Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
243.69
-7.29 (-2.90%)
At close: Jun 23, 2026, 4:00 PM EDT
245.19
+1.50 (0.62%)
After-hours: Jun 23, 2026, 7:43 PM EDT
Steel Dynamics Stock Forecast
Stock Price Forecast
According to 12 analysts polled by S&P Global, Steel Dynamics stock has a consensus rating of "Buy" and an average price target of $272.09. The average 1-year stock price forecast is 11.65% higher than the current stock price, while the lowest is $221 (-9.31%) and the highest is $310 (+27.21%).
Price Target: $272.09 (+11.65%)
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 6 | 6 | 6 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 11 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $227 → $270 | Hold | Maintains | $227 → $270 | +10.80% | Jun 22, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $296 | Buy | Maintains | $296 | +21.47% | Jun 18, 2026 |
| Wells Fargo | Wells Fargo | Buy Reiterates $293 → $291 | Buy | Reiterates | $293 → $291 | +19.41% | Jun 18, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Reiterates $285 → $280 | Hold | Reiterates | $285 → $280 | +14.90% | Jun 18, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains $210 → $262 | Hold | Maintains | $210 → $262 | +7.51% | Jun 10, 2026 |
Financial Forecast
Revenue This Year
22.43B
from 18.18B
Increased by 23.40%
Revenue Next Year
23.02B
from 22.43B
Increased by 2.62%
EPS This Year
15.80
from 7.99
Increased by 97.77%
EPS Next Year
17.85
from 15.80
Increased by 12.96%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.5B | ||
| Avg | 22.4B | ||
| Low | 20.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 29.1% | ||
| Avg | 23.4% | ||
| Low | 12.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 17.10 | ||
| Avg | 15.80 | ||
| Low | 14.05 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 114.0% | ||
| Avg | 97.8% | ||
| Low | 75.8% |