BlueScope Steel Limited (ASX:BSL)
32.41
+0.48 (1.50%)
Nov 10, 2026, 4:11 PM AEDT
BlueScope Steel Stock Forecast
Stock Price Forecast
According to 13 analysts polled by S&P Global, BlueScope Steel stock has a consensus rating of "Buy" and an average price target of $36.30. The average 1-year stock price forecast is 12.00% higher than the current stock price, while the lowest is $26.00 (-19.78%) and the highest is $40.00 (+23.42%).
Price Target: $36.30 (+12.00%)
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 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 | Nov '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 5 | 4 | 4 | 6 | 6 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 4 | 5 | 5 | 5 | 3 | 3 |
| Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $34.00 → $35.00 | Hold | Maintains | $34.00 → $35.00 | +7.99% | Oct 29, 2026 |
| Jarden | Jarden | Hold Maintains $32.70 → $32.60 | Hold | Maintains | $32.70 → $32.60 | +0.59% | Oct 27, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Hold Maintains $34.35 → $34.50 | Hold | Maintains | $34.35 → $34.50 | +6.45% | Oct 26, 2026 |
Justin Raja UBS | UBS | Buy Maintains $37.50 → $38.50 | Buy | Maintains | $37.50 → $38.50 | +18.79% | Oct 26, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $38.00 → $39.00 | Buy | Maintains | $38.00 → $39.00 | +20.33% | Oct 26, 2026 |
Financial Forecast
Revenue This Year
18.36B
from 16.66B
Increased by 10.16%
Revenue Next Year
18.10B
from 18.36B
Decreased by -1.42%
EPS This Year
3.31
from 1.94
Increased by 70.40%
EPS Next Year
2.80
from 3.31
Decreased by -15.28%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.