​
​

CEMEX (CX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CX Stock Forecast

CEMEX stock forecast is as follows: an average price target of $8.30 (represents a 52.85% upside from CX’s last price of $5.43) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

CX Price Target

The average price target for CEMEX (CX) is $8.30 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $5.00. This represents a potential 52.85% upside from CX's last price of $5.43.

CX Analyst Ratings

Buy

According to 4 Wall Street analysts, CEMEX's rating consensus is 'Buy'. The analyst rating breakdown for CX stock is 0 'Strong Buy' (0.00%), 3 'Buy' (75.00%), 1 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

CEMEX Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 29, 2024Francisco SuarezScotiabank$8.90$5.3765.74%63.90%
Oct 29, 2024Anthony CodlingRBC Capital$6.00$5.469.89%10.50%
Oct 08, 2024Anthony CodlingRBC Capital$6.50$6.086.91%19.71%
Jul 31, 2024Benjamin TheurerBarclays$9.00$6.2843.31%65.75%
May 04, 2023Bruno AmorimGoldman Sachs$9.00$6.3841.18%65.75%
Jun 10, 2022Harry GoadBerenberg Bank$5.00$4.1021.95%-7.92%
Jan 26, 2022Benjamin TheurerBarclays$8.00$5.9833.78%47.33%
Jun 28, 2021Rodolfo RamosBradesco$11.00$8.5828.21%102.58%
Apr 30, 2021Garik ShmoisLoop Capital Markets$8.00$7.891.39%47.33%
Apr 23, 2021Paul RogerBNP Paribas$9.50$7.5825.33%74.95%
Row per page
Go to

The latest CEMEX stock forecast, released on Oct 29, 2024 by Francisco Suarez from Scotiabank, set a price target of $8.90, which represents a 65.74% increase from the stock price at the time of the forecast ($5.37), and a 63.90% increase from CX last price ($5.43).

CEMEX Price Target by Period

1M3M12M
# Anlaysts234
Avg Price Target$7.45$7.13$7.60
Last Closing Price$5.43$5.43$5.43
Upside/Downside37.20%31.31%39.96%

In the current month, the average price target of CEMEX stock is $7.45, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 37.20% increase as opposed to CEMEX's last price of $5.43. This month's average price target is up 4.49% compared to last quarter, and down -1.97% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 29, 2024BarclaysOverweightOverweightHold
Oct 29, 2024ScotiabankSector OutperformSector OutperformHold
Oct 29, 2024RBC CapitalSector PerformSector PerformHold
Oct 08, 2024RBC CapitalUnderperformSector PerformUpgrade
May 14, 2024RBC Capital-UnderperformInitialise
Jan 09, 2024Bank of America Securities-BuyUpgrade
May 04, 2023Goldman Sachs-BuyUpgrade
Jan 26, 2022BarclaysOverweightOverweightHold
May 02, 2021BarclaysOverweightOverweightHold
Row per page
Go to

CEMEX's last stock rating was published by Barclays on Oct 29, 2024. The company gave CX a "Overweight" rating, the same as its previous rate.

CEMEX Financial Forecast

CEMEX Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue---------------$4.04B$3.87B$3.96B$4.08B$3.77B$3.51B$3.77B$3.86B$3.41B$3.54B$3.42B$2.90B$3.08B$2.94B$3.38B
Avg Forecast$4.73B$4.91B$4.93B$4.32B$3.89B$4.18B$4.42B$3.97B$4.06B$4.26B$4.64B$4.17B$4.24B$4.51B$4.40B$3.93B$3.88B$4.07B$4.05B$3.60B$3.72B$3.82B$3.67B$3.26B$3.36B$3.40B$2.87B$3.01B$3.24B$3.62B
High Forecast$4.84B$5.02B$5.04B$4.42B$3.98B$4.28B$4.52B$4.07B$4.25B$4.36B$4.74B$4.27B$4.33B$4.71B$4.50B$4.02B$3.97B$4.07B$4.05B$3.60B$3.72B$3.82B$3.67B$3.26B$3.36B$3.40B$2.87B$3.01B$3.24B$3.62B
Low Forecast$4.62B$4.80B$4.81B$4.22B$3.80B$4.09B$4.32B$3.88B$3.87B$4.16B$4.53B$4.08B$4.14B$4.37B$4.30B$3.84B$3.79B$4.07B$4.05B$3.60B$3.72B$3.82B$3.67B$3.26B$3.36B$3.40B$2.87B$3.01B$3.24B$3.62B
# Analysts11111111211458544343545451599168
Surprise %---------------1.03%1.00%0.97%1.01%1.05%0.94%0.99%1.05%1.05%1.05%1.01%1.01%1.02%0.91%0.93%

CEMEX's average Quarter revenue forecast for Jun 23 based on 5 analysts is $4.40B, with a low forecast of $4.30B, and a high forecast of $4.50B. CX's average Quarter revenue forecast represents a 9.01% increase compared to the company's last Quarter revenue of $4.04B (Mar 23).

