J.P. Morgan Remains a Buy on Commercial Metals Company (CMC)
In a report released on January 18, Bill Peterson from J.P. Morgan maintained a Buy rating on Commercial Metals Company, with a price target of $85.00.
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According to TipRanks, Peterson is a 4-star analyst with an average return of 4.1% and a 51.56% success rate. Peterson covers the Basic Materials sector, focusing on stocks such as Alcoa, Steel Dynamics, and Nucor.
In addition to J.P. Morgan, Commercial Metals Company also received a Buy from TipRanks – DeepSeek’s DeepSeek Steel in a report issued on January 16. 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 November 30, the company reported a quarterly revenue of $2.12 billion and a net profit of $177.28 million. In comparison, last year the company earned a revenue of $1.91 billion and had a GAAP net loss of $175.72 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.
Read More on CMC:
Disclaimer & DisclosureReport an Issue
- Commercial Metals shareholders back board, auditors and pay
- Commercial Metals price target raised to $85 from $65 at Citi
- Commercial Metals price target raised to $85 from $68 at Morgan Stanley
- Commercial Metals Company: Strong North American Performance and Precast Expansion Support Buy Rating
- Commercial Metals Posts Powerful Earnings Turnaround and Expansion
