Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
133.24
-0.82 (-0.61%)
At close: Jul 3, 2025, 1:00 PM
131.42
-1.82 (-1.37%)
After-hours: Jul 3, 2025, 3:33 PM EDT
Steel Dynamics Stock Forecast
Stock Price Forecast
The 11 analysts that cover Steel Dynamics stock have a consensus rating of "Strong Buy" and an average price target of $147.91, which forecasts a 11.01% increase in the stock price over the next year. The lowest target is $138 and the highest is $155.
Price Target: $147.91 (+11.01%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Steel Dynamics stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Buy | 0 | 1 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $140 → $145 | Buy | Maintains | $140 → $145 | +8.83% | Jun 20, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $145 → $140 | Buy | Maintains | $145 → $140 | +5.07% | Apr 24, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $135 → $138 | Hold | Maintains | $135 → $138 | +3.57% | Apr 24, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $140 → $135 | Hold | Maintains | $140 → $135 | +1.32% | Apr 16, 2025 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $135 → $145 | Hold → Buy | Upgrades | $135 → $145 | +8.83% | Mar 31, 2025 |
Financial Forecast
Revenue This Year
19.05B
from 17.54B
Increased by 8.58%
Revenue Next Year
20.15B
from 19.05B
Increased by 5.80%
EPS This Year
10.02
from 9.84
Increased by 1.80%
EPS Next Year
12.98
from 10.02
Increased by 29.56%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 20.0B | 22.2B | 23.0B |
| Avg | 19.0B | 20.2B | 21.0B |
| Low | 17.6B | 17.8B | 18.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 14.3% | 16.4% | 14.2% |
| Avg | 8.6% | 5.8% | 4.0% |
| Low | 0.3% | -6.5% | -6.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 11.69 | 16.91 | 18.61 | |
| Avg | 10.02 | 12.98 | 14.71 | |
| Low | 8.53 | 10.30 | 11.57 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 18.8% | 68.8% | 43.4% | |
| Avg | 1.8% | 29.6% | 13.3% | |
| Low | -13.3% | 2.8% | -10.9% |
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.