Steel Dynamics, Inc. (STLD)

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 $241.45. The average 1-year stock price forecast is 11.83% lower than the current stock price, while the lowest is $210 (-23.32%) and the highest is $270 (-1.41%).

Price Target: $241.45 (-11.83%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$210	$241.45	$240	$270
Change	-23.32%	-11.83%	-12.36%	-1.41%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	8	8	8	8	6	6
Buy	2	1	1	1	1	2
Hold	3	2	2	2	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	1	1
Total	13	11	11	11	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Barclays No rating	Barclays	Buy Initiates $270	Buy	Initiates	$270	-1.41%	May 21, 2026
Bill Peterson J.P. Morgan	J.P. Morgan	Hold Maintains $210	Hold	Maintains	$210	-23.32%	May 18, 2026
Lawson Winder Bank of America Securities	Bank of America Securities	Hold Downgrades $231 → $250	Hold	Downgrades	$231 → $250	-8.71%	Apr 30, 2026
Katja Jancic BMO Capital	BMO Capital	Buy Maintains $195 → $240	Buy	Maintains	$195 → $240	-12.36%	Apr 22, 2026
Alexander Hacking Citi	Citi	Buy Maintains $180 → $255	Buy	Maintains	$180 → $255	-6.88%	Apr 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

22.61B

Increased by 24.37%

from 18.18B

Revenue Next Year

23.25B

Increased by 2.83%

from 22.61B

EPS This Year

15.21

Increased by 90.42%

from 7.99

EPS Next Year

17.21

Increased by 13.10%

from 15.21

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	18.41B	22.26B	18.80B	17.54B	18.18B	22.61B	23.25B
Revenue Growth	91.73%	20.92%	-15.57%	-6.68%	3.63%	24.37%	2.83%
EPS	15.56	20.92	14.64	9.84	7.99	15.21	17.21
EPS Growth	500.77%	34.45%	-30.02%	-32.79%	-18.80%	90.42%	13.10%
Forward PE	-	-	-	-	-	18.00	15.91
No. Analysts	-	-	-	-	-	15	14

Revenue Forecast

Revenue	2026	2027	2028
High	24.4B	26.7B
Avg	22.6B	23.2B
Low	19.4B	18.9B

Revenue Growth

Revenue Growth	2026	2027	2028
High	34.1%	18.1%
Avg	24.4%	2.8%
Low	6.8%	-16.4%

EPS Forecast

EPS	2026	2027	2028
High	18.56	21.80
Avg	15.21	17.21
Low	12.10	13.53

EPS Growth

EPS Growth	2026	2027	2028
High	132.3%	43.3%
Avg	90.4%	13.1%
Low	51.5%	-11.0%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Financial forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.