Steel Dynamics (STLD) Stock Forecast & Price Target

$129.71 +0.43 (+0.33%)

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
13.67% 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 13.67% from the current price of $129.71.

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STLD Analyst Ratings Over Time

Type	Current Forecast 4/30/24 to 4/30/25	1 Month Ago 3/31/24 to 3/31/25	3 Months Ago 1/31/24 to 1/30/25	1 Year Ago 5/1/23 to 4/30/24
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)	4 Buy rating(s)	1 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	5 Hold rating(s)	4 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	$149.67	$143.38	$121.17
Forecasted Upside	13.67% Upside	19.66% Upside	9.69% Upside	-6.88% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	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	14.45% Upside	151.76% Upside	21.11% 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 Wednesday at 07:16 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 Monday, April 21, 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 $114, which reflects a significant opportunity for potential growth given the company's recent performance and market conditions.
Steel Dynamics, Inc. has recently increased its quarterly dividend from $0.46 to $0.50 per share, indicating a commitment to returning value to shareholders and a strong financial position.
Institutional investors hold a substantial 82.41% of the company's stock, suggesting confidence in Steel Dynamics, Inc.'s long-term prospects and stability.
Recent upgrades from multiple research firms, including a "buy" rating from UBS Group and an increased price target, highlight positive market sentiment and potential for stock appreciation.
The company has initiated a share repurchase plan allowing for the buyback of up to $1.50 billion in shares, which can enhance shareholder value by reducing the number of outstanding shares and potentially increasing earnings per share.

Steel Dynamics
Bear Case

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

The stock has experienced volatility, with a recent decline of about 3.3%, which may indicate market uncertainty or negative sentiment affecting the stock price.
Steel Dynamics, Inc. reported earnings per share of $1.36, missing the consensus estimate, which could raise concerns about the company's ability to meet future earnings expectations.
Insider ownership is relatively low at 6.30%, which may suggest a lack of confidence from company executives in the stock's future performance.
The company's debt-to-equity ratio is 0.32, which, while manageable, indicates that the company does carry some debt that could impact financial flexibility in adverse market conditions.
Analysts have mixed ratings, with four holding a "hold" rating, which may suggest caution among some investors regarding the stock's potential for growth.

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 year. 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 13.67% based on their 12-month stock forecasts.
: Over the previous 90 days, Steel Dynamics's stock had 5 upgrades by analysts.
: Steel Dynamics has been rated by research analysts at BMO Capital Markets, JPMorgan Chase & Co., KeyCorp, 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 4/30/2025 by MarketBeat.com Staff

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Steel Dynamics (STLD) Stock Forecast & Price Target