Companies /Basic Materials

Steel Dynamics Inc

NASDAQ: STLD Steel
$235.84
▼ $0.06 (−0.03%) today
Markets closed · 12:18am ET
24/7 Rating HOLD
12-Month Price Target
$226.07 −4.1% downside

Set by 24/7 Wall St.’s proprietary analysis of professional targets, profit trajectory, sector, risk, and retail attention. How we calculate our price targets →

Current close $235.63
Street consensus $272.64
Ours vs. the Street −17.1%
$192.10Conservative$235.63Current$226.07Our Target$288.95Optimistic
12-Month Projection Historical Optimistic Target Conservative
$150$200$250Aug 2025Aug 2027Today$288.95$226.07$192.10
$150$200$250Aug 2025Aug 2027Today$288.95$226.07$192.10

Analyst Sentiment

13ANALYSTS
Buy969%
Hold323%
Sell18%
The Bottom Line

Steel Dynamics is fairly valued at current levels. With our price target of $226.07 suggesting limited downside, the stock appears to be trading near fair value. Consider your portfolio allocation and investment timeline before making a decision.

The 24/7 Factor

Base Growth
Conservative growth baseline (reduced to avoid double-counting P/E growth)
1.05×
Sector Momentum
Commodity-linked, cyclical
1.02×
Analyst Consensus
Moderate analyst optimism
+3.7%
Earnings Growth
Strong earnings acceleration
+3.0%
Volatility Adjustment
Higher volatility stock
−1.1%
Price Position
Trading near 52-week high
+1.5%
Read our full methodology →

5-Year Projection

Long-Term Forecast Optimistic Target Conservative
$210$280$350’26’27’28’29’30’31$396.47$245.00$188.88
$210$280$350’26’27’28’29’30’31$396.47$245.00$188.88

Prediction History

STLD Price Target History Our Target Stock Price
$220$240$260Jul 16Aug 21$225.11$228.68
$220$240$260Jul 16Aug 21$225.11$228.68
Date Price Target Stock Price Rating Upside
$225.11 $228.68 HOLD −1.6%
$245.07 $255.77 HOLD −4.2%
$244.89 $262.45 HOLD −6.7%
$237.73 $251.26 HOLD −5.4%
$234.35 $246.76 HOLD −5.0%
$220.23 $235.58 HOLD −6.5%

Frequently Asked Questions

What is the STLD stock price prediction for 2030?

Looking ahead to 2030, our model projects STLD could trade at an average price of $243.10, with a potential range between $182.32 and $303.87. This represents a potential 3.2% return from today’s price. Long-term forecasts depend heavily on company execution, competitive dynamics, and broader market conditions.

Is STLD a buy, sell, or hold right now?

24/7 Wall St. currently rates STLD as a HOLD. Near fair value (-4.1%) Among Wall Street analysts, 9 rate it Buy, 3 rate it Hold, and 1 rate it Sell.

What is the STLD stock price target in an optimistic scenario?

In our optimistic scenario for STLD, the stock could reach $288.95 over the next 12 months, representing a 22.6% gain from today’s price. This scenario assumes favorable conditions materialize, including strong earnings growth, positive market sentiment, and successful execution of company initiatives.

What is the downside risk for STLD stock?

In our conservative scenario, STLD could trade as low as $192.10 over the next 12 months, representing a 18.5% decline from current levels. This scenario accounts for potential headwinds including earnings misses, competitive pressures, or broader market weakness.

Projections are estimates based on current data, updated daily. Not investment advice. Learn how we calculate these projections →