Comerica (CMA) Stock Forecast, Price Target & Predictions
CMA Stock Forecast
Comerica stock forecast is as follows: an average price target of $73.42 (represents a 27.71% upside from CMA’s last price of $57.49) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
CMA Price Target
The average price target for Comerica (CMA) is $73.42 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $114.00 to $47.24. This represents a potential 27.71% upside from CMA's last price of $57.49.
CMA Analyst Ratings
According to 13 Wall Street analysts, Comerica's rating consensus is 'Buy'. The analyst rating breakdown for CMA stock is 0 'Strong Buy' (0.00%), 5 'Buy' (38.46%), 5 'Hold' (38.46%), 3 'Sell' (23.08%), and 0 'Strong Sell' (0.00%).
Comerica Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 23, 2024 | David Rochester | Compass Point | $56.00 | $51.46 | 8.82% | -2.59% |
| Jul 22, 2024 | Scott Siefers | Piper Sandler | $52.00 | $50.42 | 3.13% | -9.55% |
| Jul 22, 2024 | David George | Robert W. Baird | $65.00 | $50.42 | 28.92% | 13.06% |
| Jul 22, 2024 | Jon Arfstrom | RBC Capital | $56.00 | $50.42 | 11.07% | -2.59% |
| Jul 22, 2024 | Peter Winter | D.A. Davidson | $55.00 | $50.42 | 9.08% | -4.33% |
| Jul 02, 2024 | Michael Rose | Raymond James | $60.00 | $50.80 | 18.11% | 4.37% |
| Jun 20, 2024 | David George | Robert W. Baird | $68.00 | $47.14 | 44.25% | 18.28% |
| Jun 12, 2024 | Jon Arfstrom | RBC Capital | $58.00 | $46.43 | 24.92% | 0.89% |
| May 24, 2024 | Mike Mayo | Wells Fargo | $48.00 | $50.24 | -4.46% | -16.51% |
| Apr 19, 2024 | Scott Siefers | Piper Sandler | $54.00 | $51.87 | 4.12% | -6.07% |
The latest Comerica stock forecast, released on Jul 23, 2024 by David Rochester from Compass Point, set a price target of $56.00, which represents a 8.82% increase from the stock price at the time of the forecast ($51.46), and a -2.59% decrease from CMA last price ($57.49).
Comerica Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 7 | 16 |
| Avg Price Target | - | $58.86 | $58.69 |
| Last Closing Price | $57.49 | $57.49 | $57.49 |
| Upside/Downside | -100.00% | 2.38% | 2.09% |
In the current month, the average price target of Comerica stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Comerica's last price of $57.49. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | Keefe, Bruyette & Woods | Market Perform | Outperform | Upgrade |
| Sep 03, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Aug 05, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 23, 2024 | Compass Point | Buy | Buy | Hold |
| Jul 22, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Jul 22, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jul 22, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 02, 2024 | Raymond James | Strong Buy | Outperform | Upgrade |
| Jun 12, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jun 11, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
Comerica's last stock rating was published by Keefe, Bruyette & Woods on Sep 04, 2024. The company Upgrade its CMA rating from "Market Perform" to "Outperform".
Comerica Financial Forecast
Comerica Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $896.00M | $924.00M | $990.00M | $1.02B | $985.00M | - | $700.00M | $750.00M | $755.00M | $749.00M | $713.00M | $734.00M | $710.00M |
| Avg Forecast | $1.94B | $1.87B | $1.81B | $1.75B | $1.69B | $1.64B | $1.58B | $1.53B | $885.69M | $868.42M | $850.08M | $830.55M | $833.42M | $808.86M | $812.97M | $806.26M | $851.47M | $878.34M | $902.79M | $968.29M | $1.01B | $964.02M | $807.27M | $725.38M | $733.88M | $733.70M | $724.56M | $718.47M | $703.89M | $696.22M |
| High Forecast | $1.98B | $1.91B | $1.85B | $1.78B | $1.73B | $1.67B | $1.61B | $1.56B | $902.14M | $884.54M | $865.87M | $845.97M | $848.90M | $831.47M | $828.06M | $821.23M | $880.67M | $894.65M | $919.56M | $986.27M | $1.03B | $981.92M | $807.27M | $738.46M | $747.11M | $746.93M | $737.61M | $731.42M | $716.57M | $708.77M |
| Low Forecast | $1.92B | $1.85B | $1.79B | $1.73B | $1.67B | $1.62B | $1.56B | $1.51B | $874.88M | $857.82M | $839.71M | $820.41M | $823.25M | $796.96M | $803.04M | $796.41M | $780.28M | $867.62M | $891.78M | $956.48M | $996.46M | $952.25M | $807.27M | $714.93M | $723.30M | $723.13M | $714.11M | $708.11M | $693.74M | $686.18M |
| # Analysts | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.02% | 1.02% | 1.01% | 1.02% | - | 0.97% | 1.02% | 1.03% | 1.03% | 0.99% | 1.04% | 1.02% |
Comerica's average Quarter revenue forecast for Dec 23 based on 12 analysts is $851.47M, with a low forecast of $780.28M, and a high forecast of $880.67M. CMA's average Quarter revenue forecast represents a -4.97% decrease compared to the company's last Quarter revenue of $896.00M (Sep 23).
