Cemex stock: Citi cuts target for Cemex stock to USD 12.00

Published on 10/16/2026 at 17:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 4.59 billion through June 30, 2026. Cemex stock costs EUR 0.92 on October 16, 2026 at 5:12 p.m. CEST.

Analyst target and earnings date

Citi lowered its Cemex target to USD 12.00 on October 14, 2026.
Second-quarter revenue reached USD 4.59 billion through June 30, 2026.
Cemex stock costs EUR 0.92 at Lang & Schwarz on October 16, 2026 at 5:12 p.m. CEST.
Cemex plans its third-quarter earnings webcast for October 26, 2026.

CX, MXP225611567, Illustration mit AI erstellt.

Markets Insider reported on October 14, 2026 that Citi upgraded Cemex from Neutral to Buy while cutting its price target from USD 13.70 to USD 12.00. Against the USD 10.27 primary-exchange price at the latest quoted time, the new target stands 16.84 percent higher. Cemex stock was trading at EUR 0.92 at Lang & Schwarz on October 16, 2026 at 5:12 p.m. CEST.

Second-quarter revenue reached USD 4.59 billion

Cemex reported USD 4.59 billion in revenue for the second quarter of 2026, compared with USD 4.02 billion in the first quarter. Operating profit reached USD 631.03 million in the second quarter, up from USD 409.64 million in the first quarter. Consolidated net income was USD 837.13 million, versus USD 234.10 million in the first quarter. The company reported a 21.00 percent EBITDA margin for the second quarter, compared with 19.00 percent in the first quarter. These figures appear in the company investor-relations materials dated to the period ended June 30, 2026, available from Cemex.

Price position stays within the yearly range

The primary-exchange quote was USD 10.27 on October 16, 2026 at 11:26 a.m. ET, with 3,510,943 shares traded against an average volume of 6,710,778 shares. The 52-week range was USD 9.11 to USD 13.67, placing the quote USD 3.40 below the high and USD 1.16 above the low. The latest euro quote is therefore a separate German-market indication for investors in Germany.

Valuation and earnings date

Cemex had a market capitalization of USD 14.9 billion and a trailing P/E ratio of 31.79 on October 16, 2026. Its dividend yield was 0.01 percent. The next scheduled company event is the third-quarter earnings webcast on October 26, 2026, at 11:00 a.m. ET, according to the Cemex investor-relations calendar.

Comparison with peers

Cemex (NYSE, USD): P/E 31.79, market capitalization USD 14.9 billion.
Martin Marietta Materials (NYSE, USD): plus 1.85 percent, P/E 12.30, market capitalization USD 30.1 billion.
Vulcan Materials (NYSE, USD): plus 1.87 percent, P/E 30.30, market capitalization USD 33.3 billion.

What the target means for the stock

Citi's target change puts valuation and operating execution at the center of the next trading phase. The company generated USD 749.34 million in operating cash flow during the second quarter of 2026, compared with USD 141.00 million in the first quarter. The earnings date on October 26, 2026 provides the next scheduled test for revenue, margins and cash generation.

Price and scheduled events

Cemex stock was trading at EUR 0.92 at Lang & Schwarz on October 16, 2026 at 5:12 p.m. CEST. The quoted primary-exchange price was USD 10.27 on October 16, 2026 at 11:26 a.m. ET, while the next earnings webcast is scheduled for October 26, 2026 at 11:00 a.m. ET. The further course of trading is shown by the continuously updated real-time quote of Cemex stock.