Steel Dynamics, Inc. (STLD)

ROIC Stock Forecast

Stock Price Forecast

The 11 analysts that cover ROIC stock have a consensus rating of "Strong Buy" and an average price target of $149, which forecasts a 16.81% increase in the stock price over the next year. The lowest target is $145 and the highest is $155.

Price Target: $149.00 (+16.81%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$145	$149	$149	$155
Change	+13.67%	+16.81%	+16.81%	+21.51%

Analyst Ratings

The average analyst rating for ROIC 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

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	5	6	6	6	6	6
Buy	1	3	3	3	3	3
Hold	6	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	11	11	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bill Peterson JP Morgan	JP Morgan	Hold Maintains $138 → $150	Hold	Maintains	$138 → $150	+17.59%	Jul 14, 2025
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy Maintains $140 → $145	Buy	Maintains	$140 → $145	+13.67%	Jun 20, 2025
Carlos De Alba Morgan Stanley	Morgan Stanley	Buy Maintains $145 → $140	Buy	Maintains	$145 → $140	+9.75%	Apr 24, 2025
Bill Peterson JP Morgan	JP Morgan	Hold Maintains $135 → $138	Hold	Maintains	$135 → $138	+8.18%	Apr 24, 2025
Bill Peterson JP Morgan	JP Morgan	Hold Maintains $140 → $135	Hold	Maintains	$140 → $135	+5.83%	Apr 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

18.96B

Increased by 8.10%

from 17.54B

Revenue Next Year

20.26B

Increased by 6.84%

from 18.96B

EPS This Year

10.01

Increased by 1.76%

from 9.84

EPS Next Year

12.85

Increased by 28.29%

from 10.01

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	9.60B	18.41B	22.26B	18.80B	17.54B	18.96B	20.26B	20.95B
Revenue Growth	-8.25%	91.73%	20.92%	-15.57%	-6.68%	8.10%	6.84%	3.44%
EPS	2.59	15.56	20.92	14.64	9.84	10.01	12.85	14.66
EPS Growth	-14.80%	500.77%	34.45%	-30.02%	-32.79%	1.76%	28.29%	14.10%
Forward PE	-	-	-	-	-	12.74	9.93	8.70
No. Analysts	-	-	-	-	-	16	16	10

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

Revenue Forecast

Revenue	2025	2026	2027
High	20.2B	21.9B	22.9B
Avg	19.0B	20.3B	21.0B
Low	17.4B	17.9B	18.8B

Revenue Growth

Revenue Growth	2025	2026	2027
High	15.1%	15.3%	12.9%
Avg	8.1%	6.8%	3.4%
Low	-0.7%	-5.6%	-7.3%

EPS Forecast

EPS	2025	2026	2027	2028
High	11.63	16.91	18.61
Avg	10.01	12.85	14.66
Low	8.23	10.21	11.57

EPS Growth

EPS Growth	2025	2026	2027	2028
High	18.2%	68.8%	44.8%
Avg	1.8%	28.3%	14.1%
Low	-16.3%	2.0%	-9.9%

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.