CEMEX (CX) Stock Forecast, Price Target & Predictions
CX Stock Forecast
CEMEX stock forecast is as follows: an average price target of $8.30 (represents a 60.54% upside from CX’s last price of $5.17) 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 60.54% upside from CX's last price of $5.17.
CX Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 29, 2024 | Francisco Suarez | Scotiabank | $8.90 | $5.37 | 65.74% | 72.15% |
| Oct 29, 2024 | Anthony Codling | RBC Capital | $6.00 | $5.46 | 9.89% | 16.05% |
| Oct 08, 2024 | Anthony Codling | RBC Capital | $6.50 | $6.08 | 6.91% | 25.73% |
| Jul 31, 2024 | Benjamin Theurer | Barclays | $9.00 | $6.28 | 43.31% | 74.08% |
| May 04, 2023 | Bruno Amorim | Goldman Sachs | $9.00 | $6.38 | 41.18% | 74.08% |
| Jun 10, 2022 | Harry Goad | Berenberg Bank | $5.00 | $4.10 | 21.95% | -3.29% |
| Jan 26, 2022 | Benjamin Theurer | Barclays | $8.00 | $5.98 | 33.78% | 54.74% |
| Jun 28, 2021 | Rodolfo Ramos | Bradesco | $11.00 | $8.58 | 28.21% | 112.77% |
| Apr 30, 2021 | Garik Shmois | Loop Capital Markets | $8.00 | $7.89 | 1.39% | 54.74% |
| Apr 23, 2021 | Paul Roger | BNP Paribas | $9.50 | $7.58 | 25.33% | 83.75% |
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 72.15% increase from CX last price ($5.17).
CEMEX Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 3 | 4 |
| Avg Price Target | $7.13 | $7.13 | $7.60 |
| Last Closing Price | $5.17 | $5.17 | $5.17 |
| Upside/Downside | 37.91% | 37.91% | 47.00% |
In the current month, the average price target of CEMEX stock is $7.13, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 37.91% increase as opposed to CEMEX's last price of $5.17. This month's average price target is down 0.00% compared to last quarter, and down -6.18% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 29, 2024 | Scotiabank | Sector Outperform | Sector Outperform | Hold |
| Oct 29, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Oct 08, 2024 | RBC Capital | Underperform | Sector Perform | Upgrade |
| May 14, 2024 | RBC Capital | - | Underperform | Initialise |
| Jan 09, 2024 | Bank of America Securities | - | Buy | Upgrade |
| May 04, 2023 | Goldman Sachs | - | Buy | Upgrade |
| Jan 26, 2022 | Barclays | Overweight | Overweight | Hold |
| May 02, 2021 | Barclays | Overweight | Overweight | Hold |
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 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $5.02B | $5.22B | $5.23B | $4.59B | $4.13B | $4.45B | $4.70B | $4.17B | $4.37B | $4.53B | $4.93B | $4.43B | $4.50B | $4.71B | $4.67B | $4.18B | $4.12B | $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 | $4.44B | $4.61B | $4.62B | $4.05B | $3.65B | $3.93B | $4.15B | $3.70B | $3.84B | $4.00B | $4.35B | $3.92B | $3.98B | $4.37B | $4.13B | $3.69B | $3.64B | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 |
| 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 $4.13B, and a high forecast of $4.67B. 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 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 |
| 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 | $830.22M | $862.61M | $865.29M | $758.48M | $683.59M | $735.09M | $776.84M | $698.17M | $712.87M | $748.29M | $814.38M | $733.12M | $744.24M | $792.15M | $772.81M | $690.29M | $681.07M | $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 | $882.14M | $916.55M | $919.39M | $805.91M | $726.33M | $781.06M | $825.41M | $732.49M | $766.77M | $795.08M | $865.31M | $778.96M | $790.77M | $827.44M | $821.13M | $733.45M | $723.65M | $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 | $779.20M | $809.59M | $812.10M | $711.86M | $641.57M | $689.91M | $729.09M | $649.16M | $675.15M | $702.29M | $764.33M | $688.06M | $698.49M | $768.02M | $725.31M | $647.86M | $639.21M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | -0.09% | 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 $772.81M, with a high of $821.13M and a low of $725.31M. This is 58.72% upper than CEMEX's previous annual EBITDA (Mar 23) of $486.90M.
