Steel Dynamics Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Steel Dynamics stock have an average target of 210, with a low estimate of 165 and a high estimate of 255. The average target predicts a decrease of -7.47% from the current stock price of 226.96.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$165	$210	$205	$255
Change	-27.30%	-7.47%	-9.68%	+12.35%

Analyst Ratings

The average analyst rating for Steel Dynamics stock from 9 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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	2	2	2	2	2	2
Buy	4	4	3	3	4	4
Hold	3	2	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	8	8	8	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Alexander Hacking Citigroup	Citigroup	Strong Buy Maintains $180 → $255	Strong Buy	Maintains	$180 → $255	+12.35%	Apr 22, 2026
Timna Tanners Wells Fargo	Wells Fargo	Buy Maintains $207 → $235	Buy	Maintains	$207 → $235	+3.54%	Apr 22, 2026
Katja Jancic BMO Capital	BMO Capital	Buy Maintains $195 → $240	Buy	Maintains	$195 → $240	+5.75%	Apr 22, 2026
Samuel McKinney Keybanc	Keybanc	Buy Maintains $190 → $241	Buy	Maintains	$190 → $241	+6.19%	Apr 22, 2026
Timna Tanners Wells Fargo	Wells Fargo	Buy Maintains $196 → $207	Buy	Maintains	$196 → $207	-8.79%	Apr 16, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

21.42B

from 18.18B

17.86%

from 18.18B

Revenue Next Year

22.04B

from 21.42B

2.86%

from 21.42B

EPS This Year

13.48

from 7.99

68.76%

from 7.99

EPS Next Year

15.38

from 13.48

14.06%

from 13.48

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	21.42B	22.04B
Revenue Growth	91.73%	20.92%	-15.57%	-6.68%	3.63%	17.86%	2.86%
EPS	15.56	20.92	14.64	9.84	7.99	13.48	15.38
EPS Growth	500.77%	34.45%	-30.02%	-32.79%	-18.80%	68.76%	14.06%
Forward PE	-	-	-	-	-	16.83	14.76
No. Analysts	-	-	-	-	-	15	14

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	23.6B	24.8B
Avg	21.4B	22.0B
Low	19.0B	19.1B

Revenue Growth

Revenue Growth	2026	2027
High	30.0%	15.6%
Avg	17.9%	2.9%
Low	4.5%	-10.9%

EPS Forecast

EPS	2026	2027
High	15.62	18.38
Avg	13.48	15.38
Low	8.70	9.39

EPS Growth

EPS Growth	2026	2027
High	95.5%	36.3%
Avg	68.8%	14.1%
Low	8.9%	-30.4%

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.