Canadian Imperial Bank of Commerce (CM) Stock Forecast & Price Target

$62.47 -0.29 (-0.46%)

(As of 12:22 PM ET)

Canadian Imperial Bank of Commerce - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
1

Hold
2

Buy
5

Based on 8 Wall Street analysts who have issued ratings for Canadian Imperial Bank of Commerce in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 1 has given a sell rating, 2 have given a hold rating, and 5 have given a buy rating for CM.

Consensus Price Target

$89.00
42.47% Upside

According to the 8 analysts' twelve-month price targets for Canadian Imperial Bank of Commerce, the average price target is $89.00. The highest price target for CM is $97.00, while the lowest price target for CM is $81.00. The average price target represents a forecasted upside of 42.47% from the current price of $62.47.

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CM Analyst Ratings Over Time

Type	Current Forecast 1/4/24 to 1/3/25	1 Month Ago 12/5/23 to 12/4/24	3 Months Ago 10/6/23 to 10/5/24	1 Year Ago 1/4/23 to 1/4/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	4 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$89.00	$81.00	$81.00	$63.00
Forecasted Upside	42.47% Upside	27.28% Upside	34.46% Upside	32.74% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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CM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Canadian Imperial Bank of Commerce Stock vs. The Competition

Type	Canadian Imperial Bank of Commerce	Finance Companies	S&P 500
Consensus Rating Score	2.50	2.50	2.51
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	42.47% Upside	18.57% Upside	14.84% Upside
News Sentiment Rating	Positive News See Recent CM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/6/2024	Royal Bank of Canada 4 of 5 stars		Reiterated Rating	Sector Perform ➝ Sector Perform	$74.00 ➝ $97.00	+45.21%
8/30/2024	Cormark 3 of 5 stars	L. Persaud Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Moderate Buy
8/30/2024	BMO Capital Markets 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$77.00 ➝ $81.00	+37.40%
8/30/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
8/2/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Young Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Moderate Buy
7/2/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Shea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral
6/3/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Rizvanovic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform
3/20/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underweight
2/22/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
2/20/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Sector Outperform
12/20/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Outperform
5/10/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
5/9/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 12:38 PM ET.

Should I Buy Canadian Imperial Bank of Commerce Stock? CM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, January 2, 2025. Please send any questions or comments about these Canadian Imperial Bank of Commerce pros and cons to contact@marketbeat.com.

Canadian Imperial Bank of Commerce
Bull Case

Here are some ways that investors could benefit from investing in Canadian Imperial Bank of Commerce:

The company has recently increased its quarterly dividend to $0.6912 per share, reflecting a commitment to returning value to shareholders. This represents an annualized dividend of $2.76, with a yield of 4.15%, which is attractive for income-focused investors.
With a market capitalization of approximately $63 billion, Canadian Imperial Bank of Commerce is a significant player in the financial sector, providing stability and potential for growth.
The current stock price is around $62.99, which is above its two-hundred day simple moving average of $55.94, indicating a positive trend in the stock's performance.
The company has a relatively low price-to-earnings (PE) ratio of 13.11, suggesting that the stock may be undervalued compared to its earnings, which could attract value investors.
Institutional ownership stands at 49.88%, indicating strong confidence from large investors, which can be a positive signal for retail investors.

Canadian Imperial Bank of Commerce
Bear Case

Investors should be bearish about investing in Canadian Imperial Bank of Commerce for these reasons:

The company has a beta of 1.06, which indicates that its stock price is slightly more volatile than the market. This could lead to higher risk for investors during market fluctuations.
Despite the recent dividend increase, the dividend payout ratio is 49.91%, which means that nearly half of the company's earnings are being paid out as dividends. This could limit the funds available for reinvestment in growth opportunities.
The price-to-earnings-growth (PEG) ratio is 1.67, suggesting that the stock may not be growing as quickly as its price might imply, which could be a concern for growth-oriented investors.
Recent institutional trading activity shows mixed signals, with some hedge funds increasing their stakes while others are reducing theirs, indicating uncertainty about the company's future performance.
The financial sector can be sensitive to economic downturns, and any adverse economic conditions could negatively impact the performance of Canadian Imperial Bank of Commerce.

CM Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Imperial Bank of Commerce is $89.00, with a high forecast of $97.00 and a low forecast of $81.00.
: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There is currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CM shares.
: According to analysts, Canadian Imperial Bank of Commerce's stock has a predicted upside of 42.47% based on their 12-month stock forecasts.
: Canadian Imperial Bank of Commerce has been rated by research analysts at Royal Bank of Canada in the past 90 days.
: Analysts like Canadian Imperial Bank of Commerce more than other "finance" companies. The consensus rating for Canadian Imperial Bank of Commerce is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how CM compares to other companies.

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This page (NYSE:CM) was last updated on 1/3/2025 by MarketBeat.com Staff

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Canadian Imperial Bank of Commerce (CM) Stock Forecast & Price Target