On June 11, 2025, Loop Capital maintained its "Buy" rating for Core & Main (CNM, Financial) while raising the stock's price target. The updated price target is now set at $68.00 USD, up from the previous target of $63.00 USD, reflecting a 7.94% increase.
The adjustment in price target comes from analyst Jeffrey Stevenson, who continues to endorse Core & Main (CNM, Financial) as a favorable investment, reaffirming the "Buy" status previously held for the stock.
Investors in Core & Main (CNM, Financial) may view this raise in price target as a positive signal of the company's potential performance in the market, as projected by Loop Capital's analysis.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Core & Main Inc (CNM, Financial) is $62.28 with a high estimate of $77.00 and a low estimate of $40.00. The average target implies an upside of 7.93% from the current price of $57.70. More detailed estimate data can be found on the Core & Main Inc (CNM) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Core & Main Inc's (CNM, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Core & Main Inc (CNM, Financial) in one year is $46.39, suggesting a downside of 19.6% from the current price of $57.7. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Core & Main Inc (CNM) Summary page.
