Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
235.98
-1.10 (-0.46%)
At close: Sep 11, 2026, 4:00 PM EDT
239.79
+3.81 (1.61%)
After-hours: Sep 11, 2026, 7:30 PM EDT
Steel Dynamics Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, Steel Dynamics stock has a consensus rating of "Buy" and an average price target of $272.14. The average 1-year stock price forecast is 15.32% higher than the current stock price, while the lowest is $221 (-6.35%) and the highest is $310 (+31.37%).
Price Target: $272.14 (+15.32%)
Analyst Consensus: Buy
Price Target
ChartAnalyst 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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 7 | 7 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 12 | 12 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| J.P. Morgan | J.P. Morgan | Hold Maintains $260 → $273 | Hold | Maintains | $260 → $273 | +15.69% | Sep 9, 2026 |
Unknown Analyst Wolfe Research No rating | Wolfe Research | Buy Maintains $255 → $275 | Buy | Maintains | $255 → $275 | +16.54% | Aug 24, 2026 |
| Wells Fargo | Wells Fargo | Buy Reiterates $275 → $255 | Buy | Reiterates | $275 → $255 | +8.06% | Aug 24, 2026 |
| UBS | UBS | Hold Maintains $165 → $276 | Hold | Maintains | $165 → $276 | +16.96% | Aug 10, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Initiates $300 | Buy | Initiates | $300 | +27.13% | Jul 30, 2026 |
Financial Forecast
Revenue This Year
23.79B
from 18.18B
Increased by 30.89%
Revenue Next Year
23.72B
from 23.79B
Decreased by -0.32%
EPS This Year
17.22
from 7.99
Increased by 115.48%
EPS Next Year
19.37
from 17.22
Increased by 12.50%
EPS and Forward PE are based on non-GAAP adjusted numbers.