| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/31/2023 | 3.26% | Morgan Stanley | $99 → $108 | Maintains | Equal-Weight |
| 09/26/2023 | 24.29% | Citigroup | $130 → $130 | Upgrades | Neutral → Buy |
| 09/25/2023 | 24.29% | Citigroup | → $130 | Upgrades | Neutral → Buy |
| 09/19/2023 | 2.3% | BMO Capital | $115 → $107 | Maintains | Market Perform |
| 09/08/2023 | -9.17% | JP Morgan | $94 → $95 | Maintains | Underweight |
| 07/24/2023 | -5.34% | Morgan Stanley | $97 → $99 | Maintains | Equal-Weight |
| 07/21/2023 | -10.13% | JP Morgan | $93 → $94 | Maintains | Underweight |
| 07/05/2023 | -2.48% | Exane BNP Paribas | → $102 | Downgrades | Outperform → Neutral |
| 06/21/2023 | -7.26% | Morgan Stanley | → $97 | Reiterates | → Equal-Weight |
| 05/23/2023 | -21.6% | JP Morgan | → $82 | Initiates Coverage On | → Underweight |
| 05/22/2023 | -7.26% | Morgan Stanley | $96 → $97 | Maintains | Equal-Weight |
| 04/21/2023 | 9.95% | Credit Suisse | $106 → $115 | Maintains | Outperform |
| 04/05/2023 | 17.6% | B of A Securities | $140 → $123 | Downgrades | Buy → Neutral |
| 03/20/2023 | -8.21% | Morgan Stanley | $93 → $96 | Maintains | Equal-Weight |
| 03/16/2023 | 1.35% | Credit Suisse | $92 → $106 | Maintains | Outperform |
| 03/15/2023 | — | Citigroup | Downgrades | Buy → Neutral | |
| 01/30/2023 | -11.08% | Morgan Stanley | $85 → $93 | Maintains | Equal-Weight |
| 01/27/2023 | 14.73% | BMO Capital | $109 → $120 | Maintains | Market Perform |
| 01/27/2023 | 12.82% | Goldman Sachs | $114 → $118 | Downgrades | Buy → Neutral |
| 12/06/2022 | — | UBS | Downgrades | Buy → Neutral | |
| 11/14/2022 | -4.39% | BMO Capital | $89 → $100 | Maintains | Market Perform |
| 10/21/2022 | -18.73% | Morgan Stanley | $78 → $85 | Maintains | Equal-Weight |
| 10/21/2022 | -5.34% | Goldman Sachs | $88 → $99 | Maintains | Buy |
| 10/21/2022 | -14.91% | BMO Capital | $77 → $89 | Maintains | Market Perform |
| 10/06/2022 | -15.86% | Goldman Sachs | $89 → $88 | Upgrades | Neutral → Buy |
| 07/06/2022 | -25.42% | Morgan Stanley | $94 → $78 | Maintains | Equal-Weight |
| 06/14/2022 | 5.17% | JP Morgan | $129 → $110 | Maintains | Overweight |
| 05/31/2022 | -12.04% | Goldman Sachs | → $92 | Downgrades | Buy → Neutral |
| 05/11/2022 | -10.13% | Morgan Stanley | $66.5 → $94 | Maintains | Equal-Weight |
| 04/22/2022 | 9% | Goldman Sachs | $100 → $114 | Maintains | Buy |
| 03/24/2022 | 11.87% | JP Morgan | $95 → $117 | Maintains | Overweight |
| 03/22/2022 | -5.34% | Goldman Sachs | $89 → $99 | Maintains | Buy |
| 02/16/2022 | -23.51% | Goldman Sachs | $75 → $80 | Maintains | Buy |
| 01/11/2022 | -42.63% | Wolfe Research | → $60 | Downgrades | Peer Perform → Underperform |
| 10/18/2021 | — | Morgan Stanley | Downgrades | Overweight → Equal-Weight | |
| 10/06/2021 | -31.16% | Goldman Sachs | $87 → $72 | Maintains | Buy |
| 09/15/2021 | -6.3% | Deutsche Bank | $72 → $98 | Maintains | Buy |
| 08/24/2021 | -28.29% | Seaport Global | → $75 | Initiates Coverage On | → Buy |
| 06/16/2021 | 2.3% | JP Morgan | → $107 | Assumes | → Overweight |
