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
Target Low Average Median High
Price $120 $145.33 $149 $158
Change +0.50% +21.72% +24.79% +32.33%

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 '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 444555
Buy 000012
Hold 668665
Sell 000000
Strong Sell 000000
Total 101012111212

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Upgrades
$145$158
Buy Upgrades $145$158 +32.33% Mar 7, 2025
Keybanc
Keybanc
Buy
Upgrades
$155
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
Strong Buy
Upgrades
$125$145
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
More Analyst Ratings

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%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
9.60B18.41B22.26B18.80B17.54B18.28B19.84B20.33B
Revenue Growth
-8.25%91.73%20.92%-15.57%-6.68%4.21%8.56%2.46%
EPS
2.5915.5620.9214.649.848.7812.2514.08
EPS Growth
-14.80%500.77%34.45%-30.02%-32.79%-10.73%39.47%14.91%
Forward PE
-----13.599.758.48
No. Analysts -----16158
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
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 202520262027
High
15.4%
20.8%
13.7%
Avg
4.2%
8.6%
2.5%
Low
-7.2%
-8.3%
-7.8%

EPS Forecast

EPS 2025202620272028
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 2025202620272028
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.