Comerica EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $327.00M | $356.00M | $650.00M | $601.00M | $523.00M | - | $274.00M | $325.00M | $371.00M | $461.00M | $489.00M | $324.00M | $312.00M |
| Avg Forecast | $686.25M | $663.43M | $641.37M | $620.04M | $599.43M | $579.50M | $560.23M | $541.60M | $313.39M | $307.28M | $300.79M | $293.88M | $294.90M | $286.21M | $287.66M | $333.94M | $301.28M | $310.79M | $319.44M | $303.58M | $356.94M | $343.40M | $285.64M | $275.99M | $308.54M | $312.18M | $287.98M | $395.90M | $242.32M | $306.94M |
| High Forecast | $698.99M | $675.75M | $653.28M | $631.56M | $610.56M | $590.26M | $570.63M | $551.65M | $319.21M | $312.99M | $306.38M | $299.34M | $300.37M | $294.21M | $293.00M | $400.73M | $311.62M | $316.56M | $325.38M | $364.30M | $363.57M | $412.08M | $285.64M | $331.18M | $370.25M | $374.62M | $345.58M | $475.07M | $290.78M | $368.33M |
| Low Forecast | $677.87M | $655.33M | $633.54M | $612.48M | $592.11M | $572.42M | $553.39M | $534.99M | $309.57M | $303.53M | $297.12M | $290.29M | $291.30M | $281.99M | $284.15M | $267.15M | $276.09M | $307.00M | $315.55M | $242.87M | $352.59M | $274.72M | $285.64M | $220.79M | $246.84M | $249.75M | $230.39M | $316.72M | $193.86M | $245.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.11% | 2.14% | 1.68% | 1.52% | - | 0.99% | 1.05% | 1.19% | 1.60% | 1.24% | 1.34% | 1.02% |
12 analysts predict CMA's average Quarter EBITDA for Dec 23 to be $301.28M, with a high of $311.62M and a low of $276.09M. This is -7.86% lower than Comerica's previous annual EBITDA (Sep 23) of $327.00M.
Comerica Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $251.00M | $273.00M | $324.00M | $350.00M | $351.00M | - | $189.00M | $228.00M | $262.00M | $328.00M | $350.00M | $215.00M | $211.00M |
| Avg Forecast | $255.94M | $247.90M | $238.52M | $229.14M | $209.64M | $203.01M | $190.18M | $179.21M | $195.90M | $188.18M | $176.47M | $155.57M | $155.93M | $151.26M | $159.76M | $230.35M | $112.48M | $226.13M | $249.20M | $209.41M | $341.81M | $242.51M | $236.19M | $190.37M | $216.46M | $220.46M | $204.90M | $283.36M | $160.80M | $207.58M |
| High Forecast | $262.12M | $253.88M | $244.28M | $234.67M | $214.70M | $207.91M | $194.77M | $183.54M | $200.63M | $192.72M | $180.73M | $159.32M | $159.69M | $170.00M | $163.62M | $276.42M | $119.00M | $231.59M | $255.22M | $251.29M | $350.06M | $291.01M | $236.19M | $228.44M | $259.75M | $264.56M | $245.88M | $340.03M | $192.96M | $249.09M |
| Low Forecast | $251.88M | $243.97M | $234.74M | $225.50M | $206.32M | $199.78M | $187.16M | $176.37M | $192.79M | $185.19M | $173.67M | $153.10M | $153.45M | $135.20M | $157.23M | $184.28M | $88.84M | $222.54M | $245.25M | $167.53M | $336.38M | $194.01M | $236.19M | $152.30M | $173.16M | $176.37M | $163.92M | $226.69M | $128.64M | $166.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.10% | 1.55% | 1.02% | 1.45% | - | 0.99% | 1.05% | 1.19% | 1.60% | 1.24% | 1.34% | 1.02% |
Comerica's average Quarter net income forecast for Dec 23 is $112.48M, with a range of $88.84M to $119.00M. CMA's average Quarter net income forecast represents a -55.19% decrease compared to the company's last Quarter net income of $251.00M (Sep 23).
