HomeMarket analysisCommerzbank stock forecast: Third-party price targets

Commerzbank stock forecast: Third-party price targets

Commerzbank AG is one of Germany’s largest listed banks, and its share price is closely watched by market participants tracking the European banking sector. Explore CBK’s recent price action, third-party price targets and technical analysis.
By Dan Mitchell
Commerzbank stock forecast
Photo: Shutterstock.com

Commerzbank AG (CBK) is trading around €35.45 in intraday European dealing on 12 January 2026, moving within a session range between €34.57 and €35.56 as of 3:39pm UTC. Past performance is not a reliable indicator of future results.

The stock is trading amid a generally constructive backdrop for German equities, with Germany’s main stock market index (DE40) hovering near elevated territory in early January 2026 after recent gains (Trading Economics, 12 January 2026). Trading also unfolds against a stable domestic rate environment, with the Deutsche Bundesbank keeping the basic rate of interest unchanged at 1.27% from January 2026 (Deutsche Bundesbank, 1 January 2026).

Commerzbank stock forecast 2026–2030: Third-party price targets

As of 12 January 2026, third-party Commerzbank stock predictions indicate a relatively tight range around the current market level, with modest dispersion between lower and higher broker estimates. The figures below summarise selected third-party forecasts and rating updates published in late 2025 and early 2026.

MarketScreener (consensus snapshot)

Analyst data compiled by MarketScreener show an average 12-month target price of €33.87 for Commerzbank, with individual CBK stock forecasts ranging from €22.70 to €39.50. The service cites a sample of 13 covering analysts and classifies the overall stance as 'Hold,' reflecting a mix of views on profitability, capital distribution and macroeconomic sensitivity (MarketScreener, 9 January 2026).

Stockopedia (analyst consensus)

Stockopedia reports an analyst consensus target price of €34.90 for Commerzbank AG, framed as the central forecast for the shares as of 17 December 2025. The platform notes that this level sits slightly below the then prevailing market price, as analysts weigh expected earnings growth against common risks for European banks, including credit quality and regulatory developments.

Fintel (aggregated broker targets)

Data collated by Fintel indicate an average one-year price target of €35.60 for Commerzbank AG, with CBK stock forecasts spanning from €25.76 at the low end to €41.48 at the high end. The service attributes the dispersion to differing broker assumptions on net interest income, fee growth and cost efficiency within the context of the bank’s medium-term strategy (Fintel, 21 December 2025).

S&P Global Ratings (rating update context)

S&P Global Ratings revised its outlook on Commerzbank AG to positive while affirming its A/A-1 credit ratings, citing improved profitability prospects and capital generation within the 'Momentum 2028' plan. While S&P does not publish an equity price target, the agency highlights stronger through-the-cycle earnings capacity and capital buffers as supportive factors for the bank’s credit profile, alongside ongoing execution and macroeconomic risks (S&P Global. 4 December 2025).

Predictions and third-party forecasts are inherently uncertain, as they cannot fully account for unexpected market developments. Past performance is not a reliable indicator of future results.

CBK stock price: Technical overview

The CBK stock price was last quoted around €35.45 in early European trading on 12 January 2026 at 3:39pm, with price sitting close to the 20-, 50-, 100- and 200-day simple moving-average cluster at roughly €35.36, €33.89, €33.11 and €30.16 respectively. The 20-day SMA remains above the 50-day SMA, maintaining a 20-over-50 alignment, while the 200-day EMA near €29.95 runs just below the longer-term SMA band.

The 14-day RSI, around 53.8, sits in neutral territory, while the ADX reading near 24 points to a modestly developed trend rather than a strongly directional phase. On the topside, the first classic pivot resistance comes in at around €37.28, with R2 around €38.45 only coming into view on a sustained daily close above that level. On pullbacks, the classic pivot at €35.31 marks initial support, with the 100-day SMA around €33.11 forming the next downside area, and S1 near €34.14 becoming relevant only if that zone is breached on a closing basis (TradingView, 12 January 2026).

This is technical analysis for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.

Commerzbank share price history (2024–2026)

CBK’s stock price has risen over the past two years, moving from around €11.47 at the start of 2024 to approximately €35.53 by 12 January 2026 on the Xetra exchange. Over 2024, the stock generally traded in the low- to mid-teens before accelerating through 2025, with a series of higher lows from roughly €18 in January to above €30 by late summer. Into late 2025 and early 2026, CBK has been consolidating in the mid-€30s, with recent closes between roughly €34 and €37, as the latest phase of the broader uptrend pauses.

