Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
142.73
+1.10 (0.78%)
At close: Oct 7, 2025, 4:00 PM EDT
140.89
-1.84 (-1.29%)
After-hours: Oct 7, 2025, 7:37 PM EDT

Steel Dynamics Stock Forecast

Stock Price Forecast

The 10 analysts that cover Steel Dynamics stock have a consensus rating of "Strong Buy" and an average price target of $148.9, which forecasts a 4.32% increase in the stock price over the next year. The lowest target is $145 and the highest is $155.

Price Target: $148.9 (+4.32%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$145$148.9$150$155
Change+1.59%+4.32%+5.09%+8.60%

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

RatingMay '25Jun '25Jul '25Aug '25Sep '25Oct '25
Strong Buy666654
Buy333344
Hold222222
Sell000000
Strong Sell000000
Total111111111110

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Buy
Maintains
$143$150
BuyMaintains$143$150+5.09%Sep 15, 2025
JP Morgan
JP Morgan
Hold
Maintains
$138$150
HoldMaintains$138$150+5.09%Jul 14, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$140$145
BuyMaintains$140$145+1.59%Jun 20, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$145$140
BuyMaintains$145$140-1.91%Apr 24, 2025
JP Morgan
JP Morgan
Hold
Maintains
$135$138
HoldMaintains$135$138-3.31%Apr 24, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
18.84B
from 17.54B
Increased by 7.43%
Revenue Next Year
20.22B
from 18.84B
Increased by 7.28%
EPS This Year
9.01
from 9.84
Decreased by -8.46%
EPS Next Year
13.05
from 9.01
Increased by 44.87%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
9.60B18.41B22.26B18.80B17.54B18.84B20.22B
Revenue Growth
-8.25%91.73%20.92%-15.57%-6.68%7.43%7.28%
EPS
2.5915.5620.9214.649.849.0113.05
EPS Growth
-14.80%500.77%34.45%-30.02%-32.79%-8.46%44.87%
Forward PE
-----15.8410.94
No. Analysts
-----1616
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue202520262027
High20.1B21.9B
Avg18.8B20.2B
Low17.4B17.9B

Revenue Growth

Revenue Growth202520262027
High
14.5%
16.1%
Avg
7.4%
7.3%
Low
-0.8%
-5.0%

EPS Forecast

EPS2025202620272028
High10.6515.97
Avg9.0113.05
Low7.9410.68

EPS Growth

EPS Growth2025202620272028
High
8.2%
77.3%
Avg
-8.5%
44.9%
Low
-19.3%
18.5%
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.