Steel Dynamics (STLD) Stock Forecast & Price Target

$135.38 -0.68 (-0.50%)

As of 04:00 PM Eastern

Steel Dynamics - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 11 Analyst Ratings

Sell
0

Hold
3

Buy
8

Based on 11 Wall Street analysts who have issued ratings for Steel Dynamics in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 3 have given a hold rating, and 8 have given a buy rating for STLD.

Consensus Price Target

$147.44
8.91% Upside

According to the 11 analysts' twelve-month price targets for Steel Dynamics, the average price target is $147.44. The highest price target for STLD is $155.00, while the lowest price target for STLD is $138.00. The average price target represents a forecasted upside of 8.91% from the current price of $135.38.

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STLD Analyst Ratings Over Time

Type	Current Forecast 5/20/24 to 5/20/25	1 Month Ago 4/20/24 to 4/20/25	3 Months Ago 2/20/24 to 2/19/25	1 Year Ago 5/21/23 to 5/20/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	5 Buy rating(s)	1 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$147.44	$149.11	$146.22	$125.29
Forecasted Upside	8.91% Upside	26.06% Upside	6.92% Upside	-5.86% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

STLD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

STLD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Steel Dynamics Stock vs. The Competition

Type	Steel Dynamics	Basic Materials Companies	S&P 500
Consensus Rating Score	2.73	2.78	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	8.93% Upside	145.37% Upside	12.81% Upside
News Sentiment Rating	Positive News See Recent STLD News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
4/24/2025	Morgan Stanley 3 of 5 stars	Carlos De Alba Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target	Overweight ➝ Overweight	$145.00 ➝ $140.00	+10.58%
4/24/2025	JPMorgan Chase & Co. 2 of 5 stars	Bill Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$135.00 ➝ $138.00	+9.40%
3/31/2025	BMO Capital Markets 4 of 5 stars	Katja Jancic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$135.00 ➝ $145.00	+16.96%
3/24/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$149.00	+21.46%
2/27/2025	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Tanners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underperform ➝ Peer Perform
2/11/2025	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Philip Gibbs Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Weight ➝ Overweight	$155.00	+16.66%
1/24/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Christopher LeFemina Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$125.00 ➝ $145.00	+18.49%
1/3/2025	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Gresser Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform
12/19/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$160.00 ➝ $145.00	+25.55%
12/2/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Harris Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$155.00	+6.70%
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10/1/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$140.00 ➝ $155.00	+22.94%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:12 PM ET.

Should I Buy Steel Dynamics Stock? STLD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, May 16, 2025. Please send any questions or comments about these Steel Dynamics pros and cons to contact@marketbeat.com.

Steel Dynamics
Bull Case

Here are some ways that investors could benefit from investing in Steel Dynamics, Inc.:

The current stock price is around $136.64, reflecting a recent increase of 4.7%, which may indicate positive market sentiment.
Steel Dynamics, Inc. reported strong quarterly earnings, with earnings per share (EPS) of $1.44, surpassing analysts' expectations, which suggests robust financial health.
The company has a solid market capitalization of approximately $20.48 billion, indicating its significant presence in the steel production and recycling industry.
Steel Dynamics, Inc. has announced a quarterly dividend of $0.50, translating to an annualized dividend yield of about 1.46%, providing a return to shareholders.
The firm has authorized a share repurchase plan of $1.50 billion, which often signals that management believes the stock is undervalued, potentially enhancing shareholder value.

Steel Dynamics
Bear Case

Investors should be bearish about investing in Steel Dynamics, Inc. for these reasons:

Insider ownership is relatively low at 6.30%, which may raise concerns about alignment between management and shareholder interests.
The company has experienced a 16.22% decrease in insider ownership following a recent transaction, which could indicate a lack of confidence from executives.
Steel Dynamics, Inc. has a debt-to-equity ratio of 0.32, which, while manageable, suggests that the company is using some leverage that could pose risks in a downturn.
Market analysts have mixed ratings on the stock, with some downgrading it to a "sell," indicating potential volatility and uncertainty in future performance.
The stock has a beta of 1.44, suggesting it is more volatile than the market, which could lead to larger price swings and increased risk for investors.

STLD Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Steel Dynamics is $147.44, with a high forecast of $155.00 and a low forecast of $138.00.
: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last twelve months. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" STLD shares.
: According to analysts, Steel Dynamics's stock has a predicted upside of 8.91% based on their 12-month stock forecasts.
: Over the previous 90 days, Steel Dynamics's stock had 4 upgrades by analysts.
: Steel Dynamics has been rated by research analysts at BMO Capital Markets, JPMorgan Chase & Co., Morgan Stanley, UBS Group, and Wolfe Research in the past 90 days.
: Analysts like Steel Dynamics less than other "basic materials" companies. The consensus rating score for Steel Dynamics is 2.73 while the average consensus rating score for "basic materials" companies is 2.78. Learn more on how STLD compares to other companies.

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This page (NASDAQ:STLD) was last updated on 5/20/2025 by MarketBeat.com Staff

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Steel Dynamics (STLD) Stock Forecast & Price Target