Stock Price & Analysis

Based on the provided data, here's an analysis of CM stock:

Technical Analysis The stock is currently trading at $63.63, showing a modest gain of +0.44% in the last session. The RSI at 52.22 indicates a neutral momentum, neither overbought nor oversold. The MACD at -0.40 suggests slight bearish momentum in the near term.

Recent News Impact A significant development is the potential impact of Trump's proposed 25% tariff on Canadian imports starting February 1, 2025. Canadian Prime Minister Trudeau has warned about potential retaliatory measures. This geopolitical tension could create near-term volatility for Canadian banks like CM.

Corporate Actions CM recently announced the redemption of its Floating Rate Subordinated Capital Debentures due 2085, with a total outstanding principal of US$9.75M, to be redeemed on February 28, 2025. This demonstrates proactive liability management.

Analyst Sentiment Recent analyst actions show improving sentiment:

• January 9, 2025: RBC Capital upgraded from Hold to Buy with price target increased from $97 to $103 (66% upside)
• December 6, 2024: RBC Capital reiterated Hold with price target raised from $74 to $97

Fibonacci Levels

• Resistance levels: R1: $63.48, R2: $64.06, R3: $64.99
• Support levels: S1: $61.62, S2: $61.04, S3: $60.11
• Pivot: $62.55

Based on technical analysis and current market conditions, CM stock appears to be in a consolidation phase near its resistance levels. The recent analyst upgrade and strong price target suggest significant upside potential, but the looming trade tensions create near-term uncertainty. Consider waiting for a pullback to support levels around $61.62 for a better entry point.

Based on the provided data and current market conditions, here's the price prediction for CM (Canadian Imperial Bank of Commerce) stock in 2025:

The stock is expected to reach $64.99 (Fibonacci R3 level) by Q2 2025, driven by the bank's strategic moves including the redemption of floating rate subordinated capital debentures and potential market recovery despite current trade tensions between US and Canada. The technical indicators show a neutral RSI of 52.22 with MACD at -0.40, suggesting a consolidation phase before the next upward movement.

Note: This analysis is based on technical analysis and current market conditions. Stock market predictions are inherently uncertain and should not be the sole basis for investment decisions. Please conduct your own research and consider consulting with a financial advisor before making any investment decisions.

The S1 support level for CM Stock is $61.63 ,The R1 resistant level for CM Stock is $64.15.

As of the end of day on 2025-01-24, the price of CM Stock was $63.6.

The target price for CM Stock according to analyst rating is 73.56, with the highest price target at 103.00 and the lowest at 59.12. Analysts have a Moderate Buy rating on CM Stock overall.

The market cap of CM is $59.9B.

Based on the provided financial data and recent news, here's a comprehensive analysis of CM's valuation:

Valuation Metrics Analysis CM's current valuation metrics show concerning trends with increasing multiples across the board in Q4 2024:

• P/E ratio expanded to 11.97x from 9.28x in Q1
• EV/EBITDA increased to 19.01x from 17.07x in Q1
• P/S ratio rose to 3.25x from 2.41x in Q1
• P/B ratio climbed to 1.53x from 1.16x in Q1

Financial Performance The bank shows steady but modest growth:

• Revenue increased from CAD 6.15B in Q1 to CAD 6.51B in Q4 2024
• Net income grew from CAD 1.65B to CAD 1.80B
• ROE improved from 12.83% to 13.46%
• Net margin remained relatively stable around 28-29%

Key Risk Factors A significant headwind has emerged with Trump's proposed 25% tariff on Canadian imports starting February 1, 2025. This could materially impact CM's operations and profitability given its significant exposure to cross-border trade.

Recent Development CM announced the redemption of US$9.75M Floating Rate Subordinated Capital Debentures due 2085, indicating active liability management but also potentially suggesting limited growth opportunities.

Conclusion CM appears overvalued considering:

1. Expanding valuation multiples across all metrics
2. Modest financial growth not justifying the multiple expansion
3. Significant headwinds from potential trade tariffs
4. High debt-to-equity ratio at 249.56%
5. Relatively low dividend yield at 4.13% in Q4 2024

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.

Based on the provided data and current market conditions, here's the price prediction for Canadian Imperial Bank of Commerce (CM) stock by 2030:

CM stock is projected to reach approximately $95-100 by 2030, driven by the bank's strong capital position and strategic focus on operational efficiency. The recent announcement of redeeming US$9.75M floating rate subordinated debentures demonstrates the bank's proactive capital management. Potential trade tensions between US-Canada, as evidenced by recent tariff discussions, could create some headwinds but CM's diversified revenue streams should help maintain growth trajectory.

CM has a total of 48525 employees.