Canadian Imperial Bank Of Commerce (CM) Stock Forecast & Predictions

Canadian Imperial Bank Of Commerce CM: $115.25

PO Box 770, Toronto, Ontario, Canada. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.cibc.com

  • Market Cap$51.83B
  • Change (52 Weeks)60.71%
  • Low (52 Weeks)$69.35
  • Canadian Imperial Bank Of Commerce (CM) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Canadian Imperial Bank Of Commerce (CM) stock price is $115.25 and the 52 weeks low is $69.35, which means the Canadian Imperial Bank Of Commerce stock price is up 60.71% in the last 12 months.

    Canadian Imperial Bank Of Commerce (CM) Stock Price has been Trending Strongly with an ADX reading of 37.40 as per the Weekly Chart.

    A Upward trend indicates that Canadian Imperial Bank Of Commerce (CM) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that CM Stock price might rise further, 18.75% indicating that CM Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall CM stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Canadian Imperial Bank Of Commerce (CM) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Canadian Imperial Bank Of Commerce (CM) is based on 24 Institutional Analyst Ratings where 54.17% are on Strong Buy, 20.83% on Moderate Buy, 20.83% remains on Hold, 0.00% are on Moderate Sell and 4.17% are on Strong Sell.

    Out of 24 Institutional Analysts, majority recommended CM stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Canadian Imperial Bank Of Commerce.

    Canadian Imperial Bank Of Commerce (CM) Stock Price Prediction By Analysts


    HighLowAverage
    $140.00$117.64$129.72
    $129.7212.55% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for CM set by the institutional analysts is $129.72 where High Estimate is $140.00, Median $130.39776697034043 and Low $117.64.

    The average price target for CM by Institutional Analysts is $129.72, which is 12.55% Upside from the current price. So according to the Institutional Analysts, CM Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Canadian Imperial Bank Of Commerce (CM) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 479,658 investor portfolio.

    Our algorithm has analysed 479,658 investor portfolio with CM stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about CM and holding their positions hoping for a further rise in the stock price and more profit.

