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Steel Dynamics, Inc. (STLD) Stock Forecast

Data as of May 2, 2026

Basic Materials · Current price $228.98 (+0.14%)

Consensus Target
$179.00
Upside
-17.7%
Analysts
15
Rating
Buy(2.33)

Price Target Range

Low $165.00Consensus $179.00High $190.00
▲ Current $228.98

Consensus Price Target Over Time

Analyst Rating Distribution

Last 3 Months

Consensus
Buy
Strong Buy0
Buy7
Hold2
Sell0
Strong Sell0

6-Month Trend

Latest Analyst Forecasts

Price targets issued by Wall Street analysts. Upside calculated against today's price.

DateAnalystFirmPrice TargetUpside
Mar 17, 2026Carlos De AlbaMorgan Stanley$190.00-17.0%
Jan 7, 2026Philip GibbsKeyBanc$190.00-17.0%
Nov 4, 2025Andrew JonesUBS$165.00-27.9%
Oct 27, 2025Phillip GibbsKeyBanc$165.00-27.9%
Oct 21, 2025Andrew JonesUBS$158.00-31.0%
Apr 24, 2025Carlos De AlbaMorgan Stanley$140.00-38.9%
Oct 17, 2024Alexander HackingCitigroup$160.00-30.1%
Oct 10, 2024Katja JancicBMO Capital$130.00-43.2%
Oct 1, 2024Lawson WinderBank of America Securities$155.00-32.3%
Sep 17, 2024Katja JancicBMO Capital$127.00-44.5%
Sep 17, 2024Lawson WinderBank of America Securities$140.00-38.9%
Sep 3, 2024Andrew JonesUBS$145.00-36.7%
Aug 15, 2024Carlos De AlbaMorgan Stanley$138.00-39.7%
Jun 18, 2024Katja JancicBMO Capital$135.00-41.0%
Jun 17, 2024Timna TannersWolfe Research$112.00-51.1%
Jun 17, 2024Christopher LaFeminaJefferies$135.00-41.0%
May 20, 2024Christopher LaFeminaJefferies$150.00-34.5%
Mar 18, 2024Katja JancicBMO Capital$120.00-47.6%
Apr 21, 2022Michael GlickJ.P. Morgan$117.00-48.9%

STLD vs Sector & Market

MetricSTLDBasic Materials AvgLarge Cap Avg
Analyst Rating2.332.362.41
Analyst Count15718
Target Upside-17.7%+54.2%+14.9%
P/E Ratio24.52-16.6931.19

Revenue Estimates

PeriodLowAvgHigh#
2026-12-31$20.14B$21.83B$23.38B8
2027-12-31$20.32B$22.43B$24.61B7
2028-03-31$5.36B$5.97B$6.33B1
2028-06-30$5.36B$5.96B$6.33B1
2028-09-30$5.20B$5.79B$6.14B1
2028-12-31$4.97B$5.54B$5.87B1
2029-03-31$5.27B$5.87B$6.23B2
2029-06-30$5.37B$5.98B$6.34B2
2029-09-30$5.21B$5.81B$6.16B2
2029-12-31$4.98B$5.55B$5.89B2

EPS Estimates

PeriodLowAvgHigh#
2026-12-31$13.64$14.83$16.618
2027-12-31$16.24$16.92$17.317
2028-03-31$3.64$4.19$4.522
2028-06-30$3.31$3.82$4.122
2028-09-30$2.93$3.38$3.652
2028-12-31$2.57$2.97$3.202
2029-03-31$3.48$4.01$4.321
2029-06-30$3.50$4.03$4.351
2029-09-30$3.10$3.58$3.861
2029-12-31$2.72$3.14$3.381

Frequently Asked Questions

What is the analyst consensus for STLD?

The consensus among 15 analysts covering Steel Dynamics, Inc. (STLD) is Buy with an average price target of $179.00.

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?

15 analysts have issued ratings for Steel Dynamics, Inc. in the past 12 months.

Is STLD a buy or sell right now?

Based on 15 analyst ratings, STLD has a consensus rating of Buy (2.33/5) with a -17.7% upside to the consensus target of $179.00.

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.

Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.