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Home โบ Stocks โบ Reliance Inc. (RS) Stock Forecast & Price Prediction United States | NYSE | Basic Materials | Steel
$335.99
+0.63 (0.19%)Did RS Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Reliance Steel is one of their latest high-conviction picks.
Based on our analysis of 15 Wall Street analysts, RS has a neutral consensus with a median price target of $335.00 (ranging from $300.00 to $341.00). The overall analyst rating is Buy (7.0/10). Currently trading at $335.99, the median forecast implies a -0.3% downside. This outlook is supported by 2 Buy, 6 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Samuel McKinney at Keybanc, projecting a 1.5% upside. Conversely, the most conservative target is provided by Philip Gibbs at Keybanc, suggesting a 10.7% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RS.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Apr 16, 2026 | Wells Fargo | Timna Tanners | Equal-Weight | Maintains | $330.00 |
| Apr 14, 2026 | JP Morgan | Bennett Moore | Neutral | Maintains | $340.00 |
| Mar 25, 2026 | Keybanc | Samuel McKinney | Overweight | Assumes | $341.00 |
| Mar 2, 2026 | Wells Fargo | Timna Tanners | Equal-Weight | Maintains | $323.00 |
| Feb 20, 2026 | Wells Fargo | Timna Tanners | Equal-Weight | Maintains | $315.00 |
| Feb 20, 2026 | JP Morgan | Bennett Moore | Neutral | Downgrade | $330.00 |
| Feb 20, 2026 | BMO Capital | Katja Jancic | Market Perform | Downgrade | $320.00 |
| Dec 5, 2025 | JP Morgan | Bennett Moore | Overweight | Maintains | $340.00 |
| Nov 14, 2025 | Wells Fargo | Timna Tanners | Equal-Weight | Maintains | $287.00 |
| Oct 24, 2025 | Wells Fargo | Timna Tanners | Equal-Weight | Maintains | $284.00 |
| Oct 24, 2025 | BMO Capital | Katja Jancic | Outperform | Maintains | $315.00 |
| Oct 13, 2025 | JP Morgan | Bennett Moore | Overweight | Maintains | $345.00 |
| Sep 9, 2025 | JP Morgan | Bennett Moore | Overweight | Initiates | $350.00 |
| Aug 14, 2025 | Wells Fargo | Timna Tanners | Equal-Weight | Initiates | $296.00 |
| Feb 24, 2025 | Keybanc | Philip Gibbs | Overweight | Maintains | $327.00 |
| Jan 22, 2025 | Keybanc | Philip Gibbs | Overweight | Maintains | $321.00 |
| Dec 2, 2024 | Goldman Sachs | Mike Harris | Neutral | Initiates | $341.00 |
| Oct 25, 2024 | BMO Capital | Katja Jancic | Outperform | Maintains | $330.00 |
| Oct 14, 2024 | Keybanc | Philip Gibbs | Overweight | Maintains | $325.00 |
| Jul 26, 2024 | Wolfe Research | Timna Tanners | Underperform | Downgrade | $N/A |
The following stocks are similar to Reliance Steel based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Reliance Inc. has a market capitalization of $17.57B with a P/E ratio of 23.3x. The company generates $14.29B in trailing twelve-month revenue with a 5.2% profit margin.
Revenue growth is +11.9% quarter-over-quarter, while maintaining an operating margin of +5.5% and return on equity of +10.3%.
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Provides diversified metal solutions and services.
The company operates a network of service centers that distribute over 100,000 metal products, specializing in quick turnaround times for small orders. Reliance Inc. generates revenue through value-added processing services and serves over 125,000 customers across various industries, including construction, manufacturing, and aerospace.
Founded in 1939 and headquartered in Phoenix, Arizona, Reliance Inc. has a strong presence in 41 U.S. states and 10 countries. Its focus on rapid fulfillment and diverse inventory positions it as a vital player in the metals distribution market.
Basic Materials
Steel
15,900
Ms. Karla R. Lewis CPA
United States
1994
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Reliance, Inc. (NYSE:RS) will release Q1 2026 financial results on April 22, 2026, after market close, with a conference call on April 23 at 11:00 a.m. ET.
Reliance, Inc.'s upcoming earnings report and conference call may impact stock performance and investor sentiment, providing insights into financial health and future outlook.
RS benefits from acquisitions, strong liquidity, and construction demand. However, risks include tariff-driven costs and weak demand in the semiconductor and aerospace sectors.
RS's growth from acquisitions and strong liquidity signals potential upside, while tariff impacts and weak demand in key sectors highlight risks that could affect profitability.
Reliance Industries reported earnings 30 days ago; investors should watch for potential stock movement and updates following the earnings announcement.
Earnings reports can influence stock price and investor sentiment. Reliance's recent earnings may signal future performance, impacting trading strategies and market forecasts.
Reliance's AMI Metals secured US government contracts to supply steel for Southwest border projects and process aluminum for Lockheed Martin's defense programs.
Reliance's contracts with the US government indicate strong demand for its products, enhancing revenue potential and market position, which may positively impact stock performance.
Reliance, Inc. (NYSE: RS) announced two major contracts: a $2.24 billion deal with DHS for steel logistics and a $654 million IDIQ contract with Lockheed Martin for aluminum plate.
Reliance, Inc.'s contracts with DHS and Lockheed Martin enhance revenue potential and market position in defense, signaling growth opportunities that could positively impact stock performance.
Based on our analysis of 15 Wall Street analysts, Reliance Inc. (RS) has a median price target of $335.00. The highest price target is $341.00 and the lowest is $300.00.
According to current analyst ratings, RS has 2 Buy ratings, 6 Hold ratings, and 0 Sell ratings. The stock is currently trading at $335.99. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RS stock could reach $335.00 in the next 12 months. This represents a -0.3% decrease from the current price of $335.99. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates a network of service centers that distribute over 100,000 metal products, specializing in quick turnaround times for small orders. Reliance Inc. generates revenue through value-added processing services and serves over 125,000 customers across various industries, including construction, manufacturing, and aerospace.
The highest price target for RS is $341.00 from Samuel McKinney at Keybanc, which represents a 1.5% increase from the current price of $335.99.
The lowest price target for RS is $300.00 from Philip Gibbs at Keybanc, which represents a -10.7% decrease from the current price of $335.99.
The overall analyst consensus for RS is neutral. Out of 15 Wall Street analysts, 2 rate it as Buy, 6 as Hold, and 0 as Sell, with a median price target of $335.00.
Stock price projections, including those for Reliance Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.