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Core & Main (CNM) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CNM Stock Forecast

Core & Main stock forecast is as follows: an average price target of $51.00 (represents a 0.91% upside from CNM’s last price of $50.54) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

CNM Price Target

The average price target for Core & Main (CNM) is $51.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $62.00 to $38.00. This represents a potential 0.91% upside from CNM's last price of $50.54.

CNM Analyst Ratings

Buy

According to 11 Wall Street analysts, Core & Main's rating consensus is 'Buy'. The analyst rating breakdown for CNM stock is 0 'Strong Buy' (0.00%), 8 'Buy' (72.73%), 3 'Hold' (27.27%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Core & Main Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 04, 2024Mike DahlRBC Capital$62.00$54.6813.39%22.68%
Sep 23, 2024Sam ReidWells Fargo$52.00$43.4119.79%2.89%
Sep 05, 2024Jeffrey StevensonLoop Capital Markets$52.00$39.7730.77%2.89%
Sep 05, 2024Keith HughesTruist Financial$38.00$39.72-4.33%-24.81%
Sep 05, 2024Mike DahlRBC Capital$53.00$39.7533.33%4.87%
Jun 05, 2024Keith HughesTruist Financial$50.00$47.984.21%-1.07%
Jun 04, 2024Mike DahlRBC Capital$60.00$48.3424.12%18.72%
Mar 20, 2024Matthew BouleyBarclays$65.00$55.5117.10%28.61%
Dec 04, 2023Nigel CoeWolfe Research$40.00$35.9211.36%-20.85%
Dec 04, 2023Matthew BouleyBarclays$38.00$35.925.79%-24.81%
Jun 15, 2022Mike DahlRBC Capital$28.00$22.2925.62%-44.60%

The latest Core & Main stock forecast, released on Dec 04, 2024 by Mike Dahl from RBC Capital, set a price target of $62.00, which represents a 13.39% increase from the stock price at the time of the forecast ($54.68), and a 22.68% increase from CNM last price ($50.54).

Core & Main Price Target by Period

1M3M12M
# Anlaysts128
Avg Price Target$62.00$57.00$54.00
Last Closing Price$50.54$50.54$50.54
Upside/Downside22.68%12.78%6.85%

In the current month, the average price target of Core & Main stock is $62.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 22.68% increase as opposed to Core & Main's last price of $50.54. This month's average price target is up 8.77% compared to last quarter, and up 14.81% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 04, 2024Bank of America SecuritiesUnderperformUnderperformHold
Dec 04, 2024RBC CapitalOutperformOutperformHold
Sep 23, 2024Wells FargoOverweightInitialise
Sep 05, 2024Loop Capital MarketsBuyBuyHold
Sep 05, 2024RBC CapitalOutperformOutperformHold
Jun 05, 2024Truist FinancialBuyBuyHold
Jun 05, 2024Loop Capital MarketsBuyBuyHold
Jun 05, 2024CitigroupNeutralNeutralHold
Jun 04, 2024RBC CapitalOutperformOutperformHold
Apr 05, 2024CitigroupHoldNeutralDowngrade
Mar 20, 2024Loop Capital MarketsUnderperformUnderperformHold
Mar 20, 2024RBC CapitalBuyBuyHold
Mar 19, 2024CitigroupHoldHoldHold
Mar 19, 2024BarclaysOverweightOverweightHold
Mar 19, 2024Goldman SachsNeutralNeutralHold
Mar 19, 2024Loop Capital MarketsBuyBuyHold
Jan 08, 2024CitigroupNeutralBuyUpgrade
Dec 04, 2023Goldman SachsNeutralNeutralHold
Dec 04, 2023BarclaysOverweightOverweightHold
Dec 04, 2023CitigroupNeutralNeutralHold
Dec 04, 2023RBC CapitalOutperformOutperformHold
Oct 12, 2023Seaport GlobalNeutralInitialise
Oct 12, 2023Wolfe ResearchOutperformUpgrade
Jun 07, 2023Credit SuisseOutperformOutperformHold
Apr 03, 2023Deutsche BankBuyBuyHold

Core & Main's last stock rating was published by Bank of America Securities on Dec 04, 2024. The company gave CNM a "Underperform" rating, the same as its previous rate.

Core & Main Financial Forecast

Core & Main Revenue Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21
Revenue------------$1.44B$1.83B$1.86B$1.57B$1.37B$1.82B$1.86B-$1.25B$1.40B-
Avg Forecast$3.05B$2.92B$2.79B$2.67B$1.72B$2.14B$2.08B$1.84B$1.68B$1.99B$2.06B$1.72B$1.43B$1.82B$1.86B$1.60B$1.38B$1.69B$1.67B$1.40B$1.15B$1.30B$1.23B
High Forecast$3.08B$2.95B$2.82B$2.70B$1.74B$2.16B$2.11B$1.86B$1.69B$2.00B$2.06B$1.72B$1.43B$1.84B$1.88B$1.61B$1.39B$1.73B$1.71B$1.43B$1.18B$1.33B$1.26B
Low Forecast$3.01B$2.88B$2.75B$2.63B$1.70B$2.11B$2.05B$1.82B$1.67B$1.96B$2.05B$1.72B$1.43B$1.81B$1.83B$1.57B$1.36B$1.66B$1.63B$1.37B$1.13B$1.27B$1.20B
# Analysts33345452773336444222233
Surprise %------------1.01%1.00%1.00%0.99%1.00%1.07%1.11%-1.08%1.08%-

