Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
234.14
+5.72 (2.50%)
At close: Jul 13, 2026, 4:00 PM EDT
234.13
-0.01 (0.00%)
Pre-market: Jul 14, 2026, 6:03 AM 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 $271.83. The average 1-year stock price forecast is 16.10% higher than the current stock price, while the lowest is $221 (-5.61%) and the highest is $310 (+32.40%).
Price Target: $271.83 (+16.10%)
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 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 6 | 6 | 6 | 6 |
| Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Bank of America Securities | Bank of America Securities | Hold Maintains $280 → $260 | Hold | Maintains | $280 → $260 | +11.04% | Jul 9, 2026 |
| KeyBanc | KeyBanc | Buy Reiterates $241 → $262 | Buy | Reiterates | $241 → $262 | +11.90% | Jun 24, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $227 → $270 | Hold | Maintains | $227 → $270 | +15.32% | Jun 22, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $296 | Buy | Maintains | $296 | +26.42% | Jun 18, 2026 |
| Wells Fargo | Wells Fargo | Buy Reiterates $293 → $291 | Buy | Reiterates | $293 → $291 | +24.28% | Jun 18, 2026 |
Financial Forecast
Revenue This Year
22.45B
from 18.18B
Increased by 23.51%
Revenue Next Year
22.93B
from 22.45B
Increased by 2.14%
EPS This Year
16.43
from 7.99
Increased by 105.63%
EPS Next Year
18.81
from 16.43
Increased by 14.51%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.6B | ||
| Avg | 22.4B | ||
| Low | 20.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 29.8% | ||
| Avg | 23.5% | ||
| Low | 12.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 18.79 | ||
| Avg | 16.43 | ||
| Low | 14.67 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 135.2% | ||
| Avg | 105.6% | ||
| Low | 83.6% |