Steel Dynamics (STLD) Stock Forecast & Price Target

$247.11 +6.54 (+2.72%)

Closing price 07/24/2026 04:00 PM Eastern

Extended Trading

$247.22 +0.10 (+0.04%)

As of 07/24/2026 07:34 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
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, and 7 have given a buy rating for STLD.

Consensus Price Target

$237.36
-3.94% Downside

According to the 12 analysts' twelve-month price targets for Steel Dynamics, the average price target is $237.36. The highest price target for STLD is $275.00, while the lowest price target for STLD is $165.00. The average price target represents a forecasted downside of -3.94% from the current price of $247.11.

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 7/26/25 to 7/26/26	1 Month Ago 6/26/25 to 6/26/26	3 Months Ago 4/27/25 to 4/27/26	1 Year Ago 7/26/24 to 7/26/25
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	8 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$237.36	$236.36	$210.33	$149.33
Forecasted Upside	-3.94% Downside	-3.72% Downside	-6.54% Downside	14.14% 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	2.58	2.60	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-3.94% Downside	161.92% Upside	14.30% 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
7/22/2026	KeyCorp 2 of 5 stars	Samuel McKinney Not Rated	Reiterated Rating	Overweight
7/22/2026	Morgan Stanley 3 of 5 stars	Carlos De Alba 4 of 5 stars	Lower Target	Equal Weight	$270.00 ➝ $260.00	+9.40%
7/22/2026	Wells Fargo & Company 3 of 5 stars	Timna Tanners Not Rated	Lower Target	Overweight	$291.00 ➝ $275.00	+17.76%
7/22/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Richard Garchitorena Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$270.00 ➝ $272.00	+16.48%
7/22/2026	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	$256.00 ➝ $260.00	+9.65%
7/9/2026	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	$280.00 ➝ $260.00	+13.66%
6/18/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Buy (B-) ➝ 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%
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
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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	Tristan 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 Sunday at 09:58 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 Sunday, July 19, 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.:

Steel Dynamics, Inc. has shown strong revenue growth, with a notable increase of over 19% compared to the same quarter last year, indicating robust demand for its products.
The company recently declared a quarterly dividend of $0.53 per share, translating to an annualized dividend of $2.12, which offers a yield of approximately 0.9%, providing a steady income stream for investors.
Current stock price trends suggest that Steel Dynamics, Inc. is performing well in the market, making it an attractive option for potential investors looking for growth opportunities.
With a relatively low dividend payout ratio of 22.67%, Steel Dynamics, Inc. retains a significant portion of its earnings for reinvestment, which could lead to further growth and increased shareholder value.
The company operates an integrated network of mini-mills and recycling facilities, allowing it to efficiently produce a wide range of steel products while also capitalizing on the growing demand for sustainable practices in manufacturing.

Steel Dynamics
Bear Case

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

Insider selling activity has been observed, with significant shares sold by senior executives, which may raise concerns about their confidence in the company's future performance.
The stock has experienced fluctuations, and while it has shown growth, market volatility could pose risks for investors looking for stability.
Steel Dynamics, Inc. operates in a highly competitive industry, and any downturn in the steel market could adversely affect its profitability and stock performance.
Analysts have varying predictions for earnings per share, with estimates around 16.92 to 17.27 for the current fiscal year, indicating uncertainty in future earnings growth.
The company's reliance on the steel market means that external factors such as tariffs, trade policies, and global demand can significantly impact its operations and financial health.

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 $237.36, with a high forecast of $275.00 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 twelve months. There are currently 5 hold ratings and 7 buy ratings 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 -3.94% 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, 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 2.60. Learn more on how STLD compares to other companies.

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This page (NASDAQ:STLD) was last updated on 7/26/2026 by MarketBeat.com Staff.

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Steel Dynamics (STLD) Stock Forecast & Price Target