Canadian Imperial Bank of Commerce (CM) Stock Forecast, Price Target & Predictions
CM Stock Forecast
Canadian Imperial Bank of Commerce (CM) stock forecast, based on 11 Wall Street analysts, predicts a 12-month average price target of $106.62, with a high of $127.32 and a low of $70.00. This represents a 72.89% increase from the last price of $61.67.
CM Stock Rating
Canadian Imperial Bank of Commerce stock's rating consensus is Buy, based on 11 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (72.73%), 2 Hold (18.18%), 1 Sell (9.09%), and 0 Strong Sell (0.00%).
Buy
CM Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Canadian Imperial Bank of Commerce | 72.89% |
Sector | Financial Services Stocks | 3.45% |
Industry | Diversified Banks Stocks | 9.14% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | - |
Avg Price Target | - | - | - |
Last Closing Price | $61.67 | $61.67 | $61.67 |
Upside/Downside | - | - | - |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Feb, 25 | 6 | 4 | 4 | - | 2 | 16 |
Jan, 25 | 6 | 4 | 4 | 1 | 1 | 16 |
Dec, 24 | 5 | 4 | 4 | 1 | 2 | 16 |
Nov, 24 | 5 | 4 | 5 | 1 | 2 | 17 |
Oct, 24 | 5 | 6 | 6 | 1 | 2 | 20 |
Analyst Price Target Forecasts
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% | 13.51% | |
Aug 30, 2021 | Douglas Young | Desjardins | $122.55 | $111.95 | 9.47% | 98.72% |
May 19, 2021 | Ebrahim Poonawala | Bank of America Securities | $127.32 | $105.92 | 20.20% | 106.45% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jan 08, 2025 | RBC Capital | Sector Perform | Outperform | upgrade |
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 |
Financial Forecast
EPS Forecast
Annual
Oct 20 | Oct 21 | Oct 22 | Oct 23 | Oct 24 | Oct 25 | Oct 26 | Oct 27 | Oct 28 | Oct 29 | |
---|---|---|---|---|---|---|---|---|---|---|
Reported | $4.12 | $6.98 | $6.70 | $5.16 | - | - | - | - | - | - |
Avg Forecast | $4.69 | $7.30 | $14.71 | $6.62 | $7.27 | $7.80 | $8.48 | $8.15 | $8.91 | - |
High Forecast | $4.58 | $7.13 | $11.77 | $6.51 | $7.14 | $7.33 | $7.97 | $5.84 | $8.66 | - |
Low Forecast | $4.76 | $7.41 | $17.64 | $6.75 | $7.45 | $8.04 | $8.76 | $10.45 | $9.17 | - |
Surprise % | -12.15% | -4.38% | -54.45% | -22.05% | - | - | - | - | - | - |
Revenue Forecast
Annual
Oct 20 | Oct 21 | Oct 22 | Oct 23 | Oct 24 | Oct 25 | Oct 26 | Oct 27 | Oct 28 | Oct 29 | |
---|---|---|---|---|---|---|---|---|---|---|
Reported | $18.67B | $19.96B | $21.76B | $23.29B | - | - | - | - | - | - |
Avg Forecast | $18.85B | $20.38B | $18.42B | $23.35B | $25.49B | $27.29B | $28.75B | $30.50B | $31.69B | $32.58B |
High Forecast | $18.52B | $20.02B | $14.74B | $23.14B | $25.11B | $27.22B | $28.26B | $30.50B | $30.99B | $31.86B |
Low Forecast | $19.07B | $20.62B | $22.11B | $23.56B | $26.05B | $27.39B | $29.43B | $30.51B | $32.38B | $33.29B |
Surprise % | -0.98% | -2.07% | 18.15% | -0.24% | - | - | - | - | - | - |
Net Income Forecast
Annual
Oct 20 | Oct 21 | Oct 22 | Oct 23 | Oct 24 | Oct 25 | Oct 26 | Oct 27 | Oct 28 | Oct 29 | |
---|---|---|---|---|---|---|---|---|---|---|
Reported | $3.79B | $6.43B | $6.22B | $5.00B | - | - | - | - | - | - |
Avg Forecast | $3.40B | $5.39B | $6.57B | $4.73B | $6.85B | $7.18B | $7.96B | $8.51B | $8.40B | - |
High Forecast | $2.72B | $4.32B | $5.26B | $3.78B | $6.73B | $6.90B | $7.51B | $5.50B | $8.15B | - |
Low Forecast | $4.09B | $6.47B | $7.89B | $5.67B | $7.01B | $7.57B | $8.25B | $9.84B | $8.63B | - |
Surprise % | 11.31% | 19.18% | -5.37% | 5.65% | - | - | - | - | - | - |