Comerica SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $346.00M | $332.00M | $347.00M | $339.00M | $324.00M | - | $298.00M | $307.00M | $296.00M | $293.00M | $294.00M | $291.00M | $274.00M |
| Avg Forecast | $669.29M | $647.04M | $625.52M | $604.72M | $584.62M | $565.18M | $546.39M | $528.22M | $305.65M | $299.69M | $293.36M | $286.62M | $287.61M | $279.14M | $280.55M | $379.04M | $293.84M | $303.11M | $311.55M | $344.58M | $348.12M | $273.98M | $278.59M | $313.25M | $291.46M | $249.07M | $183.03M | $238.02M | $217.64M | $269.55M |
| High Forecast | $681.72M | $659.05M | $637.14M | $615.95M | $595.47M | $575.67M | $556.53M | $538.02M | $311.32M | $305.25M | $298.81M | $291.94M | $292.95M | $286.94M | $285.76M | $454.84M | $303.92M | $308.74M | $317.34M | $413.49M | $354.59M | $328.78M | $278.59M | $375.90M | $349.75M | $298.89M | $219.64M | $285.63M | $261.17M | $323.47M |
| Low Forecast | $661.12M | $639.14M | $617.89M | $597.34M | $577.48M | $558.28M | $539.72M | $521.77M | $301.92M | $296.03M | $289.78M | $283.12M | $284.10M | $275.03M | $277.13M | $303.23M | $269.27M | $299.41M | $307.75M | $275.66M | $343.87M | $219.18M | $278.59M | $250.60M | $233.16M | $199.26M | $146.43M | $190.42M | $174.11M | $215.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 1.07% | 1.01% | 0.97% | 1.18% | - | 0.95% | 1.05% | 1.19% | 1.60% | 1.24% | 1.34% | 1.02% |
Comerica's average Quarter SG&A projection for Dec 23 is $293.84M, based on 12 Wall Street analysts, with a range of $269.27M to $303.92M. The forecast indicates a -15.08% fall compared to CMA last annual SG&A of $346.00M (Sep 23).
Comerica EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 6 | 12 | 9 | 9 | 9 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.85 | $2.02 | $2.41 | $2.61 | $2.63 | - | $1.39 | $1.74 | $1.92 | $2.35 | $2.46 | $1.50 | $1.45 |
| Avg Forecast | $1.91 | $1.85 | $1.78 | $1.71 | $1.56 | $1.51 | $1.42 | $1.34 | $1.46 | $1.40 | $1.32 | $1.16 | $1.16 | $1.13 | $1.19 | $1.10 | $0.84 | $1.69 | $1.86 | $2.29 | $2.55 | $2.57 | $1.78 | $1.38 | $1.58 | $1.64 | $1.61 | $1.37 | $1.19 | $0.84 |
| High Forecast | $1.96 | $1.89 | $1.82 | $1.75 | $1.60 | $1.55 | $1.45 | $1.37 | $1.50 | $1.44 | $1.35 | $1.19 | $1.19 | $1.27 | $1.22 | $1.12 | $0.89 | $1.73 | $1.90 | $2.35 | $2.61 | $2.64 | $1.78 | $1.41 | $1.62 | $1.68 | $1.65 | $1.40 | $1.21 | $0.86 |
| Low Forecast | $1.88 | $1.82 | $1.75 | $1.68 | $1.54 | $1.49 | $1.40 | $1.32 | $1.44 | $1.38 | $1.30 | $1.14 | $1.15 | $1.01 | $1.17 | $1.08 | $0.66 | $1.66 | $1.83 | $2.26 | $2.51 | $2.53 | $1.78 | $1.35 | $1.55 | $1.61 | $1.58 | $1.34 | $1.16 | $0.82 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.09% | 1.05% | 1.02% | 1.02% | - | 1.01% | 1.10% | 1.17% | 1.46% | 1.80% | 1.26% | 1.73% |
According to 12 Wall Street analysts, Comerica's projected average Quarter EPS for Dec 23 is $0.84, with a low estimate of $0.66 and a high estimate of $0.89. This represents a -54.63% decrease compared to CMA previous annual EPS of $1.85 (Sep 23).
