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Steel Dynamics (STLD) Stock Forecast, Price Target & Predictions

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STLD Stock Forecast

Steel Dynamics (STLD) stock forecast, based on 25 Wall Street analysts, predicts a 12-month average price target of $160.00, with a high of $160.00 and a low of $160.00. This represents a 36.51% increase from the last price of $117.21.

$110 $120 $130 $140 $150 $160 High: $160 Avg: $160 Low: $160 Last Closed Price: $117.21

STLD Stock Rating

Steel Dynamics stock's rating consensus is Buy, based on 25 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 17 Buy (68.00%), 8 Hold (32.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 25 8 17 0 Strong Sell Sell Hold Buy Strong Buy

STLD Price Target Upside V Benchmarks

TypeNameUpside
StockSteel Dynamics36.51%
SectorBasic Materials Stocks 21.24%
IndustrySteel Stocks List34.87%

Price Target Trends

1M3M12M
# Anlaysts--11
Avg Price Target--$138.82
Last Closing Price$117.21$117.21$117.21
Upside/Downside--18.44%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25365--14
Mar, 25158--14
Feb, 251581-15
Jan, 2515101-17
Dec, 24-4101-15
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 17, 2024Alexander HackingCitigroup$160.00$129.8623.21%36.51%
Oct 10, 2024Katja JancicBMO Capital$130.00$130.18-0.14%10.91%
Oct 01, 2024Lawson WinderBank of America Securities$155.00$129.4119.77%32.24%
Sep 17, 2024Katja JancicBMO Capital$127.00$115.1210.32%8.35%
Sep 17, 2024Lawson WinderBank of America Securities$140.00$115.1621.57%19.44%
Sep 03, 2024Andrew JonesUBS$145.00$114.2826.88%23.71%
Aug 15, 2024Carlos De AlbaMorgan Stanley$138.00$115.0519.95%17.74%
Jun 18, 2024Katja JancicBMO Capital$135.00$127.286.07%15.18%
Jun 17, 2024Timna TannersWolfe Research$112.00$126.55-11.50%-4.45%
Jun 17, 2024Christopher LaFeminaJefferies$135.00$121.8110.83%15.18%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Mar 24, 2025UBSBuyBuyupgrade
Mar 07, 2025Morgan StanleyEqual-WeightOverweightupgrade
Jan 03, 2025Exane BNP ParibasOutperformupgrade
Dec 19, 2024CitigroupBuyBuyhold
Oct 18, 2024Seaport GlobalBuyBuyhold
Oct 17, 2024CitigroupBuyBuyhold
Oct 10, 2024BMO CapitalMarket PerformMarket Performhold
Oct 01, 2024Bank of America SecuritiesNeutralBuyupgrade
Sep 17, 2024BMO CapitalMarket PerformMarket Performhold
Sep 17, 2024Bank of America SecuritiesNeutralNeutralhold

Financial Forecast

EPS Forecast

$0 $5 $10 $15 $20 $25 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$2.61$15.67$21.06$14.72$9.89-----
Avg Forecast$2.58$16.03$21.43$14.79$9.76$8.70$11.93$14.92$17.38$17.75
High Forecast$2.76$17.19$23.05$16.24$9.99$11.40$13.28$16.93$19.07$19.48
Low Forecast$2.40$14.93$19.71$13.36$9.60$5.97$10.44$13.18$15.69$16.02
Surprise %1.16%-2.25%-1.73%-0.47%1.33%-----

Revenue Forecast

$5B $9B $13B $17B $21B $25B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$9.60B$18.41B$22.26B$18.80B$17.54B-----
Avg Forecast$9.56B$18.31B$22.12B$18.78B$17.62B$17.77B$19.39B$21.56B$22.70B$22.87B
High Forecast$10.09B$19.33B$23.40B$18.87B$17.83B$18.87B$21.19B$22.12B$24.40B$24.58B
Low Forecast$9.05B$17.34B$20.75B$18.67B$17.51B$16.82B$18.30B$21.00B$21.00B$21.16B
Surprise %0.48%0.52%0.64%0.07%-0.47%-----

Net Income Forecast

$0 $1B $2B $3B $4B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28 Dec 29
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28Dec 29
Reported$550.82M$3.21B$3.86B$2.45B$1.54B-----
Avg Forecast$460.71M$3.11B$4.03B$2.45B$1.54B$1.41B$1.90B$2.36B$2.70B$2.76B
High Forecast$552.85M$3.73B$4.84B$2.94B$1.55B$1.77B$2.06B$2.63B$2.96B$3.03B
Low Forecast$368.57M$2.49B$3.22B$1.96B$1.49B$928.26M$1.62B$2.05B$2.44B$2.49B
Surprise %19.56%3.28%-4.16%-------

STLD Forecast FAQ

Is Steel Dynamics stock a buy?

Steel Dynamics stock has a consensus rating of Buy, based on 25 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 17 Buy, 8 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Steel Dynamics is a favorable investment for most analysts.

What is Steel Dynamics's price target?

Steel Dynamics's price target, set by 25 Wall Street analysts, averages $160 over the next 12 months. The price target range spans from $160 at the low end to $160 at the high end, suggesting a potential 36.51% change from the previous closing price of $117.21.

How does Steel Dynamics stock forecast compare to its benchmarks?

Steel Dynamics's stock forecast shows a 36.51% upside, outperforming the average forecast for the basic materials stocks sector (21.24%) and outperforming the steel stocks list industry (34.87%).

What is the breakdown of analyst ratings for Steel Dynamics over the past three months?

  • April 2025: 21.43% Strong Buy, 42.86% Buy, 35.71% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 7.14% Strong Buy, 35.71% Buy, 57.14% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 6.67% Strong Buy, 33.33% Buy, 53.33% Hold, 6.67% Sell, 0% Strong Sell.

What is Steel Dynamics’s EPS forecast?

Steel Dynamics's average annual EPS forecast for its fiscal year ending in December 2025 is $8.7, marking a -12.03% decrease from the reported $9.89 in 2024. Estimates for the following years are $11.93 in 2026, $14.92 in 2027, $17.38 in 2028, and $17.75 in 2029.

What is Steel Dynamics’s revenue forecast?

Steel Dynamics's average annual revenue forecast for its fiscal year ending in December 2025 is $17.77B, reflecting a 1.32% increase from the reported $17.54B in 2024. The forecast for 2026 is $19.39B, followed by $21.56B for 2027, $22.7B for 2028, and $22.87B for 2029.

What is Steel Dynamics’s net income forecast?

Steel Dynamics's net income forecast for the fiscal year ending in December 2025 stands at $1.41B, representing a -8.33% decrease from the reported $1.54B in 2024. Projections indicate $1.9B in 2026, $2.36B in 2027, $2.7B in 2028, and $2.76B in 2029.