Past performance is not a reliable indicator of future results.

Commerzbank (CBK): Capital.com analyst view

The CBK stock price has delivered a notable two-year advance, rising from the low-teens in early 2024 to the mid-€30s by 12 January 2026, with recent sessions holding near the upper end of prevailing intraday ranges. This move has coincided with firmer trend indicators and a supportive moving-average structure, while shorter-term oscillators point to more balanced, two-way conditions rather than a strongly one-sided market.

From a driver perspective, the stock has benefited from improved sentiment towards European banks and expectations around Commerzbank’s profitability and capital plans, factors that can support valuations when conditions remain supportive. An alternative view is that this same sensitivity to the economic and rate environment, alongside execution risks linked to strategy delivery, means that setbacks in growth, earnings or credit quality could weigh on the share price, particularly following an extended period of gains.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Past performance is not a reliable indicator of future results.

Capital.com’s client sentiment for Commerzbank CFDs

As of 12 January 2026, Capital.com client positioning in Commerzbank CFDs currently skewed towards long positions, with buyers at 98% versus sellers at 2%. This places buyers ahead by 96 percentage points and indicates a heavily one-sided positioning snapshot, based on open positions on the platform. Client sentiment can change as traders adjust or close positions.

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Summary – Commerzbank stock price

  • Commerzbank AG’s share price rose from roughly €15.61 at the start of 2025 to the mid-€30s by year-end, representing a strong upward move over the year.
  • The most pronounced gains occurred from April 2025 onwards, with the price advancing from the low-€20s to above €30 during the second half of the year.
  • Technical signals over this period evolved from the lower levels seen in 2024 to a structure in which the 20-, 50-, 100- and 200-day moving averages all trended higher beneath spot prices by late 2025.
  • Third-party analyst targets for Commerzbank AG into 2026 continue to cluster around the mid-€30s, with variation driven by differing assumptions on profitability, capital strength and the wider European macroeconomic environment.

Past performance is not a reliable indicator of future results.

FAQ

Who owns the most Commerzbank stock?

Commerzbank AG has a diversified shareholder base that includes institutional investors, asset managers and public-sector stakeholders. A notable shareholder is the German government, which retains a stake following its involvement during the global financial crisis. Beyond this, ownership is spread across domestic and international institutions, with no single private investor holding a controlling position. As a result, the share price reflects a broad range of investor expectations and market influences.

What is the five-year Commerzbank share price forecast?

There is no definitive five-year share price forecast for Commerzbank, as uncertainty increases over longer time horizons. Most published analyst targets focus on a 12-month outlook rather than multi-year scenarios. Over longer periods, the share price is likely to remain sensitive to factors such as economic growth, interest rate conditions, regulatory changes and the bank’s ability to execute its strategy. Any longer-term projections should therefore be viewed as indicative rather than predictive.

Is Commerzbank a good stock to buy?

Whether Commerzbank is considered attractive depends on individual objectives, risk tolerance and market outlook. Some market participants focus on the bank’s profitability targets and capital position, while others place greater emphasis on the cyclical nature of the banking sector and its exposure to economic conditions. As with any listed equity, potential opportunities sit alongside risks, including earnings volatility and regulatory pressures. This content is for informational purposes only and does not constitute financial or investment advice.

Could Commerzbank stock go up or down?

Commerzbank’s share price can move both higher and lower, reflecting changes in market sentiment, company performance and broader economic conditions. Upside or downside movements may be influenced by factors such as interest rate expectations, credit quality, earnings announcements or shifts in investor positioning. Short-term price action can also be affected by wider equity market trends. As with all shares, price movements are uncertain, and past performance is not a reliable indicator of future results.

Should I invest in Commerzbank stock?

Deciding whether to invest in Commerzbank stock requires careful consideration of personal circumstances, financial goals and risk appetite. Shares can be volatile, and investors are exposed to company-specific, sector-wide and macroeconomic risks. Understanding how equity investments work and how they fit within a broader portfolio is an important part of that assessment. This content is provided for informational purposes only and should not be interpreted as financial or investment advice.

Can I trade Commerzbank CFDs on Capital.com?

Yes, you can trade Commerzbank CFDs on Capital.com. Trading share CFDs lets you speculate on price movements without owning the underlying asset and to take long or short positions. However, contracts for difference (CFDs) are traded on margin, and leverage amplifies both profits and losses. You should ensure you understand how CFD trading works, assess your risk tolerance, and recognise that losses can occur quickly.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk