NASDAQ:CCMP - CMC Materials Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $155.25
  • Forecasted Upside: -15.27 %
  • Number of Analysts: 9
  • Breakdown:
  • 2 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$183.22
▲ +3.68 (2.05%)
1 month | 3 months | 12 months
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Analyst Price Target for CCMP

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$155.25
▼ -15.27% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for CMC Materials in the last 3 months. The average price target is $155.25, with a high forecast of $170.00 and a low forecast of $140.00. The average price target represents a -15.27% upside from the last price of $183.22.
Hold
The current consensus among 9 investment analysts is to hold stock in CMC Materials. This rating has held steady since January 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/29/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
4/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 1 sell ratings
7/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
10/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
1/21/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings
4/21/2021

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 2 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/25/2021CitigroupBoost Price Target$140.00 ➝ $150.00Medium
i
1/18/2021The Goldman Sachs GroupUpgradeSell ➝ Neutral$143.00 ➝ $164.00N/A
i
11/16/2020Seaport Global SecuritiesReiterated RatingNeutralMedium
i
Rating by M. Harrison at Seaport Global Securities
11/13/2020Smith Barney CitigroupDowngradeNeutral ➝ Sell$140.00High
i
11/13/2020Loop CapitalLower Price TargetBuy$187.00 ➝ $170.00High
i
11/13/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellDowngradeNeutral ➝ Sell$175.00 ➝ $140.00High
i
9/11/2020Berenberg BankInitiated CoverageHold$155.00Medium
i
7/27/2020CL KingBoost Price TargetBuy$153.00 ➝ $163.00High
i
7/20/2020CitigroupBoost Price TargetPositive ➝ Neutral$140.00 ➝ $155.00High
i
7/2/2020CL KingBoost Price TargetBuy$150.00 ➝ $153.00High
i
5/14/2020Loop CapitalLower Price TargetAccumulate ➝ Buy$187.00 ➝ $150.00High
i
Rating by Chris Kapsch at Loop Capital
5/8/2020CfraLower Price TargetBuy$180.00 ➝ $160.00Low
i
5/8/2020CitigroupLower Price TargetNeutral$175.00 ➝ $140.00High
i
4/15/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$92.00 ➝ $97.00High
i
Rating by Toshiya Hari at The Goldman Sachs Group, Inc.
3/24/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$178.00 ➝ $92.00High
i
2/11/2020Sanford C. BernsteinReiterated RatingSellLow
i
2/7/2020CitigroupBoost Price TargetNeutral$140.00 ➝ $175.00Medium
i
12/18/2019Loop CapitalUpgradeHold ➝ Buy$156.00 ➝ $163.00Medium
i
11/14/2019Loop CapitalDowngradeBuy ➝ Hold$156.00High
i
10/30/2019Seaport Global SecuritiesDowngradeBuy ➝ NeutralMedium
i
Rating by M. Harrison at Seaport Global Securities
10/28/2019Buckingham ResearchReiterated RatingBuy$150.00 ➝ $170.00High
i
Rating by Dmitry Silversteyn at Buckingham Research
9/12/2019Buckingham ResearchBoost Price TargetBuy$130.00 ➝ $150.00Low
i
8/7/2019Seaport Global SecuritiesReiterated RatingBuyLow
i
Rating by M. Harrison at Seaport Global Securities
7/8/2019CL KingInitiated CoverageBuy ➝ Buy$125.00High
i
7/8/2019The Goldman Sachs GroupInitiated CoverageBuy ➝ Buy$148.00High
i
11/29/2018Buckingham ResearchInitiated CoverageBuy ➝ Buy$130.00Low
i
11/29/2018Loop CapitalSet Price TargetBuy$123.00Low
i
Rating by Chris Kapsch at Loop Capital
8/20/2018Loop CapitalSet Price TargetBuy$117.00Low
i
Rating by Chris Kapsch at Loop Capital
7/27/2018Loop CapitalBoost Price TargetBuy ➝ Positive$123.00 ➝ $134.00Low
i
Rating by Chris Kapsch at Loop Capital
5/15/2018Loop CapitalBoost Price TargetOutperform ➝ Buy$123.00Low
i
1/29/2018Seaport Global SecuritiesReiterated RatingBuy$112.00Low
i
Rating by M. Harrison at Seaport Global Securities
1/26/2018Loop CapitalBoost Price TargetBuy ➝ Buy$108.00 ➝ $112.00Low
i
1/26/2018Needham & Company LLCReiterated RatingBuy ➝ Buy$110.00 ➝ $120.00Low
i
10/27/2017Loop CapitalBoost Price TargetBuy$94.00 ➝ $108.00N/A
i
10/27/2017CitigroupBoost Price TargetNeutral$80.00 ➝ $94.00N/A
i
9/28/2017Loop CapitalInitiated CoverageBuy ➝ Buy$94.00Medium
i
9/19/2017Needham & Company LLCReiterated RatingBuy$85.00Low
i
9/6/2017Seaport Global SecuritiesInitiated CoverageBuyMedium
i
Rating by M. Harrison at Seaport Global Securities
6/27/2017Needham & Company LLCUpgradeHold ➝ Buy$85.00High
i
3/20/2017CitigroupBoost Price TargetNeutral$75.00Low
i
3/17/2017AegisUpgradeHold ➝ BuyHigh
i
1/18/2017AegisInitiated CoverageHoldN/A
i
(Data available from 4/21/2016 forward)
CMC Materials logo
CMC Materials, Inc., together with its subsidiaries, provides consumable materials to semiconductor manufacturers, and pipeline and adjacent industry customers in North America, Asia, Europe, the Middle East, Africa, and South America. The company operates through two segments, Electronic Materials and Performance Materials. The Electronic Materials segment provides chemical mechanical planarization (CMP) are used for polishing various materials used in IC devices, including tungsten, dielectric materials, copper, tantalum, and aluminum; and various materials that are used in the production of disk substrates and magnetic heads for hard disk drives; and CMP pads which are used in conjunction with slurries in the CMP process. This segment also offers sulfuric, phosphoric, nitric, and hydrofluoric acids, as well as ammonium hydroxide, hydrogen peroxide, isopropyl alcohol, other specialty organic solvents, and various blends of chemicals. The Performance Materials segment engages in pipeline and industrial materials business; provides routine and emergency maintenance services; polymer-based drag-reducing agents for crude oil transmission; and valve greases, cleaners and sealants, and related services and equipment. This segment also offers precision polishing and metrology systems for advanced optics applications; and magneto-rheological polishing fluids, consumables, and spare and replacement parts, as well as optical polishing services and other customer support services. It also engages in the wood treatment business. The company was formerly known as Cabot Microelectronics Corporation and changed its name to CMC Materials, Inc. in October 2020. CMC Materials, Inc. was founded in 1999 and is headquartered in Aurora, Illinois.
Read More

