Cemex (NYSE:CX) Stock Breaks Above Fifty Day Moving Average Following Analyst Downgrade

Posted by Francis Steltz on Oct 28th, 2026

Cemex S.A.B. de C.V. (NYSE:CX – Get Free Report) passed above its 50 day moving average during trading on Tuesday after Royal Bank Of Canada raised their price target on the stock from $13.25 to $13.75. The stock has a 50 day moving average of $10.24 and traded as high as $10.61. Royal Bank Of Canada currently has a sector perform rating on the stock. Cemex shares last traded at $10.5650, with a volume of 8,481,693 shares changing hands.

Several other research firms have also issued reports on CX. Weiss Ratings reiterated a “hold (c-)” rating on shares of Cemex in a report on Friday, August 21st. Scotiabank raised their price target on Cemex from $14.10 to $14.50 and gave the company an “outperform” rating in a research note on Tuesday, July 14th. Citigroup upgraded Cemex from a “neutral” rating to a “buy” rating and decreased their price target for the company from $13.70 to $12.00 in a research note on Thursday, October 15th. JPMorgan Chase & Co. boosted their price target on Cemex from $14.50 to $15.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 8th. Finally, Wall Street Zen cut Cemex from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $13.91.

Check Out Our Latest Research Report on Cemex

Insider Buying and Selling

In other Cemex news, EVP Mauricio Doehner sold 927,900 shares of the business’s stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $9.57, for a total transaction of $8,880,003.00. Following the transaction, the executive vice president owned 584,930 shares of the company’s stock, valued at $5,597,780.10. The trade was a 61.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Zambrano Lozano purchased 400,800 shares of the stock in a transaction on Friday, September 25th. The shares were acquired at an average cost of $17.28 per share, for a total transaction of $6,925,824.00. Following the transaction, the director owned 10,000,000 shares of the company’s stock, valued at approximately $172,800,000. The trade was a 4.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.00% of the stock is currently owned by corporate insiders.

Key Stories Impacting Cemex

Here are the key news stories impacting Cemex this week:

Positive Sentiment: Cemex reported third-quarter earnings of $0.28 per ADS, ahead of the $0.25 consensus estimate, while revenue reached $4.59 billion versus expectations of $4.45 billion. Operating EBITDA rose 12% to $990 million, helping drive the initial positive response in the shares. Cemex earnings beat estimates
Positive Sentiment: Profit reportedly increased 55%, while operating free cash flow rose by more than $900 million year to date. The company also achieved 80% of its $475 million Project Cutting Edge savings target, supporting the case for improved cash generation and efficiency. CEMEX key takeaways
Positive Sentiment: RBC raised its price target for CX from $13.25 to $13.75, indicating continued upside potential based on the company’s earnings and cash-flow progress. RBC raises Cemex target
Neutral Sentiment: Scotiabank maintained a “sector outperform” rating but reduced its target from $14.50 to $13.80. The change still implies substantial upside, but the lower target signals more measured expectations. Scotiabank Cemex rating
Negative Sentiment: Mexico’s recovery helped offset weaker U.S. performance, but analysts note that Cemex delivered incremental rather than transformational progress. Continued U.S. weakness and investor demands for stronger execution could limit further share-price gains. Cemex incremental progress

Institutional Investors Weigh In On Cemex

A number of large investors have recently added to or reduced their stakes in the business. NFSG Corp boosted its position in Cemex by 123.5% during the first quarter. NFSG Corp now owns 2,858 shares of the construction company’s stock worth $33,000 after purchasing an additional 1,579 shares during the period. Charles Schwab Trust Co bought a new position in shares of Cemex in the second quarter valued at about $132,000. V Square Quantitative Management LLC raised its position in shares of Cemex by 12.2% in the first quarter. V Square Quantitative Management LLC now owns 14,003 shares of the construction company’s stock valued at $160,000 after purchasing an additional 1,527 shares during the period. Sax Wealth Advisors LLC raised its position in shares of Cemex by 20.7% in the third quarter. Sax Wealth Advisors LLC now owns 17,006 shares of the construction company’s stock valued at $162,000 after purchasing an additional 2,915 shares during the period. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of Cemex by 26.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 19,205 shares of the construction company’s stock worth $183,000 after buying an additional 4,000 shares during the last quarter. Institutional investors own 82.97% of the company’s stock.

Cemex Stock Performance

The business’s 50 day moving average price is $10.24 and its 200-day moving average price is $11.68.

Cemex (NYSE:CX – Get Free Report) last announced its earnings results on Sunday, October 25th. The construction company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.25 by $0.03. The company had revenue of $4.59 billion for the quarter, compared to the consensus estimate of $4.45 billion. Research analysts forecast that Cemex S.A.B. de C.V. will post 0.89 earnings per share for the current year.

Cemex Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.0312 per share. The ex-dividend date was Tuesday, September 15th. This represents a $0.12 annualized dividend and a yield of 1.2%.

About Cemex

(Get Free Report)

Cemex, SAB. de C.V. is a global building materials company headquartered in San Pedro Garza García, Mexico. The company produces and markets cement, ready-mix concrete, aggregates and related construction materials used in residential, commercial and infrastructure projects.

Cemex also provides construction solutions and services, including materials distribution, logistics and digital tools designed to support contractors, builders and other customers. Its products serve a broad range of applications, from housing and commercial development to roads, bridges, airports and other major infrastructure.

Founded in Mexico in 1906, Cemex has expanded through organic growth and acquisitions into an international business serving customers across the Americas, Europe, Africa, the Middle East and Asia.