Commonwealth Bank (CBA) price forecast

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Commonwealth Bank (CBA) is the largest banking conglomerate in Australia, with branches and offices also situated in Asia, the USA, and the UK. The bank offers all kinds of traditional banking services for retail and corporate clients. It also actively develops its insurance and international financial services, focusing on the Asian regions, including China, Indonesia, India, and Vietnam.

1

Current CBA stock price A$115.2.

2

According to analytical forecasts, the price of CBA stocks may reach A$132.9 by the end of 2024, and it is expected to be - A$213.16 by the end of 2029.

3

Based on technical analysis indicators, the recommendation for the 1H (one-hour) timeframe is Strong Buy, and for the 1D (one-day) timeframe - Neutral.

The long-term growth of Commonwealth Bank's stock price has been slow. Over the past decade, the growth has averaged 60-70%, which is relatively low compared to the returns of U.S. stock indices or individual American and European companies. Deep drawdowns in 2008, 2015, and 2020, corresponding to economic recessions, trade wars, and natural disasters, are visible on the chart. This indicates instability and risks during times of global instability.


The information on this page will introduce you to the main areas of Commonwealth Bank's operation and the factors impacting the value of its shares. Here you will also find a summary of financial results, forecasts for 2024, 2025, technical analysis, and analysts' opinions.


Traders Union analysts reviewed the financial condition of Commonwealth Bank, evaluated factors impacting the stock price and made short and long-term price forecasts. The review also features information on key multipliers of Commonwealth Bank as well as several useful ideas to help you make an informed investment decision.

NOTE!

On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:

  • Asset quotes are updated every minute.
  • Price chart is updated every minute.
  • Technical indicator data is updated according to the time frame. For example, on M5, the data is updated every 5 minutes.
  • Medium and long-term forecasts are updated every hour.
  • Financial reporting data is updated quarterly.

Data for fundamental analysis of Commonwealth Bank stock

In this section you will learn about the basic statistics of Commonwealth Bank and other data for fundamental analysis. The section provides key financial indicators of the company as well as main multipliers.


Basic indicators contain information about the company that provides a general idea of its operation and position in the market.



Basic indicators
Industry
Banks—Diversified
Sector
Financial Services
Number of employees
48.93K
Latest dividend payment date
2024-02-20
Dividend amount
2.15
Market cap
189.06B
Net income
10.09B
52-week low
94.37
52-week high
121.54
Beta coefficient
0.9


Key financial indicators of Commonwealth Bank contain general information about the financial condition of the company. For analysis, current values are compared to the values of previous periods, forecasts and indicators of competitors.



Financial indicators
Gross profit
-
Net income
10.09B
Accounts payable
9.72B
Accounts receivable
-
EPS
5.97
Long-term debt
190.07B


Multipliers are coefficients, derivative financial indicators that allow for assessing financial stability, the degree of undervaluation, overvaluation, investment attractiveness of a company, company’s performance, and forecasting an increase or decline in the value of shares.



Multipliers
EV
368.11B
EV/R
14.09
P/E
19.65
EV/EBITDA
-
EBITDA
-
P/S
7.24
Profit margin
0.37
P/B
2.6
Operating margin
0.57
Total debt
311.87B
Annual revenue per share
15.56
Debt to equity ratio
4.28
ROE
0.13
Current liquidity coefficient
-
ROA
0.01
Ratio of short positions to the total shares in circulation
-
Forward P/E
20.25
Forward annual dividend yield
0.08
PEG
20.25
Operating cash flow
-70.74B

Commonwealth Bank stock forecast for today, CBA signals for 1 week

Short-term CBA price forecast (signals) are prepared by Traders Union based on the technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe that you need to learn the CBA forecast for today.

NOTE!

Signals may differ on different time frames. If you want to buy Commonwealth Bank (CBA) and hold the stock for longer than one week, it is best to use the signals on daily and weekly timeframes. Timeframes from 5 minutes to 1 hour are best suitable for short-term transactions!

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Commonwealth Bank Stock forecast for 1 year. What will the CBA price be?

In this section, you will learn the following analyst forecasts:


  • Projected stock value
  • Quarterly and annual earnings per share (EPS) forecast.
  • Quarterly and annual sales volume forecast.

The forecasts are made based on surveys of top managers of companies and analysts. Also, current financial indicators of companies and projected indicators were taken into account.

