CNM Stock Forecast 2025-2026
Distance to CNM Price Targets
CNM Price Momentum
10 Quality Stocks Worth Considering Now
Researching Core & Main (CNM) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
Get our FREE market selloff report + exclusive analysis on CNM and similar high-potential opportunities.
Latest CNM Stock Price Targets & Analyst Predictions
Based on our analysis of 15 Wall Street analysts, CNM has a bullish consensus with a median price target of $60.00 (ranging from $40.00 to $77.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $49.50, the median forecast implies a 21.2% upside. This outlook is supported by 9 Buy, 3 Hold, and 1 Sell ratings.
Conversely, the most conservative target is provided by Nigel Coe at Wolfe Research, suggesting a 19.2% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CNM Analyst Ratings
CNM Price Target Range
Latest CNM Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CNM.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 26, 2025 | Baird | David Manthey | Outperform | Maintains | $65.00 |
| Mar 26, 2025 | RBC Capital | Mike Dahl | Outperform | Maintains | $60.00 |
| Feb 4, 2025 | Wells Fargo | Sam Reid | Overweight | Maintains | $65.00 |
| Jan 6, 2025 | Citigroup | Anthony Pettinari | Neutral | Maintains | $56.00 |
| Dec 5, 2024 | Goldman Sachs | Joe Ritchie | Neutral | Maintains | $57.00 |
| Dec 5, 2024 | Wells Fargo | Sam Reid | Overweight | Maintains | $62.00 |
| Dec 4, 2024 | Loop Capital | Jeffrey Stevenson | Buy | Maintains | $63.00 |
| Dec 4, 2024 | Baird | David Manthey | Outperform | Maintains | $66.00 |
| Dec 4, 2024 | Truist Securities | Keith Hughes | Hold | Maintains | $56.00 |
| Dec 4, 2024 | RBC Capital | Mike Dahl | Outperform | Reiterates | $62.00 |
| Dec 4, 2024 | Barclays | Matthew Bouley | Overweight | Maintains | $65.00 |
| Oct 16, 2024 | Baird | David Manthey | Outperform | Maintains | $60.00 |
| Sep 23, 2024 | Wells Fargo | Sam Reid | Overweight | Initiates | $52.00 |
| Sep 6, 2024 | Goldman Sachs | Joe Ritchie | Neutral | Maintains | $50.00 |
| Sep 6, 2024 | JP Morgan | Stephen Tusa | Overweight | Maintains | $44.00 |
| Sep 5, 2024 | RBC Capital | Mike Dahl | Outperform | Maintains | $53.00 |
| Sep 5, 2024 | Truist Securities | Keith Hughes | Hold | Maintains | $38.00 |
| Sep 5, 2024 | Loop Capital | Jeffrey Stevenson | Buy | Maintains | $52.00 |
| Sep 5, 2024 | Barclays | Matthew Bouley | Overweight | Maintains | $57.00 |
| Sep 5, 2024 | B of A Securities | Andrew Obin | Underperform | Maintains | $34.00 |
Core & Main Inc. (CNM) Competitors
The following stocks are similar to Core & Main based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Core & Main Inc. (CNM) Financial Data
Core & Main Inc. has a market capitalization of $9.83B with a P/E ratio of 23.2x. The company generates $7.44B in trailing twelve-month revenue with a 5.5% profit margin.
Revenue growth is +17.9% quarter-over-quarter, while maintaining an operating margin of +7.3% and return on equity of +26.3%.
Valuation Metrics
Growth & Margins
Financial Health
Get All 10 Quality Stocks For This Market Selloff
Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.
Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.
Core & Main Inc. (CNM) Business Model
About Core & Main Inc.
Distributes water and wastewater infrastructure products.
Core & Main generates revenue by distributing a wide range of essential waterworks products, including pipes, fittings, and valves, to various sectors such as utilities, construction, and industrial markets. Their extensive distribution network allows them to efficiently deliver these products, ensuring they meet the infrastructure needs of communities and organizations.
The company is a significant player in the water infrastructure market, initially founded as a division of HD Supply. Core & Main's focus on reliability and sustainability positions it well in the growing demand for efficient water management systems across the United States.
Company Information
Sector
Industrials
Industry
Industrial Distribution
Employees
5,000
CEO
Mr. Stephen O. LeClair
Country
United States
IPO Year
2021
Website
www.coreandmain.comCore & Main Inc. (CNM) Latest News & Analysis
Core & Main Inc. (CNM) reported Q4 earnings of 33 cents per share, below the consensus estimate of 36 cents.
Core & Main's earnings miss may signal weaker performance expectations, potentially affecting stock prices and investor sentiment regarding future growth prospects.
Core & Main has announced its fiscal 2024 fourth quarter and full-year financial results. Further details were provided in their official release.
Core & Main's fiscal results indicate its financial health and growth trajectory, impacting stock performance, investor sentiment, and potential dividends.
Core & Main, Inc. (CNM) will announce its first-quarter financial results on Tuesday, March 25, before market opening.
Core & Main's upcoming Q1 financial results may impact stock performance, influencing investor sentiment and expectations regarding growth and profitability.
Core & Main (CNM) Q4 Earnings Lag Estimates
2 days agoCore & Main (CNM) reported Q3 earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.36. This is a slight increase from $0.34 per share in the same quarter last year.
Core & Main's earnings miss signals potential challenges in performance, which may lead to investor concerns about future growth and stock valuation.
Wall Street analysts' recommendations influence investor decisions on stocks. Changes in their ratings can significantly impact stock prices.
Analyst ratings can significantly sway stock prices, impacting investor decisions and market sentiment, leading to potential gains or losses in portfolios.
Core & Main Announces Leadership Transition
2 days agoCore & Main has announced a leadership transition, indicating potential changes in management that could affect company strategy and operations.
Leadership changes can impact company strategy, operational efficiency, and investor confidence, potentially affecting stock performance and future growth prospects.
Frequently Asked Questions About CNM Stock
What is Core & Main Inc.'s (CNM) stock forecast for 2025?
Based on our analysis of 15 Wall Street analysts, Core & Main Inc. (CNM) has a median price target of $60.00. The highest price target is $77.00 and the lowest is $40.00.
Is CNM stock a good investment in 2025?
According to current analyst ratings, CNM has 9 Buy ratings, 3 Hold ratings, and 1 Sell ratings. The stock is currently trading at $49.50. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for CNM stock?
Wall Street analysts predict CNM stock could reach $60.00 in the next 12 months. This represents a 21.2% increase from the current price of $49.50. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Core & Main Inc.'s business model?
Core & Main generates revenue by distributing a wide range of essential waterworks products, including pipes, fittings, and valves, to various sectors such as utilities, construction, and industrial markets. Their extensive distribution network allows them to efficiently deliver these products, ensuring they meet the infrastructure needs of communities and organizations.
What is the highest forecasted price for CNM Core & Main Inc.?
The highest price target for CNM is $77.00 from at , which represents a 55.6% increase from the current price of $49.50.
What is the lowest forecasted price for CNM Core & Main Inc.?
The lowest price target for CNM is $40.00 from Nigel Coe at Wolfe Research, which represents a -19.2% decrease from the current price of $49.50.
What is the overall CNM consensus from analysts for Core & Main Inc.?
The overall analyst consensus for CNM is bullish. Out of 15 Wall Street analysts, 9 rate it as Buy, 3 as Hold, and 1 as Sell, with a median price target of $60.00.
How accurate are CNM stock price projections?
Stock price projections, including those for Core & Main Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
