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STLD Stock Forecast: Steel Dynamics Inc. Price Predictions for 2026

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$200.32

+4.57 (2.33%)

STLD Stock Forecast 2026-2027

$200.32
Current Price
$29.02B
Market Cap
11 Ratings
Buy 8
Hold 2
Sell 1
Wall St Analyst Ratings

Distance to STLD Price Targets

+9.8%
To High Target of $220.00
-2.7%
To Median Target of $195.00
-28.7%
To Low Target of $142.73

STLD Price Momentum

+2.5%
1 Week Change
+22.2%
1 Month Change
+69.3%
1 Year Change
+18.2%
Year-to-Date Change
-3.9%
From 52W High of $208.47
+77.7%
From 52W Low of $112.72
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Latest STLD Stock Price Targets & Analyst Predictions

Based on our analysis of 23 Wall Street analysts, STLD has a bullish consensus with a median price target of $195.00 (ranging from $142.73 to $220.00). The overall analyst rating is Strong Buy (8.4/10). Currently trading at $200.32, the median forecast implies a -2.7% downside. This outlook is supported by 8 Buy, 2 Hold, and 1 Sell ratings.

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.

STLD Analyst Ratings

8
Buy
2
Hold
1
Sell

STLD Price Target Range

Low
$142.73
Average
$195.00
High
$220.00
Current: $200.32

Latest STLD Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for STLD.

Date Firm Analyst Rating Change Price Target
Apr 16, 2026 Wells Fargo Timna Tanners Overweight Maintains $207.00
Apr 14, 2026 JP Morgan Bill Peterson Neutral Maintains $205.00
Mar 25, 2026 Keybanc Samuel McKinney Overweight Assumes $190.00
Mar 18, 2026 Wells Fargo Timna Tanners Overweight Maintains $196.00
Mar 18, 2026 JP Morgan Bill Peterson Neutral Maintains $192.00
Mar 2, 2026 Wells Fargo Timna Tanners Overweight Maintains $210.00
Jan 9, 2026 Morgan Stanley Carlos De Alba Equal-Weight Downgrade $194.00
Dec 15, 2025 Wells Fargo Timna Tanners Overweight Maintains $190.00
Dec 10, 2025 Jefferies Christopher LeFemina Buy Maintains $190.00
Dec 5, 2025 JP Morgan Bill Peterson Neutral Maintains $190.00
Nov 14, 2025 Wells Fargo Timna Tanners Overweight Maintains $172.00
Nov 4, 2025 UBS Andrew Jones Neutral Downgrade $165.00
Oct 29, 2025 Citigroup Alexander Hacking Buy Maintains $180.00
Oct 27, 2025 Keybanc Philip Gibbs Overweight Maintains $165.00
Oct 24, 2025 Morgan Stanley Carlos De Alba Overweight Maintains $173.00
Oct 22, 2025 Wells Fargo Timna Tanners Overweight Maintains $169.00
Oct 22, 2025 Jefferies Christopher LeFemina Buy Maintains $180.00
Oct 22, 2025 BMO Capital Katja Jancic Outperform Maintains $167.00
Oct 13, 2025 JP Morgan Bill Peterson Neutral Maintains $160.00
Sep 15, 2025 Wells Fargo Timna Tanners Overweight Maintains $150.00

Steel Dynamics Inc. (STLD) Competitors

The following stocks are similar to Steel Dynamics based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Steel Dynamics Inc. (STLD) Financial Data

Steel Dynamics Inc. has a market capitalization of $29.02B with a P/E ratio of 25.1x. The company generates $18.18B in trailing twelve-month revenue with a 6.5% profit margin.

Revenue growth is +14.0% quarter-over-quarter, while maintaining an operating margin of +7.0% and return on equity of +13.3%.

Valuation Metrics

Market Cap $29.02B
Enterprise Value $32.61B
P/E Ratio 25.1x
PEG Ratio 0.7x
Price/Sales 1.6x

Growth & Margins

Revenue Growth (YoY) +14.0%
Gross Margin +12.0%
Operating Margin +7.0%
Net Margin +6.5%
EPS Growth +28.3%

Financial Health

Cash/Price Ratio +2.7%
Current Ratio 3.1x
Debt/Equity 49.1x
ROE +13.3%
ROA +5.9%
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Steel Dynamics Inc. logo

Steel Dynamics Inc. (STLD) Business Model

About Steel Dynamics Inc.

What They Do

Produces sustainable steel and metal solutions.

Business Model

The company operates a circular manufacturing model, primarily generating revenue through the production of steel products using recycled scrap. It integrates various operations including steel production, metals recycling, and steel fabrication, allowing it to efficiently manage resources and reduce costs while meeting diverse customer needs across different sectors.

