J.P. Morgan Reaffirms Their Buy Rating on Commercial Metals Company (CMC)

J.P. Morgan analyst Bill Peterson maintained a Buy rating on Commercial Metals Company yesterday and set a price target of $83.00.

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According to TipRanks, Peterson is a 3-star analyst with an average return of 2.8% and a 46.72% success rate. Peterson covers the Basic Materials sector, focusing on stocks such as Nucor, Steel Dynamics, and MP Materials.

In addition to J.P. Morgan, Commercial Metals Company also received a Buy from Wells Fargo’s Timna Tanners in a report issued on March 27. However, on March 30, KeyBanc maintained a Hold rating on Commercial Metals Company (NYSE: CMC).

Based on Commercial Metals Company’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $2.13 billion and a net profit of $93.03 million. In comparison, last year the company earned a revenue of $1.75 billion and had a net profit of $25.47 million

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2026, JENNIFER J DURBIN, the Fmr. Chief HR & Comm. Officer of CMC sold 25,050.00 shares for a total of $2,003,248.50.