CEMEX EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111211458544343545451599168
EBITDA---------------$486.90M$-64.20M$413.22M$517.09M$428.39M$312.79M$-99.28M$482.08M$1.26B$522.00M$-1.03B$452.77M$535.00M$199.00M$681.06M
Avg Forecast$678.57M$705.04M$707.23M$619.93M$558.72M$600.82M$634.94M$570.64M$582.66M$611.60M$665.63M$599.20M$608.29M$647.46M$631.64M$564.20M$556.66M$715.61M$710.62M$632.55M$653.78M$670.72M$644.12M$572.92M$589.94M$597.25M$503.77M$529.29M$568.48M$635.99M
High Forecast$694.21M$721.29M$723.53M$634.22M$571.59M$614.66M$649.57M$583.79M$609.48M$625.69M$680.96M$613.01M$622.31M$676.30M$646.20M$577.20M$569.49M$715.61M$710.62M$632.55M$653.78M$670.72M$644.12M$572.92M$589.94M$597.25M$503.77M$529.29M$568.48M$635.99M
Low Forecast$662.94M$688.80M$690.93M$605.65M$545.85M$586.97M$620.31M$557.49M$555.83M$597.51M$650.29M$585.39M$594.27M$627.73M$617.09M$551.20M$543.83M$715.61M$710.62M$632.55M$653.78M$670.72M$644.12M$572.92M$589.94M$597.25M$503.77M$529.29M$568.48M$635.99M
Surprise %---------------0.86%-0.12%0.58%0.73%0.68%0.48%-0.15%0.75%2.20%0.88%-1.73%0.90%1.01%0.35%1.07%

5 analysts predict CX's average Quarter EBITDA for Jun 23 to be $631.64M, with a high of $646.20M and a low of $617.09M. This is 29.73% upper than CEMEX's previous annual EBITDA (Mar 23) of $486.90M.

CEMEX Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111211458544343545451599168
Net Income---------------$225.45M$-173.98M$274.70M$265.32M$198.08M$223.14M$-376.17M$269.94M$665.00M$70.00M$-1.54B$-43.70M$42.00M$-238.00M$187.37M
Avg Forecast$7.74B$7.50B$8.32B$4.94B$3.54B$5.23B$4.99B$2.84B$2.19B$5.45B$6.19B$52.02B$3.36B$6.00B$4.92B$60.59B$660.00M$4.83B$4.14B$71.12B$4.27B$5.70B$4.97B$78.00B$1.02B$-7.07B$-463.35M$1.02B$1.91B$3.61B
High Forecast$7.97B$7.73B$8.57B$5.09B$3.65B$5.39B$5.13B$3.42B$2.26B$5.62B$6.19B$62.42B$3.46B$7.82B$5.07B$72.70B$792.00M$4.83B$4.14B$85.35B$4.27B$5.70B$4.97B$93.60B$1.02B$-7.07B$-463.35M$1.23B$1.91B$3.61B
Low Forecast$7.51B$7.28B$8.07B$4.79B$3.43B$5.08B$4.84B$2.26B$2.13B$5.29B$6.18B$41.61B$3.26B$5.22B$4.77B$48.47B$528.00M$4.83B$4.14B$56.90B$4.27B$5.70B$4.97B$62.40B$1.02B$-7.07B$-463.35M$817.42M$1.91B$3.61B
Surprise %---------------0.00%-0.26%0.06%0.06%0.00%0.05%-0.07%0.05%0.01%0.07%0.22%0.09%0.04%-0.12%0.05%

CEMEX's average Quarter net income forecast for Jun 23 is $4.92B, with a range of $4.77B to $5.07B. CX's average Quarter net income forecast represents a 2082.66% increase compared to the company's last Quarter net income of $225.45M (Mar 23).

CEMEX SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111211458544343545451599168
SG&A---------------$802.03M$797.24M$793.38M$785.96M$703.91M$900.13M$707.74M-$703.00M$754.00M$673.21M$653.00M$706.00M$708.00M$808.00M
Avg Forecast$888.12M$922.76M$925.62M$811.37M$731.25M$786.35M$831.01M$746.85M$762.58M$800.46M$871.17M$784.23M$796.13M$847.39M$826.70M$738.42M$728.56M$755.39M$750.12M$667.71M$690.12M$708.00M$679.93M$604.77M$622.73M$630.45M$531.77M$558.71M$600.08M$671.34M
High Forecast$908.58M$944.02M$946.95M$830.06M$748.10M$804.47M$850.15M$764.06M$797.69M$818.91M$891.24M$802.31M$814.47M$885.14M$845.74M$755.43M$745.34M$755.39M$750.12M$667.71M$690.12M$708.00M$679.93M$604.77M$622.73M$630.45M$531.77M$558.71M$600.08M$671.34M
Low Forecast$867.65M$901.50M$904.29M$792.67M$714.40M$768.23M$811.86M$729.64M$727.47M$782.02M$851.10M$766.16M$777.79M$821.57M$807.65M$721.41M$711.77M$755.39M$750.12M$667.71M$690.12M$708.00M$679.93M$604.77M$622.73M$630.45M$531.77M$558.71M$600.08M$671.34M
Surprise %---------------1.09%1.09%1.05%1.05%1.05%1.30%1.00%-1.16%1.21%1.07%1.23%1.26%1.18%1.20%

CEMEX's average Quarter SG&A projection for Jun 23 is $826.70M, based on 5 Wall Street analysts, with a range of $807.65M to $845.74M. The forecast indicates a 3.07% rise compared to CX last annual SG&A of $802.03M (Mar 23).

