Canadian Imperial Bank Of Commerce (CM) Stock Forecast & Price Target
Canadian Imperial Bank Of Commerce · NYSE
$119.79+1.54 (+1.30%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 1 firms covering Canadian Imperial Bank Of Commerce, 1 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $167.00 to $167.00, so the covering firms are broadly aligned. The average target of $167.00 sits 39% above the current $119.79. The rating mix has stayed broadly stable, with Buy-side ratings easing from 2 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $2.54 next quarter toward $11.13 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS1 ratings
Strong Buy
Strong Buy00%
Buy1100%
Hold00%
Sell00%
Strong Sell00%
Based on 1 analysts giving stock ratings to Canadian Imperial Bank Of Commerce.
As of Jul, 1 of 1 firms rate CM a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CM EPS & revenue forecast
EPS · NEXT QUARTER
$2.54
Range $2.44 – $2.74 · 10 analysts · +15% YoY
Next period, 10 analysts expect Canadian Imperial Bank Of Commerce to earn $2.54 a share (range $2.44 – $2.74), versus $2.21 a year earlier. Full-year consensus is $10.28, growing to $11.13 the year after.
REVENUE · NEXT QUARTER
$8.2B
Range $8.1B – $8.2B · 10 analysts · +8% YoY
Revenue is expected to reach $8.2B (range $8.1B – $8.2B), +7.7% year-over-year. Full-year consensus is $32.5B, rising to $33.7B next year.
Top analysts covering Canadian Imperial Bank Of Commerce
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CM.
#1
DM
Darko Mihelic
RBC Capital
Buy
$167.00+39.4% to target
Coverage
—
+ Follow
#2
SM
Sohrab Movahedi
BMO Capital
Buy
$150.00+25.2% to target
Coverage
—
+ Follow
#3
SB
Stephen Boland
Raymond James
Hold
$155.50+29.8% to target
Coverage
—
+ Follow
#4
ML
Matthew Lee
Canaccord Genuity
Hold
$158.00+31.9% to target
Coverage
—
+ Follow
#5
JA
John Aiken
Jefferies
Hold
$145.00+21.0% to target
Coverage
—
+ Follow
CM stock forecast FAQ
What is CM's average 12-month price target?+
The 1 analysts with a live target average $167.00 for Canadian Imperial Bank Of Commerce over the next 12 months, ranging from a $167.00 high to a $167.00 low.
Is CM stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 1 analyst ratings, 1 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
How many Wall Street analysts cover CM?+
1 analysts have an active rating on Canadian Imperial Bank Of Commerce, and 1 firms carry a live 12-month price target.
Who is the most accurate analyst covering CM?+
Among analysts who currently cover CM, Darko Mihelic of RBC Capital has the strongest overall Quantellect track record. Their current call is Buy with a $167.00 target.
What is Canadian Imperial Bank Of Commerce's projected EPS for next quarter?+
The consensus estimate is $2.54 per share (range $2.44 – $2.74) across 10 analysts. Full-year EPS is projected at $10.28, rising to $11.13 the following year.
How much revenue is Canadian Imperial Bank Of Commerce expected to report next quarter?+
Consensus revenue is $8.2B (range $8.1B – $8.2B). Full-year revenue is projected at $32.5B, growing to $33.7B next year.
Have analysts been upgrading or downgrading CM lately?+
As of Jul, 1 of 1 firms rate CM a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CM calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
