# CEMEX, S.A.B. de C.V. (CX)

> Source: Nexqual · https://nexqual.com/CX · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, CEMEX, S.A.B. de C.V. (CX), nexqual.com/CX" · informational, not investment advice.

**Price:** USD 10.11 (-2.69% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 10.39 · day 10.05–10.34 · 52w 9.13–13.67 · market cap $14.6B · NYQ

## Key facts
- 2 of 80 tracked superinvestors hold CX (13F, Q2 2026): 0 new, 0 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 1.73 on a 1–5 scale) (15 analysts), mean target USD 14.68 (range 11–20).
- Total return with dividends: 1Y +9.2% vs S&P 500 +14.9%; 5Y +54.4% vs S&P 500 +80.3%.
- Next earnings: 2026-10-26, EPS estimate USD 0.21, revenue estimate $4.40B.

## Superinvestors (SEC 13F-HR, Q2 2026)
2 of 80 tracked investors hold CX. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Dodge & Cox Funds | Dodge & Cox | 0.50% | $962M | Reduced -5.9% |
| Howard Marks | Oaktree Capital | 0.03% | $1.2M | Reduced -96.4% |

## Analysts
Consensus Buy (mean 1.73 on a 1–5 scale), 15 analysts; mean target USD 14.68 (low 11, high 20).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Citigroup | Upgrade | Neutral → Buy | $13.7 → $12 |
| 2026-10-09 | RBC Capital | Target lowered | Sector Perform | $13.5 → $13.25 |
| 2026-07-24 | RBC Capital | Target raised | Sector Perform | $12.75 → $13.5 |
| 2026-07-24 | Barclays | Target raised | Overweight | $15 → $16 |
| 2026-07-14 | Scotiabank | Target raised | Sector Outperform | $14.1 → $14.5 |
| 2026-07-08 | JP Morgan | Target raised | Overweight | $14.5 → $15 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +9.2% | +54.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +9.2% | +9.1% |
| Volatility (annualized) | 37.3% | 40.3% |
| Max drawdown | -30.3% (May 2026→Oct 2026) | -53.1% (Jan 2022→Oct 2022) |

## Peers (Building Materials)
JHX (James Hardie Industries plc.) USD 26.54 +0.91% · AMRZ (Amrize Ltd) USD 39.44 +1.65% · VMC (Vulcan Materials Company (Holdi) USD 268.72 +1.54% · MLM (Martin Marietta Materials, Inc.) USD 517.67 +1.70% · EXP (Eagle Materials Inc) USD 178.74 +3.09% · CRH (CRH PLC) USD 86.43 +0.46%

## More
Full page: https://nexqual.com/CX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in CX's own 20-F filed 2026-04-24 (https://www.sec.gov/Archives/edgar/data/1076378/000119312526177605/d120395d20f.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Couch Aggregates | "Additionally, in the United States, we entered into and then increased our stake to a majority in a joint venture agreement with sand and gravel supplier, Couch, and marine bulk product distributor, Premier Holdings, as …" |
| Partner | IBM (IBM) | "On July 27, 2012, we entered into a Master Professional Services Agreement with IBM (the "IBM 2012 MPSA")." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.21 | $0.00 | — | $4.40B | 1 |
| Next quarter (ends 2026-12-31) | $0.17 | $0.00 | — | $4.32B | 1 |
| Current fiscal year (ends 2026-12-31) | $0.82 | $0.81 | +0.8% | $17.40B | 3 |
| Next fiscal year (ends 2027-12-31) | $0.91 | $0.90 | +0.3% | $18.10B | 4 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-10-26): ±8.9%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 39.3% | ±8.9% |
| 2027-01-15 | 84 | 39.0% | ±14.8% |
| 2027-04-16 | 175 | 48.2% | ±26.0% |