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Steel Dynamics, Inc.

STLDNASDAQMaterialsSteel

$241.53Today:- (-)1Y +59.17%

As of Oct 23, 2026 close

Market cap
$34.92B
P/E (TTM)
21.73
Forward P/E
14.10
Dividend yield
0.87%
52-week range
$146.11$288.74
Volume (live)
-
Avg. volume (3M)
991.28K

Steel Dynamics, Inc. (STLD) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Steel Dynamics, Inc. stock.

Analyst Consensus Rating

Investment consensus from 11 professional research analysts

Consensus Rating

Buy
Based on 11 unique analysts
(28 total ratings in last 90 days)
High Confidence∞:1 Buy/Sell

Average Price Target

$274.60
+13.69% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest STLD Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Samuel McKinney
KeyBanc
BuyMaintains
$265.00
Richard Garchitorena
Barclays
BuyMaintains
$285.00 → $280.00
Bill Peterson
JP Morgan
HoldMaintains
$260.00
Nick Cash
Goldman Sachs
BuyReiterates
$299.00
Katja Jancic
BMO Capital
BuyMaintains
$290.00
Timna Tanners
Wells Fargo
BuyMaintains
$257.00 → $271.00
Carlos De Alba
Morgan Stanley
HoldReiterates
$260.00
Lawson Winder
BofA Securities
HoldMaintains
$260.00 → $270.00
Lawson Winder
BofA Securities
HoldMaintains
$260.00 → $270.00
Andrew Jones CFA
UBS
HoldMaintains
$276.00
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-
Bill Peterson
JP Morgan
HoldMaintains
$272.00 → $260.00
Nick Cash
Goldman Sachs
BuyMaintains
$299.00
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
Carlos De Alba
Morgan Stanley
HoldReiterates
$260.00
Nick Cash
Goldman Sachs
BuyMaintains
$301.00 → $299.00
Richard Garchitorena
Barclays
BuyMaintains
$272.00
Lawson Winder
BofA Securities
HoldMaintains
$260.00
Katja Jancic
BMO Capital
BuyMaintains
$296.00
Bill Peterson
JP Morgan
HoldReiterates
$273.00 → $272.00
Timna Tanners
Wells Fargo
BuyMaintains
$255.00 → $257.00
Nick Cash
Goldman Sachs
BuyMaintains
$301.00 → $299.00
Katja Jancic
BMO Capital
BuyMaintains
$296.00
Timna Tanners
Wells Fargo
BuyMaintains
$255.00 → $257.00
Unknown Analyst
Wolfe Research
BuyMaintains
$255.00 → $275.00
Andrew Jones CFA
UBS
HoldMaintains
$165.00 → $276.00

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 23, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for STLD?

The analyst consensus rating for STLD is Buy, based on the latest ratings from 11 analysts over the last 90 days.

What is the average price target for STLD?

The average 12-month price target for STLD is $274.60, representing an upside of 13.7% from the Oct 23, 2026 close of $241.53.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.