Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
125.83
+0.83 (0.66%)
Jan 17, 2025, 4:00 PM EST - Market closed
Steel Dynamics Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 138.42, with a low estimate of 119 and a high estimate of 155. The average target predicts an increase of 10.01% from the current stock price of 125.83.
Analyst Consensus: Buy
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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 6 | 7 | 6 | 6 | 8 | 8 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 10 | 10 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $134 → $132 | Hold | Maintains | $134 → $132 | +4.90% | Jan 17, 2025 |
| Jefferies | Jefferies | Hold Maintains $145 → $125 | Hold | Maintains | $145 → $125 | -0.66% | Jan 6, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $160 → $145 | Strong Buy | Maintains | $160 → $145 | +15.23% | Dec 19, 2024 |
| UBS | UBS | Strong Buy → Hold Downgrades $145 → $149 | Strong Buy → Hold | Downgrades | $145 → $149 | +18.41% | Dec 12, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $155 | Hold | Initiates | $155 | +23.18% | Dec 2, 2024 |
Financial Forecast
Revenue This Year
18.05B
from 18.80B
Decreased by -3.99%
Revenue Next Year
18.28B
from 18.05B
Increased by 1.32%
EPS This Year
10.28
from 14.64
Decreased by -29.79%
EPS Next Year
9.92
from 10.28
Decreased by -3.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 19.2B | 20.5B | 22.2B |
| Avg | 18.0B | 18.3B | 19.8B |
| Low | 17.1B | 16.0B | 16.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4% | 13.4% | 21.2% |
| Avg | -4.0% | 1.3% | 8.5% |
| Low | -9.2% | -11.3% | -10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.98 | 12.51 | 15.09 |
| Avg | 10.28 | 9.92 | 12.57 |
| Low | 9.60 | 6.47 | 9.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -25.0% | 21.7% | 52.1% |
| Avg | -29.8% | -3.5% | 26.7% |
| Low | -34.4% | -37.1% | 0.3% |
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.