Steel Dynamics, Inc. (STLD)
NASDAQ: STLD · Real-Time Price · USD
245.49
-5.51 (-2.20%)
At close: Jun 26, 2026, 4:00 PM EDT
249.13
+3.64 (1.48%)
After-hours: Jun 26, 2026, 7:36 PM EDT
Steel Dynamics Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 267.33, with a low estimate of 220 and a high estimate of 296. The average target predicts an increase of 8.90% from the current stock price of 245.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Steel Dynamics stock from 12 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 | 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 |
|---|---|---|---|---|---|---|---|
| KeyBanc | KeyBanc | Buy Reiterates $241 → $262 | Buy | Reiterates | $241 → $262 | +6.73% | Jun 24, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $227 → $270 | Hold | Maintains | $227 → $270 | +9.98% | Jun 22, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $296 | Buy | Maintains | $296 | +20.58% | Jun 18, 2026 |
| Wells Fargo | Wells Fargo | Buy Reiterates $293 → $291 | Buy | Reiterates | $293 → $291 | +18.54% | Jun 18, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Reiterates $285 → $280 | Hold | Reiterates | $285 → $280 | +14.06% | Jun 18, 2026 |
Financial Forecast
Revenue This Year
22.58B
from 18.18B
Increased by 24.20%
Revenue Next Year
23.24B
from 22.58B
Increased by 2.94%
EPS This Year
16.47
from 7.99
Increased by 106.14%
EPS Next Year
18.47
from 16.47
Increased by 12.17%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 23.6B | 25.4B | |
| Avg | 22.6B | 23.2B | |
| Low | 20.4B | 19.8B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 29.8% | 12.6% | |
| Avg | 24.2% | 2.9% | |
| Low | 12.0% | -12.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 18.79 | 23.25 | |
| Avg | 16.47 | 18.47 | |
| Low | 14.67 | 13.81 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 135.2% | 41.2% | |
| Avg | 106.1% | 12.2% | |
| Low | 83.6% | -16.2% |
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.