Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
231.99
+5.82 (2.57%)
At close: Oct 2, 2026, 4:00 PM EDT
230.00
-1.99 (-0.86%)
After-hours: Oct 2, 2026, 7:39 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 $270.6. The average 1-year stock price forecast is 16.64% higher than the current stock price, while the lowest is $205.45 (-11.44%) and the highest is $310 (+33.63%).
Price Target: $270.6 (+16.64%)
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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 7 | 7 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 12 | 12 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Reiterates $260 | Hold | Reiterates | $260 | +12.07% | Sep 25, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Reiterates $273 → $272 | Hold | Reiterates | $273 → $272 | +17.25% | Sep 18, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $301 → $299 | Buy | Maintains | $301 → $299 | +28.88% | Sep 18, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $296 | Buy | Maintains | $296 | +27.59% | Sep 18, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $255 → $257 | Buy | Maintains | $255 → $257 | +10.78% | Sep 18, 2026 |
Financial Forecast
Revenue This Year
23.83B
from 18.18B
Increased by 31.13%
Revenue Next Year
24.05B
from 23.83B
Increased by 0.92%
EPS This Year
17.27
from 7.99
Increased by 116.19%
EPS Next Year
19.67
from 17.27
Increased by 13.87%
EPS and Forward PE are based on non-GAAP adjusted numbers.