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

C$90.66 +0.35 (+0.39%)

As of 01/17/2025 04:00 PM Eastern

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 12 Analyst Ratings

Sell
1

Hold
2

Buy
9

Based on 12 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 12 analysts, 1 has given a sell rating, 2 have given a hold rating, and 9 have given a buy rating for CM.

Consensus Price Target

C$95.08
4.88% Upside

According to the 12 analysts' twelve-month price targets for Canadian Imperial Bank of Commerce, the average price target is C$95.08. The highest price target for CM is C$114.00, while the lowest price target for CM is C$77.00. The average price target represents a forecasted upside of 4.88% from the current price of C$90.66.

Get the Latest News and Ratings for CM and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Canadian Imperial Bank of Commerce and its competitors.

CM Analyst Ratings Over Time

Type	Current Forecast 1/19/24 to 1/18/25	1 Month Ago 12/20/23 to 12/19/24	3 Months Ago 10/21/23 to 10/20/24	1 Year Ago 1/19/23 to 1/19/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	3 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	10 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$95.08	C$92.67	C$79.15	C$62.73
Forecasted Upside	4.88% Upside	0.96% Upside	-8.47% Downside	1.68% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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	Financial Services Companies
Consensus Rating Score	2.67	2.66
Consensus Rating	Moderate Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent CM 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
1/8/2025	Royal Bank of Canada 4 of 5 stars	D. Mihelic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Perform ➝ Outperform	C$97.00 ➝ C$103.00	+13.46%
12/16/2024	UBS Group 4 of 5 stars	J. Shea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$94.00 ➝ C$102.00	+8.36%
12/6/2024	Canaccord Genuity Group 5 of 5 stars		Boost Target		C$92.00 ➝ C$99.00	+5.75%
12/6/2024	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Persaud Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$99.00 ➝ C$104.00	+11.09%
12/6/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$108.00 ➝ C$114.00	+21.77%
11/20/2024	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$86.00 ➝ C$94.00	+3.89%
11/18/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$81.00 ➝ C$99.00	+10.33%
11/15/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$91.00 ➝ C$98.00	+10.25%
8/30/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	C$74.00 ➝ C$90.00	+14.30%
8/30/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Young Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	C$77.00 ➝ C$83.00	+5.41%
Get the Latest News and Ratings for CM and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Canadian Imperial Bank of Commerce and its competitors with MarketBeat's FREE daily newsletter.
8/30/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight	C$71.00 ➝ C$77.00	-2.21%
8/12/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$79.00 ➝ C$78.00	+12.10%
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	Hold ➝ Moderate Buy
9/1/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	C$57.00 ➝ C$56.00	+3.44%
7/24/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$62.00 ➝ C$64.00	+10.21%
6/6/2023	Fundamental Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Buy	C$69.38	+21.34%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:36 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 Sunday, January 12, 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 current stock price is C$92.53, which is close to the target price set by analysts at C$92.67, indicating potential for growth.
Canadian Imperial Bank of Commerce has a strong market capitalization of C$87.44 billion, reflecting its stability and size in the financial sector.
The company recently declared a quarterly dividend of $0.90, resulting in an annualized dividend of $3.60 and a dividend yield of 3.97%, providing a steady income stream for investors.
Analysts have given a consensus rating of "Moderate Buy," with several firms raising their target prices, suggesting positive sentiment and potential for price appreciation.
The firm has a relatively low price-to-earnings ratio of 13.39, which may indicate that the stock is undervalued compared to its earnings, making it an attractive investment opportunity.

Canadian Imperial Bank of Commerce
Bear Case

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

Insider selling has been notable, with senior officers selling significant amounts of stock, which may signal a lack of confidence in the company's future performance.
The stock has a beta of 1.12, indicating that it is more volatile than the market, which could lead to higher risk for investors.
The company's payout ratio is 52.10%, suggesting that a significant portion of earnings is being distributed as dividends, which may limit funds available for reinvestment in growth opportunities.
Despite a strong market cap, the stock has fluctuated between a twelve-month low of C$51.60 and a high of C$92.17, indicating potential instability in its price performance.
Recent analyst upgrades have not yet translated into significant stock price increases, which may indicate that the market is not fully convinced of the company's growth prospects.

CM Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Imperial Bank of Commerce is C$95.08, with a high forecast of C$114.00 and a low forecast of C$77.00.
: 12 Wall Street research 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 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CM shares.
: According to analysts, Canadian Imperial Bank of Commerce's stock has a predicted upside of 4.88% based on their 12-month stock forecasts.
: Over the previous 90 days, Canadian Imperial Bank of Commerce's stock had 1 upgrade by analysts.
: Canadian Imperial Bank of Commerce has been rated by research analysts at BMO Capital Markets, Canaccord Genuity Group, Cormark, National Bankshares, Royal Bank of Canada, Scotiabank, TD Securities, and UBS Group in the past 90 days.
: Analysts like Canadian Imperial Bank of Commerce more than other "financial services" companies. The consensus rating score for Canadian Imperial Bank of Commerce is 2.67 while the average consensus rating score for "financial services" companies is 2.66. Learn more on how CM compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (TSE:CM) was last updated on 1/18/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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