Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
130.71
-4.36 (-3.23%)
At close: Feb 21, 2025, 4:00 PM
131.40
+0.69 (0.52%)
After-hours: Feb 21, 2025, 7:07 PM EST
Steel Dynamics Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 144.25, with a low estimate of 120 and a high estimate of 155. The average target predicts an increase of 10.36% from the current stock price of 130.71.
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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 4 | 4 | 4 | 5 | 5 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 7 | 6 | 6 | 8 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 12 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Hold → Buy Upgrades $155 | Hold → Buy | Upgrades | $155 | +18.58% | Feb 11, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $131 → $145 | Hold | Maintains | $131 → $145 | +10.93% | Feb 3, 2025 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $125 → $145 | Hold → Strong Buy | Upgrades | $125 → $145 | +10.93% | Jan 24, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $134 → $132 | Hold | Maintains | $134 → $132 | +0.99% | Jan 17, 2025 |
| Jefferies | Jefferies | Hold Maintains $145 → $125 | Hold | Maintains | $145 → $125 | -4.37% | Jan 6, 2025 |
Financial Forecast
Revenue This Year
18.10B
from 17.54B
Increased by 3.16%
Revenue Next Year
19.78B
from 18.10B
Increased by 9.32%
EPS This Year
8.78
from 9.84
Decreased by -10.73%
EPS Next Year
12.25
from 8.78
Increased by 39.47%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 19.8B | 22.1B | 22.6B |
| Avg | 18.1B | 19.8B | 20.2B |
| Low | 16.3B | 16.8B | 18.3B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 12.8% | 22.1% | 14.1% |
| Avg | 3.2% | 9.3% | 2.3% |
| Low | -7.2% | -7.4% | -7.5% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 12.09 | 14.63 | 16.53 | |
| Avg | 8.78 | 12.25 | 14.08 | |
| Low | 5.99 | 8.87 | 12.09 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 22.8% | 66.5% | 34.9% | |
| Avg | -10.7% | 39.5% | 14.9% | |
| Low | -39.1% | 1.0% | -1.3% |
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.