Steel Dynamics, Inc. (STLD)

Steel Dynamics Stock Forecast

Stock Price Forecast

According to 11 professional analysts, the 12-month price target for Steel Dynamics stock ranges from a low of $138 to a high of $155. The average analyst price target of $147.45 forecasts a 19.92% increase in the stock price over the next year.

Price Target: $147.45 (+19.92%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$138	$147.45	$145	$155
Change	+12.23%	+19.92%	+17.92%	+26.06%

* Price targets were last updated on Apr 24, 2025.

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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	4	5	5	6	6	6
Buy	0	0	1	3	3	3
Hold	8	6	6	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	11	12	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy Maintains $145 → $140	Buy	Maintains	$145 → $140	+13.86%	Apr 24, 2025
Bill Peterson JP Morgan	JP Morgan	Hold Maintains $135 → $138	Hold	Maintains	$135 → $138	+12.23%	Apr 24, 2025
Bill Peterson JP Morgan	JP Morgan	Hold Maintains $140 → $135	Hold	Maintains	$140 → $135	+9.79%	Apr 16, 2025
Katja Jancic BMO Capital	BMO Capital	Hold → Buy Upgrades $135 → $145	Hold → Buy	Upgrades	$135 → $145	+17.92%	Mar 31, 2025
Andrew Jones UBS	UBS	Hold → Strong Buy Upgrades $149	Hold → Strong Buy	Upgrades	$149	+21.18%	Mar 24, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

19.07B

Increased by 8.73%

from 17.54B

Revenue Next Year

20.20B

Increased by 5.89%

from 19.07B

EPS This Year

9.84

Decreased by -0.03%

from 9.84

EPS Next Year

12.75

Increased by 29.59%

from 9.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	9.60B	18.41B	22.26B	18.80B	17.54B	19.07B	20.20B	21.04B
Revenue Growth	-8.25%	91.73%	20.92%	-15.57%	-6.68%	8.73%	5.89%	4.17%
EPS	2.59	15.56	20.92	14.64	9.84	9.84	12.75	14.64
EPS Growth	-14.80%	500.77%	34.45%	-30.02%	-32.79%	-0.03%	29.59%	14.85%
Forward PE	-	-	-	-	-	12.50	9.65	8.40
No. Analysts	-	-	-	-	-	16	15	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	20.1B	22.1B	22.8B
Avg	19.1B	20.2B	21.0B
Low	17.7B	17.8B	18.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	14.8%	15.8%	12.8%
Avg	8.7%	5.9%	4.2%
Low	0.7%	-6.6%	-6.7%

EPS Forecast

EPS	2025	2026	2027	2028
High	11.13	15.97	18.61
Avg	9.84	12.75	14.64
Low	7.66	8.89	10.47

EPS Growth

EPS Growth	2025	2026	2027	2028
High	13.1%	62.3%	45.9%
Avg	-0.0%	29.6%	14.8%
Low	-22.2%	-9.6%	-17.8%

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.