Comerica Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PACW | PacWest Bancorp | $7.54 | $34.50 | 357.56% | Hold |
| TFC | Truist Financial | $41.84 | $54.07 | 29.23% | Buy |
| CMA | Comerica | $57.49 | $73.42 | 27.71% | Buy |
| ZION | Zions Bancorporation, National Association | $46.49 | $58.00 | 24.76% | Hold |
| USB | U.S. Bancorp | $44.62 | $54.98 | 23.22% | Buy |
| KEY | KeyCorp | $16.09 | $19.63 | 22.00% | Buy |
| FHN | First Horizon | $15.81 | $18.61 | 17.71% | Buy |
| HBAN | Huntington Bancshares | $14.38 | $16.04 | 11.54% | Buy |
| RF | Regions Financial | $21.97 | $24.19 | 10.10% | Buy |
| PNC | PNC Financial Services Group | $177.24 | $188.63 | 6.43% | Buy |
| WAL | Western Alliance Ban | $81.91 | $86.75 | 5.91% | Buy |
CMA Forecast FAQ
Is Comerica a good buy?
Yes, according to 13 Wall Street analysts, Comerica (CMA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 38.46% of CMA's total ratings.
What is CMA's price target?
Comerica (CMA) average price target is $73.42 with a range of $47.24 to $114, implying a 27.71% from its last price of $57.49. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Comerica stock go up soon?
According to Wall Street analysts' prediction for CMA stock, the company can go up by 27.71% (from the last price of $57.49 to the average price target of $73.42), up by 98.30% based on the highest stock price target, and down by -17.83% based on the lowest stock price target.
Can Comerica stock reach $90?
CMA's highest twelve months analyst stock price target of $114 supports the claim that Comerica can reach $90 in the near future.
What are Comerica's analysts' financial forecasts?
Comerica's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.45B (high $6.57B, low $6.37B), average EBITDA is $2.28B (high $2.32B, low $2.25B), average net income is $782.04M (high $800.92M, low $769.63M), average SG&A $2.22B (high $2.27B, low $2.2B), and average EPS is $5.84 (high $5.98, low $5.74). CMA's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $7.38B (high $7.52B, low $7.29B), average EBITDA is $2.61B (high $2.66B, low $2.58B), average net income is $971.5M (high $994.95M, low $956.09M), average SG&A $2.55B (high $2.59B, low $2.52B), and average EPS is $7.25 (high $7.43, low $7.13).
Did the CMA's actual financial results beat the analysts' financial forecasts?
Based on Comerica's last annual report (Dec 2022), the company's revenue was $3.53B, beating the average analysts forecast of $3.51B by 0.81%. Apple's EBITDA was $1.77B, beating the average prediction of $1.26B by 40.57%. The company's net income was $1.15B, beating the average estimation of $1.01B by 13.86%. Apple's SG&A was $1.28B, beating the average forecast of $1.21B by 5.19%. Lastly, the company's EPS was $8.32, beating the average prediction of $8.28 by 0.49%. In terms of the last quarterly report (Sep 2023), Comerica's revenue was $896M, beating the average analysts' forecast of $878.34M by 2.01%. The company's EBITDA was $327M, beating the average prediction of $310.79M by 5.22%. Comerica's net income was $251M, beating the average estimation of $226.13M by 11.00%. The company's SG&A was $346M, beating the average forecast of $303.11M by 14.15%. Lastly, the company's EPS was $1.85, beating the average prediction of $1.69 by 9.63%