CEMEX (CX) Stock Forecast, Price Target & Predictions

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CX Stock Forecast

CEMEX stock forecast is as follows: an average price target of $7.97 (represents a 41.81% upside from CX’s last price of $5.62) 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 $7.97 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $9.00 to $6.00. This represents a potential 41.81% upside from CX's last price of $5.62.

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

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%	58.36%
Oct 29, 2024	Anthony Codling	RBC Capital	$6.00	$5.46	9.89%	6.76%
Oct 08, 2024	Anthony Codling	RBC Capital	$6.50	$6.08	6.91%	15.66%
Jul 31, 2024	Benjamin Theurer	Barclays	$9.00	$6.28	43.31%	60.14%
May 04, 2023	Bruno Amorim	Goldman Sachs	$9.00	$6.38	41.18%	60.14%
Jun 10, 2022	Harry Goad	Berenberg Bank	$5.00	$4.10	21.95%	-11.03%
Jan 26, 2022	Benjamin Theurer	Barclays	$8.00	$5.98	33.78%	42.35%
Jun 28, 2021	Rodolfo Ramos	Bradesco	$11.00	$8.58	28.21%	95.73%
Apr 30, 2021	Garik Shmois	Loop Capital Markets	$8.00	$7.89	1.39%	42.35%
Apr 23, 2021	Paul Roger	BNP Paribas	$9.50	$7.58	25.33%	69.04%

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 58.36% increase from CX last price ($5.62).

CEMEX Price Target by Period

	1M	3M	12M
# Anlaysts	-	3	4
Avg Price Target	-	$7.13	$7.60
Last Closing Price	$5.62	$5.62	$5.62
Upside/Downside	-100.00%	26.87%	35.23%

In the current month, the average price target of CEMEX stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to CEMEX's last price of $5.62. 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
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	$4.21B	$4.23B	$3.76B	$3.93B	$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	$4.73B	$4.91B	$4.93B	$4.32B	$3.89B	$4.21B	$4.23B	$3.76B	$3.93B	$4.26B	$4.64B	$4.17B	$4.24B	$4.71B	$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
Low Forecast	$4.73B	$4.91B	$4.93B	$4.32B	$3.89B	$4.21B	$4.23B	$3.76B	$3.93B	$4.26B	$4.64B	$4.17B	$4.24B	$4.37B	$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
# Analysts	1	1	1	1	1	1	1	1	1	1	1	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 $4.40B, and a high forecast of $4.40B. 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	1	1	1	1	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	$686.29M	$713.06M	$715.28M	$626.99M	$565.08M	$610.81M	$614.15M	$546.21M	$570.17M	$618.56M	$673.20M	$606.02M	$615.21M	$654.82M	$638.83M	$570.62M	$562.99M	$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	$686.29M	$713.06M	$715.28M	$626.99M	$565.08M	$610.81M	$614.15M	$546.21M	$570.17M	$618.56M	$673.20M	$606.02M	$615.21M	$683.99M	$638.83M	$570.62M	$562.99M	$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	$686.29M	$713.06M	$715.28M	$626.99M	$565.08M	$610.81M	$614.15M	$546.21M	$570.17M	$618.56M	$673.20M	$606.02M	$615.21M	$634.87M	$638.83M	$570.62M	$562.99M	$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 %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.85%	-0.11%	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 $638.83M, with a high of $638.83M and a low of $638.83M. This is 31.20% 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	1	1	1	1	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	$7.74B	$7.50B	$8.32B	$4.94B	$3.54B	$5.21B	$4.92B	$2.78B	$3.73B	$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	$7.74B	$7.50B	$8.32B	$4.94B	$3.54B	$5.21B	$4.92B	$3.35B	$3.73B	$5.45B	$6.19B	$62.42B	$3.36B	$7.82B	$4.92B	$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	$7.74B	$7.50B	$8.32B	$4.94B	$3.54B	$5.21B	$4.92B	$2.21B	$3.73B	$5.45B	$6.18B	$41.61B	$3.36B	$5.22B	$4.92B	$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 $4.92B to $4.92B. 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 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	1	1	1	1	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	$888.12M	$922.76M	$925.62M	$811.37M	$731.25M	$790.43M	$794.76M	$706.84M	$737.84M	$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	$888.12M	$922.76M	$925.62M	$811.37M	$731.25M	$790.43M	$794.76M	$706.84M	$737.84M	$800.46M	$871.17M	$784.23M	$796.13M	$885.14M	$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
Low Forecast	$888.12M	$922.76M	$925.62M	$811.37M	$731.25M	$790.43M	$794.76M	$706.84M	$737.84M	$800.46M	$871.17M	$784.23M	$796.13M	$821.57M	$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
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 $826.70M to $826.70M. The forecast indicates a 3.07% 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	1	1	1	1	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	$2.33	$3.43	$3.24	$1.83	$2.46	$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	$5.10	$4.94	$5.48	$3.26	$2.33	$3.43	$3.24	$2.20	$2.46	$3.59	$4.08	$2.12	$2.21	$5.15	$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
Low Forecast	$5.10	$4.94	$5.48	$3.26	$2.33	$3.43	$3.24	$1.46	$2.46	$3.59	$4.07	$2.00	$2.21	$3.44	$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
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 $3.24 and a high estimate of $3.24. 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	$5.62	$7.97	41.81%	Buy
MLM	Martin Marietta Materials	$544.78	$635.20	16.60%	Buy
EXP	Eagle Materials	$266.40	$291.29	9.34%	Buy
VMC	Vulcan Materials Company	$272.65	$290.00	6.36%	Buy
CRH	CRH	$97.23	$99.00	1.82%	Buy
SUM	Summit Materials	$50.77	$48.25	-4.96%	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 $7.97 with a range of $6 to $9, implying a 41.81% from its last price of $5.62. 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 41.81% (from the last price of $5.62 to the average price target of $7.97), up by 60.14% based on the highest stock price target, and up by 6.76% based on the lowest stock price target.

Can CEMEX stock reach $8?

CX's highest twelve months analyst stock price target of $9 supports the claim that CEMEX can reach $8 in the near future.

What are CEMEX's analysts' financial forecasts?

CEMEX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $16.09B (high $16.09B, low $16.09B), average EBITDA is $2.34B (high $2.34B, low $2.34B), average net income is $16.45B (high $17.02B, low $15.88B), average SG&A $3.02B (high $3.02B, low $3.02B), and average EPS is $10.84 (high $11.21, low $10.46). CX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18.88B (high $18.88B, low $18.88B), average EBITDA is $2.74B (high $2.74B, low $2.74B), average net income is $28.5B (high $28.5B, low $28.5B), average SG&A $3.55B (high $3.55B, low $3.55B), and average EPS is $18.78 (high $18.78, low $18.78).

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 -54.42%. 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 $570.62M by -14.67%. 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%