Commercial Metals Completes Acquisition of Foley Products

Commercial Metals Company ( (CMC) ) has issued an update.

On December 15, 2025, Commercial Metals Company completed the acquisition of Foley Products Company for $1.84 billion. Foley is a leading supplier of precast concrete and pipe products in the Southeast, Central, and Western U.S., with 18 facilities across nine states. This acquisition, along with the previous acquisition of CP&P, positions CMC as one of the largest precast concrete businesses in the U.S., creating a significant growth platform and value opportunities for customers and shareholders.

The most recent analyst rating on (CMC) stock is a Buy with a $79.00 price target. To see the full list of analyst forecasts on Commercial Metals Company stock, see the CMC Stock Forecast page.

Spark’s Take on CMC Stock

According to Spark, TipRanks’ AI Analyst, CMC is a Outperform.

Commercial Metals Company has a solid overall stock score driven by positive earnings call sentiment and strategic acquisitions that enhance market position. However, financial performance challenges and high valuation metrics weigh on the score. Technical indicators suggest bullish momentum, but caution is advised due to potential overvaluation.

To see Spark’s full report on CMC stock, click here.

More about Commercial Metals Company

Commercial Metals Company (CMC) is an innovative solutions provider in the construction sector, offering products and technologies to support critical reinforcement needs across various applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission. The company operates an extensive manufacturing network primarily in the United States and Central Europe.

Average Trading Volume: 1,168,054

Technical Sentiment Signal: Buy

Current Market Cap: $7.84B

See more insights into CMC stock on TipRanks’ Stock Analysis page.