Commercial Metals Company (CMC) is gearing up to report first-quarter earnings before the market opens on Thursday, January 8, 2025, and Wall Street analysts are expecting some pretty solid numbers.
The Irving, Texas-based company is projected to deliver earnings of $1.54 per share for the quarter, which would represent a significant jump from the 78 cents per share it posted in the same period last year. On the revenue side, analysts are looking for $2.05 billion, up from $1.91 billion a year earlier.
Just ahead of the earnings release, Commercial Metals announced on January 5 that it would pay a quarterly dividend of 18 cents per share. The stock closed at $72.69 on Monday, up 1.3% for the session.
What Top-Rated Analysts Are Saying
Several analysts with strong track records have been raising their price targets and upgrading CMC in recent months. Here's what the most accurate analysts have been saying:
Wells Fargo analyst Timna Tanners, who carries a 71% accuracy rate, maintained an Overweight rating and bumped the price target from $68 to $79 on December 15, 2025.
Jefferies analyst Christopher LeFemina, also with a 71% accuracy rate, upgraded the stock from Hold to Buy and raised the price target from $70 to $78 on December 10, 2025.
JP Morgan analyst Bill Peterson upgraded Commercial Metals from Neutral to Overweight and lifted the price target from $64 to $78 on December 5, 2025. This analyst has a 57% accuracy rate.
Morgan Stanley analyst Piyush Sood, who has a 73% accuracy rate, upgraded the stock from Equal-Weight to Overweight and raised the price target from $57.50 to $68 on October 24, 2025.
Goldman Sachs analyst Mike Harris maintained a Buy rating and increased the price target from $69 to $76 on October 23, 2025. Harris also holds a 73% accuracy rate.
The wave of positive analyst sentiment suggests growing confidence in Commercial Metals as the company heads into its earnings announcement this week.
