Steel Dynamics (STLD) Stock Forecast & Price Target

$274.24 -8.52 (-3.01%)

As of 12:29 PM Eastern

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Steel Dynamics - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 12 Analyst Ratings

Sell
1

Hold
4

Buy
7

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, 1 has given a sell rating, 4 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for STLD.

Consensus Price Target

$224.64
-18.09% Downside

According to the 12 analysts' twelve-month price targets for Steel Dynamics, the average price target is $224.64. The highest price target for STLD is $293.00, while the lowest price target for STLD is $165.00. The average price target represents a forecasted downside of -18.09% from the current price of $274.24.

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.

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STLD Analyst Ratings Over Time

Type	Current Forecast 6/15/25 to 6/15/26	1 Month Ago 5/16/25 to 5/16/26	3 Months Ago 3/17/25 to 3/17/26	1 Year Ago 6/15/24 to 6/15/25
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	8 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$224.64	$214.30	$184.22	$147.44
Forecasted Upside	-18.09% Downside	-6.56% Downside	6.72% Upside	10.46% Upside
Consensus Rating	Moderate Buy	Hold	Moderate Buy	Moderate Buy

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	Broader Market
Consensus Rating Score	2.58	2.58	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-18.38% Downside	164.07% Upside	13.47% 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

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
6/4/2026	Wells Fargo & Company 3 of 5 stars	Timna Tanners Not Rated	Boost Target	Overweight	$235.00 ➝ $293.00	+6.50%
5/21/2026	Barclays 3 of 5 stars		Initiated Coverage	Overweight	$270.00	+16.46%
4/30/2026	Bank of America 4 of 5 stars		Downgrade	Buy ➝ Neutral	$250.00	+11.42%
4/29/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold (C) ➝ Buy (B-)
4/22/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Alexander Hacking Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$180.00 ➝ $255.00	+12.32%
4/22/2026	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Katja Jancic Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$195.00 ➝ $240.00	+6.15%
4/22/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Samuel McKinney Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$190.00 ➝ $241.00	+9.44%
4/14/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Bill Peterson Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$192.00 ➝ $205.00	+4.51%
3/17/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Christopher LeFemina Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy
3/17/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Carlos De Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Underperform	$190.00	+10.53%
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.
11/4/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andrew Jones Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$165.00	+5.79%
10/31/2025	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target	Neutral	$172.00	+8.86%
2/27/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	T. Tanners Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Underperform ➝ Peer Perform
1/3/2025	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	T. Gresser Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:29 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 Thursday, June 11, 2026. 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 $234, reflecting a strong market position and investor interest in the company.
Steel Dynamics, Inc. has a solid dividend yield of approximately 0.8%, providing a steady income stream for shareholders.
Insider ownership stands at 6.60%, indicating that executives have a vested interest in the company's performance, which can align their goals with those of shareholders.
Institutional investors own a significant 82.41% of the company's stock, suggesting strong confidence from large financial entities in Steel Dynamics, Inc.'s future prospects.
The company has shown growth in its operations, with recent increases in stakes by institutional investors, reflecting positive market sentiment.

Steel Dynamics
Bear Case

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

Recent insider selling, including significant transactions by executives, may raise concerns about the company's future performance and insider confidence.
The dividend payout ratio is currently at 22.67%, which, while sustainable, may limit the company's ability to reinvest in growth opportunities.
Market volatility in the steel industry can impact Steel Dynamics, Inc.'s profitability, making it a potentially risky investment.
With a high percentage of institutional ownership, any shifts in investment strategies by these entities could lead to significant stock price fluctuations.
Recent insider sales totaling over $5 million could signal potential issues within the company that may not be immediately apparent to 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 $224.64, with a high forecast of $293.00 and a low forecast of $165.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last year. There is currently 1 sell rating, 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STLD shares.

According to analysts, Steel Dynamics's stock has a predicted downside of -18.09% based on their 12-month stock forecasts.

Over the previous 90 days, Steel Dynamics's stock had 2 upgrades and 1 downgrade by analysts.

Steel Dynamics has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Steel Dynamics less than other "basic materials" companies. The consensus rating score for Steel Dynamics is 2.58 while the average consensus rating score for "basic materials" companies is 2.58. Learn more on how STLD compares to other companies.

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This page (NASDAQ:STLD) was last updated on 6/15/2026 by MarketBeat.com Staff.

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Steel Dynamics (STLD) Stock Forecast & Price Target

Steel Dynamics - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

STLD Analyst Ratings Over Time

STLD Analyst Recommendations By Month

STLD Price Targets by Month

Steel Dynamics Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Steel Dynamics
Bull Case

Steel Dynamics
Bear Case

STLD Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Steel Dynamics Recommendations

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Steel Dynamics (STLD) Stock Forecast & Price Target

Steel Dynamics - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

STLD Analyst Ratings Over Time

STLD Analyst Recommendations By Month

STLD Price Targets by Month

Steel Dynamics Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Steel Dynamics Bull Case

Steel Dynamics Bear Case

STLD Forecast - Frequently Asked Questions

What is Steel Dynamics' forecast for 2026?

Should I buy or sell Steel Dynamics stock right now?

Does Steel Dynamics's stock price have much downside?

Has Steel Dynamics been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Steel Dynamics?

Do Wall Street analysts like Steel Dynamics more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Steel Dynamics Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Steel Dynamics
Bull Case

Steel Dynamics
Bear Case