
Commercial Metals (CMC) Stock Forecast & Price Target
Commercial Metals (CMC) Analyst Ratings
Bulls say
Commercial Metals Co is poised for improved financial performance in Q4/FY25, with expectations for enhanced earnings across all segments, particularly due to better margins in North America and the anticipated benefits from CO2 credits in Europe amounting to $28 million. The Emerging Business Group is expected to demonstrate significant growth both sequentially and year-over-year, further contributing to the overall positive outlook. Additionally, the company's Q4/FY25 EBITDA estimate has been increased, reflecting optimistic projections based on marked-to-market prices and improved margins.
Bears say
Commercial Metals Co has indicated a reduction in its fiscal year 2025 capital expenditure guidance to $425-475 million, down from the previous estimate of $550-600 million, suggesting a conservative approach to investment in capacity and growth. Additionally, there is an anticipated decrease in the fiscal year 2026 EBITDA estimate, attributed to the slower ramp-up of the Arizona 2 facility and delays in the West Virginia project, which may hinder potential revenue growth. Furthermore, the potential for increased supply from new mills or imports raises concerns about pricing pressure, which could negatively impact profit margins in a competitive 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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