| 06/14/2021 | -32.12% | Morgan Stanley | $70 → $71 | Maintains | Overweight |
| 05/11/2021 | -33.07% | Morgan Stanley | $53 → $70 | Maintains | Overweight |
| 04/20/2021 | -41.68% | B of A Securities | $49 → $61 | Upgrades | Neutral → Buy |
| 04/19/2021 | -47.41% | Credit Suisse | $52 → $55 | Maintains | Outperform |
| 04/12/2021 | — | Goldman Sachs | Initiates Coverage On | → Buy | |
| 04/09/2021 | -45.5% | Goldman Sachs | → $57 | Initiates Coverage On | → Buy |
| 03/12/2021 | -49.33% | Morgan Stanley | $44 → $53 | Maintains | Overweight |
| 02/03/2021 | -50.28% | Credit Suisse | → $52 | Upgrades | Neutral → Outperform |
| 01/27/2021 | -57.93% | Morgan Stanley | $45 → $44 | Maintains | Overweight |
| 12/09/2020 | -56.97% | Morgan Stanley | → $45 | Initiates Coverage On | → Overweight |
| 10/21/2020 | -69.4% | Credit Suisse | $30 → $32 | Maintains | Neutral |
| 07/22/2020 | -73.23% | Credit Suisse | $25 → $28 | Maintains | Neutral |
| 06/22/2020 | -76.1% | Credit Suisse | $22 → $25 | Maintains | Neutral |
| 05/14/2020 | -69.4% | UBS | $43 → $32 | Maintains | Buy |
| 05/13/2020 | — | Keybanc | Downgrades | Overweight → Sector Weight | |
| 05/06/2020 | — | B of A Securities | Downgrades | Neutral → Underperform | |
| 04/22/2020 | -76.1% | Keybanc | $23 → $25 | Maintains | Overweight |
| 04/22/2020 | -78.97% | Credit Suisse | $24 → $22 | Maintains | Neutral |
| 04/17/2020 | -73.23% | JP Morgan | $35 → $28 | Maintains | Overweight |
| 03/24/2020 | -78.01% | Keybanc | → $23 | Upgrades | Sector Weight → Overweight |
| 03/19/2020 | -75.14% | Credit Suisse | $28 → $26 | Maintains | Neutral |
| 12/09/2019 | — | Longbow Research | Upgrades | Neutral → Buy | |
| 11/14/2019 | -56.02% | UBS | $47 → $46 | Maintains | Buy |
| 09/06/2019 | -71.32% | BMO Capital | $40 → $30 | Downgrades | Outperform → Market Perform |
| 08/26/2019 | — | Longbow Research | Downgrades | Buy → Neutral | |
| 07/24/2019 | -61.76% | BMO Capital | $35 → $40 | Maintains | Outperform |
| 07/24/2019 | — | B of A Securities | Downgrades | Buy → Neutral | |
| 06/04/2019 | -65.58% | Goldman Sachs | $44 → $36 | Maintains | Buy |
| 05/30/2019 | -71.32% | Deutsche Bank | $44 → $30 | Downgrades | Buy → Hold |
| 05/23/2019 | -72.27% | Credit Suisse | $38 → $29 | Downgrades | Outperform → Neutral |
| 01/08/2019 | — | Credit Suisse | Upgrades | Neutral → Outperform |
What is the target price for Steel Dynamics (STLD)?
The latest price target for Steel Dynamics (NASDAQ: STLD) was reported by Morgan Stanley on October 31, 2023. The analyst firm set a price target for $108.00 expecting STLD to rise to within 12 months (a possible 3.26% upside). 21 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 equal-weight rating.
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 October 31, 2023 so you should expect the next rating to be made available sometime around October 31, 2024.
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 $99.00 to $108.00. The current price Steel Dynamics (STLD) is trading at is $104.59, which is within the analyst's predicted range.