Steel Dynamics, Inc. (STLD) is a prominent steel producer and metal recycler in the U.S., with a market cap of $29.1 billion. STLD shares have outperformed the S&P 500, rising 50.8% in 52 weeks. However, Q4 2025 results led to a 4.4% drop in stock price, with net income decreasing to $266 million.

Analysts project STLD’s EPS to increase 70.1% year-over-year to $13.59 for the fiscal year ending December 2026. It has a mixed earnings surprise history. Despite this, STLD stock has an overall consensus “Strong Buy” rating from 11 analysts, with 8 “Strong Buys” and 3 “Holds.”

Morgan Stanley analyst Carlos De Alba downgraded STLD to a “Hold” from a “Buy” rating on Jan. 9, setting a price target of $194. Currently, the stock is trading above the mean price target of $192.40. The highest target of $200 suggests minimal upside from current levels.

Read more at Yahoo Finance: Are Wall Street Analysts Bullish on Steel Dynamics Stock?