CNM Stock Analysis: Buy, Sell, or Hold?
CNM - Core & Main, Inc.
$47.45
0.67 (1.44%)
▲
5d:
-3.0%
30d:
-6.59%
90d:
-17.2%
HOLD
MODERATE Confidence
Analysis Updated: May 15, 2026 12:00 AM ET
Earnings: Jun 09, 2026
21d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 HOLD: CNM shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
📊 HOLD: CNM shows mixed signals. Fine to hold existing positions. Not urgent to buy or sell.
Long-Term Wealth Forecast (2031)
Based on Analyst Consensus Growth & Historical Valuation
0% (Stagnation)
50% (Hyper Growth)
EST. PRICE IN 2031
$76.63
Based on 7.8% avg growth
INTRINSIC VALUE TODAY
$47.58
0.3% 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 20.5x Exit PE.
In-depth Analysis How we analyze
Valuation Analysis: CNM is currently trading at $47.45, which is considered oversold relative to its 30-day fair value range of $48.25 to $51.73. From a valuation perspective, the stock is trading at a discount (Forward PE: 18.1) compared to its historical average (20.5). Remarkably, the market is currently pricing in an annual earnings decline of 4.0% over the next few years. This pessimistic expectation contrasts with the company's recent 9.1% 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 $46.07. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: CNM has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $60.50 (+29.4%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Technical Outlook: Technically, CNM is in a strong uptrend. The price is currently testing key support at $46.07. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: CNM has a weak technical setup (25/100), with bearish trendlines and momentum suggesting caution for short-term entries. Wall Street analysts see significant upside, with an average price target of $60.50 (+29.4%). The stock is fairly positioned - fine to hold existing positions or accumulate slowly on dips, but not an urgent buy.
Quick Decision Summary
Current Position
OVERSOLD
Historical Trading Range
$48.25 -
$51.73
Company Quality Score
47/100
(HOLD)
Volume Confirmation
HIGH
Confidence Score
57.1%
All Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (25/100)
- BULLISH: High volume confirmation
- BULLISH: Trading 29.4% below Wall St target ($60.50)
Trading Range Analysis
30-Day Trading Range
$48.25 -
$51.73
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$46.07
Resistance Level
$51.79
Current Trend
Strong Uptrend
Technical data as of
May 15, 2026
Fundamental Context
Forward P/E (Next Year Est.)
18.15
Wall Street Target
$60.50
(+29.4%)
Revenue Growth (YoY)
-6.9%
Earnings Growth (YoY)
9.1%
Profit Margin
5.8%
Valuation Discount vs History
-4.0% cheaper
PE vs Historical
18.2 vs 20.5
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-4.0%
(market-implied from PE analysis)
1-Year Target
$44.90
(-4%)
2-Year Target
$43.10
(-8%)
3-Year Target
$41.38
(-12%)
3-Yr Target (if PE normalizes)
(PE: 18→21)
$46.75
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 22.1, Growth: 11.5%)
$78.84
(+69%)
Base:
(SPY PE: 18.1, Growth: 11.5%)
$64.82
(+39%)
Bear:
(PE: 15.4, Growth: 11.5%)
$55.10
(+18%)
📈
Valuation based on Current Earnings
RECOVERY PLAY: Stock looks expensive now (20x PE), but valuation improves significantly next year (18x PE) as earnings recover.
Trailing PE: 20.44 | Current EPS (TTM): $2.31
Bull Case
$57.94
(+24%)
Analyst growth 11.6%, PE expands to 22.5
Base Case
$52.68
(+13%)
Market implied 11.6%, PE stable at 20.4
Bear Case
$32.10
(-31%)
Severe decline -20.0%, PE contracts to 17.4
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 18.1 to 20.5
Stabilization Target:
$52.84
(+13.0%)
PE Expansion Potential:
+13.0%
Share & Embed Analysis
Last updated: May 18, 2026 10:32 AM ET
Data refreshes hourly during market hours. Next update: 11:32 AM
Data refreshes hourly during market hours. Next update: 11:32 AM
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| Ticker | Score | Recommendation | Change % |
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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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