CBSH Price Prediction Next Week
CBSH Stock Price Prediction and Recommendation
Based on the analysis of news sentiment and technical indicators, here is the prediction for CBSH stock:
News Sentiment Analysis:
- Earnings Performance: CBSH reported strong Q4 earnings, surpassing both last year's results and analyst expectations, with a profit of $136.11 million, up 24.6% year-over-year.
- Dividend Increase: The company announced a 7% dividend hike, reflecting confidence in its financial health.
- Analyst Upgrades: Multiple firms raised their price targets, with BofA, Morgan Stanley, and Piper Sandler setting targets between $70 and $72.
Technical Indicators:
- RSI (6-period): 26.16, indicating oversold conditions and potential for a rebound.
- MACD: Slightly negative but nearing a bullish crossover.
- Fibonacci Levels: Pivot at $63.61, with resistance at $65.79 and $67.14.
Price Prediction:
The stock is expected to rise to $67.14 in the next trading week, driven by positive earnings, dividend growth, and analyst optimism.
Recommendation:
Buy CBSH stock as it is likely to test the upper resistance levels due to strong fundamentals and improving technical indicators.
CBSH Similar Chart Price Prediction
The price of CBSH is predicted to go up -0.83%, based on the high correlation periods with SFNC. The similarity of these two price pattern on the periods is 98.72%.
CBSH
SFNC
Down: -0.83%Similarity: 98.72%
CBSH Revenue Forecast
CBSH EPS Forecast
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CBSH Analyst's Forecast
Manan Gosalia
Morgan Stanley
Sell
2025-03-13
Price Target
$72 → $66
Upside
+12.15%
Morgan Stanley lowered the firm's price target on Commerce Bancshares to $66 from $72 and keeps an Underweight rating on the shares. The firm is reducing its estimates on Midcap Banks in North America under its coverage given higher uncertainty and slower economic growth outlook, the analyst tells investors. Trade and tariff policy changes are occurring sooner and more forcefully than previously anticipated, Morgan Stanley states. Additionally, the firm notes a slower pace of economic growth and higher level of policy uncertainty is a headwind for the sector, leading to many price target cuts in the group.
Nathan Race
Piper Sandler
Hold
2025-01-23
Price Target
$69 → $72
Upside
+9.49%
Steven Shaw
Wells Fargo
Hold
2024-12-03
Price Target
$62 → $67
Downside
-3.05%
