1.18B	$1.33B	$1.19B	$1.03B	$1.10B	$1.42B	$1.45B	$1.45B
High Forecast	$2.05B	$2.05B	$1.94B	$2.02B	$1.84B	$1.86B	$1.78B	$1.95B	$1.73B	$1.65B	$2.40B	$1.57B	$1.45B	$1.62B	$2.18B	$1.99B	$1.65B	$1.74B	$1.98B	$1.76B	$1.68B	$1.61B	$1.41B	$1.33B	$1.19B	$1.04B	$1.33B	$1.42B	$1.45B	$1.46B
Low Forecast	$1.98B	$1.97B	$1.87B	$1.94B	$1.77B	$1.79B	$1.72B	$1.68B	$1.59B	$1.65B	$1.60B	$1.56B	$1.40B	$1.56B	$1.45B	$1.33B	$1.60B	$1.72B	$1.32B	$1.71B	$1.66B	$1.60B	$941.45M	$1.32B	$1.18B	$1.03B	$883.40M	$1.41B	$1.44B	$1.45B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.26%	0.72%	0.96%	0.92%	-	0.86%	1.07%	1.40%	1.22%	0.86%	1.13%	0.36%	0.85%	0.82%	0.96%

Canadian Imperial Bank of Commerce's average Quarter net income forecast for May 23 is $1.82B, with a range of $1.45B to $2.18B. CM's average Quarter net income forecast represents a 329.10% increase compared to the company's last Quarter net income of $423.00M (Jan 23).

Canadian Imperial Bank of Commerce SG&A Forecast

	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19
# Analysts	1	1	1	1	1	1	1	2	5	2	2	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.98B	$2.00B	$1.86B	$1.83B	-	$1.76B	$1.67B	$1.65B	$1.61B	$1.44B	$1.56B	$1.55B	$1.64B	$1.53B	$1.56B
Avg Forecast	$2.75B	$2.75B	$2.64B	$2.69B	$2.61B	$2.60B	$2.51B	$2.55B	$2.49B	$2.42B	$1.94B	$2.32B	$2.26B	$2.23B	$1.76B	$2.03B	$1.89B	$1.89B	$1.60B	$1.78B	$1.73B	$1.68B	$1.17B	$1.62B	$1.57B	$1.62B	$1.50B	$1.61B	$1.61B	$1.60B
High Forecast	$2.79B	$2.79B	$2.68B	$2.73B	$2.65B	$2.64B	$2.55B	$2.60B	$2.51B	$2.46B	$2.33B	$2.36B	$2.29B	$2.26B	$2.12B	$2.43B	$1.91B	$1.90B	$1.92B	$1.78B	$1.73B	$1.68B	$1.40B	$1.62B	$1.58B	$1.63B	$1.80B	$1.62B	$1.61B	$1.60B
Low Forecast	$2.71B	$2.71B	$2.60B	$2.65B	$2.57B	$2.57B	$2.48B	$2.51B	$2.47B	$2.39B	$1.55B	$2.29B	$2.23B	$2.20B	$1.41B	$1.62B	$1.87B	$1.89B	$1.28B	$1.77B	$1.72B	$1.67B	$934.48M	$1.61B	$1.57B	$1.62B	$1.20B	$1.61B	$1.60B	$1.59B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.98%	1.06%	0.98%	1.14%	-	1.02%	1.00%	1.41%	0.99%	0.92%	0.96%	1.04%	1.01%	0.95%	0.98%

Canadian Imperial Bank of Commerce's average Quarter SG&A projection for May 23 is $1.76B, based on 1 Wall Street analysts, with a range of $1.41B to $2.12B. The forecast indicates a -11.07% fall compared to CM last annual SG&A of $1.98B (Jan 23).

Canadian Imperial Bank of Commerce EPS Forecast

	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19	Jul 19
# Analysts	1	1	1	1	1	1	1	2	5	2	2	1	2	1	1	1	1	1	1	1	1	1	1	1	9	15	9	9	16	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.39	$1.30	$1.79	$1.63	-	$1.54	$1.92	$1.84	$1.81	$1.14	$1.31	$0.45	$1.35	$1.33	$1.56
Avg Forecast	$2.14	$2.13	$2.02	$2.10	$1.92	$1.94	$1.86	$1.92	$1.78	$1.75	$1.64	$1.66	$1.51	$1.69	$1.64	$1.72	$1.72	$1.83	$1.78	$1.84	$1.77	$1.70	$1.50	$1.40	$1.25	$1.09	$0.86	$1.50	$1.53	$1.54
High Forecast	$2.18	$2.18	$2.06	$2.14	$1.95	$1.97	$1.89	$2.07	$1.84	$1.75	$1.68	$1.67	$1.54	$1.72	$1.67	$1.75	$1.74	$1.84	$1.79	$1.86	$1.77	$1.71	$1.51	$1.41	$1.26	$1.10	$0.86	$1.50	$1.54	$1.54
Low Forecast	$2.10	$2.10	$1.98	$2.07	$1.88	$1.90	$1.82	$1.79	$1.68	$1.75	$1.61	$1.66	$1.49	$1.66	$1.61	$1.68	$1.70	$1.82	$1.78	$1.81	$1.76	$1.69	$1.50	$1.40	$1.25	$1.09	$0.86	$1.49	$1.53	$1.53
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.23%	0.76%	0.98%	0.91%	-	0.87%	1.13%	1.22%	1.29%	0.91%	1.20%	0.52%	0.90%	0.87%	1.02%

