Steel Dynamics Inc
NASDAQ:STLD

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Steel Dynamics Inc
NASDAQ:STLD
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Price: 143.57 USD -0.96% Market Closed
Market Cap: 22.2B USD
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Wall Street
Price Targets

STLD Price Targets Summary
Steel Dynamics Inc

Wall Street analysts forecast STLD stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for STLD is 139.92 USD with a low forecast of 106.05 USD and a high forecast of 168 USD.

Lowest
Price Target
106.05 USD
26% Downside
Average
Price Target
139.92 USD
3% Downside
Highest
Price Target
168 USD
17% Upside

STLD Last Price Targets
Steel Dynamics Inc

The latest public price target was made on Oct 17, 2024 by Alexander Hacking from Citigroup , who expects STLD stock to rise by 11% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Alexander Hacking
Citigroup
160 USD
Upside 11%
1 month ago
Oct 17, 2024
Citi Reiterates Buy Rating on Steel Dynamics (STLD)
StreetInsider
Katja Jancic
BMO Capital
130 USD
Downside 9%
1 month ago
Oct 10, 2024
Steel Dynamics price target raised to $130 from $127 at BMO Capital
TheFly
Lawson Winder
Bank of America Securities
155 USD
Upside 8%
1 month ago
Oct 1, 2024
BofA Securities Upgrades Steel Dynamics (STLD) to Buy
StreetInsider
Lawson Winder
Bank of America Securities
140 USD
Downside 2%
2 months ago
Sep 17, 2024
BofA Securities Reiterates Neutral Rating on Steel Dynamics (STLD)
StreetInsider
Katja Jancic
BMO Capital
127 USD
Downside 12%
2 months ago
Sep 17, 2024
Steel Dynamics (STLD) PT Lowered to $127 at BMO Capital
StreetInsider
Andrew Jones
UBS
145 USD
Upside 1%
2 months ago
Sep 3, 2024
Steel Dynamics upgraded to Buy from Neutral at UBS
TheFly
Carlos De Alba
Morgan Stanley
138 USD
Downside 4%
3 months ago
Aug 15, 2024
Steel Dynamics price target raised to $138 from $134 at Morgan Stanley
TheFly
Katja Jancic
BMO Capital
135 USD
Downside 6%
5 months ago
Jun 18, 2024
Steel Dynamics price target lowered to $135 from $140 at BMO Capital
TheFly
Christopher LaFemina
Jefferies
135 USD
Downside 6%
5 months ago
Jun 17, 2024
Steel Dynamics (STLD) PT Lowered to $135 at Jefferies
StreetInsider
Timna Tanners
Wolfe Research
112 USD
Downside 22%
5 months ago
Jun 17, 2024
Wolfe Research Reiterates Underperform Rating on Steel Dynamics (STLD)
StreetInsider
Christopher LaFemina
Jefferies
150 USD
Upside 4%
6 months ago
May 20, 2024
Jefferies Starts Steel Dynamics (STLD) at Hold
StreetInsider
Katja Jancic
BMO Capital
120 USD
Downside 16%
8 months ago
Mar 18, 2024
Steel Dynamics (STLD) PT Raised to $120 at BMO Capital
StreetInsider
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Alexander Hacking
Citigroup
Price Target 160 USD
Upside/Downside 11%
View Source
Katja Jancic
BMO Capital
Price Target 130 USD
Upside/Downside 9%
View Source
Lawson Winder
Bank of America Securities
Price Target 155 USD
Upside/Downside 8%
View Source
Lawson Winder
Bank of America Securities
Price Target 140 USD
Upside/Downside 2%
View Source
Katja Jancic
BMO Capital
Price Target 127 USD
Upside/Downside 12%
View Source
Andrew Jones
UBS
Price Target 145 USD
Upside/Downside 1%
View Source
Carlos De Alba
Morgan Stanley
Price Target 138 USD
Upside/Downside 4%
View Source
Katja Jancic
BMO Capital
Price Target 135 USD
Upside/Downside 6%
View Source
Christopher LaFemina
Jefferies
Price Target 135 USD
Upside/Downside 6%
View Source
Timna Tanners
Wolfe Research
Price Target 112 USD
Upside/Downside 22%
View Source
Christopher LaFemina
Jefferies
Price Target 150 USD
Upside/Downside 4%
View Source
Katja Jancic
BMO Capital
Price Target 120 USD
Upside/Downside 16%
View Source
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Steel Dynamics Inc Competitors:
Price Targets
2015
Feng Hsin Steel Co Ltd
16% Upside
PENIND
Pennar Industries Ltd
15% Upside
STLC
Stelco Holdings Inc
5% Upside
002392
Beijing Lirr High-temperature Materials Co Ltd
19% Downside
MMFL
MM Forgings Ltd
55% Upside

Revenue
Forecast

Revenue Estimate
Steel Dynamics Inc

For the last 8 years the compound annual growth rate for Steel Dynamics Inc's revenue is 12%. The projected CAGR for the next 3 years is 2%.

12%
Past Growth
2%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Steel Dynamics Inc

For the last 8 years the compound annual growth rate for Steel Dynamics Inc's operating income is 31%. The projected CAGR for the next 3 years is -7%.

31%
Past Growth
-7%
Estimated Growth
Estimates Accuracy
-4%
Average Miss

Net Income
Forecast

Net Income Estimate
Steel Dynamics Inc

The compound annual growth rate of Steel Dynamics Inc's net income for the next 3 years is -8%.

N/A
Past Growth
-8%
Estimated Growth
Estimates Accuracy
31%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is STLD's stock price target?
Price Target
139.92 USD

According to Wall Street analysts, the average 1-year price target for STLD is 139.92 USD with a low forecast of 106.05 USD and a high forecast of 168 USD.

What is Steel Dynamics Inc's Revenue forecast?
Projected CAGR
2%

For the last 8 years the compound annual growth rate for Steel Dynamics Inc's revenue is 12%. The projected CAGR for the next 3 years is 2%.

What is Steel Dynamics Inc's Operating Income forecast?
Projected CAGR
-7%

For the last 8 years the compound annual growth rate for Steel Dynamics Inc's operating income is 31%. The projected CAGR for the next 3 years is -7%.

What is Steel Dynamics Inc's Net Income forecast?
Projected CAGR
-8%

The compound annual growth rate of Steel Dynamics Inc's net income for the next 3 years is -8%.

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