Steel Dynamics (STLD) Stock Forecast & Price Target

$220.39 0.00 (0.00%)

Closing price 07/2/2026 04:00 PM Eastern

Extended Trading

$211.46 -8.93 (-4.05%)

As of 07/2/2026 07:40 PM Eastern

Compare

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

Consensus Rating

Moderate Buy

Based on 12 Analyst Ratings

Sell
0

Hold
5

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

Consensus Price Target

$236.36
7.25% Upside

According to the 12 analysts' twelve-month price targets for Steel Dynamics, the average price target is $236.36. The highest price target for STLD is $291.00, while the lowest price target for STLD is $165.00. The average price target represents a forecasted upside of 7.25% from the current price of $220.39.

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.

Get the Latest News and Ratings for STLD and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Steel Dynamics and its competitors.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

STLD Analyst Ratings Over Time

Type	Current Forecast 7/6/25 to 7/6/26	1 Month Ago 6/6/25 to 6/6/26	3 Months Ago 4/7/25 to 4/7/26	1 Year Ago 7/6/24 to 7/6/25
Strong Buy	1 Strong Buy rating(s)	1 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	5 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$236.36	$224.64	$182.44	$148.00
Forecasted Upside	7.25% Upside	-16.34% Downside	2.97% Upside	12.15% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	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	2.67	2.59	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	7.25% Upside	151.89% Upside	13.30% Upside
News Sentiment Rating	Very 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
6/24/2026	KeyCorp 3 of 5 stars	Samuel McKinney Not Rated	Boost Target	Overweight	$241.00 ➝ $262.00	+7.51%
6/22/2026	Morgan Stanley 3 of 5 stars	Carlos De Not Rated	Boost Target	Equal Weight	$227.00 ➝ $270.00	+8.04%
6/18/2026	Weiss Ratings 5 of 5 stars		Upgrade	Buy (B-) ➝ Buy (B)
6/18/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Timna Tanners Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$293.00 ➝ $291.00	+7.73%
6/18/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lawson Winder Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$285.00 ➝ $280.00	+3.65%
5/21/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Overweight	$270.00	+16.46%
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%
4/14/2026	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
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 01:20 AM 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, July 1, 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 $242, reflecting a strong performance in the market.
The company has shown significant revenue growth, with a year-over-year increase of over 19% in its latest quarterly results.
Steel Dynamics, Inc. has a solid return on equity of 15.54%, indicating effective management and profitability relative to shareholder equity.
The company maintains a healthy current ratio of 3.13, suggesting it has ample short-term assets to cover its liabilities.
With a PEG ratio of 0.49, the stock may be undervalued relative to its earnings growth potential, making it an attractive investment opportunity.

Steel Dynamics
Bear Case

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

The company recently reported earnings per share that slightly missed consensus estimates, which may raise concerns about its short-term performance.
Steel Dynamics, Inc. has a beta of 1.50, indicating higher volatility compared to the market, which could lead to greater risk for investors.
The dividend yield is relatively low at around 0.9%, which may not be attractive for income-focused investors.
Despite revenue growth, the company’s net margin of 7.22% suggests that profitability could be under pressure from rising costs or competition.
The debt-to-equity ratio of 0.46, while manageable, indicates that the company is somewhat leveraged, which could pose risks in a rising interest rate environment.

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 $236.36, with a high forecast of $291.00 and a low forecast of $165.00.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last year. There are currently 5 hold ratings, 6 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 7.25% based on their 12-month stock forecasts.

Over the previous 90 days, Steel Dynamics's stock had 3 upgrades and 1 downgrade by analysts.

Steel Dynamics has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, Citigroup, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, Weiss Ratings, 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 2.67 while the average consensus rating score for "basic materials" companies is 2.59. Learn more on how STLD compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Steel Dynamics Recommendations

This page (NASDAQ:STLD) was last updated on 7/6/2026 by MarketBeat.com Staff.

From Our Partners

Unlock superior investment research and tools.

Get MarketBeat All Access

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

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 upside?

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