Steel Dynamics (STLD) Stock Forecast & Price Target

$131.86 +6.10 (+4.85%)

As of 12:02 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 12 Analyst Ratings

Sell
0

Hold
3

Buy
9

Based on 12 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 12 analysts, 3 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for STLD.

Consensus Price Target

$148.70
12.77% Upside

According to the 12 analysts' twelve-month price targets for Steel Dynamics, the average price target is $148.70. The highest price target for STLD is $155.00, while the lowest price target for STLD is $143.00. The average price target represents a forecasted upside of 12.77% from the current price of $131.86.

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STLD Analyst Ratings Over Time

Type	Current Forecast 8/22/24 to 8/22/25	1 Month Ago 7/23/24 to 7/23/25	3 Months Ago 5/24/24 to 5/24/25	1 Year Ago 8/23/23 to 8/22/24
Strong Buy	1 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)	8 Buy rating(s)	1 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 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	$148.70	$149.33	$147.44	$138.14
Forecasted Upside	12.77% Upside	14.24% Upside	17.65% Upside	16.14% Upside
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	2.83	2.72	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	18.24% Upside	283.66% Upside	11.95% 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
8/14/2025	Wells Fargo & Company 3 of 5 stars		Upgrade	Strong-Buy
7/14/2025	JPMorgan Chase & Co. 2 of 5 stars	Bill Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$138.00 ➝ $150.00	+11.79%
6/20/2025	Morgan Stanley 3 of 5 stars	Carlos De Alba Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$140.00 ➝ $145.00	+16.33%
3/31/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	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%
Get the Latest News and Ratings for STLD and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Steel Dynamics and its competitors with MarketBeat's FREE daily newsletter.
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%
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 Friday at 12:02 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 Wednesday, August 20, 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 $126.76, which reflects a stable market position and potential for growth.
Steel Dynamics, Inc. has a solid market capitalization of approximately $18.66 billion, indicating a strong presence in the steel production and metal recycling industry.
The company recently announced a quarterly dividend of $0.50 per share, translating to an annualized dividend of $2.00, which offers a dividend yield of 1.6%. This can provide a steady income stream for investors.
With a return on equity of 11.88%, Steel Dynamics, Inc. demonstrates effective management and profitability, which can be attractive to investors looking for efficient use of equity capital.
The firm has a relatively low debt-to-equity ratio of 0.43, suggesting a conservative approach to leveraging, which can reduce financial risk for investors.

Steel Dynamics
Bear Case

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

The company reported earnings per share of $2.01 for the last quarter, which was below the consensus estimate of $2.05, indicating potential challenges in meeting market expectations.
Steel Dynamics, Inc. experienced a revenue decline of 1.5% compared to the same quarter last year, which may raise concerns about its growth trajectory.
The price-to-earnings (P/E) ratio is around 18.48, which could be considered high depending on market conditions, suggesting that the stock may be overvalued relative to its earnings.
Analysts anticipate a decrease in earnings per share to 9.01 for the current year, which could signal a downturn in profitability and investor returns.
The company has a beta of 1.38, indicating higher volatility compared to the market, which may pose risks for more conservative investors.

STLD Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Steel Dynamics is $148.70, with a high forecast of $155.00 and a low forecast of $143.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last twelve months. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating 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 12.77% based on their 12-month stock forecasts.
: Over the previous 90 days, Steel Dynamics's stock had 1 upgrade by analysts.
: Steel Dynamics has been rated by research analysts at JPMorgan Chase & Co., Morgan Stanley, and Wells Fargo & Company in the past 90 days.
: Analysts like Steel Dynamics more than other "basic materials" companies. The consensus rating score for Steel Dynamics is 2.83 while the average consensus rating score for "basic materials" companies is 2.72. Learn more on how STLD compares to other companies.

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This page (NASDAQ:STLD) was last updated on 8/22/2025 by MarketBeat.com Staff

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Steel Dynamics (STLD) Stock Forecast & Price Target