BlueScope Steel Limited (ASX:BSL)
Australia flag Australia · Delayed Price · Currency is AUD
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

Chart
TargetLowAverageMedianHigh
Price$26.00$34.12$35.48$37.70
Change-18.01%+7.60%+11.89%+18.89%

Analyst 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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy444433
Buy333333
Hold333445
Sell000000
Strong Sell000000
Total101010111011

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Initiates
$37.70
BuyInitiates$37.70+18.89%Jul 6, 2026
RBC Capital
RBC Capital
Buy
Maintains
$35.25$38.25
BuyMaintains$35.25$38.25+20.62%Jun 27, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$29.00$32.35
HoldMaintains$29.00$32.35+2.02%Jun 25, 2026
Jefferies
Jefferies
Buy
Maintains
$36.00
BuyMaintains$36.00+13.53%Jun 2, 2026
Unknown Analyst
Macquarie
No rating
Macquarie
Buy
Maintains
$35.95
BuyMaintains$35.95+13.37%Jun 1, 2026
More Analyst Ratings

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%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
12.90B19.03B18.21B17.06B16.29B16.57B
Revenue Growth
13.94%47.49%-4.32%-6.33%-4.46%1.68%
Operating Income
1.70B3.75B1.48B1.30B726.70M1.25B
Net Income
1.19B2.81B1.01B805.70M83.80M846.86M
EPS
----0.961.94
EPS Growth
-----50.13%102.12%
Forward PE
8.314.619.3710.2813.2016.36
Dividend / Share
0.310.500.500.550.601.80
Dividend Growth
-61.29%-10.00%9.09%200.00%
Free Cash Flow
584.79M1.03B948.65M377.03M-143.89M195.23M
No. Analysts
-----11
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.

Revenue Forecast

Revenue202620272028
High17.0B
Avg16.6B
Low16.1B

Revenue Growth

Revenue Growth202620272028
High
4.0%
Avg
1.7%
Low
-1.0%

EPS Forecast

EPS202620272028
High2.05
Avg1.94
Low1.70

EPS Growth

EPS Growth202620272028
High
113.8%
Avg
102.1%
Low
77.3%