Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
228.68
+9.68 (4.42%)
At close: Aug 21, 2026, 4:00 PM EDT
228.50
-0.18 (-0.08%)
After-hours: Aug 21, 2026, 7:49 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 $272.64. The average 1-year stock price forecast is 19.22% higher than the current stock price, while the lowest is $221 (-3.36%) and the highest is $310 (+35.56%).
Price Target: $272.64 (+19.22%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 6 | 6 | 6 | 7 | 7 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 2 | 3 | 3 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 12 | 12 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $165 → $276 | Hold | Maintains | $165 → $276 | +20.69% | Aug 10, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Initiates $300 | Buy | Initiates | $300 | +31.19% | Jul 30, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $296 | Buy | Maintains | $296 | +29.44% | Jul 22, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Reiterates $270 → $260 | Hold | Reiterates | $270 → $260 | +13.70% | Jul 22, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $256 → $260 | Hold | Maintains | $256 → $260 | +13.70% | Jul 22, 2026 |
Financial Forecast
Revenue This Year
23.62B
from 18.18B
Increased by 29.93%
Revenue Next Year
23.55B
from 23.62B
Decreased by -0.28%
EPS This Year
16.76
from 7.99
Increased by 109.80%
EPS Next Year
19.02
from 16.76
Increased by 13.46%
EPS and Forward PE are based on non-GAAP adjusted numbers.