CNM Stock Analysis: Buy, Sell, or Hold?
CNM - Core & Main, Inc.
$44.39
-0.49 (-1.09%)
âŧ
5d:
-2.1%
30d:
+1.77%
90d:
-6.09%
WAIT
LOW Confidence
Analysis Updated: Aug 24, 2026 12:00 AM ET
Earnings: Sep 08, 2026
14d
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Interactive Price Chart (1 Month)
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Bottom Line:
âšī¸ NEUTRAL: CNM is fairly priced but lacks strong directional signals. At -4.3% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
âšī¸ NEUTRAL: CNM is fairly priced but lacks strong directional signals. At -4.3% expected growth, valuation appears cheap. Wait for clearer setup or better entry on dips.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$73.26
Based on 7.8% avg growth
INTRINSIC VALUE TODAY
$45.49
2.4% Margin of Safety
How this is calculated: We use a Growth Decay Model: starting with analyst consensus growth (adjusted above) and gradually slowing it down to a long-term terminal rate (4%) by Year 5. This provides a more realistic valuation than assuming constant hyper-growth. We then apply a 19.6x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: CNM is currently trading at $44.39, which is considered fair relative to its 30-day fair value range of $43.72 to $46.12. From a valuation perspective, the stock is trading at a discount (Forward PE: 17.2) compared to its historical average (19.6). Remarkably, the market is currently pricing in an annual earnings decline of 4.3% over the next few years. This pessimistic expectation contrasts with the company's recent 9.4% earnings growth, suggesting potential undervaluation if the company simply maintains stability.
Technical Outlook: Technically, CNM is in a strong uptrend. The price is currently testing key support at $44.18. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock scores a mixed 42/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $60.40 (+36.1%). Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, CNM is in a strong uptrend. The price is currently testing key support at $44.18. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: The stock scores a mixed 42/100 on our bottoming-setup gauge, with only partial signs of a stabilized entry point. Wall Street analysts see significant upside, with an average price target of $60.40 (+36.1%). Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
FAIR
Historical Trading Range
$43.72 -
$46.12
Company Quality Score
52/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
72.4%
All Signals
- NEUTRAL: Price in fair range
- NEUTRAL: Mixed technical signals (42/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 36.1% below Wall St target ($60.40)
- WARNING: Composite score 52/100 in the bottom quintile â this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$43.72 -
$46.12
Current vs Trading Range
FAIR
Support & Resistance Levels
Support Level
$44.18
Resistance Level
$47.00
Current Trend
Strong Uptrend
Technical data as of
Aug 24, 2026
Fundamental Context
Forward P/E (Next Year Est.)
17.22
Wall Street Target
$60.40
(+36.1%)
Revenue Growth (YoY)
-0.1%
Earnings Growth (YoY)
9.4%
Profit Margin
5.9%
Valuation Discount vs History
-4.3% cheaper
PE vs Historical
17.2 vs 19.6
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-4.3%
(market-implied from PE analysis)
1-Year Target
$42.48
(-4%)
2-Year Target
$40.65
(-8%)
3-Year Target
$38.91
(-12%)
3-Yr Target (if PE normalizes)
(PE: 17â20)
$44.28
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.1, Growth: 11.5%)
$71.62
(+61%)
Base:
(SPY PE: 17.2, Growth: 11.5%)
$61.52
(+39%)
Bear:
(PE: 14.6, Growth: 11.5%)
$52.29
(+18%)
đ
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (19x PE), but valuation improves significantly next year (17x PE) as earnings recover.
Trailing PE: 19.02 | Current EPS (TTM): $2.36
Bull Case
$53.92
(+22%)
Analyst growth 9.2%, PE expands to 20.9
Base Case
$49.02
(+10%)
Market implied 9.2%, PE stable at 19.0
Bear Case
$30.52
(-31%)
Severe decline -20.0%, PE contracts to 16.2
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
đĄ
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 17.2 to 19.6
Stabilization Target:
$50.52
(+13.8%)
PE Expansion Potential:
+13.8%
Share & Embed Analysis
Last updated: August 24, 2026 6:41 PM ET
Data refreshes hourly during market hours. Next update: 7:41 PM
Data refreshes hourly during market hours. Next update: 7:41 PM
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Technical Signals Check
Is CNM showing a specific setup today?
Insider Activity (6 Months)
1
Buys
1
Sells
0
Net
INSIDERS SELLING
Recent Transactions
Robyn L Bradbury
SELL
5000 shares
2026-04-17
James D Hope
BUY
1972 shares
2026-04-07
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