Commercial Metals Company Forecasts $2 Billion Revenue for Q1 FY2026
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
- Revenue Expectations: Commercial Metals Company anticipates first-quarter fiscal 2026 revenues of $2 billion, reflecting a 4.6% year-over-year decline, which indicates the impact of economic slowdown on demand despite expected earnings growth.
- Earnings Forecast: The Zacks consensus estimates earnings at $1.55 per share, representing a 98.7% year-over-year increase, showcasing the company's improved profitability amid recovering demand in the North American market.
- Market Performance: CMC shares have risen 56.1% over the past year, outperforming the industry average growth of 54.5%, indicating the company's strong relative performance in the competitive basic materials sector.
- Acquisition Strategy: The recent acquisitions of Concrete Pipe & Precast and Foley Products are expected to yield annual run-rate synergies of $25-$30 million by year three, further solidifying its market position in the Southeastern U.S.
Analyst Views on CMC
Wall Street analysts forecast CMC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CMC is 78.26 USD with a low forecast of 62.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 76.120
Low
62.00
Averages
78.26
High
85.00
Current: 76.120
Low
62.00
Averages
78.26
High
85.00
About CMC
Commercial Metals Company is engaged in offering products and technologies to meet the critical reinforcement needs of the global construction sector. The Company’s solutions support construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation, and transmission. Its segments include North America Steel Group, Europe Steel Group and the Emerging Businesses Group. The North America Steel Group segment provides a diverse offering of products and solutions to support the construction sector. The Europe Steel Group segment is composed of a vertically integrated network of recycling facilities, an EAF mini mill and fabrication operations located in Poland. The Emerging Businesses Group segment's portfolio consists of its construction services products, Tensar products and solutions and its impact metals, and performance reinforcing steel products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