Core & Main's average Quarter revenue forecast for Apr 24 based on 3 analysts is $1.72B, with a low forecast of $1.72B, and a high forecast of $1.72B. CNM's average Quarter revenue forecast represents a 19.60% increase compared to the company's last Quarter revenue of $1.44B (Jan 24).

Core & Main EBITDA Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21
# Analysts33345452773336444222233
EBITDA------------$141.00M$208.00M$209.00M$218.00M$160.00M$271.00M$274.00M-$114.90M$139.40M-
Avg Forecast$335.09M$320.41M$306.36M$292.93M$189.22M$235.02M$228.72M$202.31M$184.02M$218.38M$225.74M$103.92M$156.76M$200.37M$203.81M$82.15M$111.68M$191.81M$189.33M$74.69M$130.44M$152.39M$139.58M
High Forecast$338.82M$323.97M$309.77M$296.20M$191.33M$237.63M$231.27M$204.57M$185.11M$219.48M$226.13M$124.71M$156.83M$202.60M$206.08M$98.58M$134.02M$196.02M$193.52M$89.62M$133.33M$182.86M$142.67M
Low Forecast$330.35M$315.87M$302.02M$288.79M$186.54M$231.69M$225.48M$199.45M$182.92M$215.29M$225.35M$83.14M$156.69M$199.28M$200.92M$65.72M$89.35M$187.53M$185.14M$59.75M$127.56M$121.91M$136.49M
Surprise %------------0.90%1.04%1.03%2.65%1.43%1.41%1.45%-0.88%0.91%-

3 analysts predict CNM's average Quarter EBITDA for Apr 24 to be $103.92M, with a high of $124.71M and a low of $83.14M. This is -26.29% lower than Core & Main's previous annual EBITDA (Jan 24) of $141.00M.

Core & Main Net Income Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21
# Analysts33345452773336444222233
Net Income------------$63.00M$112.00M$110.00M$133.00M$84.00M$178.00M$182.00M-$78.80M$64.40M-
Avg Forecast$113.06M$200.84M$188.06M$131.72M$84.24M$157.58M$147.97M$107.74M$73.59M$131.67M$145.23M$43.14M$65.86M$134.04M$134.25M$34.11M$51.60M$112.29M$103.51M$31.00M$47.49M$38.87M$14.99M
High Forecast$114.69M$203.75M$190.78M$133.63M$85.46M$159.86M$150.11M$109.30M$75.64M$135.72M$147.55M$51.77M$66.30M$141.92M$136.19M$40.93M$61.91M$115.50M$106.49M$37.21M$48.85M$46.64M$15.42M
Low Forecast$110.97M$197.15M$184.60M$129.30M$82.69M$154.68M$145.25M$105.75M$69.50M$123.57M$142.90M$34.51M$65.42M$124.18M$131.78M$27.28M$41.28M$109.03M$100.53M$24.80M$46.12M$31.09M$14.56M
Surprise %------------0.96%0.84%0.82%3.90%1.63%1.59%1.76%-1.66%1.66%-

Core & Main's average Quarter net income forecast for Apr 24 is $43.14M, with a range of $34.51M to $51.77M. CNM's average Quarter net income forecast represents a -31.52% decrease compared to the company's last Quarter net income of $63.00M (Jan 24).

Core & Main SG&A Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21
# Analysts33345452773336444222233
SG&A------------$230.00M$240.00M$238.00M$223.00M$213.00M$231.00M$230.00M-$183.40M$187.90M-
Avg Forecast$437.60M$418.42M$400.09M$382.55M$247.11M$306.91M$298.69M$264.21M$240.31M$285.19M$294.80M$165.88M$204.72M$261.67M$266.16M$131.13M$150.54M$242.53M$239.40M$119.21M$164.94M$281.31M$176.49M
High Forecast$442.48M$423.09M$404.54M$386.81M$249.86M$310.33M$302.02M$267.15M$241.75M$286.62M$295.31M$199.06M$204.81M$264.59M$269.12M$157.36M$180.65M$247.86M$244.70M$143.05M$168.59M$337.57M$180.40M
Low Forecast$431.41M$412.50M$394.42M$377.13M$243.61M$302.57M$294.46M$260.47M$238.88M$281.16M$294.29M$132.70M$204.62M$260.24M$262.39M$104.90M$120.43M$237.12M$234.09M$95.37M$161.29M$225.05M$172.58M
Surprise %------------1.12%0.92%0.89%1.70%1.41%0.95%0.96%-1.11%0.67%-

Core & Main's average Quarter SG&A projection for Apr 24 is $165.88M, based on 3 Wall Street analysts, with a range of $132.70M to $199.06M. The forecast indicates a -27.88% fall compared to CNM last annual SG&A of $230.00M (Jan 24).

