Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
133.19
-1.75 (-1.30%)
May 5, 2025, 4:00 PM EDT - Market closed
Steel Dynamics Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 147.45, with a low estimate of 138 and a high estimate of 155. The average target predicts an increase of 10.71% from the current stock price of 133.19.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Steel Dynamics stock from 11 stock analysts 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 6 | 6 |
| Buy | 0 | 0 | 0 | 1 | 3 | 3 |
| Hold | 6 | 8 | 6 | 6 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 12 | 11 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $145 → $140 | Buy | Maintains | $145 → $140 | +5.11% | Apr 24, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $135 → $138 | Hold | Maintains | $135 → $138 | +3.61% | Apr 24, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $140 → $135 | Hold | Maintains | $140 → $135 | +1.36% | Apr 16, 2025 |
| BMO Capital | BMO Capital | Hold → Buy Upgrades $135 → $145 | Hold → Buy | Upgrades | $135 → $145 | +8.87% | Mar 31, 2025 |
| UBS | UBS | Hold → Strong Buy Upgrades $149 | Hold → Strong Buy | Upgrades | $149 | +11.87% | Mar 24, 2025 |
Financial Forecast
Revenue This Year
18.95B
from 17.54B
Increased by 8.03%
Revenue Next Year
20.25B
from 18.95B
Increased by 6.88%
EPS This Year
10.12
from 9.84
Increased by 2.88%
EPS Next Year
12.84
from 10.12
Increased by 26.79%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 20.8B | 22.5B | 23.1B |
| Avg | 18.9B | 20.3B | 20.8B |
| Low | 17.2B | 17.6B | 18.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 18.6% | 18.8% | 13.9% |
| Avg | 8.0% | 6.9% | 2.9% |
| Low | -1.7% | -7.0% | -6.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 13.25 | 15.97 | 18.08 | |
| Avg | 10.12 | 12.84 | 14.63 | |
| Low | 8.09 | 9.26 | 10.99 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 34.7% | 57.8% | 40.9% | |
| Avg | 2.9% | 26.8% | 14.0% | |
| Low | -17.8% | -8.6% | -14.4% |
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.