$63.58
0.50% yesterday
NYSE, Nov 15, 10:10 pm CET
ISIN
CA1360691010
Symbol
CM
Sector
Industry

Canadian Imperial Bank of Commerce Target price 2024 - Analyst rating & recommendation

Canadian Imperial Bank of Commerce Classifications & Recommendation:

Buy
67%
Hold
17%
Sell
17%

Canadian Imperial Bank of Commerce Price Target

Target Price $57.98
Price $63.58
Deviation
Number of Estimates 2
2 Analysts have issued a price target Canadian Imperial Bank of Commerce 2025 . The average Canadian Imperial Bank of Commerce target price is $57.98. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 4 Analysts recommend Canadian Imperial Bank of Commerce to buy, 1 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Canadian Imperial Bank of Commerce stock has an average upside potential 2025 of . Most analysts recommend the Canadian Imperial Bank of Commerce stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Oct '23 2024
Estimates
Revenue Billion $ 40.87 18.74
69.37% 54.15%
Net Margin 8.85% 26.40%
56.51% 198.24%

10 Analysts have issued a sales forecast Canadian Imperial Bank of Commerce 2024 . The average Canadian Imperial Bank of Commerce sales estimate is

$18.7b
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. This is
59.29% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$19.0b 58.66%
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, the lowest is
$18.4b 60.03%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $40.9b 69.37%
2024
$18.7b 54.15%
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2025
$19.5b 4.33%
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2026
$20.3b 3.65%
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7 Canadian Imperial Bank of Commerce Analysts have issued a net profit forecast 2024. The average Canadian Imperial Bank of Commerce net profit estimate is

$4.9b
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. This is
2.89% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$5.1b 5.55%
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, the lowest is
$4.8b 0.49%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $3.6b 26.35%
2024
$4.9b 36.74%
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2025
$5.2b 6.08%
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2026
$5.5b 5.16%
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Net Margin

2023 8.85% 56.51%
2024
26.40% 198.24%
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2025
26.84% 1.67%
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2026
27.23% 1.45%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Oct '23 2024
Estimates
Earnings Per Share $ 3.83 5.24
26.35% 36.81%
P/E 12.14
EV/Sales 10.68

7 Analysts have issued a Canadian Imperial Bank of Commerce forecast for earnings per share. The average Canadian Imperial Bank of Commerce <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$5.24
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. This is
2.95% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$5.37 5.50%
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, the lowest is
$5.11 0.39%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $3.83 26.35%
2024
$5.24 36.81%
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2025
$5.56 6.11%
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2026
$5.84 5.04%
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P/E ratio

Current 12.50 20.77%
2024
12.14 2.88%
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2025
11.44 5.77%
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2026
10.88 4.90%
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Based on analysts' sales estimates for 2024, the Canadian Imperial Bank of Commerce stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

10.68
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.35 7.67%
2024
10.68 145.52%
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2025
10.24 4.15%
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2026
9.88 3.52%
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P/S ratio

Current 1.29 40.71%
2024
3.18 145.62%
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2025
3.05 4.15%
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2026
2.94 3.52%
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