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CNM Stock Forecast: Core & Main Inc. Price Predictions for 2026

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$61.92

-0.41 (-0.66%)

CNM Stock Forecast 2025-2026

$61.92
Current Price
$12.29B
Market Cap
14 Ratings
Buy 10
Hold 3
Sell 1
Wall St Analyst Ratings

Distance to CNM Price Targets

+24.4%
To High Target of $77.00
+1.7%
To Median Target of $63.00
-35.4%
To Low Target of $40.00

CNM Price Momentum

+1.0%
1 Week Change
+3.8%
1 Month Change
+24.5%
1 Year Change
+21.6%
Year-to-Date Change
-0.9%
From 52W High of $62.47
+66.4%
From 52W Low of $37.22
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Latest CNM Stock Price Targets & Analyst Predictions

Based on our analysis of 16 Wall Street analysts, CNM has a bullish consensus with a median price target of $63.00 (ranging from $40.00 to $77.00). The overall analyst rating is Strong Buy (8.1/10). Currently trading at $61.92, the median forecast implies a 1.7% upside. This outlook is supported by 10 Buy, 3 Hold, and 1 Sell ratings.

Conversely, the most conservative target is provided by Nigel Coe at Wolfe Research, suggesting a 35.4% 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

10
Buy
3
Hold
1
Sell

CNM Price Target Range

Low
$40.00
Average
$63.00
High
$77.00
Current: $61.92

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
Jun 12, 2025 Citigroup Anthony Pettinari Neutral Maintains $62.00
Jun 11, 2025 RBC Capital Mike Dahl Outperform Maintains $67.00
Jun 11, 2025 Wells Fargo Sam Reid Overweight Maintains $65.00
Jun 11, 2025 Loop Capital Jeffrey Stevenson Buy Maintains $68.00
May 27, 2025 JP Morgan Stephen Tusa Overweight Maintains $56.00
Apr 1, 2025 Deutsche Bank Collin Verron Buy Initiates $60.00
Mar 26, 2025 RBC Capital Mike Dahl Outperform Maintains $60.00
Mar 26, 2025 Baird David Manthey Outperform Maintains $65.00
Feb 4, 2025 Wells Fargo Sam Reid Overweight Maintains $65.00
Jan 6, 2025 Citigroup Anthony Pettinari Neutral Maintains $56.00
Dec 5, 2024 Wells Fargo Sam Reid Overweight Maintains $62.00
Dec 5, 2024 Goldman Sachs Joe Ritchie Neutral Maintains $57.00
Dec 4, 2024 Loop Capital Jeffrey Stevenson Buy Maintains $63.00
Dec 4, 2024 Barclays Matthew Bouley Overweight Maintains $65.00
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
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

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 $12.29B with a P/E ratio of 28.9x. The company generates $7.61B in trailing twelve-month revenue with a 5.5% profit margin.

Revenue growth is +9.8% quarter-over-quarter, while maintaining an operating margin of +8.9% and return on equity of +25.3%.

Valuation Metrics

Market Cap $12.29B
Enterprise Value $14.06B
P/E Ratio 28.9x
PEG Ratio 25.4x
Price/Sales 1.6x

Growth & Margins

Revenue Growth (YoY) +9.8%
Gross Margin +26.7%
Operating Margin +8.9%
Net Margin +5.5%
EPS Growth +5.3%

Financial Health

Cash/Price Ratio +0.1%
Current Ratio 2.0x
Debt/Equity 139.8x
ROE +25.3%
ROA +7.3%
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Core & Main Inc. logo

Core & Main Inc. (CNM) Business Model

About Core & Main Inc.

What They Do

Distributor of water infrastructure products.

Business Model

The company generates revenue by distributing a comprehensive range of water, wastewater, storm drainage, and fire protection products to various sectors, including utilities and construction. Its extensive distribution network enables efficient delivery, ensuring that essential infrastructure components are accessible to communities and organizations.

Additional Information

Core & Main was originally part of HD Supply and has since positioned itself as a leader in the water infrastructure market. The company plays a vital role in supporting the reliability and sustainability of water management systems across the United States.

