Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
247.17
+7.27 (3.03%)
Oct 23, 2026, 11:08 AM EDT - Market open
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 $270.82. The average 1-year stock price forecast is 9.57% higher than the current stock price, while the lowest is $205.45 (-16.88%) and the highest is $310 (+25.42%).
Price Target: $270.82 (+9.57%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 7 | 7 | 7 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 12 | 12 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| KeyBanc | KeyBanc | Buy Maintains $265 | Buy | Maintains | $265 | +7.21% | Oct 23, 2026 |
| Barclays | Barclays | Buy Maintains $285 → $280 | Buy | Maintains | $285 → $280 | +13.28% | Oct 23, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $260 | Hold | Maintains | $260 | +5.19% | Oct 22, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Reiterates $299 | Buy | Reiterates | $299 | +20.97% | Oct 21, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Reiterates $260 | Hold | Reiterates | $260 | +5.19% | Oct 21, 2026 |
Financial Forecast
Revenue This Year
23.81B
from 18.18B
Increased by 30.98%
Revenue Next Year
24.59B
from 23.81B
Increased by 3.27%
EPS This Year
17.11
from 7.99
Increased by 114.09%
EPS Next Year
21.24
from 17.11
Increased by 24.19%
EPS and Forward PE are based on non-GAAP adjusted numbers.