What is Morgan Stanley's price target for STLD?

Morgan Stanley's latest stated price target for Steel Dynamics Inc. (STLD) is $194, from its action on Jan 9, 2026.

What is Morgan Stanley's rating on STLD?

Morgan Stanley rates STLD Equal-Weight, a neutral rating, as of Jan 9, 2026.

When did Morgan Stanley last change its view on STLD?

On Jan 9, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight, price target $194.

Morgan Stanley STLD price target and rating history

Steel Dynamics Inc. (STLD) · Industrials

Morgan Stanley rates Steel Dynamics Inc. (STLD) Equal-Weight with a $194 price target, as of its latest action on Jan 9, 2026. It has published 3 rating actions on STLD since October 2021, including 1 upgrade and 2 downgrades. Across 5 firms with a STLD price target in the last 12 months, the median target is $250. Morgan Stanley's $194 is 22% below that.

Current rating: Equal-Weight
Price target: $194
Median target, all firms: $250
Actions on STLD: 3

Morgan Stanley price target on STLD

Morgan Stanley price target on STLD, each point a stated target, March 2025 to January 2026.

Every Morgan Stanley rating on STLD

Jan 9, 2026
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight, price target $194
Mar 7, 2025
UpgradeMorgan Stanley upgrades to Overweight from Equal-Weight, price target $145 to $158
Oct 18, 2021
DowngradeMorgan Stanley downgrades to Equal-Weight from Overweight

How other firms rate STLD

Each firm's latest rating and stated target in the last 12 months.

Firm	Rating	Price target	Date
Goldman Sachs	Buy	$300	Jul 29, 2026
Barclays	Overweight	$270	May 22, 2026
BofA Securities	Neutral	$250	Apr 30, 2026
KeyBanc Capital Markets	Overweight	$190	Mar 25, 2026
Morgan Stanley	Equal-Weight	$194	Jan 9, 2026

Questions about Morgan Stanley and STLD

What is Morgan Stanley's price target for STLD?: Morgan Stanley's latest stated price target for Steel Dynamics Inc. (STLD) is $194, from its action on Jan 9, 2026.
What is Morgan Stanley's rating on STLD?: Morgan Stanley rates STLD Equal-Weight, a neutral rating, as of Jan 9, 2026.
When did Morgan Stanley last change its view on STLD?: On Jan 9, 2026, Morgan Stanley downgrades to Equal-Weight from Overweight, price target $194.
How does Morgan Stanley's STLD target compare with other analysts?: Across 5 firms with a STLD price target in the last 12 months, the median target is $250. Morgan Stanley's $194 is 22% below that.

More STLD rating histories

All Morgan Stanley ratings STLD news and filings Every analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.