Investment Considerations: Beginners may be tempted to invest in companies with compelling narratives despite lacking revenue and profit; however, sustainable profits are crucial for long-term success, as highlighted by Peter Lynch's caution against high-risk investments.
Core & Main's Performance: Core & Main has shown promising growth with an 8% annual increase in earnings per share (EPS) over the last three years and an 11% revenue growth, indicating a strong market position and potential for future value creation.
CEO Compensation and Governance: The CEO of Core & Main earns significantly less than the median for similar companies, suggesting a shareholder-friendly approach and a culture of integrity within the company's governance.
Cautionary Note: While Core & Main exhibits positive growth and reasonable management compensation, there is one warning sign to consider, emphasizing the importance of thorough analysis before investing.
CNM
$54.68+Infinity%1D
Analyst Views on CNM
Wall Street analysts forecast CNM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNM is 57.70 USD with a low forecast of 40.00 USD and a high forecast of 67.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast CNM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CNM is 57.70 USD with a low forecast of 40.00 USD and a high forecast of 67.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Buy
2 Hold
1 Sell
Moderate Buy
Current: 55.430
Low
40.00
Averages
57.70
High
67.00
Current: 55.430
Low
40.00
Averages
57.70
High
67.00
Deutsche Bank
Collin Verron
maintain
$63 -> $65
2025-12-11
New
Reason
Deutsche Bank
Collin Verron
Price Target
$63 -> $65
2025-12-11
New
maintain
Reason
Deutsche Bank analyst Collin Verron raised the firm's price target on Core & Main to $65 from $63 and keeps a Buy rating on the shares. The firm updated the company's model post the fiscal Q3 report.
Baird
David Manthey
Outperform
maintain
$62 -> $64
2025-12-10
Reason
Baird
David Manthey
Price Target
$62 -> $64
2025-12-10
maintain
Outperform
Reason
Baird analyst David Manthey raised the firm's price target on Core & Main to $64 from $62 and keeps an Outperform rating on the shares. The firm updated its model following inline Q3 results.
JPMorgan
NULL -> Overweight
maintain
$58 -> $59
2025-12-10
Reason
JPMorgan
Price Target
$58 -> $59
2025-12-10
maintain
NULL -> Overweight
Reason
JPMorgan raised the firm's price target on Core & Main to $59 from $58 and keeps an Overweight rating on the shares. The firm updated the company's model post the Q3 report.
Citi
Neutral
maintain
$54 -> $56
2025-12-10
Reason
Citi
Price Target
$54 -> $56
2025-12-10
maintain
Neutral
Reason
Citi raised the firm's price target on Core & Main to $56 from $54 and keeps a Neutral rating on the shares. Following an in-line fiscal Q3 report, the firm notes that its FY25 EBITDA estimate is largely unchanged and that it raised FY26-27 estimates 3% to reflect better municipal demand and margin expansion initiatives.
About CNM
Core & Main, Inc. specializes in advancing reliable infrastructure with local service, nationwide. The Company, as a specialty distributor with a focus on water, wastewater, storm drainage and fire protection products and related services, provides solutions to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets. With more than 370 locations across the United States, the Company provides its customers local expertise backed by a national supply chain. The Company also has operations in Canada. The Company’s products include pipes, valves, fittings, storm drainage products, fire protection products, meter products and other products. The Company complements its core products through additional offerings, including fusible high-density polyethylene (fusible HDPE) piping solutions, specifically engineered treatment plant products, geosynthetics and erosion control products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
