United States Steel (X) Stock Forecast, Price Target & Predictions


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X Stock Forecast


United States Steel stock forecast is as follows: an average price target of $36.07 (represents a -5.72% downside from X’s last price of $38.26) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.

X Price Target


The average price target for United States Steel (X) is $36.07 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $49.00 to $22.00. This represents a potential -5.72% downside from X's last price of $38.26.

X Analyst Ratings


Buy

According to 11 Wall Street analysts, United States Steel's rating consensus is 'Buy'. The analyst rating breakdown for X stock is 1 'Strong Buy' (9.09%), 8 'Buy' (72.73%), 1 'Hold' (9.09%), 1 'Sell' (9.09%), and 0 'Strong Sell' (0.00%).

United States Steel Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 19, 2024Christopher LaFeminaJefferies$41.00$37.698.80%7.16%
Sep 19, 2024Carlos De AlbaMorgan Stanley$49.00$37.7029.97%28.07%
Sep 09, 2024Gordon JohnsonGLJ Research$38.57$32.3119.38%0.81%
Jun 17, 2024Katja JancicBMO Capital$43.00$36.8716.63%12.39%
May 20, 2024Christopher LaFeminaJefferies$45.00$35.9125.31%17.62%
May 06, 2024Carlos De AlbaMorgan Stanley$48.00$36.4731.62%25.46%
Mar 18, 2024Katja JancicBMO Capital$45.00$38.8715.77%17.62%
Sep 16, 2022Curt WoodworthCredit Suisse$37.00$20.3082.27%-3.29%
Aug 01, 2022-Morgan Stanley$21.50$23.65-9.09%-43.81%
Jul 06, 2022-Morgan Stanley$20.00$16.8019.08%-47.73%
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The latest United States Steel stock forecast, released on Sep 19, 2024 by Christopher LaFemina from Jefferies, set a price target of $41.00, which represents a 8.80% increase from the stock price at the time of the forecast ($37.69), and a 7.16% increase from X last price ($38.26).

United States Steel Price Target by Period


1M3M12M
# Anlaysts-37
Avg Price Target-$42.86$44.22
Last Closing Price$38.26$38.26$38.26
Upside/Downside-100.00%12.02%15.58%

In the current month, the average price target of United States Steel stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to United States Steel's last price of $38.26. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 19, 2024KeyBancSector WeightSector WeightHold
Sep 19, 2024Morgan StanleyOverweightOverweightHold
Sep 09, 2024GLJ Research-BuyUpgrade
Sep 06, 2024JefferiesBuyBuyHold
Sep 06, 2024Exane BNP Paribas-OutperformUpgrade
Sep 05, 2024BMO CapitalOutperformOutperformHold
Aug 15, 2024Morgan StanleyOverweightOverweightHold
Jun 25, 2024BMO CapitalMarket PerformOutperformUpgrade
Jun 17, 2024BMO CapitalMarket PerformMarket PerformHold
Jun 17, 2024Morgan StanleyOverweightOverweightHold
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United States Steel's last stock rating was published by KeyBanc on Sep 19, 2024. The company gave X a "Sector Weight" rating, the same as its previous rate.

