Commercial Metals (CMC) Stock Forecast, Price Target & Predictions


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CMC Stock Forecast


Commercial Metals (CMC) stock forecast, based on 21 Wall Street analysts, predicts a 12-month average price target of $57.50, with a high of $62.00 and a low of $53.00. This represents a 35.84% increase from the last price of $42.33.

$40 $45 $50 $55 $60 $65 High: $62 Avg: $57.5 Low: $53 Last Closed Price: $42.33

CMC Stock Rating


Commercial Metals stock's rating consensus is Hold, based on 21 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (33.33%), 13 Hold (61.90%), 1 Sell (4.76%), and 0 Strong Sell (0.00%).

Hold
Total 21 1 13 7 0 Strong Sell Sell Hold Buy Strong Buy

CMC Price Target Upside V Benchmarks


TypeNameUpside
StockCommercial Metals35.84%
SectorBasic Materials Stocks 21.09%
IndustrySteel Stocks List32.57%

Price Target Trends


1M3M12M
# Anlaysts-13
Avg Price Target-$53.00$59.00
Last Closing Price$42.33$42.33$42.33
Upside/Downside-25.21%39.38%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25128--11
Mar, 25128--11
Feb, 25128--11
Jan, 252281-13
Dec, 242351-11
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 07, 2025Morgan Stanley$53.00$45.8615.57%25.21%
Oct 18, 2024Katja JancicBMO Capital$62.00$56.419.91%46.47%
Oct 09, 2024Tinma TannersWolfe Research$62.00$52.6017.87%46.47%
Mar 22, 2024Katja JancicBMO Capital$60.00$57.873.68%41.74%
Jan 08, 2024Alexander HackingCitigroup$48.00$48.22-0.46%13.39%
Oct 18, 2022Mark Hughes AnalystTruist Financial$67.00$42.5257.57%58.28%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Jan 10, 2025UBSNeutralupgrade
Jan 03, 2025Exane BNP ParibasNeutraldowngrade
Oct 18, 2024BMO CapitalMarket PerformMarket Performhold
Oct 09, 2024Wolfe ResearchPeer Performdowngrade
Sep 03, 2024JefferiesBuyinitialise
Jun 21, 2024Bank of America SecuritiesBuyBuyhold
Jun 20, 2024CitigroupNeutralNeutralhold
Jan 08, 2024Goldman SachsNeutralNeutralhold
Apr 05, 2023Bank of America SecuritiesBuyupgrade
Oct 18, 2022Truist FinancialBuyBuyhold

Financial Forecast


EPS Forecast

$2 $3 $4 $5 $6 $7 $8 $9 $10 $11 Aug 20 Aug 21 Aug 22 Aug 23 Aug 24 Aug 25 Aug 26 Aug 27
Aug 20Aug 21Aug 22Aug 23Aug 24Aug 25Aug 26Aug 27
Reported$2.33$3.43$10.09$7.34$4.19---
Avg Forecast$2.40$3.55$5.26$7.52$4.31$3.18$4.42$4.34
High Forecast$2.52$3.73$6.30$7.85$4.50$3.67$4.73$4.57
Low Forecast$2.31$3.41$4.21$7.17$4.11$2.74$4.05$4.10
Surprise %-2.92%-3.38%91.83%-2.39%-2.78%---

Revenue Forecast

$5B $6B $7B $9B $10B $11B Aug 20 Aug 21 Aug 22 Aug 23 Aug 24 Aug 25 Aug 26 Aug 27
Aug 20Aug 21Aug 22Aug 23Aug 24Aug 25Aug 26Aug 27
Reported$5.48B$6.73B$8.91B$8.80B$7.93B---
Avg Forecast$5.43B$6.70B$8.95B$8.75B$7.92B$7.68B$8.34B$8.72B
High Forecast$5.65B$6.96B$10.75B$8.83B$7.93B$7.76B$8.36B$8.73B
Low Forecast$5.27B$6.50B$7.16B$8.66B$7.65B$7.61B$8.33B$8.72B
Surprise %0.76%0.38%-0.45%0.62%0.05%---

Net Income Forecast

$0 $300M $600M $900M $1B $2B Aug 20 Aug 21 Aug 22 Aug 23 Aug 24 Aug 25 Aug 26 Aug 27
Aug 20Aug 21Aug 22Aug 23Aug 24Aug 25Aug 26Aug 27
Reported$279.50M$412.87M$1.22B$859.76M$485.49M---
Avg Forecast$205.34M$477.99M$914.67M$774.26M$504.56M$375.25M$506.91M$526.32M
High Forecast$246.41M$573.58M$1.10B$929.11M$527.37M$430.06M$554.10M$535.68M
Low Forecast$164.27M$382.39M$731.73M$619.41M$481.76M$320.44M$474.63M$480.10M
Surprise %36.12%-13.62%33.08%11.04%-3.78%---

CMC Forecast FAQ


Is Commercial Metals stock a buy?

Commercial Metals stock has a consensus rating of Hold, based on 21 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 7 Buy, 13 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Commercial Metals is a neutral investment for most analysts.

What is Commercial Metals's price target?

Commercial Metals's price target, set by 21 Wall Street analysts, averages $57.5 over the next 12 months. The price target range spans from $53 at the low end to $62 at the high end, suggesting a potential 35.84% change from the previous closing price of $42.33.

How does Commercial Metals stock forecast compare to its benchmarks?

Commercial Metals's stock forecast shows a 35.84% upside, outperforming the average forecast for the basic materials stocks sector (21.09%) and outperforming the steel stocks list industry (32.57%).

What is the breakdown of analyst ratings for Commercial Metals over the past three months?

  • April 2025: 9.09% Strong Buy, 18.18% Buy, 72.73% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 9.09% Strong Buy, 18.18% Buy, 72.73% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 9.09% Strong Buy, 18.18% Buy, 72.73% Hold, 0% Sell, 0% Strong Sell.

What is Commercial Metals’s EPS forecast?

Commercial Metals's average annual EPS forecast for its fiscal year ending in August 2025 is $3.18, marking a -24.11% decrease from the reported $4.19 in 2024. Estimates for the following years are $4.42 in 2026, and $4.34 in 2027.

What is Commercial Metals’s revenue forecast?

Commercial Metals's average annual revenue forecast for its fiscal year ending in August 2025 is $7.68B, reflecting a -3.06% decrease from the reported $7.93B in 2024. The forecast for 2026 is $8.34B, and $8.72B for 2027.

What is Commercial Metals’s net income forecast?

Commercial Metals's net income forecast for the fiscal year ending in August 2025 stands at $375.25M, representing a -22.71% decrease from the reported $485.49M in 2024. Projections indicate $506.91M in 2026, and $526.32M in 2027.