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

Canadian Imperial Bank of Commerce logo
$117.61 +1.12 (+0.96%)
Closing price 10/28/2026 03:59 PM Eastern
Extended Trading
$117.70 +0.09 (+0.08%)
As of 10/28/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Canadian Imperial Bank of Commerce - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
5
Buy
5

Based on 10 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 10 analysts, 5 have given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for CM.

Consensus Price Target

$160.00
36.04% Upside
According to the 10 analysts' twelve-month price targets for Canadian Imperial Bank of Commerce, the average price target is $160.00. The highest price target for CM is $167.00, while the lowest price target for CM is $153.00. The average price target represents a forecasted upside of 36.04% from the current price of $117.61.
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.
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CM Analyst Ratings Over Time

TypeCurrent Forecast
10/29/25 to 10/29/26
1 Month Ago
9/29/25 to 9/29/26
3 Months Ago
7/31/25 to 7/31/26
1 Year Ago
10/29/24 to 10/29/25
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$160.00$160.00$143.33$108.33
Forecasted Upside36.04% Upside43.13% Upside20.92% Upside31.05% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Canadian Imperial Bank of Commerce Stock vs. The Competition

TypeCanadian Imperial Bank of CommerceFinance CompaniesBroader Market
Consensus Rating Score
2.60
2.27
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside36.04% Upside31.75% Upside16.65% Upside
News Sentiment Rating
Positive News

See Recent CM News
Positive News
Positive News
Report Date
0 Results
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/28/2026
Darko Mihelic
3 of 5 stars
Reiterated RatingOutperform
8/27/2026
Weiss Ratings logo
Weiss Ratings
2 of 5 stars
 UpgradeBuy (B+) ➝ Buy (A-)
8/21/2026
Barclays PLC logo
Barclays
3 of 5 stars
 Reiterated RatingOverweight
8/21/2026 Initiated CoverageMarket Perform
8/12/2026 Reiterated RatingBuy
8/4/2026 DowngradeBuy ➝ Hold
6/16/2026 Reiterated RatingOutperform
5/28/2026 Reiterated RatingHold
5/12/2026 Reiterated RatingMarket Perform
4/28/2026 DowngradeStrong-Buy ➝ Hold
2/27/2026 Boost Target$153.00+40.14%
8/27/2025 Boost TargetSector Perform$110.00+0.75%
5/30/2025Boost TargetOutperform$98.00 ➝ $102.00+50.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:10 AM 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 Monday, October 26, 2026. 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

green Wall Street bull icon

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

  • Canadian Imperial Bank of Commerce recently demonstrated strong financial performance by beating analyst expectations in its most recent quarterly report, posting earnings per share of $1.96 against a consensus estimate of $1.80 and generating revenue of $5.97 billion compared to the expected $5.74 billion, which signals robust operational efficiency and profitability to the market.
  • The stock currently trades at $115.49, which is significantly below the consensus price target of $167.00 maintained by analysts, suggesting that the market may be undervaluing the company's potential for growth and that there is substantial upside room for investors who buy at the current level.
  • Canadian Imperial Bank of Commerce offers a compelling income stream with a dividend yield of 2.71%, supported by a sustainable payout ratio of 41.26%, which provides a steady return for income-focused investors while leaving the company ample capital to reinvest in its business operations.
  • Recent news indicates that the company is actively expanding its capital markets footprint by launching a $1 billion limited recourse capital notes offering, a move that demonstrates financial strength and a strategic commitment to deepening its presence in the capital markets sector.
  • Analysts have maintained a "Moderate Buy" consensus rating on the stock, with recent reports highlighting that the company's excess returns are impressive and that it could be undervalued by as much as 30%, reflecting a positive outlook from the investment community regarding its long-term value proposition.

Canadian Imperial Bank of Commerce
Bear Case

red Wall Street bear icon

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

  • Several institutional investors, including Pinnacle Associates Ltd. and Guardian Partners Inc., have recently reduced their holdings in Canadian Imperial Bank of Commerce during the third quarter, with Pinnacle Associates cutting its position by 67.1%, which may indicate a lack of confidence among some large holders in the stock's near-term trajectory.
  • The company is preparing to issue up to $1 billion in long-dated debt, which will increase its leverage and interest expense obligations, potentially pressuring future earnings and reducing the financial flexibility that investors typically look for in a stable banking institution.
  • Short interest in the stock has been rising, with shares shorted increasing to 12.8 million as of the most recent record date, suggesting that a significant portion of the market is betting against the stock's price appreciation and expecting a decline in value.
  • Canadian Imperial Bank of Commerce has a beta of 1.02, meaning its stock price tends to move in line with the broader market, which offers little protection against systemic market downturns and exposes investors to the same level of volatility as the overall economy.
  • Some analysts, such as Desjardins, have downgraded the stock from a "buy" to a "hold" rating, reflecting a more cautious view on the company's growth prospects and suggesting that the current valuation may not fully justify aggressive investment at this time.

CM Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Imperial Bank of Commerce is $160.00, with a high forecast of $167.00 and a low forecast of $153.00.

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating 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 36.04% based on their 12-month stock forecasts.

Over the previous 90 days, Canadian Imperial Bank of Commerce's stock had 2 upgrades and 1 downgrade by analysts.

Canadian Imperial Bank of Commerce has been rated by research analysts at Barclays, Desjardins, Keefe, Bruyette & Woods, Royal Bank Of Canada, TD Securities, and Weiss Ratings in the past 90 days.

Canadian Imperial Bank of Commerce also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.

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.


MarketBeat monitors more than a dozen sources for Canadian Imperial Bank of Commerce analyst ratings, with the most recent rating issued on 8/28/2026.
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