Steel Dynamics, Inc. (STLD)

Steel Dynamics Stock Forecast

Stock Price Forecast

The 9 analysts that cover Steel Dynamics stock have a consensus rating of "Buy" and an average price target of $166.44, which forecasts a 6.15% increase in the stock price over the next year. The lowest target is $149 and the highest is $180.

Price Target: $166.44 (+6.15%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$149	$166.44	$167	$180
Change	-4.97%	+6.15%	+6.51%	+14.80%

Analyst Ratings

The average analyst rating for Steel Dynamics stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	6	6	6	6	5	3
Buy	3	3	3	3	4	4
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	11	11	11	11	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexander Hacking Citigroup	Citigroup	Strong Buy Maintains $150 → $180	Strong Buy	Maintains	$150 → $180	+14.80%	Oct 29, 2025
Philip Gibbs Keybanc	Keybanc	Buy Maintains $152 → $165	Buy	Maintains	$152 → $165	+5.23%	Oct 27, 2025
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy Maintains $145 → $173	Buy	Maintains	$145 → $173	+10.33%	Oct 24, 2025
Christopher LeFemina Jefferies	Jefferies	Strong Buy Maintains $165 → $180	Strong Buy	Maintains	$165 → $180	+14.80%	Oct 22, 2025
Timna Tanners Wells Fargo	Wells Fargo	Buy Maintains $150 → $169	Buy	Maintains	$150 → $169	+7.78%	Oct 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

18.77B

Increased by 7.03%

from 17.54B

Revenue Next Year

20.37B

Increased by 8.49%

from 18.77B

EPS This Year

8.90

Decreased by -9.53%

from 9.84

EPS Next Year

13.07

Increased by 46.78%

from 8.90

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.60B	18.41B	22.26B	18.80B	17.54B	18.77B	20.37B
Revenue Growth	-8.25%	91.73%	20.92%	-15.57%	-6.68%	7.03%	8.49%
EPS	2.59	15.56	20.92	14.64	9.84	8.90	13.07
EPS Growth	-14.80%	500.77%	34.45%	-30.02%	-32.79%	-9.53%	46.78%
Forward PE	-	-	-	-	-	17.61	12.00
No. Analysts	-	-	-	-	-	16	16

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

Revenue Forecast

Revenue	2025	2026	2027
High	19.7B	21.9B
Avg	18.8B	20.4B
Low	17.4B	18.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.4%	16.5%
Avg	7.0%	8.5%
Low	-0.6%	-4.1%

EPS Forecast

EPS	2025	2026	2027	2028
High	10.07	14.61
Avg	8.90	13.07
Low	7.94	10.68

EPS Growth

EPS Growth	2025	2026	2027	2028
High	2.3%	64.1%
Avg	-9.5%	46.8%
Low	-19.3%	19.9%

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.