Morgan Stanley Keeps Their Buy Rating on Commercial Metals Company (CMC)

In a report released today, Carlos De Alba from Morgan Stanley maintained a Buy rating on Commercial Metals Company, with a price target of $85.00.

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According to TipRanks, De Alba is a 5-star analyst with an average return of 17.9% and a 58.92% success rate. De Alba covers the Basic Materials sector, focusing on stocks such as Cleveland-Cliffs, Nucor, and Steel Dynamics.

In addition to Morgan Stanley, Commercial Metals Company also received a Buy from Jefferies’s Chris LaFemina in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Commercial Metals Company (NYSE: CMC).

Based on Commercial Metals Company’s latest earnings release for the quarter ending August 31, the company reported a quarterly revenue of $2.11 billion and a net profit of $151.78 million. In comparison, last year the company earned a revenue of $2 billion and had a net profit of $103.93 million

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is neutral on the stock. Most recently, in November 2025, Brian N. Halloran, the SVP, N. America Steel Group of CMC sold 6,232.00 shares for a total of $373,109.84.