CMC Stock Update: Analyst Consensus Turns Bullish Ahead of Q1 Earnings Release

LiquidationKing · 2026-01-15T13:53:31+00:00

Commercial Metals Co (CMC) is gaining analyst attention ahead of its January 8 earnings report, with positive upgrades and expectations of strong earnings and revenue growth. This optimism, reflected in rising share prices and dividends, suggests that CMC is well-positioned for future success.

LiquidationKing

2026-01-15 13:53:31

Abstract generation in progress

Strong Analyst Support Drives CMC Momentum

Commercial Metals Co (NYSE: CMC) is drawing increased attention from major financial institutions as the company prepares to report first-quarter earnings on January 8, 2025, before market open. The shift in analyst sentiment has been particularly notable, with five major firms recently adjusting their outlooks on the Irving, Texas-based metals company.

Recent upgrades and reaffirmations from top-tier analysts paint an optimistic picture. Timna Tanners at Wells Fargo reaffirmed an Overweight stance while raising the price target to $79 from $68 in mid-December (71% accuracy track record). Christopher LeFemina of Jefferies made a more aggressive move, upgrading from Hold to Buy and lifting the target to $78 from $70. Bill Peterson at JP Morgan similarly upgraded the rating to Overweight with a target of $78, up from the previous $64 mark. Morgan Stanley’s Piyush Sood moved from Equal-Weight to Overweight with a $68 price target, while Goldman Sachs’ Mike Harris maintained a Buy rating and increased the target to $76.

Earnings Expectations and Market Performance

CMC is anticipated to report earnings per share of $1.54 for the first quarter—nearly double the $0.78 EPS from the prior year period. Revenue projections suggest the company will reach $2.05 billion, representing growth from the $1.91 billion reported a year earlier. This projected performance has contributed to positive momentum in the stock.

The market has already responded favorably, with CMC shares trading at $74.47 recently, up 2.45% from previous levels. Earlier trading showed the stock at $72.69, reflecting steady investor confidence. The company also announced a quarterly dividend of $0.18 per share on January 5, 2025, further supporting shareholder value.

What This Means for Investors

The convergence of strong analyst coverage, positive earnings expectations, and consistent dividend support suggests Commercial Metals remains well-positioned in its sector. The CMC update from major financial institutions reflects confidence in both near-term results and the company’s trajectory. With multiple price targets clustering around the $76-$79 range, analysts appear aligned on the upside potential from current trading levels.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.