Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
115.75
+0.06 (0.05%)
Dec 23, 2024, 4:00 PM EST - Market closed
Steel Dynamics Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 140.67, with a low estimate of 119 and a high estimate of 155. The average target predicts an increase of 21.53% from the current stock price of 115.75.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Steel Dynamics stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 6 | 7 | 6 | 6 | 8 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 10 | 10 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $160 → $145 | Strong Buy | Maintains | $160 → $145 | +25.27% | Dec 19, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $145 → $149 | Strong Buy → Hold | Downgrades | $145 → $149 | +28.73% | Dec 12, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $155 | Hold | Initiates | $155 | +33.91% | Dec 2, 2024 |
| Seaport Global | Seaport Global | Strong Buy Maintains $132 → $150 | Strong Buy | Maintains | $132 → $150 | +29.59% | Oct 18, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $129 → $134 | Hold | Maintains | $129 → $134 | +15.77% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
18.15B
from 18.80B
Decreased by -3.41%
Revenue Next Year
18.57B
from 18.15B
Increased by 2.27%
EPS This Year
10.28
from 14.64
Decreased by -29.79%
EPS Next Year
9.92
from 10.28
Decreased by -3.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.2B | 20.5B | 22.2B |
| Avg | 18.2B | 18.6B | 20.0B |
| Low | 17.2B | 16.1B | 16.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4% | 12.7% | 19.6% |
| Avg | -3.4% | 2.3% | 7.5% |
| Low | -8.4% | -11.1% | -11.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.98 | 12.51 | 15.09 |
| Avg | 10.28 | 9.92 | 12.57 |
| Low | 9.60 | 6.47 | 9.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -25.0% | 21.7% | 52.1% |
| Avg | -29.8% | -3.5% | 26.7% |
| Low | -34.4% | -37.1% | 0.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.