BlueScope Steel Limited (ASX:BSL)
31.71
-0.79 (-2.43%)
Jul 17, 2026, 4:10 PM AEST
BlueScope Steel Stock Forecast
Stock Price Forecast
According to 12 analysts polled by S&P Global, BlueScope Steel stock has a consensus rating of "Buy" and an average price target of $34.12. The average 1-year stock price forecast is 7.60% higher than the current stock price, while the lowest is $26.00 (-18.01%) and the highest is $37.70 (+18.89%).
Price Target: $34.12 (+7.60%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for BlueScope Steel stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 11 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Buy Initiates $37.70 | Buy | Initiates | $37.70 | +18.89% | Jul 6, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $35.25 → $38.25 | Buy | Maintains | $35.25 → $38.25 | +20.62% | Jun 27, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $29.00 → $32.35 | Hold | Maintains | $29.00 → $32.35 | +2.02% | Jun 25, 2026 |
| Jefferies | Jefferies | Buy Maintains $36.00 | Buy | Maintains | $36.00 | +13.53% | Jun 2, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Buy Maintains $35.95 | Buy | Maintains | $35.95 | +13.37% | Jun 1, 2026 |
Financial Forecast
Revenue This Year
16.57B
from 16.29B
Increased by 1.68%
Revenue Next Year
17.25B
from 16.57B
Increased by 4.12%
EPS This Year
1.94
from 0.96
Increased by 102.12%
EPS Next Year
2.35
from 1.94
Increased by 21.31%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.