
Commercial Metals (CMC) Stock Forecast & Price Target
Commercial Metals (CMC) Analyst Ratings
Bulls say
Commercial Metals Co. is expected to see improvements in earnings for the Emerging Business Group both sequentially and year-over-year, reflecting strong growth potential in this segment. Additionally, earnings in Q4/FY25 are projected to benefit from enhanced margins in North America and a $28 million contribution from CO2 credits in Europe, indicating positive developments across geographical operations. Furthermore, the company's increase in Q4/FY25 EBITDA estimates underscores favorable market conditions and financial performance enhancements, supporting an optimistic outlook for the business.
Bears say
The outlook for Commercial Metals Co's stock is negatively influenced by a significantly reduced FY25 capital expenditure forecast, which has been lowered to a range of $425-475 million from a previous estimate of $550-600 million. Additionally, the anticipated delay in the ramp-up of the Arizona 2 facility and the expected postponement of the West Virginia project have led to a downward revision of the FY26 EBITDA estimate. Lastly, increased supply from new mills and potential import pressures could further exacerbate pricing challenges in the steel market.
This aggregate rating is based on analysts' research of Commercial Metals and is not a guaranteed prediction by Public.com or investment advice.
Commercial Metals (CMC) Analyst Forecast & Price Prediction
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