CEMEX EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111211458544343545451599168
EPS---------------$0.15$-0.12$0.19$0.18$0.14$0.15$-0.26$0.16$0.44$0.05$-1.03$-0.03$0.03$-0.15$0.12
Avg Forecast$5.10$4.94$5.48$3.26$2.33$3.45$3.28$1.87$1.45$3.59$4.08$2.06$2.21$3.95$3.24$1.56$2.12$3.30$2.82$1.77$2.91$3.89$3.39$1.36$0.70$-4.82$-0.32$-0.02$1.31$2.46
High Forecast$5.25$5.09$5.64$3.35$2.40$3.55$3.38$2.26$1.49$3.70$4.08$2.12$2.28$5.15$3.34$1.61$2.18$3.30$2.82$1.77$2.91$3.89$3.39$1.36$0.70$-4.82$-0.32$-0.02$1.31$2.46
Low Forecast$4.94$4.80$5.31$3.16$2.26$3.34$3.19$1.49$1.40$3.48$4.07$2.00$2.15$3.44$3.14$1.52$2.06$3.30$2.82$1.77$2.91$3.89$3.39$1.36$0.70$-4.82$-0.32$-0.02$1.31$2.46
Surprise %---------------0.10%-0.06%0.06%0.06%0.08%0.05%-0.07%0.05%0.33%0.07%0.21%0.09%-1.72%-0.12%0.05%

According to 5 Wall Street analysts, CEMEX's projected average Quarter EPS for Jun 23 is $3.24, with a low estimate of $3.14 and a high estimate of $3.34. This represents a 2061.29% increase compared to CX previous annual EPS of $0.15 (Mar 23).

CEMEX Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CXCEMEX$5.43$8.3052.85%Buy
CRHCRH$100.20$99.00-1.20%Buy
SUMSummit Materials$48.40$46.56-3.80%Buy
MLMMartin Marietta Materials$585.26$527.77-9.82%Buy
EXPEagle Materials$300.27$268.78-10.49%Buy
VMCVulcan Materials Company$277.81$241.50-13.07%Buy

CX Forecast FAQ

Is CEMEX a good buy?

Yes, according to 4 Wall Street analysts, CEMEX (CX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 75.00% of CX's total ratings.

What is CX's price target?

CEMEX (CX) average price target is $8.3 with a range of $5 to $11, implying a 52.85% from its last price of $5.43. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will CEMEX stock go up soon?

According to Wall Street analysts' prediction for CX stock, the company can go up by 52.85% (from the last price of $5.43 to the average price target of $8.3), up by 102.58% based on the highest stock price target, and down by -7.92% based on the lowest stock price target.

Can CEMEX stock reach $8?

CX's average twelve months analyst stock price target of $8.3 supports the claim that CEMEX can reach $8 in the near future.

What is CEMEX's current price target trend?

2 Wall Street analysts forecast a $7.45 price target for CEMEX (CX) this month, up 37.20% from its last price of $5.43. Compared to the last 3 and 12 months, the average price target increased by 31.31% and increased by 39.96%, respectively.

What are CEMEX's analysts' financial forecasts?

CEMEX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $16.47B (high $16.85B, low $16.09B), average EBITDA is $2.37B (high $2.42B, low $2.31B), average net income is $16.6B (high $17.6B, low $15.61B), average SG&A $3.1B (high $3.17B, low $3.02B), and average EPS is $10.94 (high $11.59, low $10.28). CX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18.88B (high $19.32B, low $18.45B), average EBITDA is $2.71B (high $2.77B, low $2.65B), average net income is $28.5B (high $29.35B, low $27.65B), average SG&A $3.55B (high $3.63B, low $3.47B), and average EPS is $18.78 (high $19.34, low $18.21).

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

Based on CEMEX's last annual report (Dec 2022), the company's revenue was $15.58B, which missed the average analysts forecast of $15.6B by -0.13%. Apple's EBITDA was $1.2B, missing the average prediction of $2.62B by -54.31%. The company's net income was $561M, missing the average estimation of $80.76B by -99.31%. Apple's SG&A was $3.26B, beating the average forecast of $2.9B by 12.38%. Lastly, the company's EPS was $0.38, missing the average prediction of $10.01 by -96.20%. In terms of the last quarterly report (Mar 2023), CEMEX's revenue was $4.04B, beating the average analysts' forecast of $3.93B by 2.70%. The company's EBITDA was $486.9M, missing the average prediction of $564.2M by -13.70%. CEMEX's net income was $225.45M, missing the average estimation of $60.59B by -99.63%. The company's SG&A was $802.04M, beating the average forecast of $738.42M by 8.61%. Lastly, the company's EPS was $0.15, missing the average prediction of $1.56 by -90.41%