Today's Range

Now: $183.22
$178.66
$184.68

50 Day Range

MA: $178.02
$156.15
$196.90

52 Week Range

Now: $183.22
$104.21
$198.60

Volume

283 shs

Average Volume

190,859 shs

Market Capitalization

$5.34 billion

P/E Ratio

37.93

Dividend Yield

0.99%

Beta

1.17

Frequently Asked Questions

What sell-side analysts currently cover shares of CMC Materials?

The following Wall Street analysts have issued stock ratings on CMC Materials in the last twelve months: Berenberg Bank, Cfra, Citigroup Inc., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, CL King, Loop Capital, Seaport Global Securities, Smith Barney Citigroup, The Goldman Sachs Group, Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for CCMP.

What is the current price target for CMC Materials?

8 Wall Street analysts have set twelve-month price targets for CMC Materials in the last year. Their average twelve-month price target is $155.25, suggesting a possible downside of 13.5%. Loop Capital has the highest price target set, predicting CCMP will reach $170.00 in the next twelve months. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell has the lowest price target set, forecasting a price of $140.00 for CMC Materials in the next year.
View the latest price targets for CCMP.

What is the current consensus analyst rating for CMC Materials?

CMC Materials currently has 2 sell ratings, 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CCMP, but not buy more shares or sell existing shares.
View the latest ratings for CCMP.

What other companies compete with CMC Materials?

How do I contact CMC Materials' investor relations team?

CMC Materials' physical mailing address is 870 NORTH COMMONS DRIVE, AURORA IL, 60504. The semiconductor company's listed phone number is (630) 375-6631 and its investor relations email address is [email protected] The official website for CMC Materials is www.cabotcmp.com.