According to 1 Wall Street analysts, Canadian Imperial Bank of Commerce's projected average Quarter EPS for May 23 is $1.64, with a low estimate of $1.61 and a high estimate of $1.67. This represents a 319.84% increase compared to CM previous annual EPS of $0.39 (Jan 23).

Canadian Imperial Bank of Commerce Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
TD	Toronto-Dominion Bank	$52.55	$89.52	70.35%	Buy
CM	Canadian Imperial Bank of Commerce	$65.76	$106.62	62.14%	Buy
RY	Royal Bank of Canada	$123.70	$193.00	56.02%	Buy
NU	Nu	$11.70	$15.40	31.62%	Buy
BNS	Bank of Nova Scotia	$54.74	$71.00	29.70%	Hold
BMO	Bank of Montreal	$98.15	$120.95	23.23%	Hold
BAC	Bank of America	$45.05	$55.00	22.09%	Buy
C	Citigroup	$71.12	$76.00	6.86%	Buy
WFC	Wells Fargo & Company	$70.81	$67.15	-5.17%	Buy
JPM	JPMorgan Chase	$238.36	$225.42	-5.43%	Buy

CM Forecast FAQ

Is Canadian Imperial Bank of Commerce a good buy?

Yes, according to 11 Wall Street analysts, Canadian Imperial Bank of Commerce (CM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 63.64% of CM's total ratings.

What is CM's price target?

Canadian Imperial Bank of Commerce (CM) average price target is $106.62 with a range of $70 to $127.32, implying a 65.64% from its last price of $64.37. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Canadian Imperial Bank of Commerce stock go up soon?

According to Wall Street analysts' prediction for CM stock, the company can go up by 65.64% (from the last price of $64.37 to the average price target of $106.62), up by 97.79% based on the highest stock price target, and up by 8.75% based on the lowest stock price target.

Can Canadian Imperial Bank of Commerce stock reach $100?

CM's average twelve months analyst stock price target of $106.62 supports the claim that Canadian Imperial Bank of Commerce can reach $100 in the near future.

What are Canadian Imperial Bank of Commerce's analysts' financial forecasts?

Canadian Imperial Bank of Commerce's analysts financial forecasts for the fiscal year (Oct 2025) are as follows: average revenue is $26.78B (high $27.19B, low $26.4B), average EBITDA is $0 (high $0, low $0), average net income is $7.18B (high $7.43B, low $6.96B), average SG&A $10.27B (high $10.43B, low $10.12B), and average EPS is $7.62 (high $7.89, low $7.39). CM's analysts financial forecasts for the fiscal year (Oct 2026) are as follows: average revenue is $28.24B (high $28.65B, low $27.85B), average EBITDA is $0 (high $0, low $0), average net income is $7.9B (high $8.05B, low $7.76B), average SG&A $10.83B (high $10.99B, low $10.68B), and average EPS is $8.39 (high $8.55, low $8.24).

Did the CM's actual financial results beat the analysts' financial forecasts?

Based on Canadian Imperial Bank of Commerce's last annual report (Oct 2022), the company's revenue was $21.76B, beating the average analysts forecast of $21.68B by 0.40%. Apple's EBITDA was $18.54B, beating the average prediction of $10.9B by 70.03%. The company's net income was $6.22B, missing the average estimation of $6.74B by -7.75%. Apple's SG&A was $7.49B, beating the average forecast of $7.16B by 4.59%. Lastly, the company's EPS was $6.7, missing the average prediction of $7.17 by -6.52%. In terms of the last quarterly report (Jan 2023), Canadian Imperial Bank of Commerce's revenue was $5.93B, beating the average analysts' forecast of $5.73B by 3.53%. The company's EBITDA was $8.49B, beating the average prediction of $3.34B by 154.35%. Canadian Imperial Bank of Commerce's net income was $423M, missing the average estimation of $1.66B by -74.50%. The company's SG&A was $1.98B, missing the average forecast of $2.03B by -2.28%. Lastly, the company's EPS was $0.39, missing the average prediction of $1.72 by -77.27%