Steel Dynamics, Inc. (STLD) Stock Forecast
Data as of Oct 31, 2026Basic Materials · Current price $247.77 (-2.27%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Mar 17, 2026 | Carlos De Alba | Morgan Stanley | $190.00 | -23.3% |
| Jan 7, 2026 | Philip Gibbs | KeyBanc | $190.00 | -23.3% |
| Nov 4, 2025 | Andrew Jones | UBS | $165.00 | -33.4% |
| Oct 27, 2025 | Phillip Gibbs | KeyBanc | $165.00 | -33.4% |
| Oct 21, 2025 | Andrew Jones | UBS | $158.00 | -36.2% |
| Apr 24, 2025 | Carlos De Alba | Morgan Stanley | $140.00 | -43.5% |
| Oct 17, 2024 | Alexander Hacking | Citigroup | $160.00 | -35.4% |
| Oct 10, 2024 | Katja Jancic | BMO Capital | $130.00 | -47.5% |
| Oct 1, 2024 | Lawson Winder | Bank of America Securities | $155.00 | -37.4% |
| Sep 17, 2024 | Katja Jancic | BMO Capital | $127.00 | -48.7% |
| Sep 17, 2024 | Lawson Winder | Bank of America Securities | $140.00 | -43.5% |
| Sep 3, 2024 | Andrew Jones | UBS | $145.00 | -41.5% |
| Aug 15, 2024 | Carlos De Alba | Morgan Stanley | $138.00 | -44.3% |
| Jun 18, 2024 | Katja Jancic | BMO Capital | $135.00 | -45.5% |
| Jun 17, 2024 | Timna Tanners | Wolfe Research | $112.00 | -54.8% |
| Jun 17, 2024 | Christopher LaFemina | Jefferies | $135.00 | -45.5% |
| May 20, 2024 | Christopher LaFemina | Jefferies | $150.00 | -39.5% |
| Mar 18, 2024 | Katja Jancic | BMO Capital | $120.00 | -51.6% |
| Apr 21, 2022 | Michael Glick | J.P. Morgan | $117.00 | -52.8% |
Top Analysts Covering STLD
STLD vs Sector & Market
| Metric | STLD | Basic Materials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.50 | 2.34 | 2.41 |
| Analyst Count | 22 | 7 | 19 |
| Target Upside | +11.1% | +577.6% | +21.5% |
| P/E Ratio | 26.53 | -9.32 | 38.49 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $20.14B | $21.83B | $23.38B | 8 |
| 2027-12-31 | $20.32B | $22.43B | $24.61B | 7 |
| 2028-03-31 | $5.36B | $5.97B | $6.33B | 1 |
| 2028-06-30 | $5.36B | $5.96B | $6.33B | 1 |
| 2028-09-30 | $5.20B | $5.79B | $6.14B | 1 |
| 2028-12-31 | $4.97B | $5.54B | $5.87B | 1 |
| 2029-03-31 | $5.27B | $5.87B | $6.23B | 2 |
| 2029-06-30 | $5.37B | $5.98B | $6.34B | 2 |
| 2029-09-30 | $5.21B | $5.81B | $6.16B | 2 |
| 2029-12-31 | $4.98B | $5.55B | $5.89B | 2 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $13.64 | $14.83 | $16.61 | 8 |
| 2027-12-31 | $16.24 | $16.92 | $17.31 | 7 |
| 2028-03-31 | $3.64 | $4.19 | $4.52 | 2 |
| 2028-06-30 | $3.31 | $3.82 | $4.12 | 2 |
| 2028-09-30 | $2.93 | $3.38 | $3.65 | 2 |
| 2028-12-31 | $2.57 | $2.97 | $3.20 | 2 |
| 2029-03-31 | $3.48 | $4.01 | $4.32 | 1 |
| 2029-06-30 | $3.50 | $4.03 | $4.35 | 1 |
| 2029-09-30 | $3.10 | $3.58 | $3.86 | 1 |
| 2029-12-31 | $2.72 | $3.14 | $3.38 | 1 |
Frequently Asked Questions
What is the analyst consensus for STLD?
The consensus among 22 analysts covering Steel Dynamics, Inc. (STLD) is Buy with an average price target of $274.17.
What is the highest price target for STLD?
The highest price target for STLD is $190.00, set by Carlos De Alba at Morgan Stanley on 2026-03-17.
What is the lowest price target for STLD?
The lowest price target for STLD is $112.00, set by Timna Tanners at Wolfe Research on 2024-06-17.
How many analysts cover STLD?
22 analysts have issued ratings for Steel Dynamics, Inc. in the past 12 months.
Is STLD a buy or sell right now?
Based on 22 analyst ratings, STLD has a consensus rating of Buy (2.50/5) with a +11.1% upside to the consensus target of $274.17.
What are the earnings estimates for STLD?
Analysts estimate STLD will report EPS of $14.83 for the period ending 2026-12-31, with revenue estimated at $21.83B.
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Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.