Steel Dynamics (STLD) Stock Forecast & Price Target

$127.81 +1.15 (+0.91%)

As of 02:14 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
4

Buy
7

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, 4 have given a hold rating, and 7 have given a buy rating for STLD.

Consensus Price Target

$148.56
16.23% Upside

According to the 11 analysts' twelve-month price targets for Steel Dynamics, the average price target is $148.56. The highest price target for STLD is $158.00, while the lowest price target for STLD is $135.00. The average price target represents a forecasted upside of 16.23% from the current price of $127.81.

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STLD Analyst Ratings Over Time

Type	Current Forecast 3/25/24 to 3/25/25	1 Month Ago 2/24/24 to 2/23/25	3 Months Ago 12/26/23 to 12/25/24	1 Year Ago 3/26/23 to 3/25/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)
Hold	4 Hold rating(s)	5 Hold rating(s)	6 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	$148.56	$146.22	$144.25	$118.13
Forecasted Upside	16.23% Upside	11.87% Upside	23.23% Upside	-18.05% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Hold	Hold

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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	2.64	2.77	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	17.29% Upside	138.89% Upside	16.92% Upside
News Sentiment Rating	Positive News See Recent STLD News	Positive News	Positive News

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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
3/24/2025	UBS Group 4 of 5 stars	A. Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$149.00	+21.46%
3/11/2025	JPMorgan Chase & Co. 3 of 5 stars	Bill Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$132.00 ➝ $140.00	+15.08%
3/7/2025	Morgan Stanley 3 of 5 stars	Carlos De Alba Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$145.00 ➝ $158.00	+26.15%
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%
10/18/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform ➝ Market Perform	$130.00 ➝ $135.00	-0.78%
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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%
4/21/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$106.00 ➝ $115.00	+3.18%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:14 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 Sunday, March 23, 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.:

Steel Dynamics, Inc. has initiated a stock buyback program allowing the repurchase of $1.50 billion in outstanding shares, indicating that the board believes the stock is undervalued, which can enhance shareholder value.
The company recently increased its quarterly dividend from $0.46 to $0.50 per share, reflecting a commitment to returning capital to shareholders and a healthy dividend payout ratio of 20.41%.
Steel Dynamics, Inc. has a strong return on equity of 17.32%, suggesting effective management and profitability relative to shareholder equity, which is attractive to investors looking for efficient capital use.
The current stock price is $122.67, which is below its 1-year high of $155.56, potentially offering a buying opportunity for investors looking for growth as the stock may rebound.
Analysts have a consensus rating of "Moderate Buy" with a target price of $148.56, indicating positive sentiment and potential for price appreciation in the near term.

Steel Dynamics
Bear Case

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

The company reported earnings per share of $1.36 in its latest quarter, missing analysts' expectations of $1.69, which may raise concerns about its short-term profitability.
Steel Dynamics, Inc. has experienced a decline in earnings per share compared to the same quarter last year, where it earned $2.61, indicating potential challenges in maintaining profitability.
The stock has recently traded down 3.1%, which may signal market volatility or investor uncertainty regarding the company's future performance.
With a net margin of 8.76%, there may be concerns about the company's ability to maintain profitability in a competitive market, which could affect long-term growth prospects.
Recent analyst reports show mixed ratings, with some firms maintaining a "neutral" stance, suggesting that there may be hesitance in the market regarding the stock's future performance.

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 $148.56, with a high forecast of $158.00 and a low forecast of $135.00.
: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Steel Dynamics in the last year. There are currently 4 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 upside of 16.23% based on their 12-month stock forecasts.
: Over the previous 90 days, Steel Dynamics's stock had 6 upgrades by analysts.
: Steel Dynamics has been rated by research analysts at BNP Paribas, Jefferies Financial Group, 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 2.64 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 3/25/2025 by MarketBeat.com Staff

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Steel Dynamics (STLD) Stock Forecast & Price Target