    Canadian Imperial Bank Of Commerce (CM) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Credit SuisseBuyMaintained
    Credit SuisseUpgraded
    SbankSector PeformMaintained
    Credit SuisseBuyMaintained
    Cormark SecuritiesBuyReiterated
    Canaccord GenuityHoldReiterated
    BMO Capital MarketsBuyReiterated
    TD SecuritiesBuyUpgraded
    SbankUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Credit SuisseUpgraded
    Cormark SecuritiesUpgraded
    Canaccord GenuityBuyUpgraded
    BMO Capital MarketsUpgraded
    SbankSector PerformUpgraded
    BarclaysUpgraded
    National Bank FinancialOutperformUpgraded
    Credit SuisseBuyUpgraded
    Cormark SecuritiesUpgraded
    SbankOutperformUpgraded
    TD SecuritiesBuyUpgraded
    SbankSector PerformUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformMaintained
    Credit SuisseBuyUpgraded
    Canaccord GenuityBuyUpgraded
    BMO Capital MarketsOutperformUpgraded
    SbankSector PerformUpgraded
    Credit SuisseUpgraded
    Bank of AmericaBuyUpgraded
    National Bank FinancialOutperformUpgraded
    Canaccord GenuityBuyUpgraded
    Credit SuisseNeutralUpgraded
    Canaccord GenuityUpgraded
    TD SecuritiesBuyUpgraded
    SbankUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Credit SuisseUpgraded
    BMO Capital MarketsOutperformUpgraded
    National Bank FinancialUpgraded
    SbankOutperformInitiated
    Canaccord GenuityUpgraded
    National Bank FinancialOutperformUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Credit SuisseUpgraded
    Canaccord GenuityUpgraded
    BMO Capital MarketsUpgraded
    Canaccord GenuityUpgraded
    TD SecuritiesBuyDowngraded
    SbankUpgraded
    National Bank FinancialSector PerformInitiated
    Fundamental ResearchBuyInitiated
    TD SecuritiesAction List BuyUpgraded
    SbankUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialSector PerformUpgraded
    Credit SuisseUpgraded
    BMO Capital MarketsMarket PerformUpgraded
    Credit SuisseUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialSector PerformUpgraded
    Credit SuisseDowngraded
    B of A SecuritiesNeutralMaintained
    BarclaysEqual-WeightMaintained
    CitigroupBuyUpgraded
    SbankDowngraded
    National Bank FinancialSector PerformDowngraded
    TD SecuritiesAction List BuyUpgraded
    Credit SuisseDowngraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformUpgraded
    SbankUpgraded
    B of A SecuritiesNeutralUpgraded
    RBC CapitalSector PerformDowngraded
    Cormark SecuritiesDowngraded
    National Bank FinancialSector PerformUpgraded
    CitigroupDowngraded
    Credit SuisseDowngraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    BMO Capital MarketsDowngraded
    Eight CapitalDowngraded
    CitigroupDowngraded
    BarclaysEqual WeightDowngraded
    TD SecuritiesBuyDowngraded
    National Bank FinancialSector PerformDowngraded
    Desjardins SecuritiesDowngraded
    National Bank FinancialSector PerformDowngraded
    Eight CapitalDowngraded
    BMO Capital MarketsDowngraded
    BarclaysDowngraded
    Canaccord GenuityDowngraded
    BarclaysDowngraded
    National Bank FinancialSector PerformUpgraded
    BMO Capital MarketsMarket PerformUpgraded
    TD SecuritiesUpgraded
    CitigroupBuyUpgraded
    SbankSector PerformDowngraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    Eight CapitalInitiated
    BarclaysUpgraded
    SbankSector PerformUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialOutperformUpgraded
    Eight CapitalUpgraded
    Desjardins SecuritiesUpgraded
    BMO Capital MarketsMarket PerformUpgraded
    BarclaysUpgraded
    BarclaysDowngraded
    RBC CapitalUpgraded
    Canaccord GenuityBuyUpgraded
    Credit SuisseUpgraded
    BarclaysOverweightUpgraded
    TD SecuritiesBuyUpgraded
    SbankUpgraded
    RBC CapitalSector PerformUpgraded
    National Bank FinancialOutperformUpgraded
    Credit SuisseOutperformUpgraded
    Canaccord GenuityInitiated
    BarclaysUpgraded
    Canaccord GenuityInitiated
    CitigroupNeutralDowngraded
    TD SecuritiesBuyUpgraded
    Canaccord GenuityBuyReiterated
    BMO Capital MarketsMarket PerformReiterated
    Keefe BruyetteUpgraded
    SbankSector PerformUpgraded
    BarclaysUpgraded
    SbankSector PerformMaintained
    National Bank FinancialOutperformMaintained
    BarclaysUnderweightMaintained
    Credit SuisseNeutralUpgraded
    KBWMaintained
    TD SecuritiesHoldMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    KBWMaintained
    BarclaysMaintained
    RBC CapitalMaintained
    Canaccord GenuityMaintained
    Dundee SecuritiesMaintained
    Desjardins SecuritiesMaintained
    TD SecuritiesMaintained
    KBWMaintained
    TD SecuritiesHoldMaintained
    SbankSector PerformMaintained
    National Bank FinancialMaintained
    Dundee SecuritiesMaintained
    Canaccord GenuityMaintained
    Credit SuisseUnderperformMaintained
    Bank of AmericaUnderperformInitiated
    Dundee SecuritiesBuyMaintained
    DundeeBuyInitiated
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialMaintained
    Desjardins SecuritiesBuyMaintained
    BMO Capital MarketsAt Market PerformMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysUnderweightMaintained
    BarclaysUnderperformMaintained
    KBWMaintained
    SbankSector PerformMaintained
    TD SecuritiesHoldMaintained
    RBC CapitalSector PerformMaintained
    CIBC World MarketsMaintained
    BarclaysMaintained
    CIBC World MarketsMaintained
    CIBC World MarketsMaintained
    BarclaysUnderweightMaintained
    KBWMaintained
    BarclaysMaintained
    National Bank FinancialMaintained
    CIBC World MarketsMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    Canaccord GenuityHoldMaintained
    Credit SuisseMaintained
    Credit SuisseUnderperformDowngraded
    TD SecuritiesHoldDowngraded
    MacquarieNeutralMaintained
    Canaccord GenuityHoldMaintained
    KBWUnderperformMaintained
    SbankSector OutperformMaintained
    RBC CapitalSector PerformMaintained
    BMO Capital MarketsOutperformMaintained
    SbankMaintained
    RBC CapitalSector PerformMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Keefe Bruyette & WoodsUnderperformDowngraded
    National Bank FinancialMaintained
    Canaccord GenuityHoldMaintained
    BMO Capital MarketsOutperformMaintained
    BarclaysUnderweightMaintained
    BarclaysUnderweightMaintained
    UBSNeutralMaintained
    Credit SuisseNeutralMaintained
    SbankMaintained
    SbankMaintained
    BarclaysUnderweightMaintained
    MacquarieNeutralUpgraded
    MacquarieOutperformInitiated
    TD SecuritiesBuyMaintained
    SbankMaintained
    Canaccord GenuityBuyInitiated
    Credit SuisseNeutralMaintained
    KBWAt Market PerformMaintained
    SbankMaintained
    SbankMaintained
    BarclaysUnderweightMaintained
    TD SecuritiesBuyMaintained
    RBC CapitalSector PerformMaintained
    National Bank FinancialSector PerformMaintained
    CIBC World MarketsMaintained
    KBWAt Market PerformMaintained
    KBWAt Market PerformMaintained
    National Bank FinancialSector PerformMaintained
    Credit SuisseNeutralMaintained
    BMO Capital MarketsOutperformMaintained
    BarclaysUnderweightMaintained
    KBWAt Market PerformMaintained
    Credit SuisseNeutralMaintained
    BarclaysUnderperformMaintained
    MacquarieNeutralDowngraded
    KBWAt Market PerformMaintained
    Canaccord GenuityHoldMaintained
    BMO Capital MarketsOutperformMaintained
    Bank of AmericaNeutralDowngraded
    CIBC World MarketsSector OutperformMaintained
    KBWAt Market PerformMaintained
    BMO CapitalOutperformMaintained
    CitigroupNeutralInitiated
    BarclaysUnderweightDowngraded
    BarclaysUnderweightDowngraded
    Canaccord GenuityHoldMaintained
    BMO CapitalOutperformMaintained
    National Bank FinancialSector PerformMaintained
    Canaccord GenuityHoldMaintained
    BMO CapitalOutperformUpgraded
    Bank of AmericaBuyMaintained
    Stifel NicolausHoldInitiated
    Credit SuisseNeutralDowngraded

