From Yahoo Finance: 2025-06-18 05:37:00

Steel Dynamics, Inc. (STLD) is a large-cap steel producer and metal recycler in the US, with a market cap of $19.6 billion. Despite a recent 14.4% drop from its 52-week high, STLD has grown 6.6% in the past three months, outperforming the S&P 500. YTD, STLD has surged 16.7%.

STLD stock has been trading above its 200-day and 50-day moving averages since April, confirming a bullish trend. Following its Q1 earnings release, STLD shares grew 3.4%, with revenue of $4.37 billion beating Street forecasts. Analysts rate STLD as a “Strong Buy,” with a mean price target of $147.91, suggesting an 11.1% upside potential.



Read more at Yahoo Finance: Is Steel Dynamics Stock Underperforming the S&P 500?