Steel Dynamics (STLD) Stock Forecast & Price Target

$130.71 -4.36 (-3.23%)

Closing price 02/21/2025 04:00 PM Eastern

Extended Trading

$130.74 +0.03 (+0.02%)

As of 02/21/2025 07:25 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 10 Analyst Ratings

Sell
0

Hold
5

Buy
5

Based on 10 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 10 analysts, 5 have given a hold rating, and 5 have given a buy rating for STLD.

Consensus Price Target

$146.22
11.87% Upside

According to the 10 analysts' twelve-month price targets for Steel Dynamics, the average price target is $146.22. The highest price target for STLD is $155.00, while the lowest price target for STLD is $132.00. The average price target represents a forecasted upside of 11.87% from the current price of $130.71.

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.

STLD Analyst Ratings Over Time

Type	Current Forecast 2/23/24 to 2/22/25	1 Month Ago 1/24/24 to 1/23/25	3 Months Ago 11/25/23 to 11/24/24	1 Year Ago 2/23/23 to 2/23/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	5 Hold rating(s)	6 Hold rating(s)	4 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	$146.22	$140.88	$144.29	$112.75
Forecasted Upside	11.87% Upside	15.12% Upside	0.50% Upside	-11.23% Downside
Consensus Rating	Moderate Buy	Hold	Hold	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	2.50	2.76	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	11.87% Upside	149.41% Upside	14.36% 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
2/11/2025	KeyCorp 3 of 5 stars	Philip Gibbs Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sector Weight ➝ Overweight	$155.00	+16.66%
2/3/2025	Morgan Stanley 3 of 5 stars	Carlos De Alba Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$131.00 ➝ $145.00	+13.41%
1/24/2025	Jefferies Financial Group 2 of 5 stars	Christopher LeFemina Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$125.00 ➝ $145.00	+18.49%
1/17/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Bill Peterson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$134.00 ➝ $132.00	+5.60%
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%
12/12/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Woodworth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Neutral	$145.00 ➝ $149.00	+11.57%
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%
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%
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.
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 Saturday at 04:20 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 Friday, February 21, 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 shown strong financial health with a current ratio of 2.53, indicating that the company has more than enough assets to cover its liabilities, which is a positive sign for investors.
The company reported a return on equity of 17.32%, demonstrating effective management and profitability relative to shareholder equity, which can attract investors looking for solid returns.
Recent analyst upgrades, including a price target increase to $145.00, suggest that market experts are optimistic about the company's future performance, potentially leading to stock price appreciation.
As of the latest trading session, Steel Dynamics, Inc. shares are priced at $136.76, which is within a reasonable range compared to its 12-month high of $155.56, indicating potential for growth.
Steel Dynamics, Inc. has a relatively low debt-to-equity ratio of 0.32, suggesting that the company is not overly reliant on debt for financing, 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 recently reported earnings per share (EPS) of $1.36, which missed analysts' expectations of $1.69, indicating potential challenges in meeting market forecasts.
Steel Dynamics, Inc. experienced a significant decline in EPS compared to the previous year, where it earned $2.61, raising concerns about its profitability trajectory.
Despite a strong market position, the stock has seen fluctuations, with a 12-month low of $104.60, which may indicate volatility and risk for investors.
Insider selling activity, such as the recent sale of 23,649 shares by a senior vice president, could signal a lack of confidence in the company's short-term prospects.
With a net margin of 8.76%, while positive, it may not be as competitive compared to industry peers, which could affect investor sentiment.

STLD Forecast - Frequently Asked Questions

: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Steel Dynamics is $146.22, with a high forecast of $155.00 and a low forecast of $132.00.
: 10 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 5 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 11.87% based on their 12-month stock forecasts.
: Over the previous 90 days, Steel Dynamics's stock had 3 upgrades by analysts.
: Steel Dynamics has been rated by research analysts at BNP Paribas, Citigroup, Jefferies Financial Group, JPMorgan Chase & Co., KeyCorp, Morgan Stanley, The Goldman Sachs Group, and UBS Group in the past 90 days.
: Analysts like Steel Dynamics less than other "basic materials" companies. The consensus rating score for Steel Dynamics is 2.50 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how STLD compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NASDAQ:STLD) was last updated on 2/22/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

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