STLD

Steel DynamicsC

Nasdaq / Materials

At close

2026-07-18

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

Mixed

Lead driver

Value

What changed

Next scheduled catalyst: earnings 2026-07-20 · AMC.

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)

0 · Net Neutral

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

Earnings

2026-07-20 · AMC

Data freshness

Prices

As of 2026-07-18

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-18 • Model: HYBRID_IC_RP

AI Memo

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

Investment thesis

As of 2026-07-18

Supporting evidence

What

Grade C · Mixed

Confidence Medium · Net Neutral

Target $275.91

Why

Momentum63 · Δ7d +12.0

Value49 · Δ7d -0.4

Sentiment44 · Δ7d -5.4

So what

Balanced signals (Net Neutral). Wait for confirmation before sizing up.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+12.0

Δ21d

-12.5

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.4

Δ21d

+0.1

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-5.4

Δ21d

+1.8

Why this grade

Composite grade C. Momentum 63.1 / Value 49.0 / Sentiment 43.6

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$33.96B

Beta

1.47

Shares Out

144.21M

P/E (TTM)

22.8

P/S (TTM)

1.42

P/FCF (TTM)

1115.65

Rev YoY

+19.1%

EPS YoY

+92.8%

Gross Margin

+13.9%

Op Margin

+8.0%

Net Debt

$3.61B

Current Ratio

3.13

As of 2026-07-18 • Updated nightlySource: Internal modelMethodology