United States Steel Financial Forecast


United States Steel Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$4.14B$4.43B$5.01B$4.47B$4.34B$5.20B$6.29B$5.23B$5.62B$5.96B$5.03B$3.66B$2.56B$2.34B$2.09B$2.75B$2.82B$3.07B
Avg Forecast$4.40B$4.40B$4.51B$4.73B$4.53B$4.49B$4.57B$4.40B$3.78B$3.77B$4.01B$4.22B$3.73B$4.39B$5.11B$4.26B$4.03B$5.04B$5.82B$5.22B$5.44B$5.79B$4.63B$3.68B$2.58B$2.14B$1.84B$2.80B$2.78B$3.05B
High Forecast$4.80B$4.80B$4.92B$5.17B$4.95B$4.90B$4.99B$4.89B$4.29B$3.80B$4.01B$4.22B$4.03B$4.66B$5.57B$4.65B$4.40B$5.04B$5.82B$5.22B$5.44B$5.79B$4.63B$3.68B$2.58B$2.14B$1.84B$2.80B$2.78B$3.05B
Low Forecast$3.88B$3.88B$3.98B$4.18B$4.00B$3.96B$4.03B$3.84B$3.12B$3.74B$4.01B$4.22B$3.29B$4.12B$4.51B$3.76B$3.55B$5.04B$5.82B$5.22B$5.44B$5.79B$4.63B$3.68B$2.58B$2.14B$1.84B$2.80B$2.78B$3.05B
# Analysts444433357333642211112222277986
Surprise %------------1.11%1.01%0.98%1.05%1.08%1.03%1.08%1.00%1.03%1.03%1.09%1.00%0.99%1.09%1.14%0.98%1.02%1.01%

United States Steel's average Quarter revenue forecast for Mar 24 based on 3 analysts is $4.22B, with a low forecast of $4.22B, and a high forecast of $4.22B. X's average Quarter revenue forecast represents a 1.76% increase compared to the company's last Quarter revenue of $4.14B (Dec 23).

United States Steel EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433357333642211112222277986
EBITDA------------$76.00M$571.00M$845.00M$429.00M$314.00M$775.00M$1.67B$1.31B$1.28B$2.53B$1.26B$373.00M$199.00M$-174.00M$-530.00M$-360.00M$-402.00M$-96.00M
Avg Forecast$551.88M$551.88M$565.90M$593.93M$568.81M$563.34M$572.85M$552.44M$474.23M$472.90M$503.53M$1.61B$467.74M$550.68M$640.63M$1.46B$1.66B$632.76M$730.19M$1.33B$681.88M$726.29M$580.68M$303.32M$323.64M$268.13M$230.57M$-421.36M$348.22M$382.09M
High Forecast$602.42M$602.42M$617.72M$648.32M$620.89M$614.93M$625.30M$613.23M$537.88M$477.24M$503.53M$1.93B$505.66M$584.05M$699.30M$1.75B$1.99B$632.76M$730.19M$1.60B$681.88M$726.29M$580.68M$363.98M$323.64M$268.13M$230.57M$-337.09M$348.22M$382.09M
Low Forecast$486.89M$486.89M$499.26M$523.99M$501.82M$497.00M$505.39M$481.07M$391.86M$468.56M$503.53M$1.29B$412.12M$517.10M$565.19M$1.17B$1.32B$632.76M$730.19M$1.06B$681.88M$726.29M$580.68M$242.65M$323.64M$268.13M$230.57M$-505.64M$348.22M$382.09M
Surprise %------------0.16%1.04%1.32%0.29%0.19%1.22%2.28%0.99%1.88%3.49%2.17%1.23%0.61%-0.65%-2.30%0.85%-1.15%-0.25%

3 analysts predict X's average Quarter EBITDA for Mar 24 to be $1.61B, with a high of $1.93B and a low of $1.29B. This is 2016.47% upper than United States Steel's previous annual EBITDA (Dec 23) of $76.00M.

