Steel Dynamics, Inc. (STLD) Social Stream
Steel Dynamics Inc (STLD) Price Targets From Analysts
Use the tables below to see what analysts covering Steel Dynamics Inc think about its future price and what recommendations they have for investors and traders.
| 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 | $84.16 | 2.04% |
| 2021-11-17 | 5 | $104 | $66.5 | $83.7 | $84.16 | -0.55% |
| 2022-01-04 | 5 | $98 | $66.5 | $80.1 | $84.16 | -4.82% |
| 2022-01-20 | 5 | $98 | $60 | $77.1 | $84.16 | -8.39% |
| 2022-01-31 | 5 | $98 | $60 | $75.1 | $84.16 | -10.77% |
| 2022-03-22 | 5 | $98 | $60 | $76.9 | $84.16 | -8.63% |
| 2022-03-24 | 5 | $117 | $60 | $81.3 | $84.16 | -3.4% |
The Trend in the Analyst Price Target
Over the past 26 weeks, STLD's average price target has gone down $1.15.
STLD reports an average of 16.7% for its upside potential over the past 51 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-08-01 | 10 | 87 | 68.0 | 76.630 | 64.45 | 18.9% |
| 2021-08-07 | 10 | 104 | 68.0 | 79.670 | 62.84 | 26.78% |
| 2021-08-14 | 10 | 104 | 68.0 | 80.330 | 73.12 | 9.86% |
| 2021-10-20 | 5 | 104 | 66.5 | 85.875 | 65.06 | 31.99% |
| 2022-03-24 | 5 | 117 | 60.0 | 81.300 | 88.66 | -8.3% |
STLD Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.8 | 3 | 0 | 2 | 0 | 0 | 5 |
The Trend in the Broker Recommendations
STLD's average broker recommendation rating improved by 0.2 over the prior 39 weeks.
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 the context of all US stocks, Steel Dynamics Inc's upside potential (average analyst target price relative to current price) is higher than 74.65% of them.
- In terms of how Steel Dynamics Inc fares relative to stocks in the large market cap category, note that its number of analysts covering the stock is greater than 53.55% of that group.
- STLD has a higher average analyst price target than 602.41% of Steel Works Etc stocks.
- STLD has a lower variance in analysts' estimates than -474.1% of Steel Works Etc stocks.
In the Steel Works Etc industry, PKX, NUE, and MTL are the three stocks most similar to Steel Dynamics Inc regarding the price target and analyst recommendation information presented here.
Is STLD a Buy, Hold or Sell? See the POWR Ratings now!