CEMEX, S.A.B. de C.V. (NYSE:CX) is one of the best Mexican stocks to invest in. On November 18, Goldman Sachs’ Jorel Guilloty reaffirmed his Buy rating on CEMEX, S.A.B. de C.V. (NYSE:CX) with an $11.50 price target.
The analyst action followed CEMEX’s Q3 2025 results, which came out the same day. During the quarter, CEMEX managed $4.25 billion in consolidated net sales, a 2% rise from Q3 2024. Also, this marked the first quarterly net sales growth since Q1 2024, which management stated was supported by improving regional dynamics in EMEA, South/Central America & the Caribbean, and by positive trends in Mexico and the US. But the star of the quarter was consolidated EBITDA, which jumped by 19% year over year to reach $882 million. The EBITDA margin expanded by 2.5% year-over-year, to 20.8%, which is the best third-quarter margin achieved since 2020.
In its outlook, CEMEX maintained flat EBITDA guidance for full-year 2025, aiming for free cash flow conversion rates of 45% in 2026 and 50% by 2027. Management cited expected demand growth in Mexico (2.5–3% in 2026) and potential price increases for Europe and the US to offset inflation.
CEMEX, S.A.B. de C.V. is a leading global building materials company headquartered in Monterrey, Mexico. It specializes in cement, ready-mix concrete, and aggregates.
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This article is originally published at Insider Monkey.