Core & Main EPS Forecast

Jan 27Oct 26Jul 26Apr 26Jan 26Oct 25Jul 25Apr 25Jan 25Oct 24Jul 24Apr 24Jan 24Oct 23Jul 23Apr 23Jan 23Oct 22Jul 22Apr 22Jan 22Oct 21Jul 21
# Analysts33345452773336444222233
EPS-------------$0.65-$0.78$0.49$1.05$1.08-$0.49$0.41-
Avg Forecast$0.56$1.00$0.93$0.65$0.42$0.78$0.74$0.54$0.37$0.65$0.72$0.52$0.33$0.67$0.67$0.47$0.32$0.55$0.51$0.36$0.23$0.30$0.07
High Forecast$0.57$1.01$0.95$0.66$0.42$0.79$0.75$0.54$0.38$0.67$0.73$0.52$0.33$0.71$0.68$0.48$0.33$0.57$0.53$0.37$0.24$0.31$0.08
Low Forecast$0.55$0.98$0.92$0.64$0.41$0.77$0.72$0.53$0.35$0.61$0.71$0.52$0.33$0.62$0.66$0.47$0.32$0.54$0.50$0.35$0.23$0.29$0.07
Surprise %-------------0.98%-1.64%1.52%1.90%2.11%-2.09%1.36%-

According to 3 Wall Street analysts, Core & Main's projected average Quarter EPS for Jan 24 is $0.33, with a low estimate of $0.33 and a high estimate of $0.33. This represents a -49.64% decrease compared to CNM previous annual EPS of $0.65 (Oct 23).

Core & Main Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MSMMSC Industrial Direct$81.34$105.7129.96%Buy
BXCBlueLinx$116.36$135.0016.02%Buy
SITESiteOne Landscape Supply$140.20$154.009.84%Hold
FASTFastenal Company$77.64$77.800.21%Hold
CNMCore & Main$51.99$51.00-1.90%Buy
AITApplied Industrial$254.29$241.00-5.23%Buy
GWWW.W. Grainger$1.12K$1.02K-8.62%Buy
WSOWatsco$508.47$457.50-10.02%Hold

CNM Forecast FAQ

Is Core & Main a good buy?

Yes, according to 11 Wall Street analysts, Core & Main (CNM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 72.73% of CNM's total ratings.

What is CNM's price target?

Core & Main (CNM) average price target is $51 with a range of $38 to $62, implying a 0.91% from its last price of $50.54. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Core & Main stock go up soon?

According to Wall Street analysts' prediction for CNM stock, the company can go up by 0.91% (from the last price of $50.54 to the average price target of $51), up by 22.68% based on the highest stock price target, and down by -24.81% based on the lowest stock price target.

Can Core & Main stock reach $80?

CNM's average twelve months analyst stock price target of $51 does not support the claim that Core & Main can reach $80 in the near future.

What is Core & Main's current price target trend?

1 Wall Street analyst forecast a $62 price target for Core & Main (CNM) this month, up 22.68% from its last price of $50.54. Compared to the last 3 and 12 months, the average price target increased by 12.78% and increased by 6.85%, respectively.

What are Core & Main's analysts' financial forecasts?

Core & Main's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $7.79B (high $7.87B, low $7.68B), average EBITDA is $855.27M (high $864.8M, low $843.16M), average net income is $497.52M (high $504.73M, low $488.36M), average SG&A $1.12B (high $1.13B, low $1.1B), and average EPS is $2.47 (high $2.51, low $2.43). CNM's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $11.42B (high $11.55B, low $11.26B), average EBITDA is $1.25B (high $1.27B, low $1.24B), average net income is $633.68M (high $642.86M, low $622.02M), average SG&A $1.64B (high $1.66B, low $1.62B), and average EPS is $3.15 (high $3.2, low $3.09).

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

Based on Core & Main's last annual report (Jan 2024), the company's revenue was $6.7B, which missed the average analysts forecast of $6.7B by -0.01%. Apple's EBITDA was $727M, beating the average prediction of $643.09M by 13.05%. The company's net income was $371M, beating the average estimation of $368.25M by 0.75%. Apple's SG&A was $931M, beating the average forecast of $863.68M by 7.79%. Lastly, the company's EPS was $0, missing the average prediction of $2.14 by -100.00%. In terms of the last quarterly report (Jan 2024), Core & Main's revenue was $1.44B, beating the average analysts' forecast of $1.43B by 0.90%. The company's EBITDA was $141M, missing the average prediction of $156.76M by -10.05%. Core & Main's net income was $63M, missing the average estimation of $65.86M by -4.34%. The company's SG&A was $230M, beating the average forecast of $204.72M by 12.35%. Lastly, the company's EPS was $0, missing the average prediction of $0.327 by -100.00%