Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
197.45
-4.06 (-2.01%)
Mar 3, 2026, 4:00 PM EST - Market closed
Steel Dynamics Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 182.63, with a low estimate of 165 and a high estimate of 210. The average target predicts a decrease of -7.51% from the current stock price of 197.45.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Steel Dynamics stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Hold | 2 | 3 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $190 → $210 | Buy | Maintains | $190 → $210 | +6.36% | Mar 2, 2026 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $173 → $194 | Buy → Hold | Downgrades | $173 → $194 | -1.75% | Jan 9, 2026 |
| Wells Fargo | Wells Fargo | Buy Maintains $172 → $190 | Buy | Maintains | $172 → $190 | -3.77% | Dec 15, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $180 → $190 | Strong Buy | Maintains | $180 → $190 | -3.77% | Dec 10, 2025 |
| JP Morgan | JP Morgan | Hold Maintains $165 → $190 | Hold | Maintains | $165 → $190 | -3.77% | Dec 5, 2025 |
Financial Forecast
Revenue This Year
21.19B
from 18.18B
Increased by 16.57%
Revenue Next Year
21.81B
from 21.19B
Increased by 2.94%
EPS This Year
14.01
from 7.99
Increased by 75.31%
EPS Next Year
15.81
from 14.01
Increased by 12.89%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 23.0B | 24.1B | ||
| Avg | 21.2B | 21.8B | ||
| Low | 18.4B | 18.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 26.7% | 13.9% | ||
| Avg | 16.6% | 2.9% | ||
| Low | 1.5% | -11.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.63 | 17.69 | |
| Avg | 14.01 | 15.81 | |
| Low | 12.02 | 13.37 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 108.2% | 26.3% | |
| Avg | 75.3% | 12.9% | |
| Low | 50.4% | -4.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.