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Commerce Bancshares Inc has a consensus price target of $63.18 based on the ratings of 11 analysts. The high is $71 issued by B of A Securities on June 24, 2025. The low is $48 issued by Morgan Stanley on July 26, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Piper Sandler, and Keefe, Bruyette & Woods on October 21, 2025, October 17, 2025, and October 17, 2025, respectively. With an average price target of $61 between Wells Fargo, Piper Sandler, and Keefe, Bruyette & Woods, there's an implied 16.99% upside for Commerce Bancshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
| Get Alert | |||||
|---|---|---|---|---|---|
| Oct 21, 2025 | 15.07% | 6065 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Oct 17, 2025 | 20.82% | 6370 | Previous Neutral Current Neutral | Get Alert | |
| Oct 17, 2025 | 15.07% | 6065 | Previous Market Perform Current Market Perform | Get Alert | |
| Oct 6, 2025 | 34.25% | — | 70 | Previous Initiates Current Outperform | Get Alert |
| Sep 29, 2025 | 34.25% | 6670 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Sep 29, 2025 | 24.66% | 6569 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Sep 25, 2025 | 20.82% | 63 | Previous Initiates Current Hold | Get Alert | |
| Jul 21, 2025 | 32.33% | 6269 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jul 17, 2025 | 34.25% | 66.570 | Previous Neutral Current Neutral | Get Alert | |
| Jul 10, 2025 | 18.91% | 6062 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jun 24, 2025 | 36.17% | 6971 | Previous Neutral Current Neutral | Get Alert | |
| Jun 17, 2025 | 16.99% | 5861 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Apr 17, 2025 | 26.58% | 6566 | Previous Neutral Current Neutral | Get Alert | |
| Apr 17, 2025 | 34.25% | 7074 | Previous Market Perform Current Market Perform | Get Alert | |
| Apr 9, 2025 | 15.07% | 6070 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Apr 7, 2025 | 11.23% | 5866 | Previous Underweight Current Equal-Weight | Get Alert | |
| Mar 13, 2025 | 26.58% | 6672 | Previous Underweight Current Underweight | Get Alert | |
| Jan 29, 2025 | 34.25% | 6770 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jan 23, 2025 | 38.08% | 6972 | Previous Neutral Current Neutral | Get Alert | |
| Dec 4, 2024 | 49.59% | 6678 | Previous Market Perform Current Market Perform | Get Alert | |
| Dec 3, 2024 | 28.49% | 6267 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Aug 5, 2024 | 26.58% | 5866 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jul 22, 2024 | 11.23% | 5558 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jul 22, 2024 | 18.91% | 5262 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jul 3, 2024 | 18.91% | 6062 | Previous Hold Current Hold | Get Alert | |
| May 10, 2024 | 15.07% | 5860 | Previous Market Perform Current Market Perform | Get Alert | |
| Apr 17, 2024 | 16.99% | 61 | Previous Market Perform Current Outperform | Get Alert | |
| Apr 17, 2024 | 11.23% | 5658 | Previous Market Perform Current Market Perform | Get Alert | |
| Apr 17, 2024 | 3.56% | 5354 | Previous Neutral Current Neutral | Get Alert | |
| Feb 7, 2024 | 5.48% | 4655 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Jan 19, 2024 | 7.4% | 5456 | Previous Market Perform Current Market Perform | Get Alert | |
| Jan 11, 2024 | 5.48% | 55 | Previous Initiates Current Neutral | Get Alert | |
| Dec 4, 2023 | -11.78% | 4646.67 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Dec 1, 2023 | -10.49% | 46.6749 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Oct 20, 2023 | -2.19% | 5152 | Previous Neutral Current Neutral | Get Alert | |
| Oct 20, 2023 | -4.11% | 5052 | Previous Equal-Weight Current Equal-Weight | Get Alert | |
| Sep 27, 2023 | -6.03% | 4849 | Previous Underweight Current Equal-Weight | Get Alert | |
| Jul 26, 2023 | -7.94% | 4848 | Previous Underweight Current Underweight | Get Alert | |
| Jul 7, 2023 | -7.94% | 4848 | Previous Underweight Current Underweight | Get Alert | |
| May 16, 2023 | -7.94% | 4850 | Previous Equal-Weight Current Underweight | Get Alert | |
| Apr 6, 2023 | 16.99% | 6172 | Previous Current Market Perform | Get Alert | |
| Apr 5, 2023 | -4.11% | 5070 | Previous Current Equal-Weight | Get Alert | |
| Apr 5, 2023 | 15.07% | 6065 | Previous Current Equal-Weight | Get Alert | |
| Jan 6, 2023 | 34.25% | 7070.48 | Previous Current Equal-Weight | Get Alert |
The latest price target for Commerce Bancshares (NASDAQ:CBSH) was reported by Wells Fargo on October 21, 2025. The analyst firm set a price target for $60.00 expecting CBSH to rise to within 12 months (a possible 15.07% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for Commerce Bancshares (NASDAQ:CBSH) was provided by Wells Fargo, and Commerce Bancshares maintained their equal-weight rating.
The last upgrade for Commerce Bancshares Inc happened on April 7, 2025 when Morgan Stanley raised their price target to $58. Morgan Stanley previously had an underweight for Commerce Bancshares Inc.
The last downgrade for Commerce Bancshares Inc happened on May 16, 2023 when Morgan Stanley changed their price target from $50 to $48 for Commerce Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Commerce Bancshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Commerce Bancshares was filed on October 21, 2025 so you should expect the next rating to be made available sometime around October 21, 2026.
While ratings are subjective and will change, the latest Commerce Bancshares (CBSH) rating was a maintained with a price target of $65.00 to $60.00. The current price Commerce Bancshares (CBSH) is trading at is $52.14, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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