United States Steel Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433357333642211112222277986
Net Income------------$-80.00M$299.00M$477.00M$199.00M$174.00M$490.00M$978.00M$882.00M$1.07B$2.00B$1.01B$91.00M$49.00M$-234.00M$-589.00M$-391.00M$-668.00M$-84.00M
Avg Forecast$191.74M$191.74M$217.32M$245.50M$234.75M$196.84M$200.28M$94.02M$69.10M$104.29M$192.01M$1.03B$71.04M$285.37M$455.72M$937.31M$1.38B$490.29M$928.99M$852.10M$1.11B$1.22B$783.30M$74.00M$-177.02M$-367.59M$-647.18M$-457.65M$-260.76M$-62.69M
High Forecast$214.57M$214.57M$243.19M$274.73M$262.69M$220.28M$224.12M$122.23M$103.65M$108.93M$192.04M$1.24B$88.09M$297.77M$509.97M$1.12B$1.66B$490.29M$928.99M$1.02B$1.11B$1.22B$783.30M$88.80M$-177.02M$-367.59M$-647.18M$-366.12M$-260.76M$-62.69M
Low Forecast$162.38M$162.38M$184.05M$207.92M$198.81M$166.71M$169.62M$52.65M$51.83M$99.65M$191.97M$824.83M$62.51M$277.92M$385.95M$749.85M$1.10B$490.29M$928.99M$681.68M$1.11B$1.22B$783.30M$59.20M$-177.02M$-367.59M$-647.18M$-549.18M$-260.76M$-62.69M
Surprise %-------------1.13%1.05%1.05%0.21%0.13%1.00%1.05%1.04%0.96%1.64%1.29%1.23%-0.28%0.64%0.91%0.85%2.56%1.34%

United States Steel's average Quarter net income forecast for Dec 23 is $71.04M, with a range of $62.51M to $88.09M. X's average Quarter net income forecast represents a -76.24% decrease compared to the company's last Quarter net income of $299.00M (Sep 23).

United States Steel SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433357333642211112222277986
SG&A------------$181.00M$118.00M$103.00M$99.00M$98.00M$95.00M$112.00M$117.00M$110.00M$108.00M$106.00M$96.00M$75.00M$65.00M$62.00M$72.00M$66.00M$63.00M
Avg Forecast$108.01M$108.01M$110.76M$116.24M$111.32M$110.25M$112.12M$108.12M$92.81M$92.55M$98.55M$136.77M$91.54M$107.78M$125.38M$124.34M$142.13M$123.84M$142.91M$113.03M$133.46M$142.15M$113.65M$78.07M$63.34M$52.48M$45.13M$84.27M$68.15M$74.78M
High Forecast$117.90M$117.90M$120.90M$126.89M$121.52M$120.35M$122.38M$120.02M$105.27M$93.40M$98.55M$164.13M$98.97M$114.31M$136.86M$149.20M$170.55M$123.84M$142.91M$135.64M$133.46M$142.15M$113.65M$93.68M$63.34M$52.48M$45.13M$101.13M$68.15M$74.78M
Low Forecast$95.29M$95.29M$97.71M$102.55M$98.21M$97.27M$98.91M$94.15M$76.69M$91.71M$98.55M$109.42M$80.66M$101.20M$110.62M$99.47M$113.70M$123.84M$142.91M$90.43M$133.46M$142.15M$113.65M$62.45M$63.34M$52.48M$45.13M$67.42M$68.15M$74.78M
Surprise %------------1.98%1.09%0.82%0.80%0.69%0.77%0.78%1.04%0.82%0.76%0.93%1.23%1.18%1.24%1.37%0.85%0.97%0.84%

United States Steel's average Quarter SG&A projection for Mar 24 is $136.77M, based on 3 Wall Street analysts, with a range of $109.42M to $164.13M. The forecast indicates a -24.44% fall compared to X last annual SG&A of $181.00M (Dec 23).

United States Steel EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts444433357333642211112222277986
EPS------------$-0.00$1.34-$0.87$0.75$2.07$3.80$3.37$3.97$7.41$3.75$0.36$0.22$-1.06$-3.36$-2.30$-4.00$-0.49
Avg Forecast$0.75$0.75$0.86$0.97$0.92$0.77$0.79$0.37$0.27$0.41$0.76$0.82$0.28$1.12$1.79$0.45$0.53$1.93$3.65$3.02$4.37$4.81$3.08$0.88$-0.70$-1.45$-2.55$-0.84$-1.03$-0.25
High Forecast$0.84$0.84$0.96$1.08$1.03$0.87$0.88$0.48$0.41$0.43$0.76$0.82$0.35$1.17$2.01$0.51$0.59$1.93$3.65$3.02$4.37$4.81$3.08$0.88$-0.70$-1.45$-2.55$-0.84$-1.03$-0.25
Low Forecast$0.64$0.64$0.72$0.82$0.78$0.66$0.67$0.21$0.20$0.39$0.76$0.82$0.25$1.09$1.52$0.38$0.45$1.93$3.65$3.02$4.37$4.81$3.08$0.88$-0.70$-1.45$-2.55$-0.84$-1.03$-0.25
Surprise %-------------0.00%1.19%0.00%1.93%1.42%1.07%1.04%1.11%0.91%1.54%1.22%0.41%-0.32%0.73%1.32%2.74%3.90%1.99%

