Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
180.20
-2.65 (-1.45%)
At close: Apr 2, 2026, 4:00 PM EDT
183.69
+3.49 (1.94%)
After-hours: Apr 2, 2026, 7:54 PM EDT
Steel Dynamics Stock Forecast
Stock Price Forecast
The 9 analysts that cover Steel Dynamics stock have a consensus rating of "Buy" and an average price target of $182.11, which forecasts a 1.06% increase in the stock price over the next year. The lowest target is $165 and the highest is $196.
Price Target: $182.11 (+1.06%)
Analyst Consensus: Buy
Analyst 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 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 3 | 3 | 4 | 4 |
| Hold | 3 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keybanc | Keybanc | Buy Initiates $190 | Buy | Initiates | $190 | +5.44% | Mar 25, 2026 |
| JP Morgan | JP Morgan | Hold Maintains $194 → $192 | Hold | Maintains | $194 → $192 | +6.55% | Mar 18, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $210 → $196 | Buy | Maintains | $210 → $196 | +8.77% | Mar 18, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $190 → $210 | Buy | Maintains | $190 → $210 | +16.54% | Mar 2, 2026 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $173 → $194 | Buy → Hold | Downgrades | $173 → $194 | +7.66% | Jan 9, 2026 |
Financial Forecast
Revenue This Year
21.33B
from 18.18B
Increased by 17.36%
Revenue Next Year
21.93B
from 21.33B
Increased by 2.78%
EPS This Year
14.06
from 7.99
Increased by 75.92%
EPS Next Year
15.92
from 14.06
Increased by 13.24%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 23.6B | 24.8B | ||
| Avg | 21.3B | 21.9B | ||
| Low | 18.4B | 18.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 30.0% | 16.1% | ||
| Avg | 17.4% | 2.8% | ||
| Low | 1.4% | -11.9% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.63 | 17.69 | |
| Avg | 14.06 | 15.92 | |
| Low | 12.20 | 13.97 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 108.2% | 25.9% | |
| Avg | 75.9% | 13.2% | |
| Low | 52.7% | -0.6% |
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.