Additional Information

Steel Dynamics Inc. is one of the largest steel producers and metal recyclers in North America, with a strong emphasis on sustainability and innovation. It serves multiple markets, including non-residential construction and automotive sectors, and has a robust operational presence in both the United States and Mexico. Founded in 1993, the company is headquartered in Fort Wayne, Indiana.

Company Information

Sector

Basic Materials

Industry

Steel

Employees

14,400

CEO

Mr. Mark D. Millett

Country

United States

IPO Year

1996

Steel Dynamics Inc. (STLD) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Steel Dynamics (STLD) Earnings Expected to Grow: Should You Buy?

Steel Dynamics (STLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Apr 13, 2026 By Zacks Equity Research Tale of the Tape

Steel Dynamics (STLD) Surpasses Market Returns: Some Facts Worth Knowing

Steel Dynamics (STLD) closed the most recent trading day at $190, moving +1.3% from the previous trading session.

Apr 09, 2026 By Zacks Equity Research Tale of the Tape

Latest News

STLD stock latest news image
Quick Summary

Steel Dynamics (STLD) is expected to report on key metrics for Q1 2026, alongside analysts' revenue and earnings estimates, providing insights into its business performance.

Why It Matters

Projections for Steel Dynamics' key metrics provide insight into growth potential and operational efficiency, influencing stock performance and investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive
STLD stock latest news image
Quick Summary

Zacks Style Scores help investors identify top-rated stocks tailored to their investing style, providing a useful tool for stock selection.

Why It Matters

The Zacks Style Scores can help identify high-potential stocks aligned with specific investing strategies, aiding in better investment decisions and potentially enhancing returns.

Source: Zacks Investment Research
Market Sentiment: Positive
STLD stock latest news image
Quick Summary

Steel Dynamics (STLD) is not expected to meet key criteria for an earnings beat in its upcoming report, indicating potential challenges ahead for investors.

Why It Matters

Steel Dynamics may underperform in its upcoming earnings report, signaling potential declines in stock performance and affecting investor confidence in the company's financial health.

Source: Zacks Investment Research
Market Sentiment: Neutral
STLD stock latest news image
Quick Summary

Steel Dynamics, Inc. (NASDAQ: STLD) will release its Q1 2026 financial results on April 20, 2026, after market close.

Why It Matters

Steel Dynamics' upcoming Q1 2026 financial results release could impact stock performance, affecting investor sentiment and market strategies based on earnings trends and forecasts.

Source: PRNewsWire
Market Sentiment: Neutral
STLD stock latest news image
Quick Summary

Steel Dynamics (STLD) closed at $190, reflecting a 1.3% increase from the prior trading session.

Why It Matters

Steel Dynamics' recent stock price increase of 1.3% signals positive market sentiment and potential growth, which could attract investor interest and impact future valuations.

Source: Zacks Investment Research
Market Sentiment: Positive
STLD stock latest news image
Quick Summary

Steel Dynamics (STLD) closed at $182.85, up 1.58% from the previous trading session.

Why It Matters

Steel Dynamics' price increase indicates positive market sentiment and potential growth, signaling confidence in the company's performance and possibly impacting investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About STLD Stock

What is Steel Dynamics Inc.'s (STLD) stock forecast for 2026?

Based on our analysis of 23 Wall Street analysts, Steel Dynamics Inc. (STLD) has a median price target of $195.00. The highest price target is $220.00 and the lowest is $142.73.

Is STLD stock a good investment in 2026?

According to current analyst ratings, STLD has 8 Buy ratings, 2 Hold ratings, and 1 Sell ratings. The stock is currently trading at $200.32. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for STLD stock?

Wall Street analysts predict STLD stock could reach $195.00 in the next 12 months. This represents a -2.7% decrease from the current price of $200.32. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Steel Dynamics Inc.'s business model?

The company operates a circular manufacturing model, primarily generating revenue through the production of steel products using recycled scrap. It integrates various operations including steel production, metals recycling, and steel fabrication, allowing it to efficiently manage resources and reduce costs while meeting diverse customer needs across different sectors.

What is the highest forecasted price for STLD Steel Dynamics Inc.?

The highest price target for STLD is $220.00 from at , which represents a 9.8% increase from the current price of $200.32.

What is the lowest forecasted price for STLD Steel Dynamics Inc.?

The lowest price target for STLD is $142.73 from at , which represents a -28.7% decrease from the current price of $200.32.

What is the overall STLD consensus from analysts for Steel Dynamics Inc.?

The overall analyst consensus for STLD is bullish. Out of 23 Wall Street analysts, 8 rate it as Buy, 2 as Hold, and 1 as Sell, with a median price target of $195.00.

How accurate are STLD stock price projections?

Stock price projections, including those for Steel Dynamics 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.

Important Disclaimer

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.

Last updated: April 19, 2026 8:34 PM UTC
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