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Steel Dynamics (STLD): New Buy Recommendation for This Basic Materials Giant

Tipranks - Tue Aug 25, 6:00AM CDT

Wolfe Research analyst maintained a Buy rating on Steel Dynamics today and set a price target of $275.00.

55% Off TipRanks

In addition to Wolfe Research, Steel Dynamics also received a Buy from Wells Fargo’s Timna Tanners in a report issued today. However, on August 10, UBS maintained a Hold rating on Steel Dynamics (NASDAQ: STLD).

Based on Steel Dynamics’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $6.09 billion and a net profit of $534.09 million. In comparison, last year the company earned a revenue of $4.57 billion and had a net profit of $298.73 million

Based on the recent corporate insider activity of 110 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of STLD in relation to earlier this year. Most recently, in June 2026, James Stanley Anderson, the SVP of STLD sold 10,000.00 shares for a total of $2,687,030.02.

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