
Commercial Metals (CMC) Stock Forecast & Price Target
Commercial Metals (CMC) Analyst Ratings
Bulls say
Commercial Metals Co is demonstrating a positive outlook driven by anticipated earnings improvements across its segments, particularly noted in the Emerging Businesses Group, which is expected to show growth both quarter-over-quarter and year-over-year. The company is also projected to benefit from stronger margins in North America during Q4/FY25, alongside a significant $28 million benefit from CO2 credits positively impacting its European results. Additionally, there is an upward revision in the Q4/FY25 EBITDA estimate following adjustments for market pricing and margins, reinforcing the financial strength of the company.
Bears say
Commercial Metals Co's revised FY25 capital expenditure guidance, now ranging from $425 million to $475 million, indicates a significant reduction from the previously expected range of $550 million to $600 million, suggesting cautious investment amid uncertainty. Additionally, the company has lowered its FY26 EBITDA estimates due to anticipated delays in the ramp-up of the Arizona 2 facility and the West Virginia project, which may hinder future revenue growth. Furthermore, increasing supply from new mills and imports is likely to exert downward pressure on pricing, further compounding the company's financial challenges.
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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