Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
118.24
-0.51 (-0.43%)
Apr 15, 2025, 4:00 PM EDT - Market closed
Steel Dynamics Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 149.27, with a low estimate of 140 and a high estimate of 158. The average target predicts an increase of 26.24% from the current stock price of 118.24.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Steel Dynamics stock from 11 stock analysts 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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 6 | 6 |
| Buy | 0 | 0 | 0 | 1 | 3 | 3 |
| Hold | 6 | 8 | 6 | 6 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 12 | 11 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold → Buy Upgrades $135 → $145 | Hold → Buy | Upgrades | $135 → $145 | +22.63% | Mar 31, 2025 |
| UBS | UBS | Hold → Strong Buy Upgrades $149 | Hold → Strong Buy | Upgrades | $149 | +26.01% | Mar 24, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $132 → $140 | Hold | Maintains | $132 → $140 | +18.40% | Mar 11, 2025 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $145 → $158 | Hold → Buy | Upgrades | $145 → $158 | +33.63% | Mar 7, 2025 |
| Keybanc | Keybanc | Hold → Buy Upgrades $155 | Hold → Buy | Upgrades | $155 | +31.09% | Feb 11, 2025 |
Financial Forecast
Revenue This Year
18.96B
from 17.54B
Increased by 8.06%
Revenue Next Year
20.24B
from 18.96B
Increased by 6.77%
EPS This Year
9.61
from 9.84
Decreased by -2.30%
EPS Next Year
12.63
from 9.61
Increased by 31.35%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 20.8B | 22.2B | 22.6B |
| Avg | 19.0B | 20.2B | 20.8B |
| Low | 17.5B | 17.8B | 18.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 18.6% | 17.1% | 11.5% |
| Avg | 8.1% | 6.8% | 2.6% |
| Low | -0.3% | -6.0% | -6.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 12.09 | 14.83 | 16.53 | |
| Avg | 9.61 | 12.63 | 14.36 | |
| Low | 8.04 | 9.26 | 10.99 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 22.8% | 54.2% | 30.9% | |
| Avg | -2.3% | 31.4% | 13.7% | |
| Low | -18.3% | -3.7% | -13.0% |
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.