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NYSE: CMC
Commercial Metals Co Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CMC

Based on 3 analysts offering 12 month price targets for Commercial Metals Co.
Min Forecast
$48.00-13.92%
Avg Forecast
$57.67+3.42%
Max Forecast
$65.00+16.57%

Should I buy or sell CMC stock?

Based on 3 analysts offering ratings for Commercial Metals Co.
Buy
Strong Buy
1 analysts 33.33%
Buy
0 analysts 0%
Hold
2 analysts 66.67%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CMC stock forecasts and price targets.

CMC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2024-01-16
lockedlocked$00.00+00.00%2023-10-16

1 of 1

Forecast return on equity

Is CMC forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.28%

Forecast return on assets

Is CMC forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

CMC revenue forecast

What is CMC's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$7.9B-5.62%
Avg 2 year Forecast
$8.0B-4.83%
Avg 3 year Forecast
$8.0B-4.41%
CMC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CMC earnings growth forecast

How is CMC forecast to perform vs Steel companies and vs the US market?
Company
-7.67%
Industry
33.35%
Market
28.62%
CMC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CMC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CMC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CMC revenue growth forecast

How is CMC forecast to perform vs Steel companies and vs the US market?
Company
-2.51%
Industry
-3.31%
Market
9.42%
CMC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CMC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CMC vs Steel Stocks

TickerPricePrice TargetUp/downsideConsensus
CMC$55.76$57.67+3.42%Buy
SIM$33.00N/AN/A
GGB$4.46$5.55+24.44%Buy
X$40.82$49.33+20.85%Hold
SID$2.79$2.95+5.73%Sell
View Top Steel Stocks

Commercial Metals Co Stock Forecast FAQ

Is Commercial Metals Co Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: CMC) stock is to Buy CMC stock.

Out of 3 analysts, 1 (33.33%) are recommending CMC as a Strong Buy, 0 (0%) are recommending CMC as a Buy, 2 (66.67%) are recommending CMC as a Hold, 0 (0%) are recommending CMC as a Sell, and 0 (0%) are recommending CMC as a Strong Sell.

If you're new to stock investing, here's how to buy Commercial Metals Co stock.

What is CMC's revenue growth forecast for 2024-2026?

(NYSE: CMC) Commercial Metals Co's forecast annual revenue growth rate of -2.51% is forecast to beat the US Steel industry's average forecast revenue growth rate of -3.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.42%.

Commercial Metals Co's revenue in 2024 is $8,405,555,000.On average, 1 Wall Street analysts forecast CMC's revenue for 2024 to be $917,942,799,576, with the lowest CMC revenue forecast at $917,942,799,576, and the highest CMC revenue forecast at $917,942,799,576. On average, 1 Wall Street analysts forecast CMC's revenue for 2025 to be $925,587,646,362, with the lowest CMC revenue forecast at $925,587,646,362, and the highest CMC revenue forecast at $925,587,646,362.

In 2026, CMC is forecast to generate $929,669,834,869 in revenue, with the lowest revenue forecast at $929,669,834,869 and the highest revenue forecast at $929,669,834,869.

What is CMC's forecast return on assets (ROA) for 2024-2026?

(NYSE: CMC) forecast ROA is N/A, which is lower than the forecast US Steel industry average of N/A.

What is CMC's Price Target?

According to 3 Wall Street analysts that have issued a 1 year CMC price target, the average CMC price target is $57.67, with the highest CMC stock price forecast at $65.00 and the lowest CMC stock price forecast at $48.00.

On average, Wall Street analysts predict that Commercial Metals Co's share price could reach $57.67 by Mar 22, 2025. The average Commercial Metals Co stock price prediction forecasts a potential upside of 3.42% from the current CMC share price of $55.76.

What is CMC's forecast return on equity (ROE) for 2024-2026?

(NYSE: CMC) forecast ROE is N/A, which is considered weak.
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