Analysts expect the Irving, Texas-based company to report quarterly earnings of $1.98 per share, up from $1.37 per share in the year-ago period. The consensus estimate for CMC’s quarterly revenue is $2.56 billion. It reported $2.11 billion last year, according to Benzinga Pro.
On Aug. 5, CMC raised its share repurchase program by $600 million.
Commercial Metals shares rose 1% to close at $62.72 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Cantor Fitzgerald analyst Dave Rochester maintained the stock with a Neutral rating and raised the price target from $30 to $31 on Aug. 19, 2026. This analyst has an accuracy rate of 59%.
Citigroup analyst Benjamin Gerlinger maintained the stock with a Neutral rating and increased the price target from $29 to $32 on July 21, 2026. This analyst has an accuracy rate of 51%.
Piper Sandler analyst Stephen Scouten maintained the stock with an Overweight rating and increased the price target from $33 to $36 on July 17, 2026. This analyst has an accuracy rate of 74%.
Stephens & Co. analyst Matt Olney maintained an Overweight rating and raised the price target from $32 to $35 on July 17, 2026. This analyst has an accuracy rate of 69%.
Keefe, Bruyette & Woods analyst Christopher Mcgratty maintained the stock with a Market Perform rating and boosted the price target from $30 to $32 on July 17, 2026. This analyst has an accuracy rate of 65%.
Considering buying CMC stock? Here’s what analysts think:
Photo via Shutterstock
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.