    Canadian Imperial Bank Of Commerce (CM) Stock Earning Per Share (EPS) Forecast / Estimate


    $3.564
    The average consensus EPS for CM is $3.564 with a high estimate of $3.833 and Low of $3.126 for the period 2021-12-31 and based on 15 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $3.59$3.10330762021-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $3.93$3.50818000000000032021-09-30
    $3.59$3.10330762021-06-30
    $3.58$2.89000492021-03-31
    $2.79$2.59589870000000022020-12-31
    $2.71$2.21943372020-09-30
    $0.94$1.63120070000000022020-06-30
    $3.24$3.08632290000000032020-03-31
    $2.84$3.15673372019-12-31
    $3.1$3.15069790000000042019-09-30
    $2.97$3.07565209999999972019-06-30
    $3.01$3.17412012019-03-31
    $3$3.13135452018-12-31
    $3.08$3.02790132018-09-30
    $2.95$2.89319792018-06-30
    $3.18$2.91276792018-03-31
    $2.81$2.6648162017-12-31
    $2.77$2.74061372017-09-30
    $2.64$2.64805790000000042017-06-30
    $2.89$2.67189212017-03-31
    $2.6$2.55550212016-12-31
    $2.67$2.41884172016-09-30
    $2.4$2.38080382016-06-30
    $2.55$2.4848752016-03-31
    $2.36$2.40975712015-12-31
    $2.45$2.38121579999999972015-09-30
    $2.28$2.29917632015-06-30
    $2.36$2.34200370000000022015-03-31
    $2.24$2.31867422014-12-31
    $2.23$2.27472410000000022014-09-30
    $2.17$2.12853619999999972014-06-30
    $2.31$2.2242852014-03-31
    $2.22$2.21503562013-12-31
    $2.29$2.21014310000000022013-09-30
    $2.12$2.14166872013-06-30
    $2.15$2.14578869999999982013-03-31
    $2.04$2.04448822012-12-31
    $2.06$2.01819232012-09-30
    $2$1.93356752012-06-30
    $1.97$1.98815752012-03-31
    $1.87$1.8603862011-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).