The latest price target for Steel Dynamics (NASDAQ:STLD) was reported by Citigroup on April 22, 2026. The analyst firm set a price target for $255.00 expecting STLD to rise to within 12 months (a possible 14.13% upside). 27 analyst firms have reported ratings in the last year.

The latest analyst rating for Steel Dynamics (NASDAQ:STLD) was provided by Citigroup, and Steel Dynamics maintained their buy rating.

The last upgrade for Steel Dynamics Inc happened on March 31, 2025 when BMO Capital raised their price target to $145. BMO Capital previously had a market perform for Steel Dynamics Inc.

The last downgrade for Steel Dynamics Inc happened on January 9, 2026 when Morgan Stanley changed their price target from $173 to $194 for Steel Dynamics Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Steel Dynamics, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Steel Dynamics was filed on April 22, 2026 so you should expect the next rating to be made available sometime around April 22, 2027.

While ratings are subjective and will change, the latest Steel Dynamics (STLD) rating was a maintained with a price target of $180.00 to $255.00. The current price Steel Dynamics (STLD) is trading at is $223.42, which is within the analyst’s predicted range.