BlueScope Steel Limited (ASX:BSL)
30.85
+0.05 (0.16%)
Oct 14, 2026, 4:20 PM AEST
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 $35.14. The average 1-year stock price forecast is 13.91% higher than the current stock price, while the lowest is $26.00 (-15.72%) and the highest is $40.00 (+29.66%).
Price Target: $35.14 (+13.91%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 5 | 4 | 4 | 5 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 4 | 4 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $38.00 | Buy | Maintains | $38.00 | +23.18% | Oct 3, 2026 |
| Jarden | Jarden | Hold Maintains $34.80 → $32.70 | Hold | Maintains | $34.80 → $32.70 | +6.00% | Aug 24, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Hold Downgrades $35.95 → $34.35 | Hold | Downgrades | $35.95 → $34.35 | +11.35% | Aug 19, 2026 |
Unknown Analyst Ord Minnett No rating | Ord Minnett | Sell Downgrades $29.00 | Sell | Downgrades | $29.00 | -6.00% | Aug 18, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $32.35 → $34.00 | Hold | Maintains | $32.35 → $34.00 | +10.21% | Aug 18, 2026 |
Financial Forecast
Revenue This Year
17.72B
from 16.66B
Increased by 6.34%
Revenue Next Year
17.81B
from 17.72B
Increased by 0.52%
EPS This Year
2.68
from 1.94
Increased by 37.88%
EPS Next Year
2.49
from 2.68
Decreased by -7.07%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.