According to 6 Wall Street analysts, United States Steel's projected average Quarter EPS for Dec 23 is $0.28, with a low estimate of $0.25 and a high estimate of $0.35. This represents a -79.13% decrease compared to X previous annual EPS of $1.34 (Sep 23).

United States Steel Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SCHNSchnitzer Steel Industries$33.20$215.00547.59%-
GGBGerdau$3.11$5.0060.77%Buy
CLFCleveland-Cliffs$13.11$19.8551.41%Buy
MTArcelorMittal$24.81$36.8748.61%Buy
TXTernium$34.25$50.0045.99%Buy
PKXPOSCO$62.01$77.0024.17%Hold
CMCCommercial Metals Company$53.96$59.7510.73%Buy
NUENucor$142.60$150.115.27%Hold
STLDSteel Dynamics$133.58$134.000.31%Buy
RSReliance Steel & Aluminum$289.04$277.50-3.99%Buy
XUnited States Steel$38.26$36.07-5.72%Buy

X Forecast FAQ


Yes, according to 11 Wall Street analysts, United States Steel (X) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 8 'Buy' recommendations, accounting for 81.82% of X's total ratings.

United States Steel (X) average price target is $36.07 with a range of $22 to $49, implying a -5.72% from its last price of $38.26. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for X stock, the company can go down by -5.72% (from the last price of $38.26 to the average price target of $36.07), up by 28.07% based on the highest stock price target, and down by -42.50% based on the lowest stock price target.

X's average twelve months analyst stock price target of $36.07 does not support the claim that United States Steel can reach $60 in the near future.

United States Steel's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $18B (high $19.73B, low $15.83B), average EBITDA is $2.26B (high $2.47B, low $1.99B), average net income is $725.89M (high $829.32M, low $587.79M), average SG&A $441.82M (high $484.27M, low $388.55M), and average EPS is $2.86 (high $3.26, low $2.31). X's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18.05B (high $19.7B, low $15.92B), average EBITDA is $2.26B (high $2.47B, low $2B), average net income is $846.3M (high $947.05M, low $716.74M), average SG&A $443.02M (high $483.59M, low $390.85M), and average EPS is $3.33 (high $3.73, low $2.82).

Based on United States Steel's last annual report (Dec 2023), the company's revenue was $16.04B, which missed the average analysts forecast of $17.49B by -8.29%. Apple's EBITDA was $2.04B, missing the average prediction of $3.12B by -34.80%. The company's net income was $895M, missing the average estimation of $1.75B by -48.84%. Apple's SG&A was $501M, beating the average forecast of $449.04M by 11.57%. Lastly, the company's EPS was $3.98, beating the average prediction of $3.65 by 9.10%. In terms of the last quarterly report (Dec 2023), United States Steel's revenue was $4.14B, beating the average analysts' forecast of $3.73B by 11.13%. The company's EBITDA was $76M, missing the average prediction of $467.74M by -83.75%. United States Steel's net income was $-80M, missing the average estimation of $71.04M by -212.62%. The company's SG&A was $181M, beating the average forecast of $91.54M by 97.72%. Lastly, the company's EPS was $-0.0004, missing the average prediction of $0.28 by -100.14%