Steel Dynamics Inc. (STLD) Social Stream
STEEL DYNAMICS INC (STLD) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering STLD.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-10-20 | 5 | $104 | $66.5 | $85.875 | $116.46 | -26.26% |
| 2021-11-17 | 5 | $104 | $66.5 | $83.7 | $116.46 | -28.13% |
| 2022-01-04 | 5 | $98 | $66.5 | $80.1 | $116.46 | -31.22% |
| 2022-01-20 | 5 | $98 | $60 | $77.1 | $116.46 | -33.8% |
| 2022-01-31 | 5 | $98 | $60 | $75.1 | $116.46 | -35.51% |
| 2022-03-22 | 5 | $98 | $60 | $76.9 | $116.46 | -33.97% |
| 2022-04-15 | 5 | $117 | $60 | $81.3 | $116.46 | -30.19% |
| 2022-04-20 | 5 | $117 | $60 | $88.3 | $116.46 | -24.18% |
| 2022-04-22 | 5 | $129 | $60 | $92.916 | $116.46 | -20.22% |
| 2022-05-11 | 6 | $129 | $60 | $97.5 | $116.46 | -16.28% |
| 2022-06-14 | 5 | $110 | $60 | $93.6 | $116.46 | -19.63% |
| 2022-09-27 | 4 | $104 | $60 | $85.5 | $116.46 | -26.58% |
| 2022-10-06 | 4 | $104 | $60 | $86 | $116.46 | -26.15% |
| 2022-10-21 | 5 | $104 | $60 | $87.4 | $116.46 | -24.95% |
| 2022-11-14 | 6 | $100 | $60 | $88.8 | $116.46 | -23.75% |
| 2022-12-16 | 6 | $100 | $60 | $90.666 | $116.46 | -22.15% |
| 2023-01-09 | 7 | $121 | $60 | $95 | $116.46 | -18.43% |
| 2023-01-26 | 7 | $121 | $85 | $100.833 | $116.46 | -13.42% |
| 2023-01-30 | 7 | $121 | $85 | $104.166 | $116.46 | -10.56% |
| 2023-03-15 | 7 | $140 | $93 | $111.833 | $116.46 | -3.97% |
| 2023-03-24 | 8 | $140 | $96 | $112.333 | $116.46 | -3.54% |
| 2023-04-05 | 8 | $123 | $96 | $109.5 | $116.46 | -5.98% |
| 2023-05-15 | 8 | $123 | $96 | $112.833 | $116.46 | -3.11% |
| 2023-05-22 | 9 | $123 | $97 | $113 | $116.46 | -2.97% |
| 2023-06-21 | 9 | $123 | $82 | $108.571 | $116.46 | -6.77% |
| 2023-06-22 | 9 | $123 | $82 | $107.857 | $116.46 | -7.39% |
| 2023-07-05 | 10 | $123 | $82 | $107.125 | $116.46 | -8.02% |
| 2023-07-06 | 10 | $120 | $82 | $106.5 | $116.46 | -8.55% |
| 2023-07-14 | 10 | $120 | $93 | $107.875 | $116.46 | -7.37% |
| 2023-08-10 | 10 | $120 | $94 | $108.25 | $116.46 | -7.05% |
| 2023-09-19 | 10 | $120 | $95 | $107.375 | $116.46 | -7.8% |
| 2023-10-20 | 10 | $130 | $95 | $109.888 | $116.46 | -5.64% |
| 2023-10-31 | 10 | $130 | $95 | $110.888 | $116.46 | -4.78% |
| 2023-11-20 | 10 | $130 | $95 | $111.666 | $116.46 | -4.12% |
| 2023-12-13 | 9 | $130 | $95 | $113.125 | $116.46 | -2.86% |
| 2023-12-15 | 9 | $130 | $98 | $113.5 | $116.46 | -2.54% |
The Trend in the Analyst Price Target
Over the past 43 months, STLD's average price target has gone up $86.42.
Over the past 49 weeks, STLD's average upside potential has been 3.46%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-09 | 7 | 121 | 85 | 100.833 | 101.38 | -0.54% |
| 2023-03-15 | 8 | 140 | 93 | 111.833 | 101.75 | 9.91% |
| 2023-08-10 | 10 | 120 | 94 | 108.250 | 102.09 | 6.03% |
| 2023-09-18 | 10 | 120 | 95 | 108.375 | 98.11 | 10.46% |
| 2023-10-11 | 10 | 130 | 95 | 109.888 | 110.49 | -0.54% |
STLD Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.78 | 2 | 0 | 6 | 1 | 1 | 9 |
The Trend in the Broker Recommendations
Over the past 30 months, STLD's average broker recommendation rating worsened by 0.78.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for STLD as an investment opportunity.
- In terms of how STEEL DYNAMICS INC fares relative to all US stocks, note that its upside potential (average analyst target price relative to current price) is higher than 523.29% of that group.
- In the context of stocks in the large market cap category, STEEL DYNAMICS INC's number of analysts covering the stock is greater than 547.61% of them.
- STLD has a higher average analyst price target than 3794.19% of Steel Works Etc stocks.
- To contextualize these metrics, consider that out of Steel Works Etc stocks, STEEL DYNAMICS INC's variance in analysts' estimates is lower than -2736.22% of them.
In the Steel Works Etc industry, NUE, GGB, and HWM are the three stocks most similar to STEEL DYNAMICS INC regarding the price target and analyst recommendation information presented here.
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