CEMEX Net Income Forecast
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 |
| 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 | $7.72B | $7.48B | $8.29B | $4.93B | $3.56B | $5.21B | $4.95B | $2.84B | $2.66B | $5.44B | $6.17B | $52.02B | $3.35B | $5.98B | $4.91B | $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 | $8.34B | $8.09B | $8.97B | $5.33B | $3.85B | $5.63B | $5.35B | $3.79B | $4.43B | $5.88B | $6.17B | $62.42B | $3.62B | $7.80B | $5.31B | $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 | $7.10B | $6.89B | $7.63B | $4.54B | $3.27B | $4.79B | $4.55B | $1.42B | $886.10M | $5.00B | $6.16B | $41.61B | $3.08B | $5.20B | $4.52B | $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 $4.91B, with a range of $4.52B to $5.31B. CX's average Quarter net income forecast represents a 2076.96% increase compared to the company's last Quarter net income of $225.45M (Mar 23).
CEMEX SG&A Forecast
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 |
| 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 | $876.37M | $910.56M | $913.38M | $800.64M | $721.58M | $775.95M | $820.02M | $736.98M | $752.50M | $789.88M | $859.65M | $773.87M | $785.60M | $836.19M | $815.77M | $728.66M | $718.92M | $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 | $931.17M | $967.50M | $970.50M | $850.71M | $766.70M | $824.47M | $871.29M | $773.21M | $809.39M | $839.27M | $913.41M | $822.26M | $834.73M | $873.44M | $866.78M | $774.22M | $763.88M | $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 | $822.51M | $854.59M | $857.24M | $751.43M | $677.23M | $728.26M | $769.62M | $685.24M | $712.67M | $741.33M | $806.81M | $726.30M | $737.32M | $810.71M | $765.62M | $683.87M | $674.74M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.11% | 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 $815.77M, based on 5 Wall Street analysts, with a range of $765.62M to $866.78M. The forecast indicates a 1.71% rise compared to CX last annual SG&A of $802.03M (Mar 23).
CEMEX EPS Forecast
| 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 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 4 | 5 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 15 | 9 | 9 | 16 | 8 |
| 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 | $2.35 | $3.44 | $3.27 | $1.88 | $1.76 | $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 | $5.51 | $5.35 | $5.92 | $3.52 | $2.54 | $3.72 | $3.53 | $2.50 | $2.93 | $3.88 | $4.08 | $2.12 | $2.39 | $5.15 | $3.51 | $1.69 | $2.29 | $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 | $4.69 | $4.55 | $5.04 | $3.00 | $2.16 | $3.17 | $3.01 | $0.94 | $0.59 | $3.31 | $4.07 | $2.00 | $2.04 | $3.44 | $2.98 | $1.44 | $1.95 | $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 $2.98 and a high estimate of $3.51. This represents a 2061.29% increase compared to CX previous annual EPS of $0.15 (Mar 23).
CEMEX Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CX | CEMEX | $5.17 | $8.30 | 60.54% | Buy |
| CRH | CRH | $94.45 | $99.00 | 4.82% | Buy |
| SUM | Summit Materials | $46.70 | $46.56 | -0.30% | Buy |
| EXP | Eagle Materials | $288.25 | $268.78 | -6.75% | Buy |
| MLM | Martin Marietta Materials | $581.98 | $527.77 | -9.31% | Buy |
| VMC | Vulcan Materials Company | $268.86 | $241.50 | -10.18% | 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 60.54% from its last price of $5.17. 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 60.54% (from the last price of $5.17 to the average price target of $8.3), up by 112.77% based on the highest stock price target, and down by -3.29% 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?
3 Wall Street analysts forecast a $7.13 price target for CEMEX (CX) this month, up 37.91% from its last price of $5.17. Compared to the last 3 and 12 months, the average price target increased by 37.91% and increased by 47.00%, 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 $17.45B, low $15.43B), average EBITDA is $2.89B (high $3.07B, low $2.71B), average net income is $16.56B (high $18.62B, low $14.04B), average SG&A $3.05B (high $3.24B, low $2.86B), and average EPS is $10.94 (high $12.3, low $9.27). CX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18.88B (high $20.06B, low $17.72B), average EBITDA is $3.32B (high $3.52B, low $3.11B), average net income is $28.42B (high $30.74B, low $26.15B), average SG&A $3.5B (high $3.72B, low $3.29B), and average EPS is $18.78 (high $20.3, low $17.28).
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 $2.74B by -56.38%. 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 $2.89B by 12.75%. 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 $690.29M by -29.46%. 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 $728.66M by 10.07%. Lastly, the company's EPS was $0.15, missing the average prediction of $1.56 by -90.41%