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$135.38
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$135.38
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Steel Dynamics Analyst Ratings and Price Targets | NASDAQ:STLD | Benzinga
Steel Dynamics Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Steel Dynamics Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
JP Morgan
BMO Capital
UBS
Keybanc
1calculated from analyst ratings
Analyst Ratings for Steel Dynamics
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 04/24/2025 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $145 → $140 | Maintains | Overweight | Get Alert |
| 04/24/2025 | Buy Now | — | JP Morgan | Bill Peterson45% | $135 → $138 | Maintains | Neutral | Get Alert |
| 04/16/2025 | Buy Now | — | JP Morgan | Bill Peterson45% | $140 → $135 | Maintains | Neutral | Get Alert |
| 03/31/2025 | Buy Now | — | BMO Capital | Katja Jancic43% | $135 → $145 | Upgrade | Market Perform → Outperform | Get Alert |
| 03/24/2025 | Buy Now | — | UBS | Andrew Jones36% | → $149 | Upgrade | Neutral → Buy | Get Alert |
| 03/11/2025 | Buy Now | — | JP Morgan | Bill Peterson45% | $132 → $140 | Maintains | Neutral | Get Alert |
| 03/07/2025 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $145 → $158 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 02/11/2025 | Buy Now | — | Keybanc | Philip Gibbs84% | → $155 | Upgrade | Sector Weight → Overweight | Get Alert |
| 02/03/2025 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $131 → $145 | Maintains | Equal-Weight | Get Alert |
| 01/24/2025 | Buy Now | — | Jefferies | Christopher LeFemina65% | $125 → $145 | Upgrade | Hold → Buy | Get Alert |
| 01/17/2025 | Buy Now | — | JP Morgan | Bill Peterson45% | $134 → $132 | Maintains | Neutral | Get Alert |
| 01/06/2025 | Buy Now | — | Jefferies | Christopher LeFemina65% | $145 → $125 | Maintains | Hold | Get Alert |
| 12/19/2024 | Buy Now | — | Citigroup | Alexander Hacking66% | $160 → $145 | Maintains | Buy | Get Alert |
| 12/12/2024 | Buy Now | — | UBS | Andrew Jones36% | $145 → $149 | Downgrade | Buy → Neutral | Get Alert |
| 12/02/2024 | Buy Now | — | Goldman Sachs | Mike Harris28% | → $155 | Initiates | → Neutral | Get Alert |
| 10/18/2024 | Buy Now | — | Seaport Global | Martin Englert42% | $132 → $150 | Maintains | Buy | Get Alert |
| 10/18/2024 | Buy Now | — | JP Morgan | Bill Peterson45% | $129 → $134 | Maintains | Neutral | Get Alert |
| 10/18/2024 | Buy Now | — | BMO Capital | Katja Jancic43% | $130 → $135 | Maintains | Market Perform | Get Alert |
| 10/10/2024 | Buy Now | — | BMO Capital | Katja Jancic43% | $127 → $130 | Maintains | Market Perform | Get Alert |
| 10/09/2024 | Buy Now | — | JP Morgan | Bill Peterson45% | $131 → $129 | Maintains | Neutral | Get Alert |
| 10/01/2024 | Buy Now | — | B of A Securities | Lawson Winder50% | $140 → $155 | Upgrade | Neutral → Buy | Get Alert |
| 09/18/2024 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $138 → $131 | Maintains | Equal-Weight | Get Alert |
| 09/17/2024 | Buy Now | — | BMO Capital | Katja Jancic43% | $135 → $127 | Maintains | Market Perform | Get Alert |
| 09/09/2024 | Buy Now | — | JP Morgan | Bill Peterson45% | $120 → $131 | Upgrade | Underweight → Neutral | Get Alert |
| 09/03/2024 | Buy Now | — | UBS | Curt Woodworth65% | $129 → $145 | Upgrade | Neutral → Buy | Get Alert |
| 08/15/2024 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $134 → $138 | Maintains | Equal-Weight | Get Alert |
| 07/16/2024 | Buy Now | — | JP Morgan | Bill Peterson45% | $118 → $120 | Maintains | Underweight | Get Alert |
| 06/26/2024 | Buy Now | — | B of A Securities | Lawson Winder50% | $150 → $145 | Maintains | Neutral | Get Alert |
| 06/18/2024 | Buy Now | — | BMO Capital | Katja Jancic43% | $140 → $135 | Maintains | Market Perform | Get Alert |
| 05/20/2024 | Buy Now | — | Jefferies | Christopher LeFemina65% | → $150 | Initiates | → Hold | Get Alert |
| 04/16/2024 | Buy Now | — | JP Morgan | Bill Peterson45% | $100 → $118 | Maintains | Underweight | Get Alert |
| 03/18/2024 | Buy Now | — | BMO Capital | David Gagliano51% | $110 → $120 | Maintains | Market Perform | Get Alert |
| 03/13/2024 | Buy Now | — | Citigroup | Alexander Hacking66% | $130 → $160 | Maintains | Buy | Get Alert |
| 01/24/2024 | Buy Now | — | UBS | Andreas Bokkenheuser62% | $120 → $119 | Maintains | Neutral | Get Alert |
| 01/16/2024 | Buy Now | — | UBS | Andreas Bokkenheuser62% | → $120 | Initiates | → Neutral | Get Alert |
| 12/12/2023 | Buy Now | — | JP Morgan | Bill Peterson45% | $95 → $98 | Maintains | Underweight | Get Alert |
