STLD

Steel DynamicsB

Nasdaq / Materials

At close

2026-06-02

Current thesis

The bull case is that Q1 2026 showed more than a cyclical bounce: record shipments, better steel pricing, stronger lead times, and a fabrication backlog extending into October 2026 suggest genuine demand support, while the aluminum platform now has visible commissioning milestones that could reduce startup drag over the next two quarters [#PR-2026-04-20].

Posture

Constructive

Lead driver

Momentum

What changed

8 setup hits (3d) with net bullish as of 2026-06-03.

What can break

Aluminum startup execution remains a real swing factor after Q1 included a temporary operational pause, inventory write-offs, and a $65 million startup/construction loss [#PR-2026-04-20].

Momentum

Value

Sentiment

Setup hits (3d)

8 · Net Bullish

AI TargetsBase $205.00 · Bull $235.00 · Bear $175.00

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-04-21 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Bullish

Target $194.40

Why

Momentum88 · Δ7d -0.6

Value47 · Δ7d -0.6

Sentiment38 · Δ7d -4.6

So what

Strength-led posture (Net Bullish). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendFlat

Δ7d

-0.6

Δ21d

-1.7

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.6

Δ21d

-0.9

Sentiment

33% active weight

Current posture

7d trendSoftening

Δ7d

-4.6

Δ21d

-1.8

Why this grade

Composite grade B. Momentum 88.1 / Value 47.5 / Sentiment 38.3

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$37.72B

Beta

1.47

Shares Out

146.03M

P/E (TTM)

22.8

P/S (TTM)

1.42

P/FCF (TTM)

1115.65

Rev YoY

+11.2%

EPS YoY

+33.2%

Gross Margin

+13.1%

Op Margin

+8.0%

Net Debt

$2.49B

Current Ratio

3.11

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology