WS trades 25.3% below Wall Street's consensus target of $46.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes WS achieves its forward estimates and maintains a stable P/E multiple of 17.0x. This scenario reflects the blended consensus of 1 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of November 8, 2026, Worthington Steel, Inc. (WS) has a Wall Street consensus price target of $46.00, based on estimates from 1 covering analysts. With the stock currently trading at $36.72, this represents a potential upside of +25.3%. The company has a market capitalization of $1.87B.
Analyst price targets range from a low of $46.00 to a high of $46.00, representing a 0% spread in expectations. The median target of $46.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 1 analysts rating the stock as a Buy or Strong Buy,0 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, WS trades at a trailing P/E of -62.2x and forward P/E of 17.0x. Analysts expect EPS to grow +466.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $31.51, with bear and bull scenarios of $19.85 and $41.51 respectively. Model confidence stands at 32/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 STLDSteel Dynamics, Inc. | $32.1B | $222.90 | $275.17 | +23.4% | Buy | 12.6x | 27 |
 NUENucor Corporation | $55.8B | $244.97 | $300.63 | +22.7% | Buy | 12.4x | 33 |
 RSReliance Steel & Aluminum Co. | $21.3B | $417.00 | $434.00 | +4.1% | Hold | 15.6x | 28 |
 CMCCommercial Metals Company | $6.9B | $62.28 | $78.86 | +26.6% | Hold | 9.7x | 27 |
 CLFCleveland-Cliffs Inc. | $6.5B | $11.46 | $14.00 | +22.2% | Hold | 285.1x | 44 |
 MTUSMetallus Inc. | $693M | $16.65 | — | — | Hold | 20.0x | 5 |
 SXCSunCoke Energy, Inc. | $832M | $9.80 | $9.00 | -8.2% | Buy | 20.4x | 18 |
 CATCaterpillar Inc. | $257.3B | $558.63 | $935.36 | +67.4% | Buy | 20.4x | 57 |
 DEDeere & Company | $181.3B | $671.65 | $731.20 | +8.9% | Buy | 37.2x | 46 |
 FFord Motor Company | $49.6B | $12.44 | $15.56 | +25.1% | Hold | 6.5x | 47 |
Quick answers to the most common questions about buying WS stock.
The consensus Wall Street price target for WS is $46, representing 25.3% upside from the current price of $36.72. With 1 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
WS has a consensus rating of "Buy" based on 1 Wall Street analysts. The rating breakdown is predominantly bullish, with 1 Buy/Strong Buy ratings. The consensus 12-month price target of $46 implies 25.3% upside from current levels.
With a forward P/E of 17x, WS trades at a relatively low valuation. The consensus target of $46 implies 25.3% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $46 for WS, while the most conservative target is $46. The consensus of $46 represents the median expectation. Our quantitative valuation model projects a bull case target of $42 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
WS is lightly followed, with 1 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 0 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month WS stock forecast based on 1 Wall Street analysts shows a consensus price target of $46, with estimates ranging from $46 (bear case) to $46 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $32, with bear/bull scenarios of $20/$42.
Our quantitative valuation model calculates WS's fair value at $32 (base case), with a bear case of $20 and bull case of $42. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 32/100.
WS trades at a forward P/E ratio of 17.0x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on WS, with a "Buy" consensus rating and $46 price target (25.3% upside). 1 of 1 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
WS analyst price targets range from $46 to $46, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $46 consensus represents the middle ground. Our model's $20-$42 range provides an independent fundamental perspective.
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