| 10/31/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $99 → $108 | Maintains | Equal-Weight | Get Alert |
| 09/26/2023 | Buy Now | — | Citigroup | Alexander Hacking66% | $130 → $130 | Upgrade | Neutral → Buy | Get Alert |
| 09/25/2023 | Buy Now | — | Citigroup | Alexander Hacking66% | → $130 | Upgrade | Neutral → Buy | Get Alert |
| 09/19/2023 | Buy Now | — | BMO Capital | David Gagliano51% | $115 → $107 | Maintains | Market Perform | Get Alert |
| 09/08/2023 | Buy Now | — | JP Morgan | Bill Peterson45% | $94 → $95 | Maintains | Underweight | Get Alert |
| 07/24/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $97 → $99 | Maintains | Equal-Weight | Get Alert |
| 07/21/2023 | Buy Now | — | JP Morgan | Bill Peterson45% | $93 → $94 | Maintains | Underweight | Get Alert |
| 07/05/2023 | Buy Now | — | Exane BNP Paribas | Tristan Gresser1% | → $102 | Downgrade | Outperform → Neutral | Get Alert |
| 06/21/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | → $97 | Reiterates | → Equal-Weight | Get Alert |
| 05/23/2023 | Buy Now | — | JP Morgan | Bill Peterson45% | → $82 | Initiates | → Underweight | Get Alert |
| 05/22/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $96 → $97 | Maintains | Equal-Weight | Get Alert |
| 04/21/2023 | Buy Now | — | Credit Suisse | Curt Woodworth65% | $106 → $115 | Maintains | Outperform | Get Alert |
| 04/05/2023 | Buy Now | — | B of A Securities | Lawson Winder50% | $140 → $123 | Downgrade | Buy → Neutral | Get Alert |
| 03/20/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $93 → $96 | Maintains | Equal-Weight | Get Alert |
| 03/16/2023 | Buy Now | — | Credit Suisse | Curt Woodworth65% | $92 → $106 | Maintains | Outperform | Get Alert |
| 03/15/2023 | Buy Now | — | Citigroup | Alexander Hacking66% | — | Downgrade | Buy → Neutral | Get Alert |
| 01/30/2023 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $85 → $93 | Maintains | Equal-Weight | Get Alert |
| 01/27/2023 | Buy Now | — | BMO Capital | David Gagliano51% | $109 → $120 | Maintains | Market Perform | Get Alert |
| 01/27/2023 | Buy Now | — | Goldman Sachs | Emily Chieng65% | $114 → $118 | Downgrade | Buy → Neutral | Get Alert |
| 12/06/2022 | Buy Now | — | UBS | Andreas Bokkenheuser62% | — | Downgrade | Buy → Neutral | Get Alert |
| 11/14/2022 | Buy Now | — | BMO Capital | David Gagliano51% | $89 → $100 | Maintains | Market Perform | Get Alert |
| 10/21/2022 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $78 → $85 | Maintains | Equal-Weight | Get Alert |
| 10/21/2022 | Buy Now | — | Goldman Sachs | Emily Chieng65% | $88 → $99 | Maintains | Buy | Get Alert |
| 10/21/2022 | Buy Now | — | BMO Capital | David Gagliano51% | $77 → $89 | Maintains | Market Perform | Get Alert |
| 10/06/2022 | Buy Now | — | Goldman Sachs | Emily Chieng65% | $89 → $88 | Upgrade | Neutral → Buy | Get Alert |
| 07/06/2022 | Buy Now | — | Morgan Stanley | Carlos De Alba71% | $94 → $78 | Maintains | Equal-Weight | Get Alert |
| 06/14/2022 | Buy Now | — | JP Morgan | Michael Glick45% | $129 → $110 | Maintains | Overweight | Get Alert |
| 05/31/2022 | Buy Now | — | Goldman Sachs | Emily Chieng65% | → $92 | Downgrade | Buy → Neutral | Get Alert |
FAQ
What is the target price for Steel Dynamics (STLD) stock?
The latest price target for Steel Dynamics (NASDAQ:STLD) was reported by Morgan Stanley on April 24, 2025. The analyst firm set a price target for $140.00 expecting STLD to rise to within 12 months (a possible 3.41% upside). 29 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Steel Dynamics (STLD)?
The latest analyst rating for Steel Dynamics (NASDAQ:STLD) was provided by Morgan Stanley, and Steel Dynamics maintained their overweight rating.
When was the last upgrade for Steel Dynamics (STLD)?
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.
When was the last downgrade for Steel Dynamics (STLD)?
The last downgrade for Steel Dynamics Inc happened on December 12, 2024 when UBS changed their price target from $145 to $149 for Steel Dynamics Inc.
When is the next analyst rating going to be posted or updated for Steel Dynamics (STLD)?
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 24, 2025 so you should expect the next rating to be made available sometime around April 24, 2026.
Is the Analyst Rating Steel Dynamics (STLD) correct?
While ratings are subjective and will change, the latest Steel Dynamics (STLD) rating was a maintained with a price target of $145.00 to $140.00. The current price Steel Dynamics (STLD) is trading at is $135.38, which is out of the analyst’s predicted range.
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