Steel Dynamics, Inc. (STLD) is a top steel producer and recycler with a market cap of $22.7 billion. Shares have underperformed the market but are up 36.2% in 2025, beating the S&P 500. Q3 results exceeded Wall Street’s expectations, with EPS at $2.74 and revenue at $4.8 billion.

Analysts predict STLD’s EPS to drop 13.8% for the current fiscal year. The stock has a “Moderate Buy” consensus rating among 13 analysts, down from a previous “Strong Buy.” UBS analyst Andrew Jones downgraded STLD to “Neutral” with a price target of $165, implying a 6.2% upside.

The mean price target for STLD is $167.42, representing a 7.7% premium. The highest target is $180, suggesting a potential 15.8% upside. Analyst ratings and targets have shifted recently, reflecting varying opinions on the stock’s potential.

Read more at Yahoo Finance: What Are Wall Street Analysts’ Target Price for Steel Dynamics Stock?