BlueScope Steel Limited (ASX:BSL)
33.68
-0.28 (-0.82%)
Jun 16, 2026, 2:34 PM AEST
BlueScope Steel Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, BlueScope Steel stock has a consensus rating of "Buy" and an average price target of $32.08. The average 1-year stock price forecast is 4.75% lower than the current stock price, while the lowest is $26.00 (-22.80%) and the highest is $36.50 (+8.37%).
Price Target: $32.08 (-4.75%)
Analyst Consensus: Buy
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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $31.50 → $35.25 | Buy | Maintains | $31.50 → $35.25 | +4.66% | Jun 4, 2026 |
| Jefferies | Jefferies | Buy Maintains $36.00 | Buy | Maintains | $36.00 | +6.89% | Jun 2, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $29.00 | Hold | Maintains | $29.00 | -13.90% | Jun 2, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Buy Maintains $35.95 | Buy | Maintains | $35.95 | +6.74% | Jun 1, 2026 |
| Jarden | Jarden | Hold Maintains $30.00 → $28.50 | Hold | Maintains | $30.00 → $28.50 | -15.38% | Feb 26, 2026 |
Financial Forecast
Revenue This Year
16.52B
from 16.29B
Increased by 1.39%
Revenue Next Year
17.20B
from 16.52B
Increased by 4.14%
EPS This Year
1.92
from 0.96
Increased by 99.99%
EPS Next Year
2.21
from 1.92
Increased by 15.04%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is AUD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.8B | ||
| Avg | 16.5B | ||
| Low | 16.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 3.1% | ||
| Avg | 1.4% | ||
| Low | -1.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.06 | ||
| Avg | 1.92 | ||
| Low | 1.70 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 114.8% | ||
| Avg | 100.0% | ||
| Low | 77.3% |