Rating Change
JP Morgan reiterated its Overweight rating on Commercial Metals Company (NYSE:CMC) on October 09, 2026.
reiterateNYSE:CMC
JP Morgan Reiterates Overweight Rating on Commercial Metals Company (CMC)
JP Morgan reiterated its Overweight rating on Commercial Metals Company (NYSE:CMC) on October 09, 2026.
At publication ·
What changed
Commercial Metals Company (NYSE:CMC) · reiterate
- Firm
- JP Morgan
- Rating
- Overweight to Overweight
- Price at event
- $63.89
- Market capitalization
- $7.9B
At a glance
Key takeaways
- JP Morgan reiterated an Overweight rating on Commercial Metals Company (CMC) on October 9, 2026, indicating positive analyst sentiment.
Market Context
Commercial Metals Company operates in the Basic Materials sector. The stock currently trades at $63.89 with a market capitalization of $7.9B. The stock has gained 8.3% over the past 52 weeks.
Analyst coverage from JP Morgan provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Commercial Metals Company.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Commercial Metals Company
Among the 10 most recent ratings: 5 Buy, 5 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 09, 2026 | JP Morgan | Overweight | N/A |
| Oct 06, 2026 | Wells Fargo | Equal-Weight | N/A |
| Sep 09, 2026 | JP Morgan | Overweight | N/A |
| Aug 07, 2026 | Barclays | Equal-Weight | N/A |
| Aug 06, 2026 | BMO Capital | Market Perform | N/A |
Related Tools: Analyst Ratings Dashboard | View CMC Stock Page
Frequently Asked Questions
What does the Overweight rating mean for CMC?
A rating of Overweight from JP Morgan reflects the analyst's outlook on Commercial Metals Company (NYSE:CMC). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the CMC forecast page.