Update shared on 05 Nov 2025
Analysts have recently raised their price targets on Canadian Imperial Bank of Commerce. Several firms have increased projections by C$5 to C$15, citing continued earnings outperformance and improving margins in both U.S. and Canadian divisions.
Analyst Commentary
Recent street research reflects a generally positive tone among analysts regarding Canadian Imperial Bank of Commerce's outlook, supported by upward revisions to price targets following better-than-expected quarterly performance and margin expansion.
Bullish Takeaways- Bullish analysts cite continued earnings outperformance in recent quarters as a primary reason for raising price targets.
- Improving net interest margins in both the U.S. and Canadian segments are expected to support ongoing earnings growth.
- Strong core results in capital markets and pre-tax, pre-provision income suggest robust underlying business momentum.
- Upward revisions to future EPS estimates indicate confidence in sustained margin expansion and operational execution.
- Some analysts, while increasing price targets, maintain more cautious ratings. This indicates concerns about valuation following the recent rally.
- Retention of Hold or Underweight ratings by a subset of analysts reflects lingering uncertainty around the sustainability of recent margin gains.
- There is ongoing scrutiny regarding business mix and the impact of rate movements on net interest margin over the coming quarters.
- Not all analysts are convinced the positive momentum is fully de-risked, especially given continued macroeconomic headwinds.
What's in the News
- CIBC announced the national launch of CIBC Real-Time Experience (CRX), an AI-enabled platform designed to deliver personalized financial solutions across all client touchpoints (Key Developments).
- A class action settlement of $26 million has been reached with CIBC and CIBC Trust Corporation regarding mutual fund trusts held through discount brokers, pending court approval in November 2025 (Key Developments).
- The Board of Directors authorized a new buyback plan, including a share repurchase program for up to 20 million shares. This represents 2.2 percent of CIBC's outstanding share capital, with all repurchased shares to be cancelled upon completion, subject to regulatory approval (Key Developments).
- CIBC Innovation Banking provided growth financing to Vector, a logistics workflow automation company, to help enhance global supply chain connectivity and safety (Key Developments).
Valuation Changes
- Fair Value: Remains unchanged at CA$110.01, indicating stability in intrinsic valuation estimates.
- Discount Rate: Decreased from 7.28 percent to 7.12 percent. This reflects a slightly lower risk premium in updated models.
- Revenue Growth: Remains steady at 4.57 percent. This signifies unchanged expectations for top-line expansion.
- Net Profit Margin: Holds steady at 29.62 percent. This suggests continued expectations for strong profitability.
- Future P/E: Declined marginally from 13.73x to 13.67x. This represents a minor contraction in valuation multiples assigned to future earnings.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.