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

Published on 10/20/2026 at 17:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cemex reports third-quarter results before the open on October 26, 2026. Cemex stock costs EUR 0.92 on October 20, 2026 at 5:10 p.m. CEST.

Citigroup target and reporting date

Citigroup cut its Cemex target from USD 13.70 to USD 12.00 on October 15, 2026.
Cemex scheduled its third-quarter 2026 earnings webcast for October 26, 2026.
Cemex stock costs EUR 0.92 at Lang & Schwarz on October 20, 2026 at 5:10 p.m. CEST.
Cemex had a USD 14.9 billion market capitalization on October 20, 2026.

CX, MXP225611567, Illustration mit AI erstellt.

Cemex (ISIN MXP225611567) faces a lower Citigroup target of USD 12.00 after the bank cut its previous USD 13.70 target on October 15, 2026, according to MarketScreener. The target lies 16.62 percent above the NYSE price of USD 10.29, using the same October 20, 2026 quotation basis. Cemex was trading at EUR 0.92 at Lang & Schwarz on October 20, 2026 at 5:10 p.m. CEST.

Results date gives the next marker

Cemex has scheduled its third-quarter 2026 earnings webcast for October 26, 2026, before the US market opens, according to Cemex. MarketBeat said analysts expected quarterly revenue of USD 4.45 billion and earnings of USD 0.25 per share, compared with USD 4.59 billion and USD 0.24 per share in the prior quarter, in its October 19, 2026 preview.

Stock sits inside its yearly range

On the NYSE, Cemex last traded at USD 10.29 on October 20, 2026 at 11:22 a.m. ET. Its 52-week range was USD 9.11 to USD 13.67, putting the price 12.82 percent above the low and 24.73 percent below the high. Trading volume reached 3,590,525 shares at that timestamp.

Valuation remains tied to earnings

Cemex had a USD 14.9 billion market capitalization and a price-to-earnings ratio of 32.07 on October 20, 2026. The scheduled results will provide the next reported comparison for the USD 12.00 target and the company's earnings outlook.

Comparison with peers

Vulcan Materials Company (NYSE, USD): up 2.05 percent, P/E 31.01, market capitalization USD 34.0 billion.

Martin Marietta Materials (NYSE, USD): up 1.51 percent, P/E 12.52, market capitalization USD 30.6 billion.

What matters for Cemex stock

The immediate investor question is whether the October 26 results can support the earnings expectations cited by MarketBeat. Citigroup's move combines a Buy upgrade with a lower target, leaving the next report to clarify how the bank weighs operating progress against valuation.

The stock's USD 1.18 gap to the 52-week high is larger than its USD 1.18 distance from the Citigroup target in absolute terms, although those figures use different reference points. The euro quotation remains the relevant German trading indication for this report.

The further course of trading is shown by the continuously updated real-time quote of Cemex stock.