Company Information

Sector

Industrials

Industry

Industrial Distribution

Employees

5,700

CEO

Mr. Mark R. Witkowski C.P.A.

Country

United States

IPO Year

2021

Core & Main Inc. (CNM) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

3 Manufacturing Tools Stocks to Watch Despite Industry Headwinds

Persistent weakness in the manufacturing sector weighs on the Zacks Manufacturing-Tools & Related Products industry's near-term prospects. CNM, SWK and KMT are three stocks to retain.

Jul 07, 2025 By Susmita Roy Industry Outlook

Latest News

CNM stock latest news image
Quick Summary

Core & Main, Inc. (CNM) continues to grow despite challenges in the water infrastructure sector, indicating resilience in its business operations.

Why It Matters

Core & Main's resilience amidst adverse conditions indicates strong management and robust demand, potentially leading to sustained growth and profitability, attracting investor interest.

Source: FXEmpire
Market Sentiment: Positive
CNM stock latest news image
Quick Summary

Core & Main (CNM) shares declined after missing profit estimates and forecasting a "flat" market for the year.

Why It Matters

Core & Main's profit miss and flat market outlook signal potential challenges ahead, likely affecting its growth prospects and investor confidence, leading to stock price declines.

Source: Investopedia
Market Sentiment: Negative
CNM stock latest news image
Quick Summary

Core & Main, Inc. (NYSE: CNM) will hold its Q1 2025 earnings conference call on June 10, 2025, at 8:30 AM ET, featuring key executives and analysts from major financial institutions.

Why It Matters

Core & Main's Q1 2025 earnings call will provide insights into financial performance and strategic direction, influencing investor sentiment and stock valuation.

Source: Seeking Alpha
Market Sentiment: Neutral
CNM stock latest news image
Quick Summary

Core & Main reported record results for the first quarter of fiscal 2025, indicating strong financial performance.

Why It Matters

Core & Main's record fiscal results indicate strong performance and growth potential, which could lead to increased investor confidence and potential stock appreciation.

Source: Business Wire
Market Sentiment: Neutral
CNM stock latest news image
Quick Summary

Core & Main, Inc. (CNM) is set to release its first-quarter financial results on June 10, before the market opens.

Why It Matters

Core & Main's upcoming earnings report could influence stock performance, providing insights into revenue growth, profitability, and overall market trends.

Source: Benzinga
Market Sentiment: Neutral
CNM stock latest news image
Quick Summary

Core & Main (CNM) reported quarterly earnings of $0.52 per share, matching the Zacks Consensus Estimate and up from $0.49 per share year-over-year.

Why It Matters

Core & Main's earnings meeting expectations and showing year-over-year growth signals stability and potential for future growth, positively influencing investor sentiment and stock performance.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About CNM Stock

What is Core & Main Inc.'s (CNM) stock forecast for 2026?

Based on our analysis of 16 Wall Street analysts, Core & Main Inc. (CNM) has a median price target of $63.00. The highest price target is $77.00 and the lowest is $40.00.

Is CNM stock a good investment in 2026?

According to current analyst ratings, CNM has 10 Buy ratings, 3 Hold ratings, and 1 Sell ratings. The stock is currently trading at $61.92. 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 $63.00 in the next 12 months. This represents a 1.7% increase from the current price of $61.92. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Core & Main Inc.'s business model?

The company generates revenue by distributing a comprehensive range of water, wastewater, storm drainage, and fire protection products to various sectors, including utilities and construction. Its extensive distribution network enables efficient delivery, ensuring that essential infrastructure components are accessible to 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 24.4% increase from the current price of $61.92.

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 -35.4% decrease from the current price of $61.92.

What is the overall CNM consensus from analysts for Core & Main Inc.?

The overall analyst consensus for CNM is bullish. Out of 16 Wall Street analysts, 10 rate it as Buy, 3 as Hold, and 1 as Sell, with a median price target of $63.00.

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.

Last updated: July 8, 2025 4:26 AM UTC
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