Recommendations of analysts
Strong Buy 1
Buy 8
Hold 20
Sell 13
Strong Sell 3
Overall recommendation Hold
Projected stock value for six months, AUD
Current stock price 115.2
Highest projected stock price 109.7
Lowest projected stock price 80
Average projected stock price 92.2
Quarterly and annual earnings per share (EPS) forecast, AUD
Parameter Current quarter forecast 12-month forecast
Maximum forecast 0 6.25
Minimum forecast 0 5.12
Parameter Current quarter forecast 12-month forecast
Average forecast 0 5.59
Average forecast value 1 year ago - 5.75
Quarterly and annual sales volume forecast (overall profit)
Parameter Current quarter forecast 12-month forecast
Maximum forecast, AUD - 28.7B
Minimum forecast, AUD - 22.5B
Parameter Current quarter forecast 12-month forecast
Average forecast, AUD - 26.9B
Projected sales growth in % to the previous period - 1

Indicator Based Technical Analysis of CBA/AUD

To find a better entry point, also find out what TradingView technical analysis tool signals for the Commonwealth Bank (CBA/AUD) price. "Sell" or "Strong Sell" means that most of the signals are bearish. "Buy" or "Strong Buy" means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.

CBA/AUD Chart Online

What Commonwealth Bank price will be in 5 years and 12 years – prediction by years

According to the Traders Union long-term price forecast Commonwealth Bank (CBA) can reach A$132.9 by 2025, A$213.16 by 2030, A$311.08 by 2034.

Year Price in the middle of the year Price at the end of the year
2024 A$126.62 A$132.9
2025 A$139.17 A$146.07
2026 A$152.96 A$160.54
2027 A$168.12 A$176.45
2028 A$184.78 A$193.94
2029 A$203.09 A$213.16
2030 A$223.22 A$234.28
2031 A$245.34 A$257.5
2032 A$269.66 A$283.03
2033 A$296.39 A$311.08
2034 A$325.77 A$341.92
2035 A$358.06 A$375.81

Alternative long-term price forecasts by independent analytical platforms

Here, you will find long-term stock price forecasts provided by independent analytical resources. The price forecasting methodologies they use vary, which is why the forecasts may differ substantially from each other. We recommend focusing on the average price.


According to the price forecast by Walletinvestor analysts, the Commonwealth Bank stock will be priced at A$122.122 at the beginning of 2025, and A$138.987 at the beginning of 2028.


What Commonwealth Bank (CBA) news can influence the price in the future?

The key factor is the growth of net profit compared to previous periods and optimistic forecasts for the next quarters. Profit growth depends on the following factors:


  • Expanding presence in foreign markets, attracting new clients;
  • The policy of interest rates, which affects deposit and loan rates;
  • The economic well-being of the local population. The lower the unemployment and inflation levels in the regions where the bank operates, the higher the solvency of clients.

Other factors: geopolitics, changes in local legislation, competition. According to analysts, the Asian market, which the bank's management predominantly targets, has strict regulatory control, unpredictability, and lack of transparency. Therefore, with growth potential, there is still a high likelihood of prolonged drawdowns.

Latest exchange rates online

Price prediction methodology

The following tools and instruments were used for making the prediction:


Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.

Chart analysis. Analysis comprises a review of key levels of support, resistance, trend lines, as well as patterns formed on different time frames.

Statistical tools help evaluate a probability of a fundamental factor that could impact the price, its nature and intensity of impact.

Methods of mathematical and statistical analysis; modeling, adaptive forecasting methods.

Expert opinions and consensus forecast.

NOTE!

This forecast is based on current information and data of previous periods. Emergence of strong fundamental factors capable of radically changing the overall market trend and subsequent price trend is possible. The forecasts are updated regularly based on the latest data.

This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.

FAQs

What is the price of Commonwealth Bank (CBA) shares?

The price of Commonwealth Bank (CBA) shares is AUD A$115.2.

Is it worthwhile to buy Commonwealth Bank (CBA) shares?

It depends on your strategy. The bank is the largest in Australia, but its shares are sensitive to fundamental factors. Therefore, short- and medium-term investments are more effective than long-term ones.

How to buy Commonwealth Bank (CBA) shares in Australia?

Register and undergo verification with any stock or CFD broker licensed by the ASIC. Install the trading platform, deposit funds, and buy shares on the platform.

How to reduce the investment risks in Commonwealth Bank (CBA) shares?

Diversify risks by investing in multiple securities. Do not sell shares at the first minor drawdown. Aim to invest for the long term, from several months.