Citigroup upgrades Cemex stock to Buy with a USD 12.00 target

Published on 10/27/2026 at 15:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cemex posted USD 4.59 billion revenue in Q3, up 8 percent year over year. Cemex stock costs EUR 0.93 on October 27, 2026 at Lang & Schwarz.

Analyst target and earnings

Citigroup upgraded Cemex to Buy and set a USD 12.00 target on October 15, 2026.
Third-quarter revenue reached USD 4.59 billion, up 8.00 percent year over year.
Cemex stock costs EUR 0.93 at Lang & Schwarz on October 27, 2026 at 3:40 p.m. CEST.
The next earnings webcast is scheduled for February 18, 2027.

CX, MXP225611567, Illustration mit AI erstellt.

Cemex (ISIN MXP225611567) received a Buy upgrade from Citigroup with a USD 12.00 price target on October 15, 2026, according to MarketScreener. Cemex was trading at EUR 0.93 at Lang & Schwarz on October 27, 2026 at 3:40 p.m. CEST.

Citigroup sets a USD 12.00 target

The Citigroup action is the most recent dated analyst change identified for Cemex. The target is USD 1.70, or 16.50 percent, above the NYSE quote of USD 10.30 at 10:50 a.m. ET on October 27, 2026. The calculation uses the two prices in U.S. dollars and does not compare the target with the euro quotation.

Third-quarter revenue reaches USD 4.59 billion

Cemex reported third-quarter 2026 revenue of USD 4.59 billion, an 8.00 percent increase from USD 4.25 billion in the year-earlier quarter. Operating EBITDA rose 12.00 percent to USD 990.00 million, while the margin expanded to 21.60 percent from 20.80 percent. Those figures were reported by Cemnet on October 27, 2026.

Cash flow strengthens while regions diverge

Third-quarter net profit attributable to controlling shareholders reached USD 407.00 million, up 55.00 percent from USD 264.00 million a year earlier. Free cash flow from operations increased 34.00 percent to USD 723.00 million. Yahoo Finance reported that Mexico operating EBITDA rose 30.00 percent to USD 480.00 million, while U.S. operating EBITDA declined 4.00 percent to USD 259.00 million.

Upcoming date and stock valuation

Cemex lists its next earnings webcast for February 18, 2027, at 11:00 a.m. ET on its investor relations page. The NYSE quote stood at USD 10.30 on October 27, 2026, with a market capitalization of USD 14.9 billion and a price-to-earnings ratio of 25.00. Its 52-week range was USD 9.30 to USD 13.67.

Price and investor perspective

The latest quarter combined higher consolidated revenue with a wider operating EBITDA margin, but the regional split remained important. Mexico delivered the strongest operating contribution, while U.S. profitability fell despite higher cement and aggregates volumes.

The stock was trading at EUR 0.93 at Lang & Schwarz on October 27, 2026 at 3:40 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Cemex stock.