Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
119.40
-5.63 (-4.50%)
At close: Mar 10, 2025, 4:00 PM
122.50
+3.10 (2.60%)
After-hours: Mar 10, 2025, 7:53 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 145.33, with a low estimate of 120 and a high estimate of 158. The average target predicts an increase of 21.72% from the current stock price of 119.40.
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 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 4 | 5 | 5 | 5 |
Buy | 0 | 0 | 0 | 0 | 1 | 2 |
Hold | 6 | 6 | 8 | 6 | 6 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 10 | 10 | 12 | 11 | 12 | 12 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $145 → $158 | Hold → Buy | Upgrades | $145 → $158 | +32.33% | Mar 7, 2025 |
Keybanc | Keybanc | Hold → Buy Upgrades $155 | Hold → Buy | Upgrades | $155 | +29.82% | Feb 11, 2025 |
Morgan Stanley | Morgan Stanley | Hold Maintains $131 → $145 | Hold | Maintains | $131 → $145 | +21.44% | Feb 3, 2025 |
Jefferies | Jefferies | Hold → Strong Buy Upgrades $125 → $145 | Hold → Strong Buy | Upgrades | $125 → $145 | +21.44% | Jan 24, 2025 |
JP Morgan | JP Morgan | Hold Maintains $134 → $132 | Hold | Maintains | $134 → $132 | +10.55% | Jan 17, 2025 |
Financial Forecast
Revenue This Year
18.28B
from 17.54B
Increased by 4.21%
Revenue Next Year
19.84B
from 18.28B
Increased by 8.56%
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 | 20.2B | 22.1B | 22.6B |
Avg | 18.3B | 19.8B | 20.3B |
Low | 16.3B | 16.8B | 18.3B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | 15.4% | 20.8% | 13.7% |
Avg | 4.2% | 8.6% | 2.5% |
Low | -7.2% | -8.3% | -7.8% |
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.